Lower Mosley Street

GBP 318,000
For Sale

Property Details

Bedrooms

2

Bathrooms

2

Property Type

Apartment

Description

Property Details: - Type: Apartment - Bedrooms: 2 - Bathrooms: 2

Agent: Elite Realty Invest - Liverpool Phone: 0151 382 6947

<br /><p>We are excited to announce our latest development situated in the vibrant heart of Manchester City Centre. This remarkable 40-storey tower will feature one and two-bedroom apartments, all crafted to the highest quality standards.</p><p><br /></p><p>Full Description:</p><p><br /></p><p>We are thrilled to present our newest development located in the centre of Manchester City. This striking 40-storey tower will house one and two-bedroom apartments, designed with excellence in mind.</p><p><br /></p><p>This off-plan investment opportunity is available exclusively for investment purposes, requiring a 25% deposit. Residents will experience luxurious living, with high-end finishes throughout. The development will include penthouses, one-bedroom, and two-bedroom apartments tailored for investors. Residents will benefit from exclusive access to a range of premium amenities, including a swimming pool, gym, bar, private cinema, and karaoke room. With an abundance of restaurants and shops just steps away, convenience is at their doorstep.</p><p><br /></p><p>Investment Overview:</p><p><br /></p><p>Estimated rental return of 6%</p><p>Completion scheduled for Q2 2024</p><p>Up to 20% below market value</p><p>Ground rent of only 0.1%</p><p>250-year leasehold</p><p>Band C council tax</p><p><br /></p><p>Pricing starts at:</p><p><br /></p><p>One-bedroom apartments from £240,000</p><p>Two-bedroom apartments from £350,000</p><p>One-bedroom penthouses from £300,000</p><p>Two-bedroom penthouses from £400,000</p><p><br /></p><p>Location Overview:</p><p><br /></p><p>Ranked as the UK's top investment location</p><p>Average monthly rent has risen by 8.3% in the past two years</p><p>High tenant demand</p><p>New office developments expected to create 15,500 new jobs</p><p>This apartment represents a fantastic investment opportunity, with a minimal ground rent of 0.1% (to be reviewed in the future). The 250-year leasehold and an estimated service charge of £3.5 per square foot make this an attractive prospect. This property is also projected to fall within council tax band C.</p><p><br /></p><p>Contact us today to learn more about this exciting new development and how it can benefit your investment portfolio. </p><p><br /></p><p>Please note that all information provided is subject to change.</p>

Location

Address

Lower Mosley Street

City

N/A

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