3 bedroom apartment for sale

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3 bedroom apartment for sale

Apartment 243, Middlewood Street
£267,000

Price History

Initial price £280,000
11/12/24 £272,000
18/01/25 £267,000
Price Change -4.64%

Description

Our new residential development in Manchester offers 183 apartments across 23 floors, thoughtfully designed to meet the needs of all residents. The off-plan investment opportunity requires a 25% deposit and features a range of one, two, and three-bedroom apartments, as well as luxury duplex apartments. Located in a promising area, the development aims to create a harmonious environment for residents to live and work. With the rise of remote working, the demand for a balanced work-from-home lifestyle is increasing, making this development an attractive investment opportunity. With a ground rent of 0.1%, a 250-year lease, and market value up to 20% below current rates, prices start from £250,000 for two-bedroom apartments and £290,000 for three-bedroom apartments. The location is considered the UK's number one investment location, with high tenant demand, prices increasing by 12% in the last year, and expected rental growth of 16.5% between 2020 and 2024.