Flat for sale in Jutland Street, Manchester M1

£695,895
Interested in this property? Call +44 151 382 6688 * or Request Details

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Flat for sale - 3 bedrooms 3 3
Tenure:
Not available
Council tax band:
Not available

Property features

  • 7% yield
  • Experienced Management Company
  • Hands off investment
  • Off plan
  • Only 25% deposit required
  • Proven developer with excellent track record
  • Short term lets permitted
  • Stunning executive 1,2 and 3 bedroom apartments
  • UK's number one investment location
  • Unique Investment Opportunity
  • Up to 20% below Market Value

Property description

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. **information provided is subject to change**

Property info

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For more information about this property, please contact
Elite Realty Invest - Manchester, M2 on +44 151 382 6688 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Elite Realty Invest - Manchester, and do not constitute property particulars. Please contact Elite Realty Invest - Manchester for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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