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Studio for sale
Hewitt Street
£120,000
Hewitt Street
£120,000
Our Summary
- Off plan investment opportunity For Investment Purposes Only - 25% Deposit Required This development is set to update the growing Manchester skyline
Description
This brand new development in Manchester is an off-plan investment opportunity offering 35 storeys of executive studio and one-bedroom apartments. The property is strategically located within walking distance of Deansgate and Manchester's main high street, providing access to a range of restaurants, shops, and amenities. The development offers a 6% average yield and 41% capital growth over the last decade, making it an attractive investment opportunity. The property is situated in the UK's number one investment location, with high tenant demand and prices expected to increase by 12% in the next year alone. The development offers studio apartments starting at £120,000 and one-bedroom apartments starting at £160,000, with the potential for 16.5% rent increases between 2020-2024.