3 – 2 – 1, Gone… Manchester’s Most Expensive Flat

3 – 2 – 1, Gone… Manchester’s Most Expensive Flat

A quick decision over a lot of money. Manchester’s most expensive flat was snapped up within a few hours by a very decisive renter with even deeper pockets.

City centre living is becoming the standard for a lot of urban folk in Britain’s major cities. And that’s a good thing considering it revitalises urban centres and shortens people’s commutes significantly. But it comes with a price tag.

In this case, it came with an enormous rental tag of £10,000 a month.

 

 

The luxury penthouse is located just off Deansgate and consists of three double bedrooms, a study, a spacious lounge and dining room and a terrace. On top of that, it offers beautiful – if not rainy – views of Manchester’s city centre.

 

 

Considering all of this, the question comes to mind whether a very lucky someone was just looking for a giant luxury property at that exact time or if there’s an actual demand for this kind of property.

 

 

Jennie Platt, Managing Director of letting agent City Centre Chic, told MEN she thinks there’s definitely a demand for this kind of property. For her, the bigger question is whether there are enough luxury properties to meet the demand.

She said:

It went really quickly because there is a lack of really high-end penthouse apartment that have three or four bedrooms.

“A lot of Europeans moving to Manchester are used to and like city centre living but there is not the stock.

“This property used to be two apartments but has been knocked through to just one and there aren’t many apartments like this one.”

Self-certified Sophisticated Investor

Please read

I declare that I am a self-certified sophisticated investor for the purposes of the restriction on promotion of non-mainstream pooled investments. I understand that this means:

I am a self-certified sophisticated investor because at least one of the following applies:

I accept that the investments to which the promotions will relate may expose me to a significant risk of losing all of the money or other property invested. I am aware that it is open to me seek advice from someone who specialises in advising on non-mainstream pooled investments.

High Net Worth Investor

Please read

I make this statement so that I can receive promotional communications which are exempt from the restriction on promotion of non-mainstream pooled investments. The exemption relates to certified high net worth investors and I declare that I qualify as such because at least one of the following applies to me:

STAY AHEAD OF THE MARKET

Sign up for first access to new developments and exclusive property investment opportunities.

We send limited and targeted emails on new launches and exclusive deals which best fit your areas. We are trusted by over 30,000 active buyers as their source for new stock.

  • New property developments
  • Professional market reports
  • Property deal alerts
  • Development updates
Manchester property investment

FIRST FOR NEWS AND KNOWLEDGE.

Receive trending news straight to your inbox and stay up to date on all of the property market trends and advice.

Established since 2005 we are a leading voice of authority and commentary on the UK property market. Our news is trusted by Apple News & Google News.

  • UK housing market
  • Mortgage & money
  • Buy-to-let landlords
  • Guides & advice

Talk to us

Speak to our UK property experts today:

 

+44 (0) 333 123 0320

Open from 9am-6pm GMT

 

+852 6699 9008

Open from 9am-6pm HKT