Exciting New Residential Development in the Heart of Manchester We are thrilled to present a fantastic off-plan investment opportunity in the heart of Manchester, just moments away from the city’s bustling Deansgate, Spinningfields, and the best shopping, dining, and cultural attractions the city has to offer. Full This new residential development offers an array of high-quality 1-, 2-, and 3-bedroom apartments, catering to all buyer requirements. Onsite amenities include a residents-only gym, private cinema room, stylish communal lounges, rooftop gardens offering panoramic views of the city, and the added peace of mind with a 24-hour concierge service. This development perfectly balances luxury living with convenient city access. Investment Highlights: Achievable returns of up to 7%Part of Manchester’s rapidly growing economyCompletion expected Q4 2023Developed by a trusted, established UK developerLow ground rent of just 0.1%250-year leaseholdCouncil Tax band CPricing: 1-bedroom apartments from £210,0002-bedroom apartments from £300,0002-bedroom duplex apartments from £375,0003-bedroom apartments from £425,000Location Overview: Manchester continues to be the UK’s #1 investment locationHigh tenant demand in the areaProperty prices have increased by 10% over the last yearRental prices are forecast to increase by 15% between 2022-2026With a ground rent of only 0.1% (subject to future review—contact us for more details) and a 250-year leasehold, this development offers excellent long-term value for investors. The service charge is estimated at £2.5 per sqft, and the properties are in Council Tax band C. Don’t miss out on this fantastic investment opportunity—get in touch with one of our consultants today to learn more about this exciting development.
Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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