1 bed flat

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1 bed flat

Hands Off Investment, Castle Street, Deansgate, Manchester M3
£159,995

Our Summary

  • Right next to Deansgate’s train and tram stations rests this new build investment opportunity with student studio apartments from £120,000

Description

The M3 Hands Off Investment, M955 is a newly built development offering luxury studio apartments in the prime city centre location of Deansgate, Manchester. This investment opportunity is ideal for students, providing modern living spaces close to two major universities, The University of Manchester and Manchester Metropolitan University. The development boasts a 6% rental return, with prices starting from £120,000 and a minimum rental income of £10,679. The property is designed to cater to the needs of students of all levels, with communal spaces that encourage social and collaborative interactions. The studios offer stunning views of the city, including Salford Quays and Trafford, and are conveniently located a short drive or walk from the universities. Investors are attracted to Manchester due to its competitive property prices, high rental yields, and strong capital growth projections. The city's large student population, now exceeding 96,000, creates a consistent demand for quality student accommodation, particularly from international students. Deansgate's location, near the city's main educational institutions and a plethora of amenities, makes it a highly desirable area for students. The M955 development is well-positioned to capitalize on this demand, offering a modern living solution that appeals to both local and international students. With a strong investment profile and the potential for significant capital appreciation, the M3 Hands Off Investment, M955 represents a compelling opportunity for investors in the Manchester property market.
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