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£333,000

3 bed flat for sale

Ducie Street, Manchester M1

    • 3 beds

    • 2 baths

    • 1 reception

Key information

Elite Realty Invest

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About this property

  • 0.1% ground rent

  • 7% yield

  • Completed Q4 2024

  • Only 25% deposit required

  • Proven developer with excellent track record

  • Rooftop gardens and gym

  • UK's number one investment location

  • Up to 20% below Market Value

Description

For Investment Purposes Only - 25% Deposit Required

The development holds 177 one, two and three-bedroom apartments which will be spread across 25 storeys and finished to the highest standard. Residents will have unlimited amenities just outside their doors, with a cosy work from home station, gymnasium and communal garden. With us all becoming more accustomed to spending more time at home, each apartment has been designed with the tenants core needs at the forefront with luxurious large windows and earthy tones to allow a natural feel.
Investment overview


7% yields
Only 25% deposit required
0.1% Ground rent
250 year leasehold
Band A council tax
Location overview


-Regeneration is set to increase the value of Piccadilly
-Huge demand from potential tenants for Ancoats

In the next few years the area of Piccadilly and its surrounding areas are set to regenerate massively. The biggest factor of this is the new HS2 station that is arriving to the already running Piccadilly station. Alongside HS2 there will also be residential developments and green space growth helping the regeneration.

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 £3.4 sqft (investors will be made aware of the review date in the future) and 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**

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Elite Realty Invest

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Property descriptions and related information displayed on this page are marketing materials provided by - Elite Realty Invest. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Elite Realty Invest for full details and further information.