Introducing a Landmark Development in Manchester: A Stunning 25-Storey Tower This exceptional 25-storey tower is poised to become one of the most luxurious additions to the Manchester skyline, offering impeccably designed one- and two-bedroom apartments finished to the highest standards. Full This striking new development will provide residents with an unparalleled luxury living experience. Featuring an array of meticulously crafted one-bedroom and two-bedroom apartments, including exquisite penthouses, all units are designed to the highest specification. The development also boasts exclusive amenities such as a swimming pool, state-of-the-art gym, stylish bar, private cinema room, and a karaoke room. Residents will enjoy the convenience of having a wide variety of restaurants and shops right on their doorstep. Investment Highlights: Estimated rental return of 6%Completion expected by Q2 2024Up to 20% below market value0.1% ground rent (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 penthouse from £300,0002-bedroom penthouse from £400,000 Location Overview: Ranked as the #1 investment location in the UKAverage monthly rent has increased by 8.3% over the past two yearsHigh tenant demand in the areaNew office developments bringing 15,500 new jobsWith a low ground rent of only 0.1% (to be reviewed in the future), and a 250-year leasehold, this development presents an excellent investment opportunity. The service charge is estimated at £3.5 per sqft, and properties fall under Council Tax band C. Contact us today to discuss this exciting development with one of our consultants. [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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