Tenure
Knowing the tenure of the property is important because it affects your rights to use the property and the costs of ownership.
Freehold means you’ll own the property and the land it's built on. You'll usually be responsible for the maintenance of the property and have more freedom to alter it.
For flats and maisonettes, the freehold is sometimes shared with other properties in the same building. This is known as a share of freehold.
Leasehold means you'll have the right to live in the home for a set amount of years (specified in the lease). The landlord (the freeholder) owns the land, and if the lease runs out, ownership of the property will go back to them. Lease lengths that are less than 80 years tend to be more complicated and can cause issues with mortgage lenders.
You can extend a lease but this can be expensive. If you'd like to make changes to the property, you'll likely need the landlord’s permission. You're also likely to have to pay an annual amount for ground rent and services charges which can be subject to change. It is good practice to check additional leasehold costs that will apply to the property and factor this into your budget considerations.
Shared ownership is a form of leasehold in which you buy a percentage of the property and pay rent on the share you do not own. You may be able to buy the remaining share at an extra cost. When you wish to sell the property, you may need permission to do so.
Commonhold is a type of freehold ownership for a property that's within a development. A commonhold or residents’ association owns and manages the common parts of the property (like stairs and hallways). You'll need to join the commonhold association and contribute towards maintaining the development. It is good practice to check additional costs that will apply to the property and factor this into your budget considerations.
- Allocated parking
Key features
- Four bespoke duplex penthouse residences
- Extensive private amenities, including 24hr concierge
- High specification and finishing throughout including air conditioning
- Brand new development
- Panoramic Manchester aspects
- Prime Location with the New Jackson Neighborhood
- 0.3m to Deansgate Station
Property description
Four individual penthouses boasting spectacular panoramic aspects over Manchester, vibrant interiors and high specification throughout,The Blade delivers ultimate contemporary living.
Description
The Blade is situated in the heart of New Jackson, a world class skyscraper district located at the Southern Gateway to Manchester City Centre. Standing at 51 storeys the development offers breathtaking aspects over Manchester.
At the crown of The Blade are four individual and highly curated penthouse homes, set across two levels the homes dramatically combine convenience and luxury, resulting in expansive, carefully crafted spaces that are designed to be as enjoyable as they are inspirational.
As a resident at The Blade you will have access to three levels of exceptional residents only amenity, carefully tailored with residents health, wellbeing and convenience in mind. Some of the amenities included are 24hr concierge, Peloton cycling studio, health and fitness suite, private dining and residents lounge.
Please note that the Hawthorn is inclusive of fittings and furnishings (with the exception of the clothes in the wardrobes).
Location
New Jackson is set to become a thriving new community within the city. A world-class skyscraper district with inspiring architecture, which is transforming the Manchester city skyline. Not just a new neighborhood boasting new amenities, New Jackson will become the most aspirational destination in Manchester for those wanting to experience modern city living.
Crown Street Primary School, Medical Centre, children's play area, New Jackson Park, Deansgate Dental Studio and a selection of independent supermarkets, restaurants and retail are already on your doorstep.
Close proximity to transport with Deansgate Station only 0.3m away with direct links to Piccadilly Station and only a 24 minute drive (10.8m) to Manchester Airport. *Distances taken from google
Square Footage: 2,464 sq ft
Leasehold with approximately 999 years remaining.
Additional Info
EPC: B (82)
Council tax: TBC
Ground Rent: £0 Peppercorn
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