2 bedroom apartment for sale

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2 bedroom apartment for sale

Manchester, Greater Manchester, M15
£384,689

Our Summary

  • Featuring exceptional river and city views and currently being the lowest priced unit available, this investment is ideal for investors seeking a long-term strategy with strong capital growth potential and attractive rental yields

Description

This rare 2-bedroom, 2-bathroom apartment in Manchester offers exceptional river and city views and is currently the lowest priced unit available. With a 5-year forecasted return, this investment is ideal for those seeking a long-term strategy with strong capital growth potential and attractive rental yields. The unit price is £384,689, requiring a cash deposit of £127,491, which includes a 25% deposit, stamp duty, legal and valuation costs. The forecasted returns include a capital growth of £130,112 and rental income of £48,033, calculated gross and excluding service charge, mortgage costs, and management fees. With significant demand for this development, it's expected that this unit won't be on the market for long, making it a great opportunity to invest in a below-market value asset that will benefit from capital growth upon completion in Q2 2027 and strong rental income potential.