£225,000
(£408/sq. ft)
1 bed flat for saleMiller Street, Manchester M4
1 bed
1 bath
1 reception
551 sq. ft
- Leasehold
North Property Group Ltd
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About this property
Located next to victoria station
New build development
Situated near central retail district
Communal park area
High tenant demand
Perfect investment opportunity
Less than 10 minutes to central manchester
Stunning views
**incredible investment opportunity **stunning homes** high rental yields** ultra-modern interior** incredible location** unique architectural designs** completing in 2025** reputable developer**
M4 off-plan property investment
Hanover Street consists of vibrant new developments with community at its heart. Located in a prime area of Manchester, it is an area full of personality and individuality. Hanover Street is inspired by the history and character of Manchester. The one bed homes are spread across a collection of towers and two podium buildings. The facade of the building has striking colours which reflects the view which can be seen from the floor-to-ceiling, 'picture-frame' windows that each apartment enjoys.
Location
Situated just minutes from Victoria Station, these units are located near to the plethora of amenities, restaurants and facilities that Manchester city centre offers. Just minutes from the city centre and near the Northern Quarter, this property is situated in an extremely convenient and desirable area. There is an abundance of nearby schools, gp's and other amenities, making it highly desirable for tenants.
Property highlights
Since 2018, Manchester has successfully achieved a higher rental and higher price growth than the average in the UK. As a result of this, you should achieve some of the UK's highest short and long-term property investment returns.
The city is experiencing a significant undersupply, with Manchester's population rising at 15 times the rate new homes are being built, resulting in City Centre apartments getting up to 10 enquiries per property and some are tenanted within one hour, meaning now is the perfect time to invest in Manchester.
Manchester's property market also holds an impressive history; with property price growth in Manchester exceeding the UK average for five consecutive year, from 2013-2018. Within the 12 months to June 2018 alone, the average property values in Manchester increased by 7.4%, and within six years between November 2011 and November 2017, prices of apartments increased by 51%.
Even though the pandemic impacted the UK's housing market, Manchester has remained a hotspot for property investment. Despite the property market freezing during lockdown, Manchester is still expected to record a house price growth of 4.1% during 2020, as opposed to the UK average of 2.9%. Since 2018, Manchester has successfully achieved a higher rental and higher price growth than the average in the UK. As a result of this, you should achieve some of the UK's highest short and long-term property investment returns.
To receive brochures, floorplans and availability - contact us today
North Property Group is an independently owned sales, lettings and property agency with more than 20 years of experience. We work exclusively for the benefit of our clients to help you buy, sell, let or rent the best properties across the UK.
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More information
Tenure
Leasehold (250 years)
Service charge
£1,870 per year
Council tax band
B
Ground rent
Ground rent date of next review