apartment16 Chapel Street, Salford, M3 7NH

This Property is Being sold Purplebricks Secure Sale An attractive investment-only opportunity to acquire a studio within a prestigious aparthotel development in the heart of Deansgate, Manchester. This is a commercial investment and is not available for residential occupation. The property operates under an existing underlease and management model, with the new owner required to continue under the same arrangement. The aparthotel operator manages the property, providing investors with a hands-off investment model without the day-to-day management responsibilities. ndicative Image Disclaimer Please note: Internal images shown are of a neighbouring apartment within the same development and not the apartment being sold. They are provided to illustrate the general standard of décor and finish only. The property differs in size and layout. An internal viewing is strongly recommended. Owners receive quarterly payments based on the performance of the aparthotel, after applicable costs. Returns can vary from quarter to quarter, with the potential for investors to benefit from the ongoing performance of the development. The development offers an impressive hotel environment with facilities including a swimming pool and leisure amenities, helping to attract guests and support the investment proposition. With no ground rent or service charge, this represents an interesting opportunity for investors seeking an income-producing asset in a prime Manchester city-centre location. Cash buyers only. Investment purposes only. Secure Sale is a faster and more secure way to sell or purchase a property, where the seller and the buyer commit to the transaction and an agreed fixed timescale. A legal pack (including searches) will be created upfront and made available to any interested parties and passed to the conveyancers once a sale has been agreed. Please contact Purplebricks to view these documents. When an offer is accepted, the buyer will be required to pay a non-refundable Reservation Fee of £6995 including VAT (in addition to the final negotiated selling price), sign a Reservation Form and agree the Terms and Conditions prior to solicitors being instructed. If you require a copy of these documents, or for further information, please contact the Purplebricks Secure Sales team