2 bedroom apartment for sale

Available

L&Q at Victoria Riverside, Dantzic Street, Manchester, M4 2AD

£85,000 · Shared Ownership New Build

Share percentage 25%, full price £340,000, £8,500 Min Deposit.

Available
2 bedrooms
2 Bathrooms
Floor plan
floor-plan
Floor plan
floor-plan
£85,000 Shared Ownership New Build · Eligibility Eligibility

Share percentage 25%, full price £340,000, £8,500 Min Deposit.

Monthly Cost: £1,283
Rent £584, Service charge £270, Mortgage £429*

Calculated using a representative rate of 4.59%

Calculate estimated monthly costs

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Eligibility

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

Shared Ownership 2 Bed Apartment in Manchester City Centre | Listed at 25%

Description

SELECTION OF SHARED OWNERSHIP APARTMENTS IN MANCHESTER

2 Bedroom Apartments from £340,000...

*Price of £85,000 represents a 25% share of the full market value of £340,000.

L&Q at Victoria Riverside presents a brand new collection of Shared Ownership apartments in Manchester's thriving city centre. Located amidst the vibrant city centre, this iconic development comprises one and two-bedroom apartments in Manchester's up-and-coming Red Bank neighbourhood.

These homes, available in one and two-bedroom options, are located in Victoria Riverside's City View Tower which comprises 17 floors. The building's facade features captivating colours that mirror the breathtaking views visible through the floor-to-ceiling "picture-frame" windows in each apartment, seamlessly blending the essence of the local surroundings with the essence of every home.

Enjoy captivating views of Manchester alongside the vibrant city life. Embrace the surroundings, relish the proximity to the city centre, and explore all that this extraordinary city has to offer.
Residents are well catered for in L&Q at Victoria Riverside with an impressive array of onsite amenities that are rare to find with Shared Ownership homes.

A state-of-the-art gym is kitted out with a full selection of exercise equipment, making for a convenient and complete workout experience right at your doorstep. Comfortably work from home in the flexible communal workspace, great for focus time away from your new home. Sitting in between City View and Park View, the Podium Garden is a lush, green space for relaxing, socialising and working. And for those with a busier lifestyle, the on-site concierge service is exactly what you need to never miss a delivery.

You're not just getting a home at L&Q at Victoria Riverside, you're buying into a lifestyle.

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.

Council Tax Bands will be confirmed upon completion of the property. To view the council tax bands in Manchester refer to Manchester City Council's website or ask your sales advisor for more information.

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 Brochure
Map
Manchester Victoria (0.40 miles) Salford Central (0.99 miles) Manchester Piccadilly (1.00 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£85,000
Shared Ownership New Build
Estimated Monthly Cost:£1,283
Rent £584
Service Charge £270
Mortgage £429

Share percentage 25%, full price £340,000, £8,500 Min Deposit. Calculated using a representative rate of 4.59%


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Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.