1 bedroom apartment for sale

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1 bedroom apartment for sale

Merchants Wharf, Manchester
£200,000

Our Summary

  • Now a thriving residential area undergoing significant investment and regeneration, the development offers much-needed high-quality homes

Description

This luxury apartment, located in a historic area undergoing regeneration, offers immediate rental income and is suitable for both buy-to-let investors and owner-occupiers. With a south-facing aspect, walk-in wardrobe, and high-end finishes, it provides a comfortable living space. Situated near MediaCityUK, Deansgate, and Spinningfields, it's ideal for young professionals working in the area. The apartment is part of a £475 million development by Legacie, winner of Property Developer of the Year 2023, which has already delivered £30 million in returns to investors. Investors can earn a net rental yield of 6.5% and a projected capital growth of 28.8% over five years, making it an attractive investment opportunity.