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2 bed property, in Hewitt Street, £240,000
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2 bed flat

Hewitt Street, Manchester M15
£240,000
-4.0%

Price History

Initial price £250,000
Dec 18, 2024 £240,000
Price Change -4.0%

Our Summary

  • Off plan investment opportunity For Investment Purposes Only - 25% Deposit Required This development is set to update the growing Manchester skyline

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Description

This brand new development in Manchester is a prime investment opportunity, offering 35 storeys of executive studios and one-bedroom apartments. The location is ideal, with walking distance to Deansgate and Manchester's main high street, boasting a range of restaurants and shops. The development is expected to yield 6% and has seen 41% capital growth over the last decade, making it an attractive option for investors.

With a growing economy and high tenant demand, prices have increased by 12% in the last year alone, and rents are expected to rise by 16.5% between 2020-2024. This is a top UK developer's latest project, offering studios and one-bedroom apartments starting from £120,000 to £180,000, making it an exciting new development for investors and homeowners alike.