1 bedroom apartment for sale

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1 bedroom apartment for sale

Granby Row, Manchester M1
£199,000

Our Summary

  • 3% (Savills) during the construction phase of the project giving investors the opportunity to purchase at today's prices with potential for significant capital growth before completion

Description

This high-quality residential development in Manchester's Northern Quarter offers investors a rare and unique opportunity to capitalize on the city's booming rental market. With a projected 6.5% yield, the scheme is designed to appeal to both renters and owner-occupiers, with exceptional rental demand and strong resale market potential. The development is located just one minute's walk from Market Street, Manchester's main shopping street, and is within walking distance to Piccadilly Station, Piccadilly Gardens, and the Arndale Shopping Centre. With a contemporary specification, concierge service, gymnasium, and shared courtyard and rooftop garden areas, this development is set to be a highly sought-after address. Local property prices are predicted to rise by 19.3% during the construction phase, making this a prime opportunity for investors to purchase at today's prices with potential for significant capital growth before completion.
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