3 bedroom apartment for sale

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3 bedroom apartment for sale

Apartment 243, Middlewood Street
£267,000

Our Summary

  • Full Description: This off-plan investment opportunity requires a 25% deposit and features a selection of one, two, and three-bedroom apartments, as well as luxury duplex apartments

Description

Our new residential development in Manchester offers 183 apartments across 23 floors, thoughtfully designed to meet the needs of all residents. The off-plan investment opportunity requires a 25% deposit and features a range of one, two, and three-bedroom apartments, as well as luxury duplex apartments. Located in a promising area, the development aims to create a harmonious environment for residents to live and work. With the rise of remote working, the demand for a balanced work-from-home lifestyle is increasing, making this development an attractive investment opportunity. With a ground rent of 0.1%, a 250-year lease, and market value up to 20% below current rates, prices start from £250,000 for two-bedroom apartments and £290,000 for three-bedroom apartments. The location is considered the UK's number one investment location, with high tenant demand, prices increasing by 12% in the last year, and expected rental growth of 16.5% between 2020 and 2024.