1 bedroom apartment for sale

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1 bedroom apartment for sale

Skerton Road
£160,000

Our Summary

  • Off plan investment opportunity For Investment Purposes Only - 25% Deposit RequiredEvery apartment is designed to have a clean, modern feel, setting them apart from other nearby developments with a sense of luxury that cannot be found elsewhere in the area

Description

This luxurious new development offers a contemporary and spacious living experience with a focus on clean, modern design. Each apartment boasts high-quality kitchens and bathrooms, and features bright, open-plan living areas and bedrooms, enhancing the sense of freedom and expression. Residents will enjoy stunning views over Seymour Park, with many apartments offering private balconies and select units featuring exclusive roof terraces. The investment aspect is attractive, with a 25% deposit required, and the development is situated in a fast-growing economy with excellent transport links and proximity to Manchester, the UK's top investment location. The property market in Manchester has shown robust growth, with prices and rents increasing significantly in the last year. The apartments come with a 250-year leasehold, competitive ground rent, and are expected to be within Council Tax band - A, making them an ideal investment opportunity. With a predicted 16.5% increase in rents between 2020-2024, this development is poised to be a valuable addition to any investment portfolio, with a projected service charge of £1.81 per square foot and a review date for both the service charge and ground rent to be communicated upon purchase. The development is slated for completion in Q4 2023 and offers a unique blend of luxury living and investment potential.
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