1 bedroom flat for sale
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bedroom
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Property description
Off plan investment opportunity
For Investment Purposes Only - 25% Deposit Required
The development holds 177 one, two and three bedroom apartments which will be spread across 25 storeys and finished to the highest standard. Residents will have unlimited amenities just outside their doors, with a cosy work from home station, gymnasium and communal garden. With us all becoming more accustomed to spending more time at home, each apartment has been designed with the tenants core needs being in mind with luxurious large windows and earthy tones to allow a natural feel.
INVESTMENT OVERVIEW
7% yield
Only 25% deposit required
Q2 2024 completion
0.1% Ground rent
250 year leasehold
Band C council tax
1 bedroom apartments from £191,000
2 bedroom apartments from £290,000
3 bedroom apartments from £365,000
LOCATION OVERVIEW
-Regeneration is set to increase the value of Piccadilly
-Rent in Manchester are expected to see a 16.5% increase between 2020-2024
-Huge demand from potential tenants for Ancoats
In the next few years the area of Piccadilly and its surrounding areas are set to regenerate massively. The biggest factor of this is the new HS2 station that is arriving to the already running Piccadilly station. Alongside HS2 there will also be residential developments and green space growth helping the regeneration.
This apartment is the perfect investment with only a 0.1% ground rent which will be reviewed in the future (contact our team for more information), over a 250-year leasehold. The service charge is estimated at £3.4 sqft (investors will be made aware of the review date in the future) and is also predicted to be within the Council Tax band - C.
Contact us today to discuss this exciting new development with one of our consultants.[use Contact Agent Button]
*information provided is subject to change*
For Investment Purposes Only - 25% Deposit Required
The development holds 177 one, two and three bedroom apartments which will be spread across 25 storeys and finished to the highest standard. Residents will have unlimited amenities just outside their doors, with a cosy work from home station, gymnasium and communal garden. With us all becoming more accustomed to spending more time at home, each apartment has been designed with the tenants core needs being in mind with luxurious large windows and earthy tones to allow a natural feel.
INVESTMENT OVERVIEW
7% yield
Only 25% deposit required
Q2 2024 completion
0.1% Ground rent
250 year leasehold
Band C council tax
1 bedroom apartments from £191,000
2 bedroom apartments from £290,000
3 bedroom apartments from £365,000
LOCATION OVERVIEW
-Regeneration is set to increase the value of Piccadilly
-Rent in Manchester are expected to see a 16.5% increase between 2020-2024
-Huge demand from potential tenants for Ancoats
In the next few years the area of Piccadilly and its surrounding areas are set to regenerate massively. The biggest factor of this is the new HS2 station that is arriving to the already running Piccadilly station. Alongside HS2 there will also be residential developments and green space growth helping the regeneration.
This apartment is the perfect investment with only a 0.1% ground rent which will be reviewed in the future (contact our team for more information), over a 250-year leasehold. The service charge is estimated at £3.4 sqft (investors will be made aware of the review date in the future) and is also predicted to be within the Council Tax band - C.
Contact us today to discuss this exciting new development with one of our consultants.[use Contact Agent Button]
*information provided is subject to change*
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Council tax
First listed
Over a month agoMarketed by
Elite Realty Invest - Manchester Bloc 17, Marble Street Manchester M2 3AWPlacebuzz mortgage repayment calculator
Monthly repayment
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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