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Manchester, Lower Mosley Street
Price £230,000
1 Bedroom Apartment
We are delighted to introduce our latest development located in the heart of Manchester City Centre. The stunning 40 storey tower will hold one and two-bedroom apartments, finished to the highest quality.
Full Description
Introducing Our Latest Development in Manchester City Centre!
We are excited to present our newest development located in the vibrant heart of Manchester City Centre. This stunning 40-storey tower will feature one and two-bedroom apartments, all finished to the highest quality standards.
Investment Opportunity
This development requires a 25% deposit and is available for investment purposes only. Residents will enjoy a luxury living experience with access to exclusive amenities, including a swimming pool, gym, bar, private cinema, and karaoke room. Additionally, a wide array of restaurants and shops will be right at their doorstep.
Investment Overview:
-Estimated 6% rental return
-Prices up to 20% below market value
-Ground rent: 0.1%
-250-year leasehold (contact us for more details)
-Council tax band: C
Pricing:
-One-bedroom apartments from £230,000
-Two-bedroom apartments from £350,000
-One-bedroom penthouses from £300,000
-Two-bedroom penthouses from £400,000
Location Overview:
-Ranked as the number one investment location in the UK
-Average monthly rent has risen by 8.3% over the last two years
-High demand from tenants
-New office developments expected to create 15,500 new jobs
-This apartment represents an ideal investment opportunity, with a minimal ground rent of just 0.1%, which will be reviewed in the future (please contact our team for more information). The estimated service charge is £3.50 per square foot (with future review dates to be communicated), and the property is expected to fall within Council Tax band C.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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