This property is no longer on the market
2 bedroom apartment
Key information
Property description & features
- NEW DEVELOPMENT
- STRONG TENANT DEMAND
- 1, 2, 3 BED AND DUPLEX APARTMENTS AVAILABLE
- PRIME LOCATION
- HIGH SPECIFICATIONS THROUGHOUT
- STRONG YIELDS
- CLOSE PROXIMITY TO EVERYTHING MANCHESTER AND SALFORD HAVE TO OFFER
- LUXURY FINISH THROUGHOUT
A stunning new vibrant community situated In the heart of Salford and Manchester, perfect for those who desire a life that is beyond normality. This exquisite development is perfectly located a short commute from everything that the cities have to offer.
THE APARTMENTS
This is a quality, contemporary building minutes from everything that both cities have to offer which is designed to surpass high expectations – the perfect work-hard-play-hard home in the city centre. Far more than a place to rest your head, it is the ideal modern home where the extraordinary comes as standard.
All apartments have been designed in a manner that will reflect your desired lifestyle. Bespoke designs paired with a high-quality specification elevates the apartments to luxury status, significantly surpassing the competition.
The Residents' needs are at the heart of each home. The apartments boast an open-plan layout, floor to ceiling windows and strategically designed lighting schemes, presenting a living environment that caters to both health and wellbeing.
The fittings, fixtures and furnishings are carefully selected by an expert team in interior design who will help to create a sophisticated and stylish home.
MANCHESTER
STUDENT COMMUNITY
With around 100,000 students in the city, Greater Manchester is home to one of the largest students communities in Europe. Students flock to Manchester from all over the globe, with international students from almost every country on Earth living here.
Additionally, Manchester has a fantastic graduate retention rate. Over half of all higher education leavers decide to stay in the city, creating great opportunities for buy-to-let investors interested in renting to young professionals
ECONOMY
Europe's second-largest cluster of creative/ media businesses
Home to the £28.5 million Cancer Research Centre – one of the UK's most innovative medical research facilities
A world renowned education sector, with a 105,000 student population as well as a graduate retention rate of 51%, for instance.
Oxford University economists predict that job growth in the city will exceed many international capitals including Paris, Berlin and Tokyo.
Many UK businesses are 'Northshoring' to Manchester. This is expected to create 55,000 new jobs by 2025. Additionally, adding £19 billion Total Gross Value to the economy and increase residents' disposable income by 28%
PROPERTY MARKET
Since 2015, house prices in Manchester have increased by 32.5% and are set to grow by another 22.8% by 2022. Average rental yields in Manchester are currently reaching as high as nearly 8% in the M14 and M11 postcodes.
Manchester has undergone 7% population growth during the previous decade, reaching over 2.7 million in 2019. Furthermore, Manchester's population is expected to increase consistently over the next few years, reaching more than 3 million by 2035. This has led to high demand for housing in a city without enough supply.
INVESTMENT CASE
Since 2018, Manchester has successfully achieved a higher rental and higher price growth than the average in the UK. As a result of this, you should achieve some of the UK's highest short and long-term property investment returns.
The city Is experiencing a significant undersupply, with Manchester's population rising at 15 times the rate new homes are being built, resulting in City Centre apartments getting up to 10 enquiries per property and some are tenanted within one hour, meaning now is the perfect time to invest in Manchester.
Manchester's property market also holds an impressive history; with property price growth in Manchester exceeding the UK average for five consecutive year, from 2013-2018. Within the 12 months to June 2018 alone, the average property values in Manchester increased by 7.4%, and within six years between November 2011 and November 2017, prices of apartments increased by 51%.
Even though the pandemic impacted the UK's housing market, Manchester has remained a hotspot for property investment. Despite the property market freezing during lockdown, Manchester is still expected to record a house price growth of 4.1% during 2020, as opposed to the UK average of 2.9%
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*DISCLAIMER
Property reference 102866005273. 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 provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by North Property Group - Manchester.
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Broadband availability and predicted speed
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Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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