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2 bedroom apartment for sale

Lower Mosley Street, Manchester M2
Reduced today
Apartment
2 beds
2 baths
Reduced today

Key information

TenureLeasehold | 900 yrs left
Council taxBand C

Features and description

  • Tenure: Leasehold (900 years remaining)
Introducing a New Landmark Development in the Heart of Manchester City Centre


We are thrilled to present our latest development, located in the vibrant heart of Manchester City Centre. This impressive 40-storey tower will feature one- and two-bedroom apartments, all finished to the highest standards of quality.


Full Description:

This exceptional new development offers residents a luxurious living experience, with every apartment designed and finished to the highest specification. The tower will offer a selection of penthouses, one-bedroom, and two-bedroom apartments, all available for investment.


Exclusive amenities will be available to residents, including a swimming pool, gym, bar, private cinema room, and a karaoke room. Additionally, with an abundance of restaurants and shops just steps away, convenience and lifestyle come together perfectly.


Investment Highlights:


Estimated rental return of 6%

Completion expected by Q2 2024

Up to 20% below market value

Ground rent of just 0.1% (subject to future review—contact us for more details)

250-year leasehold

Council Tax Band C


Pricing:


1-bedroom apartments from £240,000

2-bedroom apartments from £350,000

1-bedroom penthouses from £300,000

2-bedroom penthouses from £400,000


Location Overview:


Ranked as the #1 investment location in the UK

Average monthly rent has increased by 8.3% over the last two years

High tenant demand in the area

New office developments bringing 15,500 new jobs

With a low ground rent of just 0.1% and a 250-year leasehold, this development offers a superb investment opportunity. The service charge is estimated at £3.5 per sqft, and the property falls under Council Tax Band C.


Contact us today to learn more about this exciting new development from one of our expert consultants. [Use Contact Agent Button]


Information provided is subject to change.

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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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