Apartment 510 (ALRS), Affinity Living Riverview

Affinity Living Riverview, Blackfriars, Manchester City Centre

£275,000 Guide Price

Overlooking the banks of the River Irwell, the Affinity Living Riverview development is a popular development for people seeking a high quality apartment in the city centre.

Get in touch for more information

Overlooking the banks of the River Irwell, the Affinity Living Riverview development is a popular development for people seeking a high quality apartment in the city centre.

Get in touch for more information


Apartment 510 Affinity Living Riverview - Overview

Affinity Living Riverside is a newly completed building by award-winning developer Affinity Living. The development benefits from an extremely central waterside location, only minute’s walk from Spinningfields and the city centre. Many of the cities top bars, restaurants and designer stores are located on your doorstep, making this the ideal location for those who enjoy the city centre lifestyle.

This two-bedroom apartment is located on the 5th floor with floor-to-ceiling windows. An open-plan layout and large kitchen makes this an ideal space for entertaining guests and relaxing.

Investment Highlights
Asking price: Offers over £275,000
2 Double bedroom apartment
2 Bathrooms for each bedroom, one has a bath/shower and the other a double walk-in shower.
Tenure: Leasehold (245 years remaining)
5th-floor apartment
Ground rent per annum: £483.64
Service charge per annum: £3,294
Current rental income: £18,360 per annum

Rental yield – 6.7% per annum
Estimated capital appreciation – 5.76% (see below)

Estimated Capital Appreciation – North West Property
2024 – 4.0%
2025 – 4.5%
2026 – 5.5%
2027 – 6.5%
2028 – 5.5%
5 Years To 2028 – 28.8%

Source:
Savills Research Predictions – Mainstream Capital Value Forecast

Affinity Living Riverside – Affinity Living Riverside consists of 190 purpose-built plays host to a wide range onsite facility such as a Gym and Yoga Studio, In-House Café, Social Lounges, Co-Working Spaces, Private Event Room, and a Cinema Snug. The developer has gone into an incredible level of detail in order to create a vibrant community at this development, with an exceptional eye for detail and regular social events for residents.

General Specification – The apartment is entered from the 5th floor opening into a spacious open-plan living area which is flooded with natural light. The open plan living area consists of luxury vinyl plank flooring and a fully fitted kitchen including: Single fan oven, 4 burner ceramic hob, microwave, fridge/ freezer, dishwasher, washer/dryer. Luxury vinyl plank flooring continues through to both double bedrooms which both benefit from floor-to-ceiling windows and a spacious en-suite with fully tiled wall finishes with feature tile behind sink, shower over the bath and mirrored bathroom cabinet with integrated shaver socket, shelving and lighting.

The Area – Affinity Riverside is located overlooking the River Irwell and is positioned next to the Lowry Hotel. City centre living doesn’t get much better than this with so many amenities on your doorstep. The corn exchange is only a short walk away, as is Spinningfields, Piccadilly and Deansgate. There are so many excellent bars and restaurants nearby including Menagerie, Crazy Perdro’s and Dishoom to name a few. Salford Central train station is less than 5 minutes walk away from the development linking you to nearby cities and outer Manchester.

Full address: Apartment 510, 32 Quay Street, Salford, M3 5FZ
Asking price: Offers over £275,000
2 Double bedroom apartment
2 Bathrooms for each bedroom, one has a bath/shower and the other a double walk-in shower.
Tenure: Leasehold (245 years remaining)
5th floor apartment
Ground rent per annum: £483.64
Service charge per annum: £3,294
Current rental income: £18,360 per annum