Elizabeth Tower, Manchester M15 1 bed apartment for sale

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Elizabeth Tower, Manchester M15 1 bed apartment for sale

Elizabeth Tower, Manchester M15
£287,500

Our Summary

  • 30/quarter· Ground Rent: £318/year· Lease: 992 years remaining· Council Tax: Band C | EPC: BInvestment Potential· AST rental: £1,575 pcm (approx
  • 5% yield)· Potential for higher incomeWhy Buy

Description

This ready-to-move 1-bedroom, 1-bathroom apartment on the 8th floor of the highly sought-after Elizabeth Tower is a fantastic opportunity for both buy-to-let investors and residential owners. With a modern open-plan living space, floor-to-ceiling windows, and integrated appliances, this 605 sq ft apartment offers a sleek and high-spec finish. The property comes with a range of luxury 5-star amenities, including a 44th-floor sky pool and gym, residents' lounge, dining and co-working spaces, and two sky garden terraces with panoramic views. The apartment is vacant from October and is priced at £287,500, below recent sold prices of £295,000 and £310,000. With a service charge of £521.30 per quarter and a ground rent of £318 per year, this property offers a potential gross yield of 6.52%. With a lease of 992 years remaining, this is a fantastic opportunity for investors and homeowners alike.