Map3 bedroom flat for sale
Blackfriars Street, Manchester M3
Flat
3 beds
2 baths
Key information
Tenure: Leasehold | 900 yrs left
Council tax: Band B
Features and description
- Tenure: Leasehold (900 years remaining)
Property Features
This spacious 3-bedroom apartment offers contemporary living at its finest. With an open-plan layout and floor-to-ceiling windows, the property is flooded with natural light, creating a welcoming and airy atmosphere. Each room has been thoughtfully designed to maximise comfort and functionality, making it ideal for modern living.
Highlights Include:
Living Area: A spacious open-plan living and dining area, perfect for entertaining or relaxing.
Kitchen: Fully fitted with high-spec appliances, sleek cabinetry, and ample storage.
Bedrooms: Three generously sized bedrooms, including a luxurious master suite with an en-suite bathroom.
Bathrooms: Modern bathroom suites with high-quality fixtures and fittings.
Balcony: A private balcony offering stunning views of the city skyline.
This development also features premium on-site amenities, including a state-of-the-art gym, a rooftop terrace, and 24-hour concierge service, enhancing the lifestyle appeal of the property.
Investment Highlights
Rental Yield: Estimated at 6-7% NET annually
Capital Growth: Manchester is forecast to see property price increases of up to 24% by 2025 (Savills).
Strong Tenant Demand: Manchester has one of the highest rental demands in the UK, driven by a growing population of young professionals and students.
Regeneration Hotspot: The property is located near key regeneration zones, such as the £1 billion Mayfield development and the £4 billion Manchester Waters project.
Full Description - We are proud to introduce this brand-new residential development in the heart of Manchester City Centre, just a short walk from Deansgate, Selfridges and all this great city has to offer.
Off plan investment opportunity For Investment Purposes Only - 25% Deposit Required There is a mixture of 1-, 2- and 3-bedroom apartments to suit the needs of all potential buyers, and onsite facilities such as a residence only gymnasium, private Cinema room, breakout areas, rooftop gardens with spectacular city centre views, and the added security of a 24-hour concierge. Investment Overview 7% returns achievable Fast growing economy Q3 2022 competition date Top UK developer 0.1% Ground rent 250-year Leasehold Council tax band C 1 bedroom apartments from ?200,000 2 bedroom apartments from ?290,000 2 bedroom duplex apartments from ?350,000 2 bedroom penthouse duplex apartments from ?390,000 3 bedroom apartments from ?400,000 LOCATION OVERVIEW - UK’s no1 Investment location - High tenant demand - Prices have increased by 12% in the last year alone - Rents in Manchester are expected to see a 16.5% increase between 2020-2024 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 ?2.7 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 included is subject to change*
This spacious 3-bedroom apartment offers contemporary living at its finest. With an open-plan layout and floor-to-ceiling windows, the property is flooded with natural light, creating a welcoming and airy atmosphere. Each room has been thoughtfully designed to maximise comfort and functionality, making it ideal for modern living.
Highlights Include:
Living Area: A spacious open-plan living and dining area, perfect for entertaining or relaxing.
Kitchen: Fully fitted with high-spec appliances, sleek cabinetry, and ample storage.
Bedrooms: Three generously sized bedrooms, including a luxurious master suite with an en-suite bathroom.
Bathrooms: Modern bathroom suites with high-quality fixtures and fittings.
Balcony: A private balcony offering stunning views of the city skyline.
This development also features premium on-site amenities, including a state-of-the-art gym, a rooftop terrace, and 24-hour concierge service, enhancing the lifestyle appeal of the property.
Investment Highlights
Rental Yield: Estimated at 6-7% NET annually
Capital Growth: Manchester is forecast to see property price increases of up to 24% by 2025 (Savills).
Strong Tenant Demand: Manchester has one of the highest rental demands in the UK, driven by a growing population of young professionals and students.
Regeneration Hotspot: The property is located near key regeneration zones, such as the £1 billion Mayfield development and the £4 billion Manchester Waters project.
Full Description - We are proud to introduce this brand-new residential development in the heart of Manchester City Centre, just a short walk from Deansgate, Selfridges and all this great city has to offer.
Off plan investment opportunity For Investment Purposes Only - 25% Deposit Required There is a mixture of 1-, 2- and 3-bedroom apartments to suit the needs of all potential buyers, and onsite facilities such as a residence only gymnasium, private Cinema room, breakout areas, rooftop gardens with spectacular city centre views, and the added security of a 24-hour concierge. Investment Overview 7% returns achievable Fast growing economy Q3 2022 competition date Top UK developer 0.1% Ground rent 250-year Leasehold Council tax band C 1 bedroom apartments from ?200,000 2 bedroom apartments from ?290,000 2 bedroom duplex apartments from ?350,000 2 bedroom penthouse duplex apartments from ?390,000 3 bedroom apartments from ?400,000 LOCATION OVERVIEW - UK’s no1 Investment location - High tenant demand - Prices have increased by 12% in the last year alone - Rents in Manchester are expected to see a 16.5% increase between 2020-2024 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 ?2.7 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 included is subject to change*
Property information from this agent
About this agent
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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