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3 bedroom apartment for sale

Chapel Street, Manchester M3
Apartment
3 beds
Added > 14 days

Key information

TenureLeasehold | 900 yrs left
Council taxBand A

Features and description

  • 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

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About this agent

Elite Realty Invest - Manchester
Elite Realty Invest - Manchester
Bloc 17, Marble Street Manchester M2 3AW
0151 382 1682
Full profileProperty listings
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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