£289,000
2 bed flat for saleDucie Street, Manchester M1
2 beds
2 baths
- Leasehold
Elite Realty Invest - Manchester
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About this property
A brand new vibrant development is coming to the Manchester sky line. It is perfectly situated in Piccadillys newest regeneration area with all the modern tenants needs at its core.
Full Description
Investment Opportunity | Piccadilly Regeneration Zone | Off Plan
Elite Realty Invest is pleased to introduce this exciting new residential development set to enhance the Manchester skyline. Ideally located within Piccadilly’s emerging regeneration district, the scheme has been designed with modern tenant expectations at its core, making it a strong proposition for investors targeting rental demand and long term capital growth.
Available strictly for investment purposes, this off plan opportunity requires a 25% deposit. The development will comprise 177 high quality one, two, and three bedroom apartments across 25 storeys, all finished to a high specification.
Residents will benefit from a well considered amenity offering, including dedicated work from home spaces, a fully equipped gym, and landscaped communal gardens. Each apartment has been thoughtfully designed to suit today’s lifestyle, featuring generous windows to maximise natural light, alongside calming, earthy interior tones that appeal to professional tenants.
Investment Overview
-Target rental yield of up to 7%
-25% deposit required
-Ground rent set at 0.1 percent
-250 year leasehold
-Council Tax Band A
Pricing
-One bedroom apartments from £191,000
-Two bedroom apartments from £290,000
-Three bedroom apartments from £365,000
Location Highlights
-Located within a major regeneration zone, supporting future capital growth
-Strong tenant demand driven by proximity to Ancoats and the city centre
Piccadilly and the surrounding districts are undergoing significant regeneration, anchored by the future HS2 arrival at Manchester Piccadilly, alongside new residential developments and expanded green spaces. This continued investment is expected to further strengthen rental demand and long term values in the area.
The service charge is currently estimated at approximately £3.40 per square foot. Details regarding future reviews of both service charge and ground rent will be provided by our team. The property is anticipated to fall within Council Tax Band A.
This development represents an excellent opportunity for investors seeking a well located, future focused asset in one of the UK’s most active property markets.
For further information or to speak with one of our investment consultants, please contact Elite Realty Invest.
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More information
Tenure
Leasehold (900 years)
Service charge
Council tax band
D
Ground rent
Ground rent date of next review