No longer on the market
This property is no longer on the market
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Map1 bedroom apartment
Apartment
1 bed
1 bath
Key information
Features and description
- Gorgeous apartment
- Estimated yields up to 5%
- New development
- Fantastic location
- One, two and three bed apartments
- Located near mediacityuk
- On site amenities
- Great specification
- Breathtaking views of manchester and salford quays
- Large tenant demand
OVERVIEW
This is an exciting new development, which looks to contribute to the already incredible Manchester Skyline.
The development is situated alongside cafes, restaurants, retail and office spaces as well as other residential spaces, thus establishing a sense of community. The development stands at 13 stories tall, offering mesmerising views of Manchester City centre and the Salford Quays.
This development presents an exciting opportunity to invest in the forever growing city of Manchester
GREAT LOCATION This development sits just a stones throw away from the iconic MediaCityUK, in the great Salford Quays. MediaCityUK is home to the likes of BBC, ITV and Kellog's. This new fantastic development sits within reach of this and the luxury enables this development to fit right in.
FANTASTIC AMENITIES This development boasts a number of amenities, such as a residents wi-fi lounge, a 24 hour concierge system, landscaped gardens as well as restaurant outlets.
GREAT SPECIFICATIONS
KITCHENS Each Kitchens are fully fitted with fully integrated appliances alongside an electric oven and hob. As well as this, each kitchen comes with full height fridge/freezers, an extractor unit and a dishwasher.
COMMUNAL AREAS The development will offer a variety of communal areas such as a secure electronic fob operated entry system as well as lift access to all floors. The main communal entrance area is finished with tiled flooring and offers high quality furniture within the seating area. Each corridor is finished by quality carpet flooring as well as the development boasting an onsite management office
MANCHESTER
THE EPICENTRE OF THE NORTHERN POWERHOUSE The Northern Powerhouse is a government initiative to better connect the core cities of the North through a £7Billion investment. The initiative has helped to position Manchester as a now-thriving cosmopolitan city built upon an industrious legacy.
The city has emerged as a natural choice for investment outside of London. Between 2012 and 2024, Manchester will boast 43,000 net new jobs which is a much higher rate of growth than elsewhere in the UK, which, in turn, will contribute £67Billion to the GVA
ECONOMY The Manchester region is one of the most economically diverse inside the UK. It is the main driver of the Northern economy, generating nearly 40% of total output(GVA) in the North West and 19% across the whole North of England. Currently, around 1.4million jobs are provided within Greater Manchester. The economic forecasts predict an increase of up to 180,000 jobs by 2037.
Employment opportunities are largely focused around the city centre and adjoining areas such as Salford Quays which combined, account for 20% of jobs. Baseline economic trends indicate that the majority of employment growth would be in Salford, Manchester and Trafford.
CONNECTIVITY/TRANSPORT LINKS Manchester is positioned at the heart of the UK's revolutionary HS2 high speed rail development. The city already benefits from excellent rail links to key UK hubs and soon, journey times will be greater reduced.
The HS2 will ensure that by 2032-2033, London will be reachable within just up to an hour journey time from Manchester. Also, the city's new extensive tram network will open up the surrounding areas and beyond with a wide range of Hub rail investment proposed.
Manchester airport is the largest airport outside of London. As a global hub, Manchester provides its 23.5million passengers with direct flights to 225 destinations, including all of the world's most important cities. It carries over 60% of air passengers in the North to over 200 destinations such as Beijing and Honk Kong to name but a few
EDUCATION Manchester has one of the largest student populations across the whole of Europe, boasting a population of over 100,000 students. Manchester also has one of the largest volumes of international students at 26,000 and a graduate retention rate of 51% which is second only to London in the UK. These contributing factors bode well for a high, strong rental demand.
PROPERTY MARKET A structural shift away from the tradition of buying over renting has now resulted in owner-occupied property rates in the UK falling to its lowest ever percentage of the total property market. The young professionals of 'generation rent' are happy to spend an average of 15 years of their life in rental properties and it is expected that by 2032 more than half of UK homes will be rentals.
Much of the residential development that has taken place since recovery from the 2008 recession has formalised the rental market to respond to the UK population now typically renting for longer. First time owner-occupiers are now on average, 2 years older than they were 2 10 years ago. Manchester has recognised the need for a high-quality rental sector to meet demands of these changing lifestyles and is operating as the centre of the UK rental revolution.
There has been more investment into the private rental sector in Manchester from institutional and professional investors than in any other UK city. This Is largely due to the city's favourable demographics coupled with the current 98.5% occupancy rates. As such, despite a short period without any change in 2021 due to COVID-19, the rental price growth is expected to make a healthy jump in 2022 followed by consistent increases accumulating to 14.2% by 2025.
ENQUIRE WITH NORTH PROPERTY INVEST
This is an exciting new development, which looks to contribute to the already incredible Manchester Skyline.
The development is situated alongside cafes, restaurants, retail and office spaces as well as other residential spaces, thus establishing a sense of community. The development stands at 13 stories tall, offering mesmerising views of Manchester City centre and the Salford Quays.
This development presents an exciting opportunity to invest in the forever growing city of Manchester
GREAT LOCATION This development sits just a stones throw away from the iconic MediaCityUK, in the great Salford Quays. MediaCityUK is home to the likes of BBC, ITV and Kellog's. This new fantastic development sits within reach of this and the luxury enables this development to fit right in.
FANTASTIC AMENITIES This development boasts a number of amenities, such as a residents wi-fi lounge, a 24 hour concierge system, landscaped gardens as well as restaurant outlets.
GREAT SPECIFICATIONS
KITCHENS Each Kitchens are fully fitted with fully integrated appliances alongside an electric oven and hob. As well as this, each kitchen comes with full height fridge/freezers, an extractor unit and a dishwasher.
COMMUNAL AREAS The development will offer a variety of communal areas such as a secure electronic fob operated entry system as well as lift access to all floors. The main communal entrance area is finished with tiled flooring and offers high quality furniture within the seating area. Each corridor is finished by quality carpet flooring as well as the development boasting an onsite management office
MANCHESTER
THE EPICENTRE OF THE NORTHERN POWERHOUSE The Northern Powerhouse is a government initiative to better connect the core cities of the North through a £7Billion investment. The initiative has helped to position Manchester as a now-thriving cosmopolitan city built upon an industrious legacy.
The city has emerged as a natural choice for investment outside of London. Between 2012 and 2024, Manchester will boast 43,000 net new jobs which is a much higher rate of growth than elsewhere in the UK, which, in turn, will contribute £67Billion to the GVA
ECONOMY The Manchester region is one of the most economically diverse inside the UK. It is the main driver of the Northern economy, generating nearly 40% of total output(GVA) in the North West and 19% across the whole North of England. Currently, around 1.4million jobs are provided within Greater Manchester. The economic forecasts predict an increase of up to 180,000 jobs by 2037.
Employment opportunities are largely focused around the city centre and adjoining areas such as Salford Quays which combined, account for 20% of jobs. Baseline economic trends indicate that the majority of employment growth would be in Salford, Manchester and Trafford.
CONNECTIVITY/TRANSPORT LINKS Manchester is positioned at the heart of the UK's revolutionary HS2 high speed rail development. The city already benefits from excellent rail links to key UK hubs and soon, journey times will be greater reduced.
The HS2 will ensure that by 2032-2033, London will be reachable within just up to an hour journey time from Manchester. Also, the city's new extensive tram network will open up the surrounding areas and beyond with a wide range of Hub rail investment proposed.
Manchester airport is the largest airport outside of London. As a global hub, Manchester provides its 23.5million passengers with direct flights to 225 destinations, including all of the world's most important cities. It carries over 60% of air passengers in the North to over 200 destinations such as Beijing and Honk Kong to name but a few
EDUCATION Manchester has one of the largest student populations across the whole of Europe, boasting a population of over 100,000 students. Manchester also has one of the largest volumes of international students at 26,000 and a graduate retention rate of 51% which is second only to London in the UK. These contributing factors bode well for a high, strong rental demand.
PROPERTY MARKET A structural shift away from the tradition of buying over renting has now resulted in owner-occupied property rates in the UK falling to its lowest ever percentage of the total property market. The young professionals of 'generation rent' are happy to spend an average of 15 years of their life in rental properties and it is expected that by 2032 more than half of UK homes will be rentals.
Much of the residential development that has taken place since recovery from the 2008 recession has formalised the rental market to respond to the UK population now typically renting for longer. First time owner-occupiers are now on average, 2 years older than they were 2 10 years ago. Manchester has recognised the need for a high-quality rental sector to meet demands of these changing lifestyles and is operating as the centre of the UK rental revolution.
There has been more investment into the private rental sector in Manchester from institutional and professional investors than in any other UK city. This Is largely due to the city's favourable demographics coupled with the current 98.5% occupancy rates. As such, despite a short period without any change in 2021 due to COVID-19, the rental price growth is expected to make a healthy jump in 2022 followed by consistent increases accumulating to 14.2% by 2025.
ENQUIRE WITH NORTH PROPERTY INVEST
About this agent
North Property Group has fast become one of the leading and most trusted property investment firms in the UK. The company has strong relationships with international property developers and are able to bring the best schemes to market for their clients. The company is trusted by investors across the globe to provide a tailored property investment service and in a short space of time has become the go to agent for property investments. Founded by Oli Banks and Tim Coen, North Property Group was launched to offer investors a range of property investment opportunities with high-returns and consistent security. The company provides an ethical and holistic approach to property investment and management by offering a full service package which includes expert advice on sourcing the best properties, providing information on the areas in the UK which have high rental demand and low supply, finding suitable tenants for the investment and managing the property via their strong lettings arm. Designed for both new and established investors, North Property Group is built on trust, integrity, quality and a wealth of experience. Whether you are looking to launch or build a thriving portfolio, North Property Group is attentive, proactive and committed to offering the best possible advice and service to its international client base. North Property Group have experience in lettings and property management, investment and re-sale properties. They can help manage and sell portfolios of any size across the UK. More information about North Property Group and reviews from its past and present investors can also be found on the industry review site, Trust Pilot.