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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£413,000
Added > 14 days

3 bedroom apartment for sale

Chapel Street, Manchester M3
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Apartment
3 bed
0 bath

Key information

Tenure: Leasehold | 900 yrs left
Council tax: Band A
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • Tenure: Leasehold (900 years remaining)
Exciting New Residential Development in the Heart of Manchester


We are thrilled to present a fantastic off-plan investment opportunity in the heart of Manchester, just moments away from the city’s bustling Deansgate, Spinningfields, and the best shopping, dining, and cultural attractions the city has to offer.


Full Description:


This new residential development offers an array of high-quality 1-, 2-, and 3-bedroom apartments, catering to all buyer requirements. Onsite amenities include a residents-only gym, private cinema room, stylish communal lounges, rooftop gardens offering panoramic views of the city, and the added peace of mind with a 24-hour concierge service. This development perfectly balances luxury living with convenient city access.


Investment Highlights:


Achievable returns of up to 7%

Part of Manchester’s rapidly growing economy

Completion expected Q4 2023

Developed by a trusted, established UK developer

Low ground rent of just 0.1%

250-year leasehold

Council Tax band C

Pricing:


1-bedroom apartments from £210,000

2-bedroom apartments from £300,000

2-bedroom duplex apartments from £375,000

3-bedroom apartments from £425,000

Location Overview:


Manchester continues to be the UK’s #1 investment location

High tenant demand in the area

Property prices have increased by 10% over the last year

Rental prices are forecast to increase by 15% between 2022-2026

With a ground rent of only 0.1% (subject to future review—contact us for more details) and a 250-year leasehold, this development offers excellent long-term value for investors. The service charge is estimated at £2.5 per sqft, and the properties are in Council Tax band C.


Don’t miss out on this fantastic investment opportunity—get in touch with one of our consultants today to learn more about this exciting development.

Property information from this agent

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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    Broadband availability and predicted speed

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

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    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

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