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2 bed property, in Granby Row, £270,000
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2 bed flat

Granby Row, Manchester M1
£270,000
-1.8%

Price History

Initial price £275,000
Oct 12, 2024 £272,000
Dec 7, 2024 £270,000
Price Change -1.8%

Our Summary

  • Full DescriptionInvestor Opportunity | Manchester City CentreThis is an investment opportunity available to investors only, with a 30% deposit required
  • 5%• Strong professional tenant demand• Concierge service and residents’ gym• Communal courtyard and rooftop garden• Coffee lounge and workspace facilities• Walking distance to Piccadilly Station, Market Street and major retail districtsThis development represents an attractive opportunity to invest in one of the UK’s most dynamic regional cities, combining a prime location with strong rental fundamentals and long term growth potential

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Description

This high-quality residential development, designed by a leading architect and developed by one of Manchester's most active developers, is located in the heart of the city, just a minute's walk from Market Street and within the hip Northern Quarter. The scheme is designed to appeal to both renters and owner-occupiers, with exceptional rental demand and a strong resale market predicted. With a 6.5% projected yield, investors can purchase units with a 30% deposit and benefit from potential capital growth of 19.3% (Savills) during the construction phase.

The development features a range of amenities, including a gym, concierge service, and internal courtyard and rooftop garden, making it an attractive opportunity for investors. With its prime location near Piccadilly Station and shopping centers, this development is a rare and unique chance to invest in Manchester's thriving rental market.