2 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold (900 years remaining)
We are pleased to announce the launch of this brand-new development, located in the heart of Manchester’s most significant regeneration zone.
Full Description:
This off-plan investment opportunity features 177 one-, two-, and three-bedroom apartments, spread across 25 storeys and finished to the highest standards. Designed with modern living in mind, each apartment offers spacious layouts, large windows, and a natural, calming aesthetic with earthy tones.
Residents will enjoy easy access to a range of amenities, including a work-from-home station, gym, and communal garden. As more of us spend time at home, these thoughtfully designed apartments offer a perfect blend of luxury and functionality.
Investment Overview:
7% anticipated rental yield
Only a 25% deposit required
Completion expected in Q2 2024
Ground rent of just 0.1% (subject to review)
250-year leasehold
Council Tax band C
Pricing:
1-bedroom apartments from £191,000
2-bedroom apartments from £290,000
3-bedroom apartments from £365,000
Location Overview:
The regeneration of Piccadilly is expected to significantly increase the area’s value
Rents in Manchester are forecast to rise by 16.5% from 2020-2024
High demand for rental properties in Ancoats
The upcoming HS2 station will be a key factor in the area's transformation, alongside new residential developments and green space growth
This development offers an outstanding investment opportunity, with only 0.1% ground rent (reviewed in the future). The service charge is estimated at £3.4 per sqft, and the property is located in 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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Property reference 33302737. 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.
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Broadband availability and predicted speed: obtained from Ofcom on December 16, 2021
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: obtained from Ofcom on December 21, 2021
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
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