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- 73 Seymour Gove
- M16 0LD
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Two bedroom apartment, Park Rise
Property Description
This high quality two bedroom apartment is situated within the brand new Park Rise residential development in Old Trafford, Manchester. Set for completion in Q1 2018, the property is expected to benefit from exceptional rental demand, offering estimated yields of up to 6.3% p.a.
The apartment offers 56sqm of living space and is finished to an exceptional standard with two generous bedrooms, high specification bathroom, and generous living area with open plan kitchen. High quality fixtures and fittings are used throughout, providing an outstanding contemporary living space.
The development is located in a well-established residential neighbourhood less than 10 minutes from the city centre. Adjacent to a beautiful park and children's playground, the local area offers both a relaxed lifestyle and quick access via car or public transport to key employment hubs; making this a perfect property to appeal to Manchester's growing population of young professionals.
Throughout Manchester there is a structural undersupply of housing coupled with high demand. As of November 2016 Manchester has seen year-on-year growth of almost 9%, exceeding the forecasted estimate of 6%. Rental growth is also expected to rise by around 4% per annum over the next five years, with four out of five apartments in the extended city centre now rented.