2 bed Flat For Sale £248,995
**5 years 6% net return** outstanding specification** waterfront location** completing Q2 2022** one, two & three-bedroom apartments available** below market value** fantastic on-site amenities**
Overview
Manchester Waters Phase III is a significant part of the wider development underway on the Pomona Islands docks. This is regenerating an underutilised ex-industrial area and turning it into the most desirable residential destination on the Manchester waterfront.
Phase 3 of the development will complement Phases 1 & 2 and deliver large, bright waterfront apartments to the Manchester rental market; which are sure to appeal to young professional and family renters. Each apartment comes with a modern finish, a stylish bathroom and kitchen as well as being fully-furnished. In addition to the outstanding quality of the apartments; residents will be able to make use of the secure bicycle storage on-site. Also there will be parking available on selected units.
Perfect investment opportunty
Manchester Waters Phase III is one of the last remaining large-scale developments available on the Manchester waterfront. Another investment opportunity of this quality in a location as good as this will not come along anytime soon. So if you are looking for your next buy to let investment opportunity in Manchester make sure to enquire today for more information.
Manchester
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%
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.
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%.
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.
Overview
Manchester Waters Phase III is a significant part of the wider development underway on the Pomona Islands docks. This is regenerating an underutilised ex-industrial area and turning it into the most desirable residential destination on the Manchester waterfront.
Phase 3 of the development will complement Phases 1 & 2 and deliver large, bright waterfront apartments to the Manchester rental market; which are sure to appeal to young professional and family renters. Each apartment comes with a modern finish, a stylish bathroom and kitchen as well as being fully-furnished. In addition to the outstanding quality of the apartments; residents will be able to make use of the secure bicycle storage on-site. Also there will be parking available on selected units.
Perfect investment opportunty
Manchester Waters Phase III is one of the last remaining large-scale developments available on the Manchester waterfront. Another investment opportunity of this quality in a location as good as this will not come along anytime soon. So if you are looking for your next buy to let investment opportunity in Manchester make sure to enquire today for more information.
Manchester
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%
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.
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%.
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.
