No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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This property is no longer on the market

1 bedroom apartment

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Apartment
1 bed
1 bath

Key information

Tenure: Ask agent
Council tax: Ask agent
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
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Property description & features

  • Manchester city centre
  • High specifications throughout
  • Strong yields
  • New development
  • Various nearby amenities
  • Prime location
  • Strong tenant demand
  • Luxury finish throughout
PROPERTY INVESTMENT OPPORTUNITY  

An apartment in this development is an incredibly secure investment in the heart of Leeds City Centre. A property at this development will produce a high rental income and strong capital growth prospects.  

MANCHESTER  

STUDENT COMMUNITY  

With around 100,000 students in the city, Greater Manchester is home to one of the largest students communities in Europe. Students flock to Manchester from all over the globe, with international students from almost every country on Earth living here.

Additionally, Manchester has a fantastic graduate retention rate. Over half of all higher education leavers decide to stay in the city, creating great opportunities for buy-to-let investors interested in renting to young professionals 

ECONOMY  

Europe's second-largest cluster of creative/ media businesses
Home to the £28.5 million Cancer Research Centre – one of the UK's most innovative medical research facilities

A world renowned education sector, with a 105,000 student population as well as a graduate retention rate of 51%, for instance.
Oxford University economists predict that job growth in the city will exceed many international capitals including Paris, Berlin and Tokyo.
Many UK businesses are 'Northshoring' to Manchester. This is expected to create 55,000 new jobs by 2025. Additionally, adding £19 billion Total Gross Value to the economy and increase residents' disposable income by 28% 

PROPERTY MARKET  

Since 2015, house prices in Manchester have increased by 32.5% and are set to grow by another 22.8% by 2022. Average rental yields in Manchester are currently reaching as high as nearly 8% in the M14 and M11 postcodes.

Manchester has undergone 7% population growth during the previous decade, reaching over 2.7 million in 2019. Furthermore, Manchester's population is expected to increase consistently over the next few years, reaching more than 3 million by 2035. This has led to high demand for housing in a city without enough supply 

INVESTMENT CASE  

Since 2018, Manchester has successfully achieved a higher rental and higher price growth than the average in the UK. As a result of this, you should achieve some of the UK's highest short and long-term property investment returns.

The city Is experiencing a significant undersupply, with Manchester's population rising at 15 times the rate new homes are being built, resulting in City Centre apartments getting up to 10 enquiries per property and some are tenanted within one hour, meaning now is the perfect time to invest in Manchester.

Manchester's property market also holds an impressive history; with property price growth in Manchester exceeding the UK average for five consecutive year, from 2013-2018. Within the 12 months to June 2018 alone, the average property values in Manchester increased by 7.4%, and within six years between November 2011 and November 2017, prices of apartments increased by 51%.

Even though the pandemic impacted the UK's housing market, Manchester has remained a hotspot for property investment. Despite the property market freezing during lockdown, Manchester is still expected to record a house price growth of 4.1% during 2020, as opposed to the UK average of 2.9% 

ENQUIRE WITH NORTH PROPERTY INVEST  

Places of interest

    North Property Group are one of the few remaining independently owned sales, lettings and investment agents in England. This allows us  to work exclusively for the benefit of our clients helping them to buy, sell, let or rent properties across the UK.

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    *DISCLAIMER

    Property reference 102866004815. 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 North Property Group - Manchester.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    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

    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

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.