3 bed Flat (for sale) Great Jackson Street, Manchester M15

£520,000
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homes4u
306 Wilmslow Road, Fallowfield, Manchester
0161 219 8506
First Published

12th Jul 2019

Last Published

11th Sep 2019

 

Features

  • Type: Flat
  • Bedrooms: 3
  • Listing status: sale
  • Country: England

Description

Elizabeth Tower is the iconic skyscraper at the heart of this new neighbourhood. Elegant residential apartments, the finest facilities and one the highest swimming pools in Western Europe. Elizabeth Tower is set to be an awe-inspiring new address, one of the uk’s tallest residential structures, in the country’s most undersupplied tenant market.

The tower offers spacious one, two and three-bedroom apartments and townhouses set over 52 storeys, offering inspiring views across the city. Residents benefit from breathtaking 44th floor swimming pool and royal garden, co-working space and communal hub, 44th floor state-of-the-art gymnasium, residents lounge and podium-level retail space

Crown Street is ideally situated at the entrance of the city centre. Within walking distance of Manchester’s key
economic hubs and vibrant leisure attractions. All the benefits of Manchester city centre living with none of the congestion, and easy access in and out of the city.

Manchester's 'super Tower District'

Crown Street forms part of an exciting new neighbourhood in the south-western part of Manchester city centre, home to a cluster of new skyscrapers, one of which will become the tallest in the city. It is ideally situated at the entrance of the city centre giving easy access to the Mancunian way and the city's main transport links. Manchester's key economic hubs and vibrant leisure attractions are within walking distance.

Key Features

52 Storeys - One of the tallest residential structures in the UK
Spacious one, two and three - bedroom apartments
44th floor swimming pool - one of the highest in Western Europe
44th floor royal garden
State of the art gymnasium
Residents lounge
Podium level retail space

The Investment

For investors Elizabeth Tower offers ;
7% gross annual yield predicted
20% Capital growth predicted over Elizabeth Tower build period
81% predicted 5-roi
20% down and 80% on completion (one two and three beds)

Stamp duty for buy to let (including surcharge)
£0 - £125,000 - 3%, £125,000 - £250,000 - 5%, £250,000 - £925,000 - 8%, £925,001 - £1.5 Million - 13%

Fast Facts

Total Units - 52 storeys, 484 units, 154 x one beds, 227 x two beds + one bathroom, 15 x two beds + two bathrooms, 35 three beds, 3 x two bed duplex townhouses
Tenure - 999 year leasehold
Service Charge - Anticipated £2.50 - £2.75 per sq.ft
Ground rent - 0.1% of the sales price, with a maximum of £500
Warranty - 10-year structural warranty inclusive of a two year defect liability period

 

Local info for M15

 

Property Value Data/Graphs for M15

Property Type % Avg. current value Avg. # beds Avg. # bathrooms
Flat 93.9% £261,010 1.7 1.4
Studio 3.4% £121,812 0 1
Terraced house 0.6% £207,475 3.5 2
Semi-detached house 0.6% £172,475 2.5 1.5
Other 0.3% £195,000 0 0
End terrace house 0.3% £180,000 3 1
Mews house 0.3% £475,000 3 3
Maisonette 0.3% £235,000 2 2
Town house 0.3% £425,000 3 3

Area Information

Average Price Paid

£184,654

Sales

2196

Current Average Value

£256,085

Value Change

£71,431 38.7%

 

Current Asking Prices in M15 Average: £256,085

Property Type 1 Bed 2 Beds 3 Beds 4 Beds 5 Beds
Houses - £164,950 (1) £285,000 (5) £249,950 (1) -
Flats £208,300 (110) £280,623 (180) £396,168 (17) £205,000 (1) -
All £208,300 (110) £279,984 (181) £370,902 (22) £227,475 (2) -

Nearby Properties

2 bed Flat () Roch Bank, Blackley, Manchester, Greater Manchester M9 £110,000
3 bed Semi-detached house () Fallowfield Way, Atherton, Manchester, Greater Manchester M46 £180,000
1 bed Flat () Southern Street, Manchester, Greater Manchester M3 £220,000
2 bed Terraced house () Dudley Road, Sale, Cheshire, Greater Manchester M33 £210,000
3 bed Semi-detached house () Hirst Avenue, Worsley, Manchester, Greater Manchester M28 £110,000
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