This structure is a design-driven boutique development in the heart of Manchester’s Northern Quarter, with 41 apartments that are both spacious and fashionable. A rooftop patio tops 28 two bedroom and 13 one bedroom apartments on an eight-floor building. The living spaces are illuminated by large windows and the apartments are located in a desirable neighbourhood of Manchester that is near a variety of convenient amenities.
Starting Price (1 Beds): £245,950
Starting Price (2 Beds): £342,950
Practical Completion Q4 2024
Mortgage: Yes
Estimated Completion: October 2024
Total Development:41 | 1 Bed x 13 | 2 Bed x 28
Expected Yield:5.5%
Lease Length 999 years
Ground Rent:Zero peppercorn
Service Charges: £2.80 psf
Piccadilly Railway Station is six minutes away on foot from LOMAX, while the Arndale Centre, which features over 200 appealing stores and restaurants, is fifteen minutes away on foot. Market Street, Exchange Square, and the Royal Exchange are three cultural hotspots that are easily accessible from the Northern Quarter and Ancoats and are sure to pique your curiosity. The Northern Quarter and Ancoats are the city’s most desirable neighbourhoods.
Smart investors continue to be attracted to Manchester because of the city’s strong fundamentals, which provide asolidfoundationforcontinuedgrowthandstrongreturns. Manchester was recently crowned as the top spot for buy-to-let investment opportunities in 2023, with 1 in 3 residents in the city renting.
Reservation Fee: £5,000
20% on Exchange, balance (80%) on completion
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