2 bed flat

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2 bed flat

Lower Mosley Street, Manchester M2
£370,000

Our Summary

  • Off plan investment opportunity

Description

This off-plan investment opportunity offers luxury living with high-end amenities, including a swimming pool, gym, bar, private cinema room, and karaoke room. The development is located in a prime investment location, with a high demand for rentals and increasing average monthly rent by 8.3% in the last two years. The apartments, ranging from one to two bedrooms, and penthouses, are available for investment with a 25% deposit required. The investment offers an estimated 6% rental return, with a Q2 2024 completion date and a 250-year leasehold. The ground rent is a low 0.1%, with a service charge estimated at £3.5 sqft, and the property is situated in Council Tax band C. With prices starting from £240,000 for a one-bedroom apartment, this development is an attractive investment opportunity for those looking to capitalize on the growing rental market.
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