1 bedroom apartment for sale

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1 bedroom apartment for sale

Merchants Wharf, Manchester
£219,950

Our Summary

  • Now a thriving residential area undergoing significant investment and regeneration, the development offers much-needed high-quality homes

Description

This south-facing apartment is a luxury property that is perfect for both buy-to-let investors and owner-occupiers. Completed and ready to move in, it offers immediate rental income and boasts high-end finishes, including a walk-in wardrobe. Located in a historic area that is undergoing regeneration, the property is situated close to MediaCityUK, Deansgate, and Spinningfields, making it ideal for young professionals working in these vibrant districts. The apartment is part of a £475 million development by Legacie, a winner of Property Developer of the Year 2023, which has already delivered £30 million in returns to investors. Investors can earn a net rental yield of 6.5% and a substantial capital growth projection of 28.8% over the next five years, making it a lucrative investment opportunity.