Caxton Hall: Boutique Buy to Let Apartments
Caxton Hall represents a unique opportunity to invest in Manchester’s growing buy to let market. The city offers the highest property investment returns in the UK.
A building originally constructed in 1904 that has a traditional exterior, Caxton Hall has undergone a modern transformation internally, providing young professionals and workers looking to centralise themselves in the city with a prime location.
Caxton Hall is located close to the famous Lowry Hotel in Manchester city centre; the only five-star hotel in the city. It is also within walking distance, by crossing the River Irwell, from Manchester Deansgate, and less than 500m from Selfridges and Harvey Nichols. The Arndale Centre and the Royal Exchange Theatre are also less than 600m away.
The apartments at Caxton Hall offer a high-quality specification for discerning tenants and residents, along with monitored CCTV surveillance and an intercom entryphone system. Alongside fitted kitchen designs with integrated appliances and facilities, the apartments have efficient storage solutions that can meld around each individual tenant’s needs perfectly.
Transport options for those working in-and-around the city are also readily accessible. In between Salford Central Station and Manchester Victoria, the mobility the building provides in terms of getting around the city quickly is ideal.
- Prices from £120,000
- 9% Net Rental Return
- Manchester City Centre
- £8,750 minimum annual rental income for investors
- High-End Design
- Strong Developer Track Record
- Experienced Management Company
A vibrant and versatile city, Manchester is a great place to live, work and visit while also providing incredible opportunities for business growth. The city is a key business hub within the North West, and oversees the birth of multiple innovative and ambitious projects on an international scale. Manchester has everything that someone could possibly want from a thriving city, from business development to an entertaining lifestyle.
As a growing number of people begin to move to Manchester, the demand for high-quality apartment space, with quick and easy access to the many facilities and opportunities the city provides, is also improving as a result. Not only is it estimated that London is losing more than three people each day to Manchester, but the city has a huge student population, and many budding students will graduate into the city and want to continue to work there.
MediaCityUK is one of the major driving forces behind Manchester’s growing economy, job opportunity, and subsequent popularity. Home to many of ITV and BBC’s studios, it shows clearly the growing trend of companies shifting northwards in favour of a more affordable location and thriving creative atmosphere. This area is proving extremely popular among those looking to work in Manchester’s media hub.
Manchester’s high investment returns compared to the UK capital, London, are another motivating factor that make it an enticing location for investors. The city is continuing to grow momentum, and on average, rental yields are higher, house prices are lower, and the potential for capital growth is much more lucrative looking northwards.
The Northern Powerhouse city, regarded by many as the capital of the North, is beginning to bridge the gap in draw and opportunity between London and itself, and is a prime and exciting investment location worth considering.