3 bed Flat (for sale) Chester Road, Manchester M16

£525,000
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Elite Realty Invest
Horton House, Exchange Flags, Liverpool
0151 382 9270
First Published

27th Feb 2022

Last Published

11th Apr 2022

 

Features

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

Description

Description

Off plan investment opportunity

For Investment Purposes Only - 25% Deposit Required

Manchester's newest icon on the skyline boasts a luxury living aesthetic like no other. The cylindrical design will offer breath-taking views of Manchester, with a panoramic experience in every apartment. The development has been designed with the resident in mind to deliver an unmatched quality of living at what is already becoming one of the most in-demand postcodes in Manchester.

Investment Overview

20% down payment
441 premium 1,2 and 3 bed apartments
Estimated 6% gross yield

1 bedroom apartments from £230,000
2 bedroom apartments from £300,000
3 bedroom apartments from £500,000


Location overview


- UK's no1 Investment location
- High tenant demand
- Prices have increased by 12% in the last year alone
- Rents in Manchester are expected to see a 16.5% increase between 2020-2024

Contact us today to discuss this exciting new development with one of our consultants. **Combined experience of over 20 years in the UK property market**

 

Local info for M16

 

Property Value Data/Graphs for M16

Property Type % Avg. current value Avg. # beds Avg. # bathrooms
Flat 76% £166,644 1.5 1.1
Semi-detached house 11.4% £398,964 3.4 1.6
Terraced house 5.5% £290,714 3.6 1.3
Other 3.5% £0 1 0
Studio 2.8% £94,421 0 1
End terrace house 0.8% £337,500 7.5 3

Area Information

Average Price Paid

£238,023

Sales

2098

Current Average Value

£193,458

Value Change

£44,565 23%

 

Current Asking Prices in M16 Average: £193,458

Property Type 1 Bed 2 Beds 3 Beds 4 Beds 5 Beds
Houses - (9) £220,000 (1) £324,820 (28) £452,000 (10) £407,500 (4)
Flats £121,139 (107) £203,260 (68) £298,821 (18) - -
All £111,741 (116) £203,503 (69) £314,646 (46) £452,000 (10) £407,500 (4)

Nearby Properties

6 bed Detached house () Stanhope Road, Bowdon, Altrincham WA14 £5,850,000
6 bed Detached house () Charcoal Woods, Charcoal Road, Bowdon WA14 £5,850,000
5 bed Detached house () Hill Top, Hale, Altrincham WA15 £4,995,000
7 bed Detached house () Ellenbrook Road, Worsley, Manchester M28 £4,500,000
5 bed Detached house () Chapel Lane, Hale Barns, Altrincham WA15 £4,250,000
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