Blackfriars Street, Manchester M3 1 bed flat for sale

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Blackfriars Street, Manchester M3 1 bed flat for sale

Blackfriars Street, Manchester M3
£204,000

Price History

Initial price £210,000
10/01/25 £204,000
Price Change -2.86%

Description

This brand-new residential development in Manchester City Centre offers a unique investment opportunity with a mixture of 1-, 2-, and 3-bedroom apartments, each with its own unique features. The development boasts a range of on-site facilities, including a gym, cinema room, breakout areas, and rooftop gardens with stunning city views. With a 0.1% ground rent and a 250-year leasehold, this property is an attractive investment option. The development is expected to generate 7% returns, and with Manchester's economy growing rapidly, prices are expected to increase by 12% in the next year alone. The city's high tenant demand and predicted 16.5% rent increase between 2020-2024 make this a lucrative investment opportunity. With a competitive completion date set for Q3 2022, investors can expect a strong return on their investment.