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Apartment, House, Commercial
Under Construction

MediaCityUK expansions

Address not specified, Salford, United Kingdom
GBP 105000 - 175545
MediaCityUK expansions
MediaCityUK expansions - Image 2
MediaCityUK expansions - Image 3

Overview

Bedrooms1-3
Bathrooms0
Area29-400 sqm
Year BuiltN/A

The second phase of development at MediaCityUK in Salford, which will add up to 2,000 new homes.

High demand! This property is getting a lot of attention.

Consider acting fast if you're interested.

Building/Community Amenities

  • Bike Storage & Repair
  • Business Center / Co-working Space
  • Clubhouse / Resident Lounge
  • Community Events
  • Daycare Services
  • Elevator
  • EV Charging Station
  • Fitness Center / Gym
  • Gated Community
  • Health Care
  • High-Speed Internet / Wi-Fi
  • Hotel
  • In-Unit Laundry (Washer & Dryer)
  • Jogging / Biking Trails
  • Kitchen Appliances
  • Laundry Facilities
  • Meeting / Conference Rooms
  • Near Public Transportation
  • On-site Retail / Shops
  • Outdoor Kitchen
  • Park
  • Parking
  • Party / Event Room
  • Playground / Kids Play Area
  • Pool
  • Private Dining Room
  • Restaurant (On-site)
  • Rooftop Deck / Terrace
  • Spa / Wellness Center
  • Sports Court / Facilities
  • Sustainable / Green Building
  • Waterfront / River View

Investment Insights

Investment Analysis

Investment Summary

Property Price:£105,000
Down Payment (30%):£31,500
Total Investment:£0
Monthly Rental Income:£0
Net Annual Rental Income:£0
Future Property Value:£0

Key Metrics

Cash-on-Cash Return:0.00%
Cap Rate:0.00%
Total ROI (over 10 years):0.00%
Annualized ROI:0.00%

Legal & Ownership

Legal & Ownership Information

Ownership Structure

Ownership Rights

Freehold or Leasehold

Foreign Ownership

No restrictions for foreign buyers.

Tax Considerations

Property Taxes

Annual council tax varies by property band and location. Stamp Duty Land Tax (SDLT) for non-residents includes a 2% surcharge.

Transfer Tax

Stamp Duty Land Tax (SDLT) ranges from 0-12% plus 2% non-resident surcharge.

Inheritance Tax

Inheritance tax of 40% above the threshold of £325,000.

Important Considerations

Restrictions

  • Additional stamp duty for second homes and investment properties

Required Documents

  • Land Registry title deed
  • Energy Performance Certificate (EPC)
  • Proof of identity and address
  • Proof of funds

Financing Options

Financing Options

Mortgage Calculator

£31,500
Loan Amount:£73,500
Monthly Payment:£0
Total Payment:£0
Total Interest:£0

Financing in United Kingdom

UK lenders offer various mortgage products to foreign buyers, though often with stricter requirements and lower LTV ratios compared to residents. Non-resident mortgages typically require larger deposits.

Requirements for Foreign Buyers
  • 1
    Passport and proof of address
  • 2
    Proof of income and employment
  • 3
    UK bank account
  • 4
    Larger deposit (typically 25-40%)
Popular Lenders
HSBC
Max LTV:
75%
Interest Rate:
From 3.0% fixed, 2.5% variable
Barclays
Max LTV:
70%
Interest Rate:
From 3.2% fixed, 2.7% variable
Santander UK
Max LTV:
75%
Interest Rate:
From 3.1% fixed, 2.6% variable

Contact Information

Peel Media & Legal & General

Peel Media & Legal & General

Property Developer

Verified

0151 949 6000

info@peel.co.uk

www.peel.co.uk

Contact Developer

Mention property ID: MediaCityUK expansions when contacting.

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