Ohio Avenue, Manchester M50 2 bed apartment for sale

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Ohio Avenue, Manchester M50 2 bed apartment for sale

Ohio Avenue, Manchester M50
£230,000

Price History

Initial price £240,000
28/09/24 £238,000
28/12/24 £230,000
Price Change -4.17%

Description

This exciting new development in Manchester features four towers with premium one, two, and three-bedroom apartments, offering stunning views of both Salford Quays and Manchester City Centre. The development is an off-plan investment opportunity, with a 25% deposit required, and offers a 999-year tenure leasehold. The apartments are designed to the highest standard, providing a luxury modern living experience. With a strong investment overview, including 41% capital growth over the last decade, 31% rental market size of the city population, and an average 6% yield for Manchester, this development is an attractive opportunity for investors. The location is ideal, situated next to MediaCityUK, home to world-class corporations such as BBC and ITV studios, and with a predicted council tax band of B. With a service charge estimated at £1.88 sqft, this development offers a unique investment opportunity with potential returns of 10%+.