1 bedroom flat for sale

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1 bedroom flat for sale

Lower Mosley Street, Manchester M2
£260,000

Our Summary

  • Off plan investment opportunity

Description

This off-plan investment opportunity offers luxury living experiences with penthouses, one and two bedroom apartments, and exclusive access to opulent amenities like a swimming pool, gym, bar, private cinema room, and karaoke room. The development is estimated to provide a 6% rental return, with Q2 2024 completion and up to 20% below market value. The leasehold is 250 years, with a ground rent of 0.1% that will be reviewed in the future. The location is considered the number one investment location in the UK, with high tenant demand and new office developments bringing 15,500 new jobs. The service charge is estimated at £3.5 sqft, and the Council Tax band is predicted to be within band C. Contact the consultants today to discuss this exciting new development.
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