2 bed flat for sale

Chester Road, Manchester M16

Description

Off plan investment opportunity

For Investment Purposes Only - 25% Deposit Required

Manchester's newest icon on the skyline boasts a luxury living aesthetic like no other. The cylindrical design will offer breath-taking views of Manchester, with a panoramic experience in every apartment. The development has been designed with the resident in mind to deliver an unmatched quality of living at what is already becoming one of the most in-demand postcodes in Manchester.

Investment Overview

20% down payment
441 premium 1,2 and 3 bed apartments
Estimated 6% gross yield
0.01% Ground rent
950-year tenure leasehold
Council tax band - A

1 bedroom apartments from £230,000
2 bedroom apartments from £300,000
3 bedroom apartments from £500,000
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 a 950-year tenure leasehold. The service charge is estimated at £2.75 sqft (investors will be made aware of the review date in the future) with the ground rent estimated to be 0.01%, you will be informed of the review period on purchase. It is also predicted to be within the Council Tax band - A.

Contact us today to discuss this exciting new development with one of our consultants. **Information provided is subject to change**