1 bed flat for sale
No.3 Apartments, Lower Byrom St, Manchester M3
- Just added
- New home
- Investment
£155,000
Property Listing Details
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Property details
Features
- Highly Desirable Location in Manchester City Centre
- 5.26% Expected Rental Yields
- Newly Completed and Already Tenanted
- City Centre Property Prices Growing 12% YoY
- Award-Winning Design
- Icludes Gym, Sauna and Japanese Garden
- Strong Capital Growth Potential
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Description
No.3 Manchester Apartments
A luxury two-bed, two-bathroom apartment in Deansgate - one of the most exclusive and sought-after areas of Manchester. It is minutes from First Street - the city's newest dining, drinking and entertainment destination.
Tenants are already in place, meaning you can start seeing rental income immediately. As an investor, you would receive an estimated yield of 5.26% a year and benefit from strong capital growth in the future.
Residents are able to enjoy high-quality amenities that include a gym, sauna and communal Japanese garden.
Investment Overview
• Highly Desirable Location in Manchester City Centre
• 5.26% Expected Rental Yields
• Newly Completed and Already Tenanted
• City Centre Property Prices Growing 12% YoY
• Minutes from First Street
• Award-Winning Design
• Includes Gym, Sauna and Japanese Garden
• Strong Capital Growth Potential
Manchester: Reasons to Invest
The city has transformed from a powerhouse of the industrial revolution through its cotton industry in the 18th and 19th centuries to be one of the uk's main digital hubs in the 21st.
Thanks to intensive regeneration, investment and development over the last decade, Manchester has become the second-largest economy in the UK, been ranked as the best city to live in the UK and experienced the highest levels of job growth in the country.
In 2018, areas of the city achieved rental yields of up to 10.1% and house prices grew by 6.2%.
All pictures shown are for illustration purposes only
Contact Us Today for a Free Consultation
A luxury two-bed, two-bathroom apartment in Deansgate - one of the most exclusive and sought-after areas of Manchester. It is minutes from First Street - the city's newest dining, drinking and entertainment destination.
Tenants are already in place, meaning you can start seeing rental income immediately. As an investor, you would receive an estimated yield of 5.26% a year and benefit from strong capital growth in the future.
Residents are able to enjoy high-quality amenities that include a gym, sauna and communal Japanese garden.
Investment Overview
• Highly Desirable Location in Manchester City Centre
• 5.26% Expected Rental Yields
• Newly Completed and Already Tenanted
• City Centre Property Prices Growing 12% YoY
• Minutes from First Street
• Award-Winning Design
• Includes Gym, Sauna and Japanese Garden
• Strong Capital Growth Potential
Manchester: Reasons to Invest
The city has transformed from a powerhouse of the industrial revolution through its cotton industry in the 18th and 19th centuries to be one of the uk's main digital hubs in the 21st.
Thanks to intensive regeneration, investment and development over the last decade, Manchester has become the second-largest economy in the UK, been ranked as the best city to live in the UK and experienced the highest levels of job growth in the country.
In 2018, areas of the city achieved rental yields of up to 10.1% and house prices grew by 6.2%.
All pictures shown are for illustration purposes only
Contact Us Today for a Free Consultation
Links for this property
Floorplan
Map & Nearby
Local Amenities
- Deansgate 0.2 miles
- Salford Central 0.4 miles
- Abbey College Manchester 0.5 miles
- St Wilfrid's RC Primary School 0.5 miles
Market stats
Sale activity
Average estimated value for a flat in M3:
- £214,489
-
Price increase
- £4,557
- (2.171%)
- Over the last 12 months
In the last 12 months
-
Average sale price
£204,714 -
Properties sold
80
Rental opportunities
Looking for an investment? The average rent for a 1 bedroom flat in M3 is currently:
£914 pcmRecent sales nearby
-
-
77 Rozel Square
- £195,000
-
13th Jul 2020
-
Flat 1 Bedrooms
-
-
-
10th Jul 2020
-
Flat 1 Bedrooms
-
-
-
20, The Royal, Wilton Place
- £195,000
-
8th Jul 2020
-
Flat 2 Bedrooms
-
Estimated running costs
Based on available 3rd party data
Approximate costs
£
per month
- Mortgage £ p/m
- Energy from £44 p/m
- Water from £28 p/m
- Council tax £117 p/m
- Home insurance Not known
Mortgage calculator
£ per month
How much could I borrow?
In partnership with
Your home or property may be repossessed if you do not keep up repayments on your mortgage.
These results are not provided by Bankrate and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided, your lenders criteria and your personal circumstances. The interest rate has also been assumed to stay the same for the selected mortgage term.
The Agent
Price history
Sold prices provided by Land Registry
4th Dec 2020
£155,000
First listed
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Property descriptions and related information displayed on this page are marketing materials provided by Alesco Property North Limited. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Alesco Property North Limited for full details and further information.
