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2 Bed Flat, Manchester, M1 2JQ £300,000

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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Property History

Listed for £300,000

October 4, 2024

Description

An Exciting New Development in Manchester's Skyline

A vibrant and modern development is set to transform Manchester's skyline, ideally located in Piccadilly's newest regeneration zone. Designed with modern living at its core, this development perfectly caters to tenant needs, offering a blend of luxury and practicality.

Full Description

This off-plan investment opportunity features 177 meticulously designed one-, two-, and three-bedroom apartments spread across 25 storeys. Finished to the highest standards, each apartment boasts luxurious large windows and earthy tones to create a natural and serene ambiance.

Residents will enjoy access to a range of top-tier amenities, including a cosy work-from-home station, a gymnasium, and a communal garden-ideal for today's lifestyle where home and work often blend seamlessly.

Investment Overview

7% Yield
25% Deposit Required
Completion by Q2 2024
0.1% Ground Rent
250-Year Leasehold
Council Tax Band A
Apartment Prices:

1-bedroom from £191,000
2-bedroom from £290,000
3-bedroom from £365,000

Location Highlights

Piccadilly is undergoing massive regeneration, significantly increasing property value. The area will benefit from the new HS2 station at Piccadilly, enhanced residential developments, and expanded green spaces. With Manchester rents projected to rise by 16.5% between 2020 and 2024, demand for high-quality housing in this area is soaring.

Why Invest?

This development combines a prime location, exceptional design, and a high-yielding investment opportunity. Ground rent is a low 0.1%, and the service charge is estimated at £3.4 per sqft. With a 250-year leasehold, this is a secure and future-proof investment in one of Manchester's most promising districts.

Contact us today to explore this opportunity further and secure your place in this iconic new development. Information 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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