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2 bedroom apartment for sale
Manchester M2
£400,000
Manchester M2
£400,000
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 with high-end finishes, penthouses, one-bedroom, and two-bedroom apartments available for investors. The development boasts exclusive amenities such as a swimming pool, gym, bar, private cinema room, and karaoke room. With an estimated 6% rental return, Q2 2024 completion, and prices up to 20% below market value, this investment presents a compelling opportunity. The location is highly sought after, with high tenant demand and new office developments bringing 15,500 new jobs to the area. The leasehold is for 250 years, with a 0.1% ground rent and estimated service charge of £3.5 sqft. The property is situated in a Council Tax band C area, making it an attractive investment opportunity for those looking to generate rental income.