Windmill Street, Manchester M2 2 bed apartment for sale

2 bedroom apartment for sale

Windmill Street, Manchester M2

Reduced

Apartment

2 beds

2 baths

Reduced < 14 days

Key information

Tenure: Leasehold | 900 yrs left

Council tax: Band A

Features and description

Tenure: Leasehold (900 years remaining)

Introducing a Landmark Development in Manchester: A Stunning 25-Storey Tower

This exceptional 25-storey tower is poised to become one of the most luxurious additions to the Manchester skyline, offering impeccably designed one- and two-bedroom apartments finished to the highest standards.

Full Description:

This striking new development will provide residents with an unparalleled luxury living experience. Featuring an array of meticulously crafted one-bedroom and two-bedroom apartments, including exquisite penthouses, all units are designed to the highest specification.

The development also boasts exclusive amenities such as a swimming pool, state-of-the-art gym, stylish bar, private cinema room, and a karaoke room. Residents will enjoy the convenience of having a wide variety of restaurants and shops right on their doorstep.

Investment Highlights:

Estimated rental return of 6%

Completion expected by Q2 2024

Up to 20% below market value

0.1% ground rent (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 penthouse from £300,000

2-bedroom penthouse from £400,000

Location Overview:

Ranked as the #1 investment location in the UK

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

High tenant demand in the area

New office developments bringing 15,500 new jobs

With a low ground rent of only 0.1% (to be reviewed in the future), and a 250-year leasehold, this development presents an excellent investment opportunity. The service charge is estimated at £3.5 per sqft, and properties fall under Council Tax band C.

Information provided is subject to change.

Property information from this agent

Windmill Street

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About this agent

Elite Realty Invest - Manchester

Bloc 17, Marble Street Manchester M2 3AW

0151 382 1682

Full profile Property 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.