3 bed Flat (for sale) Jutland Street, Manchester M1

£745,051
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Elite Realty Invest
Horton House, Exchange Flags, Liverpool
0151 382 9270
First Published

6th May 2022

Last Published

6th May 2022

 

Features

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

Description

Description

Off-plan investment opportunity

For Investment Purposes Only - 25% Deposit Required

The development holds 222 one, two and three-bedroom apartments which will be spread across 30 storeys and finished to the highest standard. All apartments have been designed with the modern tenant at its core, with bright a fresh interiors and amenities. Tenants will be spoilt with the luxury that this development has to offer, and you don't want to miss out on this development.


Investment overview


7% yield
Only 25% deposit required
Q2 2024 completion
0.1% Ground rent

1 bedroom apartments from £197,000
2 bedroom apartments from £316,000
3 bedroom apartments from £600,000


Location overview


-Regeneration is set to increase the value of Piccadilly
-Rent in Manchester is expected to see a 16.5% increase between 2020-2024
-Huge demand from potential tenants for Ancoats

In the next few years, the area of Piccadilly and its surrounding areas are set to regenerate massively. The biggest factor in this is the new HS2 station that is arriving to the already running Piccadilly station. Alongside HS2 there will also be residential developments and green space growth helping the regeneration.

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 M1

 

Property Value Data/Graphs for M1

Property Type % Avg. current value Avg. # beds Avg. # bathrooms
Flat 91.5% £223,020 1.6 1.2
Studio 4.1% £168,709 0 0.9
Town house 2.6% £317,778 2 2
Other 1.2% £348,749 2.3 1.5
Terraced house 0.3% £325,000 2 1
Block of flats 0.3% £780,000 0 0

Area Information

Average Price Paid

£215,929

Sales

1446

Current Average Value

£226,688

Value Change

£10,759 5%

 

Current Asking Prices in M1 Average: £226,688

Property Type 1 Bed 2 Beds 3 Beds 4 Beds 5 Beds
Houses - £325,384 (13) £350,000 (1) - -
Flats £176,484 (137) £255,731 (156) £286,644 (20) - -
All £176,484 (137) £261,089 (169) £289,661 (21) - -

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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