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Flat for sale - 3 bedrooms
Time remaining on lease:
Council tax band:
In an Area of High Demand
State of the Art Facilities
Podium Level Retail Space
Residents Sauna/ Steam Room
6% Rental Returns
Experienced Management Company
Hi Rise Apartments
Breathtaking design. An icon on the skyline. The finest residential homes in the city.
This development will become one of the city’s most distinctive landmarks. A magnificent architectural achievement.
Inside are living spaces that raise the benchmark for quality in Manchester. Subtle design and elegant finishes merge to create premium, contemporary homes. Impressive communal facilities. Immediate access to expansive green space.
• In an Area of High Demand • State of the Art Facilities • Podium Level Retail Space • 6% Rental Returns • Experienced Management Company
UK Government makes Real Estate a Priority
Property will play an integral role in the UK government’s post-covid-19 strategy: • Prime Minister Boris Johnson pledged to “build, build, build” as part of his new economic plan for the country. — Some planning restrictions were eased in September, while new regulations will also allow more unused commercial buildings to be turned into residential properties.
• Chancellor of the Exchequer, Rishi Sunak, announced a stamp duty land tax (sdlt) holiday for property buyers until 31st March 2021 — Increasing the tax threshold for properties under gbp 500,000 is designed to prompt more people to buy homes before the end of 2020 and into 2021.
Build-to-Rent Apartments to Increase in Demand?
In April, Savills reported that the “coronavirus lockdown is unlikely to dampen investors’ growing appetite” for the build-to-rent residential property sector.
Purpose-built rental homes have become the modern city centre home of choice for millions of tenants across the UK in recent years.
And as many UK tenants now refocus their accommodation priorities following life in lockdown, build-to-rent homes may now appeal to more of the country’s rental population.
Strong 5-Year Property Price Growth Projections
Savills’ latest baseline projections – updated in September 2020 – forecast positive property price growth over the next five years, as the market rebounds from covid-19 in 2020
Manchester A High Growth, High Demand Investment Location
A city that’s attracting investment from across the world. Take just one look at the many cranes that are redrawing Manchester’s skyline right now and you realise that this is a city that’s growing.
A city with a young, expanding population. Home to elite universities and world-famous football clubs. A city with a first-class infrastructure, home to some of the UK’s biggest companies and the world’s largest multinationals. A city with big plans for the future. It’s also a city with one of the most in-demand – and undersupplied – property markets in the UK.
This is just the start of the growth cycle. With projections forecasting Manchester and the North West to drive UK price growth in the next five years and beyond, everything is in place for the city to remain one of the strongest places to buy property in the UK and Europe.
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For more information about this property, please contact Alesco Property North Limited, M3 on +44 161 506 6986 * (local rate)
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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Alesco Property North Limited, and do not constitute property particulars. Please contact Alesco Property North Limited for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.