Towering above Deansgate, this luxurious and ultra-modern skyscraper will be the latest addition to Manchester’s already gorgeous skyline. This staggering residential development is well-equipped with everything a tenant could want, from a state-of-the-art gym to a 24/7 concierge service. With 1 and 2-bedroom apartments available to choose from, the hot off-market property is the perfect opportunity for investors to establish themselves in the fastest growing city outside of London.
Prime Location in the Beating Heart of Manchester
This property is a dream for young professionals. The off-market tower is located in the beating heart of Manchester city centre. Bordered by Spinningfields, Manchester’s thriving business district, and the cultural haven of Chinatown, the area is brimming with excitement and enterprise.
Home to 105,000 students, Manchester has the best graduate retention rate outside of London, meaning swarms of graduates are looking for luxurious and well-linked properties. With both Deansgate and Manchester Oxford Road train station just a stones-throw away, this stunning landmark has unmatched transport links.
Following this with incredibly competitive prices and sizeable projected rental yields of 5%, this exceptional skyscraper will undoubtedly be the talk of the town.
- Prices From £265,000
- 5% Projected Rental Return
- Earn Minimum Projected Rental Income of £9,746 pa
- Prime Location in Manchester
- State-of-the-Art Facilities
- Full Management Provided
- Established Developer
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An Area in Demand
Deansgate is one of the most recognizable and popular areas in the entirety of Greater Manchester. Located in Manchester City centre, the area is steeped in history, with the name itself heralding from a bygone era of the Romans and Anglo-saxons.
With the iconic Deansgate Locks, Castlefield, and Beetham Tower all found within the region’s limits, Deansgate is the central link to all of the city’s major attractions and transport hubs. Coupling this with incredible designer shops, the area is an ideal spot to live.
But it’s not just Deansgate that is attractive about this off-market property. The skyscraper, built on a Grade 2 listed area, is nestled between some of the most bustling areas in the city. In what has been a hotspot for regeneration, the nearby Spinningfields has been touted as the Canary Wharf of the North. Named after a narrow street in Deansgate, this area was regenerated with a £1.5 billion development.
Manchester is a hub of excellence, and with major regeneration projects dotted about the city limits, it’s unsurprising 130,000 people live in the city centre.
The property is being developed by one of the most reliable developers in the business. With an outstanding completion rate, the developer has an expansive portfolio list with several high-quality developments. They are experts in the Manchester market and have an unbelievable track-record in completing projects on time. You can be rest assured to know your investment is in the hands of experienced and reliable developers.
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Fantastic Transport Links
Transport links in Manchester are impeccable. With Manchester Metrolink, the city’s extensive tram network covers 99 stops over 65 miles. Coupling this with multiple train stations, and two of the region’s biggest stations in Manchester Oxford Road and Manchester Piccadilly, access to all the city has to offer is at your fingertips.
Deansgate in particular has exceptional access to these transport links. The new skyscraper will be just four minutes away from Deansgate train station and the Deansgate-Castlefield tram shop. Equally, Manchester Oxford and Manchester Piccadilly are just a short hop away, with journeys as short as six minutes to get to the stations.
Commuting and access to leisure and entertainment has never been easier.
A Dream Place to Live
Manchester is one of the best hotspots in the entire North for leisure and entertainment. There are tonnes of activities to get up to in the city, from fantastic bars and restaurants in Deansgate, to acclaimed art-galleries and libraries. The nightlife in particular is heralded by many as fantastic.
Deansgate is ideally situated in Manchester. Located near the central retail district, which is brimming with designer shops, the new development is also found near Castlefield which has stunning canal-side dining.
Investing in Manchester real estate is one of the safest decisions you can make. According to the latest Savills five-year house price forecast, the North West is set to see a monumental growth of 28.8% by 2025. To put that into context, the UK overall will see a 21.1% growth, making the North West 7.7% higher than the national average. These figures are the highest out of any region in the UK, and are over double that in London, which has a predicted growth of 12.6%.
The North West is the place to be for buy to let investment.
This is an exciting off market investment opportunity that any investor would be wise to take advantage of.Sarah Roberts, RWinvest