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Manchester Investment Property

Overview

This Development offers a comprehensive suite of on-site amenities including a gymnasium, residents lounge, co-working space, concierge services, a dedicated post room and secure car parking as well as cycle storage provides the reward for living in one of the UK’s most dynamic cities. Residents benefit from a modern garden terrace on which to relax overlooking the river and to enjoy their own private outside space away from the bustle of modern city life.

Residents can easily access Manchester city centre and Salford Quays/MediaCityUK by foot and are well connected by public transport with frequent bus services throughout the day.

An excellent range of local shops, bars and restaurants can be found within walking distance or easy bike ride.

Key Points

  • 1 bed, 2 beds, 3 beds available

  • Prices from £179,995

  • Smart technology included as standard, for a future-proofed development

  • Secure car parking as well as ample cycle storage

  • Bespoke fitted wardrobes to master bedrooms (2&3 beds)

  • Gymnasium, residents lounge, co-working space, and concierge services

  • Private residents terraces and gardens overlooking River Irwell

  • 999 leasehold ownership (virtual freehold)

  • Service Charge Est £2 psf

  • Peppercorn Ground Rent (ZERO)

  • Completion- Q3 2024  

  • £25k Parking Space (for 2 & 3 bedroom apartments subject to availability)

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5.2 %

        Net Yield

£ 313 319

        Starting Price

Q3 2024

        Completion Date

Fast facts

The high-specification 17 storey building complemented with Juliette balconies and a communal garden terrace comprises of 160 stunning waterside apartments with impressive city and water views.

Investment Case - Manchester

Greater Manchester comprises the largest economic area in the UK outside of London with a population of 2.7 million.

As hub of the Northern Powerhouse, the arrival of HS2, a £40.6 billion high speed railway development will connect London and the Midlands to Manchester. When finished, the standard journey time to London will be 1h 8m & 41m to Birmingham and is expected to create further demand for higher-quality residences required by commuters and professionals. Time Out has recently voted Manchester as one of the most exciting places in the world to live in and visit in 2018. This makes the city the perfect place to purchase a new build buy-to-let investment that will attract a reliable professional tenant.

Castlefield Locks is an iconic gem of Manchester and is renowned for its cobbled streets and idyllic waterfront location, a true sanctuary in the midst of fast-paced city life. It is also home to several premium food and drink establishments and is one of the most popular leisure spots in the city center.

Manchester is a world-class city that is growing more rapidly than any of its peers. Named as the UK’s most liveable city year after year by the Economist, and with a booming population to suit, it is easy to see why Manchester is at the very top of the list for investors from all over the world.

Manchester’s skyline has changed beyond recognition in recent years as the city enters its new era as an international city ready to change the world again. There has never been a better time to invest in city centre property and make the most of this boom.

Significant investment is being made across Greater Manchester into all sectors of the economy. Significant infrastructure spending will make Manchester one of Europe’s best-integrated cities with seamless transport solutions for its citizens.

Development Specification

Kitchen

  • High quality manufactured contemporary fitted kitchen units

  • Slimline square edge worktops Stainless steel inset sink

  • Integrated appliances – hob, oven, extractor hood, fridge-freezer, dishwasher. Integrated washer/dryer or freestanding in hallway cupboards where space available

  • LED under-cabinet lighting to worktops

Bedroom

  • Fitted carpets

  • Electric Heating with flat panel heaters

  • Central pendant lighting

  • Fitted wardrobes to primary bedroom (2&3 bed only)

Bathrooms & en-suite

  • Premium sanitary ware

  • Walls fully tiled to bath areas

  • Main bathrooms – WC, wash hand basin, bath with overhead shower and screen. Full-width wall mounted mirror above sink

  • En-suite bathrooms with WC, wash hand basin with full-width wall mounted mirror, shower cubicle

General

  • 10 year structural warranty

  • Secure environment with electronic access control including intercom with CCTV linked to each apartment

  • CCTV to car park, external grounds and internal communal areas

  • Communal satellite dish and distribution to each apartment –subscription required for pay-to-view channels

Walk

Downtown Manchester    6 mins

Exchange Quay                  10 mins

Ordsall Park                        15 mins

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Drive

Deansgate Train Station   4 mins

Exchange Quay                  4 mins

Market Street                      10 mins

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Train

Manchester Picadilly   5 mins

Salford Central             16 mins

Manchester Airport      29 mins

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Cycle

Co-op Food - Salford    1 mins

Ordsall Park                   5 mins

Deansgate Station         7 mins

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Further Information
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