Downtown – Manchester’s Most Exclusive Riverside Residence
Downtown is a prestigious “hotel-style” development located on the banks of the River Irwell and adjacent to the historic quarter of Castlefield, comprising of a range of one, two- and three-bedroom apartments.
The Manhattan-inspired development has been specially designed to exceed all expectations, enhancing the lifestyles of its residents. Downtown is Manchester’s premier residence with a host of high spec services, including a concierge, an onsite gymnasium and spa, a media room and communal roof garden as well as many other premium facilities.
- Prices from £146,250
- 5% Net Rental Return
- Located in Manchester
- Secure Underground Parking
- Spa & Gymnasium
- Communal Roof Garden
- Early Bird Offer: 5-10% Discount
- Experienced Management Company
Manchester & The Northern Powerhouse
Manchester is a distinctive and dynamic city that boasts a diverse economy. Over the years it has created a contemporary cosmopolitan environment, making it a great place to live, work and play. It is a leading European metropolis and a world-class city for both business and leisure. The city competes actively in commerce too. The Manchester economy is booming across a range of sectors, including financial & professional, manufacturing & engineering, health, retail, creative and digital as well as education.
It is also at the heart of the Northern Powerhouse. Leveraging the assets of the North, billions of pounds have been committed to improving transportation, property, health, education and the arts. This investment also includes £14 billion for HS2, which will reduce travel time from Manchester to London to approximately one hour.
In Manchester, capital growth of more than 18% is expected in the next two years. It is also the ideal investment location with the city’s rental occupancy currently at 98%. The regeneration and restoration of Manchester and the surrounding areas have meant that property prices are increasing, but so are rental demand and yields throughout the region. Major regeneration projects include; the NOMA regeneration project, Spinningfields, and St Johns. While some of these are already well underway, other projects are just getting started. These exciting projects are planned to pump millions of pounds into the city and add massive value to a property that surrounds the areas.
As a city, Manchester is a commuter town. This means that since there are so many towns and businesses on the doorstep, people tend to commute to work. Stations such as Manchester Piccadilly provides residents with services to London, Liverpool, Leeds and other major UK destinations. Essentially, this means job prospects aren’t limited to one city. Since public transport is so accessible, it means you can travel to work if you wish. However, living in Manchester may mean you don’t need to commute a long way to work. There are hundreds of large corporate brands and companies with their headquarters in Manchester. This includes the likes of BBC, LateRooms.com, and Thomas Cook Airlines.
With countless projects happening throughout the city, and a bright future ahead now is the time to take the leap and invest in a property in Manchester. Considering the current property market in Manchester, you can easily find success in your new venture and perhaps find a newfound love for Northern cities.