£99,000

Studio for sale

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New home
Leasehold

£99,000

Studio for sale

No.4 Manchester Apartments, Jersey St, Manchester M4

1 bath
1 reception

Key Information

Tenure:
Leasehold
Time remaining on lease:
Service charge:
Council tax band:
Ground rent:
Ground rent date of next review:

Local area information

Property location

Nearby amenities

  • St Patrick's RC Primary School 0.2 miles
  • New Islington Free School 0.2 miles
  • Manchester Piccadilly 0.7 miles
  • Manchester Victoria 0.7 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Manchester to find out more about the local area.

Features and description

  • Leasehold
  • Minutes from the City Centre
  • Stunning Views
  • 6% Net Rental Income
  • Onsite Gymnasium & Secure Bicycle Storage
  • Private Parking Available
  • On-Site Management Office
Manchester Off Plan Apartments

These Manchester Off Plan Apartments are enviably located on the edge of Manchester city centre in the thriving area of Ancoats and New Islington, which has high tenant demand.

You'll earn 6% net rental income, which is assured for the first year, and there are no restrictions on the exit strategy.

This luxurious development will have all the advantages of being a short walk away from the local parks and independent shops of suburbia, but also close to the vibrant bars and restaurants of the city.

Being located just 0.4 miles from Manchester Piccadilly train station, the apartments benefit from spectacular city views, with the remainder facing the garden courtyard and terraces. Private balconies are available on a number of units and the addition of a private gymnasium, on-site management company and laundry facilities will make living at Manchester Off Plan easy and stress-free.

Investment Overview

• Manchester City Centre
• 6% Net Rental Income
• On-Site Gymnasium & Secure Bicycle Storage
• In an Area with High Tenant Demand
• Private Parking Available
• On–Site Management Office

Why Manchester?

The UK has seen huge growth in the rental sector over the past five years, particularly in major cities such as London, Manchester, Liverpool and Edinburgh. Lettings are the preferred choice for many property investors looking to generate sustainable income over a period of time.

Demand for rental properties have increased as tenant requirements continue to shift to accommodate an evolving work/life balance which places a higher standard of living as a top priority. As such, the Northern lettings market is booming, creating a lucrative opportunity for property investors.

Manchester Regeneration

spinningfields

The Canary Wharf of the North Spinningfields alone provides working space for over 20,000 employees and in recent years has seen the area develop further as a retail and leisure district. Revenue from retail and leisure at Spinningfields increased 400% between 2008 and 2014.

St john’s

The success of Spinningfields has inspired further growth and regeneration in central Manchester. The neighbouring area of St John’s is now set for extensive redevelopment that will further transform the area. A creative village will be established in the heart of the city.

Middlewood locks

Strategically located at the Salford gateway to Spinningfields across the River Irwell, Middlewood Locks will transform a 24- acre area, creating a new centre for connectivity, creativity and culture in the heart of the city.

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Sizes listed are approximations. Please contact the agent to verify actual sizes

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Alesco Property North Limited

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