This property is no longer on the market
- 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
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 International - Marsh Wall
The South Quay Building, 77 Marsh Wall Canary Wharf E14 9SH
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Property reference CAN202203. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Ernest-Brooks International - Marsh Wall. Please contact the property advertiser directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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