A Vibrant New Development Set to Transform the Manchester Skyline A brand-new, dynamic development is coming to Manchester, ideally located in the heart of Piccadilly’s latest regeneration area. Designed with the modern tenant's needs at its core, this development offers an exciting opportunity in one of the city's most rapidly developing districts. Full This off-plan investment opportunity features 177 one-, two-, and three-bedroom apartments spread across 25 storeys, each finished to the highest standard. The development provides a range of on-site amenities, including a work-from-home station, gymnasium, and communal garden. With modern living increasingly centered around home life, each apartment has been thoughtfully designed with spacious layouts, large windows, and natural earthy tones to create a calming, contemporary atmosphere. Investment Overview: 7% anticipated yieldOnly a 25% deposit requiredCompletion expected by Q2 2024Ground rent of just 0.1% (subject to future review)250-year leaseholdCouncil Tax band A Pricing: 1-bedroom apartments from £191,0002-bedroom apartments from £290,0003-bedroom apartments from £365,000Location Overview: The regeneration of Piccadilly is expected to significantly increase property valuesRental prices in Manchester are forecast to rise by 16.5% from 2020 to 2024High demand from tenants in AncoatsThe new HS2 station at Piccadilly will play a major role in boosting the area’s development, alongside new residential projects and green spaces. This development offers a fantastic investment opportunity with just 0.1% ground rent, which will be reviewed in the future. The service charge is estimated at £3.4 per sqft, and the property is in Council Tax band A. Contact us today to learn more about this exciting new development. [Use Contact Agent Button] Information provided is subject to change.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is 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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