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2 bed flat
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Our Summary
- Don't Miss Out on Manchester's Premier Investment Opportunity - Call Today
- Exciting New Development in Manchester - Modern Living with 7% Yield Potential
- Full Description: This outstanding off-plan investment opportunity requires a 25% deposit and features 177 one, two, and three-bedroom apartments spread across 25 storeys, all finished to the highest standards
- This apartment represents an ideal investment opportunity, featuring a low ground rent of only 0
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Description
A new development is coming to the Manchester skyline, located in Piccadilly's latest regeneration area, offering 177 one, two, and three-bedroom apartments across 25 storeys. The apartments will feature large windows, earthy tones, and a focus on meeting the needs of modern tenants, with amenities including a work-from-home space, gym, and communal garden. The development offers a projected yield of 7% and is expected to complete in Q2 2024.
The apartments start from £191,000 for a one-bedroom, £290,000 for a two-bedroom, and £365,000 for a three-bedroom. The location is poised for growth, with increasing property values and rising rents expected, driven by the upcoming HS2 station and new residential developments. The property features a low ground rent of 0.1% and is expected to fall within Council Tax Band A, making it an attractive investment opportunity.