Flat for sale in Silvercroft Street, Manchester M15

£480,602
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
  • Full management company in place
  • Hands off investment
  • Integrated Appliances
  • Off plan
  • Only 25% deposit required
  • Proven developer with excellent track record
  • Short term lets permitted
  • Stunning executive 1,2 and 3 bedroom apartments
  • Transport links
  • 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

Manchester's newest icon on the skyline boasts a luxury living aesthetic like no other. The cylindrical design will offer breath-taking views of Manchester, with a panoramic experience in every apartment. The development has been designed with the resident in mind to deliver an unmatched quality of living at what is already becoming one of the most in-demand postcodes in Manchester.

Investment Overview

20% down payment
441 premium 1,2 and 3 bed apartments
Estimated 6% gross yield
0.01% Ground rent
950-year tenure leasehold
Council tax band - D

1 bedroom apartments from £230,000
2 bedroom apartments from £300,000
3 bedroom apartments from £500,000


Location overview


- UK's no1 Investment location
- High tenant demand
- Prices have increased by 12% in the last year alone
- Rents in Manchester are expected to see a 16.5% increase between 2020-2024

This apartment is the perfect investment with a 950-year tenure leasehold. The service charge is estimated at £2.75 sqft (investors will be made aware of the review date in the future) with the ground rent estimated to be 0.01%, you will be informed of the review period on purchase. It is also predicted to be within the Council Tax band - D.

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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