1 bedroom flat for sale

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1 bedroom flat for sale

Blackfriars Street
£220,000

Our Summary

  • Off plan investment opportunity For Investment Purposes Only - 25% Deposit RequiredThere is a mixture of 1-, 2- and 3-bedroom apartments to suit the needs of all potential buyers, and onsite facilities such as a residence only gymnasium, private Cinema room, breakout areas, rooftop gardens with spectacular city centre views, and the added security of a 24-hour concierge

Description

This off-plan investment opportunity in Manchester offers a range of apartments with 1, 2, and 3 bedrooms, as well as various amenities such as a gym, cinema room, and rooftop gardens with city views. The development is designed to provide a high return on investment, with projected returns of 7% per annum. The apartments are leasehold with a 250-year term and a ground rent of 0.1%, which is expected to be reviewed in the future. The location is considered the UK's top investment location, with high tenant demand and rising property prices and rents. The service charge is estimated at £2.7 per square foot, and the property is within Council Tax band C. This investment opportunity is ideal for those looking to capitalize on the growing economy and increasing demand for rental properties in Manchester.
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