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

This new residential development in Manchester offers 183 apartments across 23 floors, with a range of one, two, and three-bedroom apartments, as well as luxury duplex apartments. The development is designed to provide a balanced work-from-home lifestyle, with a focus on creating an ideal environment for residents to live and work in harmony. The investment opportunity requires a 25% deposit and features a 0.1% ground rent and a 250-year lease. The market value of the apartments is up to 20% below current rates, with prices starting from £250,000 for a two-bedroom apartment and £290,000 for a three-bedroom apartment. The location is considered the UK's No. 1 investment location, with high tenant demand and prices increasing by 12% in the last year, with expected rental growth of 16.5% between 2020 and 2024.