2 bedroom apartment for sale
L&Q at Victoria Riverside, Dantzic Street, Manchester, M4 2AD
Share percentage 40%, full price £352,000, £14,080 Min Deposit.
Share percentage 40%, full price £352,000, £14,080 Min Deposit
Monthly Cost: £1,377
Rent £396,
Service charge £270,
Mortgage £711*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £80,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
Summary
Be a part of the biggest renewal project Manchester's ever seen | Listed at 40% | Access to Gym, Concierge & Communal Workspace
Description
2 Bedroom Apartments from £340,000...
*Price of £140,800 represents a 40% share of the full market value of £352,000.
Step into your dream two-bedroom apartment at L&Q at Victoria Riverside, where modern design meets unparalleled convenience. Located in the vibrant Red Bank neighbourhood, these spacious homes feature "picture-frame" windows with sweeping city views. Benefit from exclusive amenities like a state-of-the-art gym, lush Podium Garden, and a dedicated concierge service - all designed to enhance your everyday life.
You're not just getting a home at L&Q at Victoria Riverside, you're buying into a lifestyle.
Please note, there is no allocated parking at L&Q at Victoria Riverside.
Under the Shared Ownership scheme you part-buy/part-rent your home, making it possible for first-time buyers and families to get on the property ladder.
The minimum share you can purchase is 25% and the maximum is 75%. You will usually pay a mortgage on the part you own and a subsidised rent on the part you don't own. As your income rises, you can increase the share you own until you eventually own 100%.
The Benefits of Shared Ownership:
Affordable Entry: Buy a share between 25% to 75% of the property.
Lower Deposits: Typically, just 5-10% of your share's price.
Manageable Mortgage: Only need a mortgage for your share.
Flexible Ownership: Increase your share gradually until you own 100%.
Cost-Efficient Living: Enjoy lower running costs with a new-build home equipped with the latest technologies and fixtures.
Images used solely for illustrative purposes only and may differ from the actual house type or plot. Please speak to our Sales Advisor for more information.
Key Features
- Available now - contact our sales team to book an appointment to view!
- Fully inclusive specification included, with two contemporary colour palettes to choose from
- Access to on-site amenities including concierge, state of the art gym and communal workspace
- Lush podium gardens to enjoy, only moments from your apartment
- Large picture frame windows, offering stunning views of Manchester city centre
- Victoria Station is reachable by foot in 10 minutes
- Paths and cycle routes on your doorstep
- First phase of a new up and coming neighbourhood
- Excellent transport links with train, car, bus & tram
Particulars
Tenure: Leasehold
Lease Length: 790 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Key Information Document Floor Plan BrochureMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: n/a
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 40%, full price £352,000, £14,080 Min Deposit. Calculated using a representative rate of 4.59%
