Flat for sale in Chapel Street, Manchester M3

Description

Off plan investment opportunity

For Investment Purposes Only - 25% Deposit Required

There is a mixture of 1-, 2- and 3-bedroom apartments to suit the needs of all potential buyers, and onsite facilities such as a residence only gymnasium, private Cinema room, breakout areas, rooftop gardens with spectacular city centre views, and the added security of a 24-hour concierge.

Investment Overview

7% returns achievable
Fast growing economy
Q3 2022 competition date
Top UK developer
0.1% Ground rent
250-year Leasehold
Council tax band A

1 bedroom apartments from £200,000
2 bedroom apartments from £290,000
2 bedroom duplex apartments from £350,000
2 bedroom penthouse duplex apartments from £390,000
3 bedroom apartments from £400,000

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 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 £2.7 sqft (investors will be made aware of the review date in the future) and is also predicted to be within the Council Tax band - A.

Contact us today to discuss this exciting new development with one of our consultants. **Information included is subject to change**