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.
- Townhouses
Key features
- Private garage
- Private Roof Terrace Garden
- State of the art designer kitchen
- Italian designed cabinetry
- Door entry system with video & audio streaming
- Matt black sockets & switches, including USB, throughout
- Provision for automated window coverings throughout
Property description
Rothmore Property is thrilled to reveal a limited collection of luxury homes in the heart of Manchester. This high-spec development ensures impeccable finishes throughout each unit.
Welcome to a distinguished assortment of super-luxury residences nestled in bustling Manchester City Center. These four-story homes seamlessly blend urban living with comfort. Discover spacious open-plan living areas, private roof terraces, and serene sunrooms for an unparalleled experience.
Experience city life at its most luxurious with these high-spec four-storey houses. Our Manchester City Central Location offers 2, 3, and 4 bedroom properties for an exceptional lifestyle.
Impeccably crafted four-story townhouses embody the pinnacle of design. The interiors, with understated hues, natural textures, and meticulous detailing, create your own luxurious urban haven.
The first-floor bedrooms offer a blend of spaciousness and contemporary design, flooded with natural light for relaxed living.
Master bedrooms exude elegance, featuring captivating accent walls and refined lighting.
Adjoining dressing rooms showcase contemporary Italian cabinetry, while opulent ensuites embody lavish living.
Each home boasts a dedicated floor for spacious living and dining areas. The modern designer kitchen, equipped with top-of-the-line appliances, premium surfaces, and custom-made cabinets, creates a luxurious culinary haven.
Experience the extraordinary with your private rooftop terrace, an entertainment haven. Elevate your hosting skills with a complete outdoor kitchen and integrated sound system. Enjoy all-weather landscaping and peaceful low-level lighting. Expand your living space with the versatile summer lounge, a serene retreat.
Highlights
Private garage
Private Roof Terrace Garden
State of the art designer kitchen
Italian designed cabinetry
Door entry system with video & audio streaming
Matt black sockets & switches, including USB, throughout
Provision for automated window coverings throughout
High end integrated appliances including:
* Fridge/freezer
* Dishwasher
* Wine cooler
* Coffee machine
* Double oven/microwave
* Warming drawer
* Waste disposal
This is an exclusive opportunity for an investment opportunity or occupancy located in one of the UK's fastest growing property markets, with expected rental yields of 5%.
At Rothmore Property, we are your one-stop shop for new homes. We believe that buying a property is a significant investment, whether you're a first-time buyer searching for your dream home or an experienced investor looking to expand your portfolio. We are committed to providing you with the best properties, advice, and service in the market.
Get in touch for more information!
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