SPECIFICATIONS:

  • X 3
  • X 2
  • X 2

PROPERTY LOCATION:

PROPERTY DETAILS:

Manchester's 'Super Tower District'
Crown Street forms part of an exciting new neighbourhood in the south-western part of Manchester city centre, home to a cluster of new skyscrapers, one of which will become the tallest in the city. It is ideally situated at the entrance of the city centre giving easy access to the Mancunian way and the city's main transport links. Manchester's key economic hubs and vibrant leisure attractions are within walking distance.

Key Features
52 Storeys - One of the tallest residential structures in the UK
Spacious one, two and three - bedroom apartments
44th floor swimming pool - one of the highest in Western Europe
44th floor royal garden
State of the art gymnasium
Residents lounge
Podium level retail space

The Investment
For investors Elizabeth Tower offers ;
7% gross annual yield predicted
20% Capital growth predicted over Elizabeth Tower build period
81% predicted 5-ROI
20% down and 80% on completion (one two and three beds)

Stamp duty for buy to let (including surcharge)
£0 - £125,000 - 3%, £125,000 - £250,000 - 5%, £250,000 - £925,000 - 8%, £925,001 - £1.5 Million - 13%

Fast Facts
Total Units - 52 storeys, 484 units, 154 x one beds, 227 x two beds + one bathroom, 15 x two beds + two bathrooms, 35 three beds, 3 x two bed duplex townhouses
Tenure - 999 year leasehold
Service Charge - Anticipated £2.50 - £2.75 per sq.ft
Ground rent - 0.1% of the sales price, with a maximum of £500
Warranty - 10-year structural warranty inclusive of a two year defect liability period

PROPERTY INFORMATION:

TELL SOMEONE YOU KNOW

PROPERTY OFFICE :

homes4u Manchester Fallowfield
Unit 3 Mayfair Court, 306 Wilmslow Road, Fallowfield, M14 6NS

T: 0161 4484805
E: City.sales@homes4u.co.uk
3 Bedroom Apartment

Elizabeth Tower, Crown Street

£520,000 - For Sale