MICHIGAN TOWERS MANCHESTER

X1 Michigan Towers, Manchester

Key Facts
Price One Bedroom Apartments from £175,995
Two Bedroom Apartments from £216,995
Three Bedroom Apartments from £276,995
Two Bedroom Townhouse from £299,995

Length of Ground Lease
999 Year Lease

Ground Rent
395 Per

Unit Reservation deposit
£5,000

Payment Structure
1. Pay £5,000 to reserve your property
2.25% of the purchase price (less reservation deposit) and 50% of furniture pack are payable within 21 days on exchange of contract
3. 10% of the purchase price and 50% of furniture pack are payable 6 months after exchange of contract4. 65% remaining balance payable upon completion

Legal Fees
£1,462.00 -£1,774.00 Including VAT + Disbursements

Estimated Completion Date
Q12023 Long Stop Date Q42024

Service Charges
£1.88 Per Sqft

Property Management Fees
8% Plus VAT

Stamp Duty
Approx. 3% -5% of Purchase Price (dependent on the investor)

Furniture Costs
£2,995 For a One Bed
£3,995 For a Two Bed
£4,995 For a Three Bed