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2 bedroom apartment for sale
Ducie Street
£348,500
Ducie Street
£348,500
Our Summary
- Off plan investment opportunity For Investment Purposes Only - 25% Deposit RequiredThe development holds 177 one, two and three bedroom apartments which will be spread across 25 storeys and finished to the highest standard
Description
This off-plan investment opportunity in Manchester's Piccadilly area offers a 7% yield and requires only a 25% deposit. The development consists of 177 one, two, and three-bedroom apartments across 25 storeys, with luxurious finishes and amenities such as a gym, communal garden, and work-from-home station. The apartments are designed with natural light and earthy tones in mind, making them perfect for tenants who want to feel at home. With a 250-year leasehold and a 0.1% ground rent, this investment is expected to see significant growth in value as the area undergoes major regeneration, driven by the arrival of HS2 and new residential developments. The area is also expected to see a 16.5% increase in rent prices between 2020 and 2024, making this a lucrative investment opportunity.