We are thrilled to announce our latest development situated 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. Full DescriptionWe are excited to introduce our latest development in the centre of Manchester City. The striking 40-storey tower will comprise one and two-bedroom apartments, crafted with top-quality finishes. This off-plan investment opportunity is available for investment purposes only, requiring a 25% deposit. The development promises a luxurious living experience, featuring penthouses, one-bedroom, and two-bedroom apartments, catering to all investors. Residents will enjoy exclusive access to a wealth of opulent amenities, including a swimming pool, gym, bar, private cinema room, and karaoke room. With a plethora of restaurants and shops right on their doorstep, convenience is at their fingertips. Investment Overview: Estimated rental return of 6% Completion slated for Q2 2024 Up to 20% below market value Ground rent of just 0.1% 250-year leasehold Band C council tax Prices starting from: One-bedroom apartments from £240,000Two-bedroom apartments from £350,000One-bedroom penthouses from £300,000Two-bedroom penthouses from £400,000 Location Overview: Ranked as the UK's number one investment locationAverage monthly rent has increased by 8.3% over the last two yearsHigh demand for tenantsNew office developments anticipated to create 15,500 new jobsThis apartment represents a perfect investment opportunity, featuring a minimal 0.1% ground rent (subject to future review) and a 250-year leasehold. The estimated service charge is £3.5 per square foot, and it is predicted to fall within council tax band C. Contact us today to explore this exciting new development with one of our consultants. [Use Contact Agent Button Please note that the 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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