2 bedroom apartment for sale

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2 bedroom apartment for sale

Hewitt Street
£237,000

Price History

Initial price £250,000
19/12/24 £243,000
14/01/25 £237,000
Price Change -5.20%

Description

This new development in Manchester offers a unique investment opportunity, featuring 35 storeys of executive studio and one-bedroom apartments. With a 25% deposit required, the development is designed with residents' needs in mind, offering a convenient location within walking distance of Deansgate and Manchester's main high street. The apartments are expected to yield 6% and have seen a 41% capital growth over the last decade, with a strong economy and high tenant demand driving prices up 12% in the last year. The developer is reputable and has a track record of delivering high-quality properties. With expected rent growth of 16.5% between 2020 and 2024, this development is an attractive option for investors looking to capitalize on Manchester's thriving property market.