£256,000
(£463/sq. ft)
1 bed flat for saleM5
1 bed
1 bath
1 reception
553 sq. ft
Added on
About this property
Premium Location: Nestled in a prime waterfront development
Guaranteed Returns: 6% net rental guarantee for the first 12 months
Generous Living Space: Substantial 1-bedroom layout
Courtyard Facing: Quiet, peaceful aspect
Luxury Amenities: High-specification contemporary interiors
Welcome to one of Manchester's most exciting new waterfront developments. Developed by Manchester's premier developer, this unit offers an uncompromising standard of modern city living.
This oversized 1-bedroom apartment spans 552.19 sq. Ft. And features a quiet, courtyard-facing aspect that acts as a peaceful retreat from the bustling city. The apartment is crafted with high-specification interiors, boasting sleek modern lines, premium finishes, and large windows that fill the open-plan living space with natural light. Residents will also benefit from premier onsite amenities, including a 24-hour concierge service and beautifully manicured communal garden spaces.
The Investment Opportunity
Secured below market value, this unit is highly optimised for investors looking for reliable cash flow and aggressive capital appreciation:
Purchase Price: £256,800
Assured Income: 6% net yield guaranteed for the first 12 months.
Zero Initial Outgoings: Management fees, service charges, and ground rent are completely covered (£0) during the 12-month guarantee period, yielding a clean £1,284 per month (£15,408 P.A.).
Tenure: 999-year lease for ultimate long-term security.
Payment Plan: £64,200 reservation/exchange deposit, with £192,600 due upon completion.
Unbeatable Location & Regeneration Hotspot
Tranquillity sits in a strategic transport and economic corridor, effortlessly connecting young professionals to Manchester's two largest employment hubs:
Pomona Island Masterplan: Situated directly opposite a massive 26-acre undeveloped site. Over the next decade, this £1Bn masterplan will transform the area into a vibrant eco-system featuring 2,700 homes, 1 million sq. Ft. Of commercial office space, retail districts, and a 5.2-acre waterfront park.
MediaCityUK Expansion: Located just a pleasant 11-minute walk away from the home of the BBC, itv, and Kellogg's. MediaCity is currently undergoing its own £1Bn digital hub expansion, adding another 672,000 sq. Ft. Of Grade-a office space to attract the city’s top professional talent.
With massive multi-billion-pound regeneration projects framing either side of this development, property prices and rental demand in this immediate pocket are forecasted to scale exponentially over the next 5 to 10 years.
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Tenure
Leasehold (999 years)
Service charge
Council tax band
Ground rent
£0
Ground rent date of next review
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