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2 bed flat
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Our Summary
- Off plan investment opportunity For Investment Purposes Only - 25% Deposit Required The development holds 177 one, two and three bedroom apartments which will be spread across 25 storeys and finished to the highest standard
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Description
A brand new development is coming to Manchester's Piccadilly area, offering a unique investment opportunity with a 7% yield. The 25-storey building will feature 177 one, two, and three-bedroom apartments, each designed with modern tenants' needs in mind, including large windows and earthy tones. Residents will have access to unlimited amenities, including a work-from-home station, gym, and communal garden.
The development is situated in a regeneration area, set to benefit from the new HS2 station and residential developments, with rent in Manchester expected to increase by 16.5% between 2020-2024. With a 0.1% ground rent and a 250-year leasehold, this investment offers a stable and lucrative opportunity. Investors can secure their property with a 25% deposit, with completion expected in Q2 2024.