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1 bedroom apartment for sale
Jutland Street, Manchester M1
£205,000
Jutland Street, Manchester M1
£205,000
Our Summary
- Off plan investment opportunity
Description
This off-plan investment opportunity offers a 25% deposit requirement for a 177-unit apartment development in Ancoats, with a 7% yield. The development features luxurious one, two, and three-bedroom apartments with large windows, earthy tones, and amenities like a work-from-home station, gym, and communal garden. The area is set to undergo significant regeneration, driven by the arrival of HS2 and new residential developments, which is expected to increase property values. The investment comes with a 250-year leasehold and a 0.1% ground rent, with a service charge estimated at £3.4 per square foot. With only a small deposit required, this is an attractive opportunity for investors looking to capitalize on the area's growth potential.