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1 bedroom apartment for sale

Lower Mosley Street, Manchester M2
Apartment
1 bed
1 bath
Added > 14 days

Key information

TenureLeasehold | 900 yrs left
Council taxBand C

Features and description

We are delighted to introduce our latest development located in the heart of Manchester City Centre. The stunning 40 storey tower will hold one and two-bedroom apartments, finished to the highest quality.

Full Description - Introducing Our Latest Development in Manchester City Centre!

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

Investment Opportunity

This development requires a 25% deposit and is available for investment purposes only. Residents will enjoy a luxury living experience with access to exclusive amenities, including a swimming pool, gym, bar, private cinema, and karaoke room. Additionally, a wide array of restaurants and shops will be right at their doorstep.

Investment Overview:

-Estimated 6% rental return
-Prices up to 20% below market value
-Ground rent: 0.1%
-250-year leasehold (contact us for more details)
-Council tax band: C

Pricing:

-One-bedroom apartments from £230,000
-Two-bedroom apartments from £350,000
-One-bedroom penthouses from £300,000
-Two-bedroom penthouses from £400,000

Location Overview:

-Ranked as the number one investment location in the UK
-Average monthly rent has risen by 8.3% over the last two years
-High demand from tenants
-New office developments expected to create 15,500 new jobs
-This apartment represents an ideal investment opportunity, with a minimal ground rent of just 0.1%, which will be reviewed in the future (please contact our team for more information). The estimated service charge is £3.50 per square foot (with future review dates to be communicated), and the property is expected to fall within Council Tax band C.

Property information from this agent

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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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