2 bedroom apartment for sale

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2 bedroom apartment for sale

Lower Mosley Street
£360,000

Our Summary

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

Description

This off-plan investment opportunity offers luxury living in a development with high-end finishes, featuring penthouses, one-bedroom, and two-bedroom apartments. Residents will have access to exclusive amenities such as a swimming pool, gym, bar, private cinema room, and karaoke room. The development is located in a prime area with high tenant demand, new office developments, and an 8.3% increase in average monthly rent over the past two years. With an estimated 6% rental return, Q2 2024 completion, and prices starting from £240,000 for one-bedroom apartments, this is an attractive investment opportunity. The leasehold tenure comes with a 0.1% ground rent and a 250-year leasehold, with a service charge estimated at £3.5 sqft. The development is expected to be within Council Tax band C, making it an excellent investment choice.
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