Ducie Street
- PROPERTY TYPE
Apartment
- BEDROOMS
2
- BATHROOMS
2
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- 0.1% ground rent
- 7% yield
- Completed Q4 2024
- Full management company in place
- Only 25% deposit required
- Rooftop gardens and gym
- Stunning executive 1,2 and 3 bedroom apartments
- UK's number one investment location
- Up to 20% below Market Value
Description
For Investment Purposes Only - 25% Deposit Required
The development holds 177 one, two and three bedroom apartments which will be spread across 25 storeys and finished to the highest standard. Residents will have unlimited amenities just outside their doors, with a cosy work from home station, gymnasium and communal garden. With us all becoming more accustomed to spending more time at home, each apartment has been designed with the tenants core needs being in mind with luxurious large windows and earthy tones to allow a natural feel.
INVESTMENT OVERVIEW
7% yield
Only 25% deposit required
Q2 2024 completion
0.1% Ground rent
250 year leasehold
Band A council tax
1 bedroom apartments from £191,000
2 bedroom apartments from £290,000
3 bedroom apartments from £365,000
LOCATION OVERVIEW
-Regeneration is set to increase the value of Piccadilly
-Rent in Manchester are 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 of 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.
This apartment is the perfect investment with only a 0.1% ground rent which will be reviewed in the future (contact our team for more information), over a 250-year leasehold. The service charge is estimated at £3.4 sqft (investors will be made aware of the review date in the future) and is also predicted to be within the Council Tax band - A.
Contact us today to discuss this exciting new development with one of our consultants.
**information provided is subject to change**
Brochures
BrochureEnergy performance certificate - ask agent
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
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Ducie Street
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- New Islington Tram Stop0.3 miles
- Manchester Piccadilly Station0.3 miles
- Piccadilly Gardens Tram Stop0.4 miles
About the agent
Elite Realty Invest, Liverpool
Suite 405-408, Cotton Exchange Building, Bixteth Street Liverpool L3 9JR
About Elite Realty Invest
Elite Realty, a property investment company headquartered in the North-West region of the United Kingdom, has established a reputation for its ability to identify and acquire developments of the highest calibre for our esteemed clientele. Our track record of success in sourcing properties that exemplify quality and offer stable, high-yielding returns is well-documented.
We are pleased to offer our clients access to the finest real estate opportunities in
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Visit our security centre to find out moreDisclaimer - Property reference RS9253.06. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Elite Realty Invest, Liverpool. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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