484 purpose built residential apartments, choice of 1-3 bedrooms
Breathtaking views, swimming pool & Royal Garden
Full management options, anticipated 7% gross yield
City centre location, excellent capital appreciation
Spotblue.com is delighted to offer these purpose residential apartments for sale in the centre Manchester, offering excellent on-site facilities with an anticipated 7% gross yield and excellent capital appreciation.
What is the area like?
Manchester is a city located in north-west England and boasts unstoppable growth, there has never been a more exciting time to invest in Manchester. It is the UK’s second-largest economy which is rapidly expanding with multi-billion-pound investment in business, infrastructure and transport is flowing into the city, both domestically and globally.
Huge multinational corporations, such as the BBC, have already relocated away from London to Manchester.
The city is also one of the main destinations for the 292,000 people that permanently moved away from London in 2016 and as Manchester’s population continues to soar, so does the demand for real estate – directly impacting investor returns.
With projections pointing to continued strong property performance in the coming years, investors can enter the market at the very start of a long, sustained period of growth.
The current population is 2.55 million including the Greater Manchester area. As a bonus, it is just 200 miles from London which only takes 2 hours by high speed direct train links.
Manchester has a long history and boasts many historical treasures. It is home to Art, Science, music, culture, world class cuisine and has thousands of shops, bar, cafes, restaurants and amenities to rival any city.
Where are the apartments?
These apartments form part of an exciting new neighbourhood in the south western part of Manchester city centre. Podium level retail outlets will be established here and become one of Manchester’s most exciting new leisure hot spots; a place to meet, eat, drink and relax, as well as being a place to call home.
They are situated close to the city’s main transport routes, within walking distance of Manchester’s key economic hubs and vibrant leisure attractions.
These homes offer the benefits of city centre living with none of the congestion and with easy access in and out of the city.
What are the apartments like?
This purpose built residential apartment tower is the latest addition to this new community of iconic structures on the city’s skyline. It offers stunning apartments and luxurious facilities that make it one of the most desirable places to live.
There is a choice of one and two bedroom apartments as well as two and three bedroom duplex apartments that range in size from 55 square feet to 140 square metres.
The two-bedroom apartments are among some of the best investment opportunities in a tower with an 81% growth over five years predicted, these properties are among the most desirable for tenants and can offer investors some of the highest level of returns.
This increasing demand for two-bedroom apartments in the city centre is the reason why Manchester City Council is making it a priority for all new residential developments to provide a high proportion of two-bedroom apartments. For investors, it means that their investment will remain attractive to the widest segment of the rental market.
Why invest in Manchester?
These properties are predicted an above-average growth forecasted with a low deposit amount and an exclusive developer payment plan available.
Investors can buy a property is this tower with as little as a 20% deposit and enjoy 20% capital growth over the build period.
Take your place in this groundbreaking development and own real estate in a building that will become one of the most iconic on Manchester’s skyline.
UK property is one of the world’s strongest investments, with high returns and a proven track record of growth; it’s an asset famed for its stability and security.
The city’s population is rising at 15 times the rate new homes are currently being built, and there is up to 10 enquiries for every city centre apartment with some properties tenanted within one hour of becoming available.
By 2022, residential housing delivery in Manchester will meet just 25% of annual demand; no other city centre residential property market is delivering the highest level of returns investors are currently enjoying in Manchester. Finally, capital appreciation for the 12 months to June 2018 totalled 7.4%, versus a national average of 4.6%.
One bedroom apartments, from 55 square metres, priced from £301,000.
Three bedroom duplex apartments, from 140 square metres, priced from £530,000. (Click here: UKMANA149)
Two bedroom apartments, from 83 square metres, now sold out.
- Floorspace: 55m2
- Distance from the airport: 15 minute drive
- Nearest airport: MAN - Manchester
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