£341,250
2 bed flat for saleLower Mosley Street, Manchester M2
2 beds
2 baths
- Leasehold
Elite Realty Invest - Manchester
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About this property
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
Investment Opportunity, Manchester City Centre, Off Plan
Elite Realty Invest is pleased to present this landmark residential development situated in the heart of Manchester City Centre. This striking 40 storey tower will deliver a collection of high specification one and two bedroom apartments, designed to meet the expectations of the modern urban tenant and long term investor.
Offered strictly for investment purposes, this off plan opportunity requires a 25% deposit and provides investors with the chance to secure a premium city centre asset below current market value.
Residents will benefit from an exceptional lifestyle offering, including exclusive access to a swimming pool, fully equipped gym, residents’ bar, private cinema room, and karaoke facilities. A wide selection of restaurants, retail outlets, and leisure amenities are located directly on the doorstep, reinforcing the scheme’s appeal to professional tenants.
Investment Overview
-Estimated rental return of approximately 6%
-Up to 20 percent below current market value
-Ground rent set at 0.1 percent
-250 year leasehold
-Council Tax Band C
Pricing
-One bedroom apartments from £240,000
-Two bedroom apartments from £350,000
-One bedroom penthouses from £300,000
-Two bedroom penthouses from £400,000
Location Highlights
-Widely recognised as the UK’s leading investment city
-Average monthly rents have increased by 8.3% over the last two years
-Strong and sustained tenant demand
-Major office developments forecast to create approximately 15,500 new jobs
-The service charge is currently estimated at approximately £3.50 per square foot. Full details regarding future reviews for ground rent and service charge will be provided by our team. The property is expected to fall within Council Tax Band C.
This development presents a compelling opportunity for investors seeking strong rental performance, long lease security, and exposure to one of the UK’s most resilient rental markets.
For further information or to discuss this opportunity in more detail, please contact Elite Realty Invest today.
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More information
Tenure
Leasehold (900 years)
Service charge
Council tax band
C
Ground rent
Ground rent date of next review