Caxton Hall was built in 1904 for the Typographical Society of Manchester and has served as a commercial building ever since. The developer has been granted planning permission to redevelop the building into 23 residential apartments whilst retaining its period features and visual charm. The development represents a unique opportunity to invest in Manchester’s growing rental market which offers the highest property investment yields in the UK (hsbc - 2016). Average investment yields in Manchester are 55% higher than London and average property prices are increasing yearon- year. The apartments at Caxton Hall will offer a high-quality specification for discerning tenants & residents along with monitored CCTV surveillance and intercom entryphone system.
The apartments on offer at Caxton Hall have been designed for the young professional market in Manchester. Each apartment will feature a spacious combined kitchen and living area with premium finishes and furnishings to create a truly premium product. Several key economic developments in Manchester have created an increase in demand for central, well-furnished accommodation for young professionals for which the apartments at Caxton Hall are perfectly suited.
All apartments will offer: - High-end design - Hand made fitted kitchens - Fully integrated Baumatic appliances - Flexible storage arrangements - Luxury furniture packs (optional) - En-suite white bathroom suites with - chrome taps and mixers - Oak effect flooring in kitchen - Carpet in bedroom and living space
More people and businesses are flocking to Manchester than any other city in the UK, creating demand for an impressive catalogue of new property investments across the city. Developments that are currently in the works include the ambitious Northern Gateway regeneration project and a £1bn expansion to MediaCityUK, providing more production space alongside a new hotel and more than 1,400 new homes.
Manchester offers the highest investment yields compared to other UK cities, even beating London by an average of 55%. A recently-signed devolution deal gives the city more economic power and will lead to a further collection of strong opportunities. With a high profitable return and lower operation costs than other cities, Manchester truly is becoming an investment hotspot to take advantage of. With an increasing population and more projects in the pipeline, Manchester is becoming one of the fastest growing cities.
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