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Studio

New build
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Studio
0 bedroom
1 bathroom

Property features

  • Due for completion in Q2 2021
  • Manchester City Centre development
  • Redevelopment of existing building – Next to Manchester Canal
  • 35% deposit – 65% on completion
  • 7% guaranteed rental return, with 2-year rental guarantee
  • Fully managed investment
  • Service charge; £2.50 per sq ft
  • Ground rent; £250 per annum
  • Tenure; Leasehold 250 years

Property description

Great Ancoats Street is one of the latest developments from Manchester’s leading residential developer. The development is located between New Islington, Piccadilly Basin and Ancoats. Due to rapid growth in the area, prices are steadily increasing throughout Manchester city centre, making this development a highly profitable investment.

The Great Ancoats Street area was once the thriving centre of the country’s cotton industry. Not only is it home to intriguing
post-industrial architecture, but also some of the city’s most bustling restaurants, bars and cafes. Great Ancoats Street also benefits from being situated just 10-minutes’ walk to Manchester Piccadilly Train Station, easily connecting tenants to the rest of the UK. It is also close by to Manchester’s uber-cool technology hub and the likes of NOMA, which will offer hundreds of new jobs in business, technology and media.

Combining high-quality contemporary finishes and cutting-edge low-carbon technologies, this development is in huge demand from both tenants and investors. The building is being redeveloped into 43 high-specification studio and one-bedroom apartments, which will be highly suitable for both professionals and students. The use of modern, low-carbon
technologies means that Great Ancoats Street will be one of the city’s most energy efficient developments, with a benefit to investors of an enhanced rental yield and future-proof investment.

    Ernest-Brooks

    Ernest-Brooks International - Marsh Wall

    The South Quay Building, 77 Marsh Wall Canary Wharf E14 9SH

    Our team of consultants have years of unrivalled market knowledge that allows them to offer specialist real estate services for an international market, from lettings, sales, property management to new homes. While we offer traditional estate agent services such as; lettings, valuations, accompanied viewings, applicant referencing and property management, we excel in the field of assignment contracts and new homes. With headquarters in London and four offices globally, we can ensure maximum exposure for our clients properties and assets, allowing us to provide an unrivalled service based on honest and direct industry knowledge. With our forward thinking marketing strategy, we help our clients make informed and guided decisions regarding their investment goals.

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