No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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£240,000
Added < 7 days

2 bedroom apartment for sale

Manchester M50
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Apartment
2 bed
2 bath

Key information

Tenure: Ask agent
Council tax: Ask agent
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
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Property description & features

  • 10%+ returns
  • 31% rental market size of the city population
  • 41% capital growth over the last decade
  • Average 6% yield for Manchester
  • Proven developer with excellent track record
  • Short term lets permitted
  • Stunning Location
  • UK's number one investment location
  • Up to 20% below Market Value
Off plan investment opportunity

For Investment Purposes Only - 25% Deposit Required

The brand-new development is spread over multiple towers that are set to take the skyline to the next level, through it's selection of premium one, two and three-bedroom apartments. Each of the stunning apartments will be designed to the best standard, providing all residents with a luxury modern living experience.

INVESTMENT OVERVIEW

41% capital growth over the last decade
31% rental market size of the city population
Average 6% yield for Manchester
10%+ returns
999 Tenure leasehold
Council tax band - B

1 bedroom apartments from £150,000
2 bedroom apartments from £200,000
Penthouses from £270,000

LOCATION OVERVIEW

This development will be a fantastic addition to this already thriving area. Located next too MediaCityUK, an iconic modern hub that is home to world-class corporations such as BBC and ITV studios.

This apartment is the perfect investment with a 999-year tenure leasehold. The service charge is estimated at £1.88 sqft (investors will be made aware of the review date in the future) and is also predicted to be within the Council Tax band - B.

Contact us today to discuss this exciting new development with one of our consultants.[use Contact Agent Button]

*Information included is subject to change*

Places of interest

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    Manchester property market is enjoying steady growth, thanks the swift increase of the cities population and backlog from several years of a lack of housing supply. ​ With JLL,one of the UK's largest property investment experts, projecting rental increases of 4.2% across Manchester over the coming 5 years and the city becoming home to one of the highest proportions of private renters in the UK (at 26.68%). ​ Manchester offers solid credentials as one of the most promising buy to let locations in the UK.

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    *DISCLAIMER

    Property reference RS2901.09. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Elite Realty Invest - Manchester.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.