2 bedroom apartment for sale

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2 bedroom apartment for sale

Ducie Street
£350,000

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 offers 177 one, two, and three-bedroom apartments spread across 25 storeys, with unlimited amenities nearby, including a cozy work-from-home station, gym, and communal garden. The apartments have been designed with tenants' needs in mind, featuring large windows and earthy tones to create a natural feel. The investment opportunity offers a 7% yield, with only a 25% deposit required, and completion is expected in Q2 2024. The location is set to undergo significant regeneration in the coming years, with a new HS2 station and residential developments, leading to an expected 16.5% increase in rent in Manchester between 2020 and 2024. The apartment is a 250-year leasehold with a ground rent of 0.1% and a predicted Council Tax band of A.
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