Studio Flat For Sale, Manchester Water, Manchester M16

Description

**brand new development** great location** proven developer** stunning river views** beautiful specification** completion Q2 2024** 2 phases already sold out, now selling phase 3** 6 minute tram to city centre**

X1 developments

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.

Investment in manchester

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 highlights

Excellent developer with proven track record
Outstanding specification and waterfront location
Parking available
1 minute walk from the new metro link tram stop
On site gym and concierge
Below market value

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Studio Flat For Sale £139,995 Manchester Water, Manchester M16

Studio Flat For Sale £139,995
Manchester Water, Manchester M16