2 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold (900 years remaining)
A brand-new, dynamic development is coming to Manchester, ideally located in the heart of Piccadilly’s latest regeneration area. Designed with the modern tenant's needs at its core, this development offers an exciting opportunity in one of the city's most rapidly developing districts.
Full Description:
This off-plan investment opportunity features 177 one-, two-, and three-bedroom apartments spread across 25 storeys, each finished to the highest standard. The development provides a range of on-site amenities, including a work-from-home station, gymnasium, and communal garden. With modern living increasingly centered around home life, each apartment has been thoughtfully designed with spacious layouts, large windows, and natural earthy tones to create a calming, contemporary atmosphere.
Investment Overview:
7% anticipated yield
Only a 25% deposit required
Completion expected by Q2 2024
Ground rent of just 0.1% (subject to future review)
250-year leasehold
Council Tax band A
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 property values
Rental prices in Manchester are forecast to rise by 16.5% from 2020 to 2024
High demand from tenants in Ancoats
The new HS2 station at Piccadilly will play a major role in boosting the area’s development, alongside new residential projects and green spaces.
This development offers a fantastic investment opportunity with just 0.1% ground rent, which will be reviewed in the future. The service charge is estimated at £3.4 per sqft, and the property is in Council Tax band A.
Contact us today to learn more about this exciting new development. [Use Contact Agent Button]
Information provided is subject to change.
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Property reference 33302425. 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 February 7, 2022
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
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Mobile phone signal availability and predicted strength
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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
Energy Performance data and Internal floor area
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