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Studio, in Gloucester Street, £118,950
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Gloucester Street
£118,950

Our Summary

  • Off plan investment opportunity For Investment Purposes Only Built up of 353 luxury studio apartments right in the heart of the vibrant city

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Description

We are thrilled to announce the launch of a brand new development in Manchester, offering an off-plan investment opportunity for investors. The development comprises 353 luxury studio apartments, situated in the heart of the vibrant city, with easy access to a range of amenities, including a gym, communal area, rooftop garden, and excellent transport links. The location is ideal for young professionals, just a 10-minute walk from the city's attractions.

The investment highlights include a 7% net guaranteed return for five years, zero ground rent, and a Q4 2024 completion date. The development is situated in the UK's number one investment location, with high tenant demand, and prices have increased by 12% in the last year alone. Rents in Manchester are expected to see a 16.5% increase between 2020-2024, making this an attractive investment opportunity.