Flat for sale in Off Plan Apartments, King St, Manchester M3

£220,000
Interested in this property? Call +44 161 506 6986 * or Request Details

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Flat for sale - 2 bedrooms

2 1 1

Tenure:
Leasehold
Time remaining on lease:
Not available
Service charge:
Not available
Ground rent:
Not available
Council tax band:
Not available

Property features

  • Minutes from the City Centre
  • Stunning Views
  • 6% Net Rental Income
  • Onsite Gymnasium & Secure Bicycle Storage
  • Private Parking Available
  • On-Site Management Office

Property description

Manchester Off Plan Apartments

These Manchester Off Plan Apartments are enviably located on the edge of Manchester city centre in the thriving area of Ancoats and New Islington, which has high tenant demand.

You'll earn 6% net rental income, which is assured for the first year, and there are no restrictions on the exit strategy.

This luxurious development will have all the advantages of being a short walk away from the local parks and independent shops of suburbia, but also close to the vibrant bars and restaurants of the city.

Being located just 0.4 miles from Manchester Piccadilly train station, the apartments benefit from spectacular city views, with the remainder facing the garden courtyard and terraces. Private balconies are available on a number of units and the addition of a private gymnasium, on-site management company and laundry facilities will make living at Manchester Off Plan easy and stress-free.

Investment Overview

• Manchester City Centre
• 6% Net Rental Income
• On-Site Gymnasium & Secure Bicycle Storage
• In an Area with High Tenant Demand
• Private Parking Available
• On-Site Management Office

Why Manchester?

Manchester’s buy-to-let market is flourishing it was named in the Top 4 Buy-to-Let Hotspots in the UK, and HSBC estimated that investors could make up to 7.98% gross yields.

The city is experiencing exponential growth, with a 19% increase in population in the last decade and an array of planned transport projects including HS2 and One North.

As a result, it’s the perfect time to capitalise on the demand for Manchester property.

Manchester Regeneration

spinningfields

The Canary Wharf of the North Spinningfields alone provides working space for over 20,000 employees and in recent years has seen the area develop further as a retail and leisure district. Revenue from retail and leisure at Spinningfields increased 400% between 2008 and 2014.

St john’s

The success of Spinningfields has inspired further growth and regeneration in central Manchester. The neighbouring area of St John’s is now set for extensive redevelopment that will further transform the area. A creative village will be established in the heart of the city.

Middlewood locks

Strategically located at the Salford gateway to Spinningfields across the River Irwell, Middlewood Locks will transform a 24- acre area, creating a new centre for connectivity, creativity and culture in the heart of the city.

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Sizes listed are approximations. Please contact the agent to verify actual sizes

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Floorplan(s): Floorplan 1

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For more information about this property, please contact
Alesco Property North Limited, M3 on +44 161 506 6986 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Alesco Property North Limited, and do not constitute property particulars. Please contact Alesco Property North Limited 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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