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2 Bed Flat, Manchester, M1 2JQ £300,500

66 Ducie Street, Manchester, M1 2JQ - a year ago
  1. Deal Search
  2. Manchester
  3. M1
  4. M1 2JQ
Leasehold
B2SA
ROI: 22%
~68 m²

ValuationOvervalued

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Links

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Property History

Listed for £300,500

October 4, 2024

Description

  • Transform Your Investment Portfolio with a New Development in Manchester's Skyline! Stunning apartments in Piccadilly's vibrant regeneration area with high rental yields! +
  • Exciting New Development in Manchester - Modern Living with 7% Yield Potential! Invest in one, two, or three-bedroom apartments designed for the modern tenant. +
  • Manchester's Future Awaits - Invest in Stylish Apartments in Piccadilly! Secure your place in this transformative development with low deposit options! +
  • Don't Miss Out on Manchester's Premier Investment Opportunity - Call Today! Luxury living with communal amenities and a focus on tenant comfort in a booming area! +
  • Secure Your Spot in Manchester's Thriving Piccadilly - New Apartments Available! Enjoy modern design, fantastic amenities, and strong rental demand in this growing community! +

Exciting New Development Set to Transform the Manchester Skyline

A vibrant new development is on the way to enhance the Manchester skyline, ideally located in Piccadilly's latest regeneration area, with a focus on meeting the needs of modern tenants.

Full Description:

This outstanding off-plan investment opportunity requires a 25% deposit and features 177 one, two, and three-bedroom apartments spread across 25 storeys, all finished to the highest standards. Residents will enjoy a wealth of amenities right at their doorstep, including a comfortable work-from-home space, a gym, and a communal garden. Recognising the increasing time spent at home, each apartment is designed with tenants' needs in mind, featuring large windows and earthy tones for a natural and inviting atmosphere.

Investment Overview:

Projected Yield: 7%
Completion Date: Q2 2024
Ground Rent: 0.1%
Leasehold: 250 years
Council Tax Band: A

Prices start from:

1-Bedroom Apartments: £191,000
2-Bedroom Apartments: £290,000
3-Bedroom Apartments: £365,000

Location Overview:

The regeneration of Piccadilly is poised to significantly increase property values. Manchester rents are anticipated to rise by 16.5% between 2020 and 2024, with strong demand for rental properties in Ancoats. The upcoming HS2 station at Piccadilly will be a key factor in this growth, alongside new residential developments and the creation of green spaces.

This apartment represents an ideal investment opportunity, featuring a low ground rent of only 0.1%, subject to future review (please contact our team for more details). The estimated service charge is £3.40 per sqft, and the property is expected to fall within Council Tax Band A.

Contact us today to discuss this exciting new development with one of our consultants. Please note: Information provided is subject to change.

Agent Details

Elite Realty Invest, Liverpool

0151 453 2241

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Links

  • More Deals in Manchester
  • More Deals in M1
  • More B2SA Deals
  • More B2SA Deals in Manchester
  • More B2SA Deals in M1

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