1 bedroom apartment for sale

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1 bedroom apartment for sale

Manchester M2
£240,000

Our Summary

  • Off plan investment opportunity - almost complete
  • For Investment Purposes Only - 25% Deposit RequiredThis development gives residents the luxury living experience

Description

This off-plan investment opportunity offers luxurious living in a high-end development with penthouses, one-bedroom, and two-bedroom apartments. The development features exclusive amenities such as a swimming pool, gym, bar, private cinema room, and karaoke room. With an estimated 6% rental return and completion in Q2 2024, investors can expect a strong return on their investment. The apartments are available at a discounted price, with one-bedroom units starting at £240,000 and two-bedroom units at £350,000. The development is located in a prime investment location, with high tenant demand and increasing average monthly rent. The leasehold agreement offers a 250-year lease with a 0.1% ground rent, which will be reviewed in the future. With a service charge estimated at £3.5 sqft and a Council Tax band of C, this apartment is an attractive investment opportunity for those looking to capitalize on the growing rental market.
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