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 > 14 days

1 bedroom apartment for sale

Lower Mosley Street, Manchester M2
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Apartment
1 bed
1 bath

Key information

Tenure: Leasehold | 900 yrs left
Council tax: Band B
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
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Property description & features

  • Tenure: Leasehold (900 years remaining)
We are delighted to introduce our latest development located in the heart of Manchester City Centre. The stunning 40 storey tower will hold one and two bedroom apartments finished to the highest quality.

Full Description - We are delighted to introduce our latest development located in the heart of Manchester City Centre. The stunning 40 storey tower will hold one and two bedroom apartments finished to the highest quality.
Off plan investment opportunity For Investment Purposes Only - 25% Deposit Required This development gives residents the luxury living experience. Finished to a high end standard, the development will have penthouses, one bedroom and two bedroom apartments on offer for all investors. All the residents will have exclusive access to opulance amenities like a swimming pool, gym, bar, private cinema room and karaoke room. Residents will have an unlimited amount of restaurants and shops on their door step. INVESTMENT OVERVIEW Estimated 6% rental return Q2 2024 completion Up to 20% below Market Value 0.1% Ground rent 250-year Leasehold - Contact us for more details Band C Council tax 1 bedroom apartments from ?240,000 2 bedroom apartments from ?350,000 1 bedroom penthouse from ?300,000 2 bedroom penthouse from ?400,000 LOCATION OVERVIEW - No1 investment location in the UK - The average monthly rent has increased by 8.3% in the last two years - High tenant demand - New office developments bringing 15,500 new jobs This apartment is the perfect investment with only a 0.1% ground rent which will be reviewed in the future (contact our team for more information), over a 250-year leasehold. The service charge is estimated at ?3.5 sqft (investors will be made aware of the review date in the future) and is also predicted to be within the Council Tax band – C. Contact us today to discuss this exciting new development with one of our consultants.[use Contact Agent Button] *information provided is subject to change*

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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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    Basic: Up to 30 Mbit/s
    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
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    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

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