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1 bed flat
Merchants Wharf, Manchester M5
£290,000
Merchants Wharf, Manchester M5
£290,000
Our Summary
- Now a thriving residential area undergoing significant investment and regeneration, the development offers much-needed high-quality homes
Description
This luxurious south-facing apartment is a prime investment opportunity, offering immediate rental income and potential for significant capital growth. Located in a historic area undergoing regeneration, the property is situated near MediaCityUK, Deansgate, and Spinningfields, making it ideal for young professionals. With high-end finishes and a walk-in wardrobe, the apartment provides a comfortable living space. Developed by Legacie, a reputable property developer, the property is part of a £475 million portfolio that has already delivered £30 million in returns to investors. With a net rental yield of 6.5% and a projected capital growth of 28.8% over the next five years, this property is a sound investment choice for buy-to-let investors and owner-occupiers alike.