1 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold (250 years remaining)
- Luxury apartments in Manchester City Centre
- Excellent quality of finish and spec of apartments
- Excellent on site amenities
- Cash buyers only
- 7% Net return for three years
- 5 minutes walk from Manchester City Centre
- Secure underground parking available
- Fully managed investment, managed by a leading management company
"ATTENTION INVESTORS"
The Residence Manchester is located on the edge of the city's centre and occupies a prominent position within the stunning new £400 million Greengate Masterplan Project.
Upon completion, the development will be one of the tallest residential buildings in the city, making it a highly desirable choice for tenants. The regeneration of Greengate is expected to unlock £400 million of investment over the next 15 years. The area will be characterised by its outstanding architecture, high quality public spaces, urban art and a distinctive waterside frontage.
Overlooking the River Irwell, the landmark £70 million project will see 300 apartments built across two towers; one comprising 33 storeys and another of 14.
KEY FEATURES:
- Prime waterfront development
- One bedroom, two bedroom and three bedroom fully managed apartments
- Exclusive array of leisure and lifestyle facilities
- Walking distance to Manchester city centre
- Close to key transport hubs with Manchester Victoria Station and Deansgate just five minutes away
- Walking distance from Spinningfields - Manchester's prime business and leisure district
- Outstanding Growth Potential
- Well positioned to capitalise on the continued regeneration and expansion of Manchester's City Centre
- Key part of a wider plan to regenerate Manchester waterways and a key catalyst for growth
INVESTMENT SNAPSHOT:
- Exclusive Riverside Residence
- 1, 2 and 3 bedroom apartments
- Prices From 158k GBP
- 10 Minute walk into Manchester City centre
- Fully managed from completion by Urban Bubble
- Assured 3 year Net 7 % pa Rental Yields from completion
- 250 Year Lease
- Huge scope for capital appreciation -16% capital uplift forecast upon completion
ON SITE AMENITIES:
- Golf simulator
- Full service Concierge
- High tech gymnasium
- Restaurant
- Reception Area
- Secure underground parking
Places of interest
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*DISCLAIMER
Property reference AVV3BhZ8JuQ. 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 Opulent Investments - Opulent Investments.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on December 16, 2021
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on December 22, 2021
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
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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