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1 bedroom apartment for sale

Reference: 65289, Chapel Street, Manchester

£120,000

Property Description

Key features

  • Located In The Heart Of Manchester
  • 7% NET Rental Returns
  • Due To Complete In July 2018
  • 250 Years Leasehold
  • Only 2,500 To Reserve

Full description

Tenure: Leasehold

Property Reference: 65289

Caxton Hall was built in 1904 for the Typographical Society of Manchester and has served as a commercial building ever since. The developer has been granted planning permission to redevelop the building into 23 residential apartments whilst retaining its period features and visual charm.

The development represents a unique opportunity to invest in Manchester`s growing rental market which offers the highest property investment yields in the UK (HSBC - 2016). Average investment yields in Manchester are 55% higher than London and average property prices are increasing year-on-year.

The apartments at Caxton Hall will offer a high-quality specification for discerning tenants & residents along with monitored CCTV surveillance and intercom entryphone system.

Why Invest in Manchester?
Manchester is a world-class city which offers some of the most profitable property investments available in the UK.

A vibrant and versatile city, Manchester is a great place to live, work and visit while also providing incredible opportunities for business growth. The city is a key business hub within the North West and oversees the birth of multiple innovative and ambitious projects on an international scale. Manchester has everything that someone could possibly want from a thriving city, from business development to an entertaining lifestyle.

With one of the fastest growing populations in the UK, Manchester prides itself in hosting a talented pool of residents, from scientists and engineers to artists and industrialists. Businesses based in the city are providing incredible employment opportunities within a wide variety of sectors. When it comes to activities outside of business, residents can rest assured that there is something for everyone.

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.


Listing History

Added on Rightmove:
22 March 2018

Map & Street View

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