£203,700
1 bed flat for saleBlackfriars Street, Salford M3
1 bed
1 bath
- Leasehold
Elite Realty Invest - Manchester
.png)
About this property
We are proud to introduce this brand-new residential development in the heart of Manchester City Centre, just a short walk from Deansgate, Selfridges and all this great city has to offer.
Full Description
We are excited to present this brand-new residential development located in the heart of Manchester City Centre, just a short stroll from Deansgate, Selfridges, and all the city has to offer. This off-plan investment opportunity features a mix of one, two, and three-bedroom apartments, designed to meet the needs of a wide range of buyers. Residents will enjoy a host of premium on-site amenities, including a state-of-the-art gymnasium, private cinema room, dedicated breakout areas, rooftop gardens with spectacular city views, and 24-hour concierge services for added security and convenience.
Investment Overview:
7% rental returns achievable
Located in the UK's top investment hotspot
Fast-growing economy
Renowned UK developer with a proven track record
0.1% ground rent
250-year leasehold tenure
Council tax band C
Prices from £200,000 for 1-bed apartments, £290,000 for 2-bed apartments, £350,000 for 2-bed duplexes, £390,000 for 2-bed penthouses, £400,000 for 3-bed apartments
Why Invest in Manchester?
Manchester is one of the UK’s most attractive investment destinations, boasting the highest house price growth in the country. With house prices predicted to rise by 25.8% in the coming years, this is a city primed for capital appreciation. Rental growth is also expected to rise by 15.4% by 2026, making it a lucrative market for buy-to-let investors. Manchester’s economy is expanding at an average annual rate of 3.6%, and with demand for housing constantly increasing, rental yields remain strong.
In addition to this, Manchester is home to a thriving business and tech sector, and is a top choice for both professionals and students. The city continues to lead the way as one of the UK's most important commercial hubs, with a Gross Value Added (gva) forecast to grow by 45% between 2016 and 2036.
With the perfect mix of growth potential, excellent transport links, and increasing demand, Manchester offers investors a secure and profitable property market.
Contact us today to find out more about this exceptional opportunity and secure your investment.
Zoopla insights
Sign in and gain expert analysis to make informed decisions
Stamp duty calculator
Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news
This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.
More information
Tenure
Leasehold (900 years)
Service charge
Council tax band
B
Ground rent
Ground rent date of next review