Introducing a New Landmark Development in the Heart of Manchester City Centre We are thrilled to present our latest development, located in the vibrant heart of Manchester City Centre. This impressive 40-storey tower will feature one- and two-bedroom apartments, all finished to the highest standards of quality. Full This exceptional new development offers residents a luxurious living experience, with every apartment designed and finished to the highest specification. The tower will offer a selection of penthouses, one-bedroom, and two-bedroom apartments, all available for investment. Exclusive amenities will be available to residents, including a swimming pool, gym, bar, private cinema room, and a karaoke room. Additionally, with an abundance of restaurants and shops just steps away, convenience and lifestyle come together perfectly. Investment Highlights: Estimated rental return of 6%Completion expected by Q2 2024Up to 20% below market valueGround rent of just 0.1% (subject to future review—contact us for more details)250-year leaseholdCouncil Tax Band C Pricing: 1-bedroom apartments from £240,0002-bedroom apartments from £350,0001-bedroom penthouses from £300,0002-bedroom penthouses from £400,000 Location Overview: Ranked as the #1 investment location in the UKAverage monthly rent has increased by 8.3% over the last two yearsHigh tenant demand in the areaNew office developments bringing 15,500 new jobsWith a low ground rent of just 0.1% and a 250-year leasehold, this development offers a superb investment opportunity. The service charge is estimated at £3.5 per sqft, and the property falls under Council Tax Band C. Contact us today to learn more about this exciting new development from one of our expert consultants. [Use Contact Agent Button] Information provided is subject to change.
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.
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Elite Realty Invest - Manchester. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Elite Realty Invest - Manchester for full details and further information.