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Property Listing Details

Property details

  • 1 bedroom
  • 1 bathroom
  • 1 reception room

Features

  • Leasehold
  • 2 Min Walk to Arndale (City Centre)
  • Regeneration Area
  • Discounted Prices
  • Hi-Spec Design
  • Built by an Experienced Developer

Listing view statistics

Last 30 days: 44 page views

Since listed: 44 page views

Description

Brooklyn Loft Apartments
For Investment Purposes Only; No Help to Buy Scheme Available

The Brooklyn Lofts offer an exciting opportunity to invest in the transformation of one of Manchester's heritage buildings into cutting edge, 21st Century living spaces.

Located on Mason street in the historic New Cross neighbourhood which is currently undergoing an regeneration as the last area to be reinvigorated in the city centre with huge scope for capital appreciation as the regeneration progresses.

Investment Overview

• 2 Min Walk to Arndale (City Centre)
• Regeneration Area
• Discounted Prices
• Hi-Spec Design
• Built by an Experienced Developer

Manchester Property Market

A structural shift in the UK property market away from the tradition of buying over renting has now resulted in owner-occupied property falling to its lowest ever percentage of the total UK property market.
The young professionals of ‘Generation Rent’ are happy to spend an average 15 years of their life in rental property.

It is predicted that by 2032, more than half of UK homes will be rentals. One of the main factors driving this shift is the increase in house pricing.

According to Jones Lang Laselle, there will be a 26.4% increase in Manchester house prices in the next 5 years. It is no wonder young professionals would prefer renting.

The growing population and increasing affluence has meant a strong demand for quality city centre rental properties. However, this has been met by a structural under-supply of properties for this rising population.

Computer Generated Images for Illustration Purposes Only

Sizes listed are approximations. Please contact the agent to verify actual sizes

Contact Us Today for a Free Consultation< /b>

You could get

Superfast broadband Superfast broadband

Up to 80 Mbps (Source: Ofcom)

Map & Nearby

Local Amenities

  • Manchester Victoria 0.4 miles
  • Manchester Piccadilly 0.7 miles
  • King of Kings School 0.2 miles
  • St Patrick's RC Primary School 0.3 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Manchester Victoria 0.4 miles
  • Manchester Piccadilly 0.7 miles
  • King of Kings School 0.2 miles
  • St Patrick's RC Primary School 0.3 miles

Market stats

Sale activity

Average estimated value for a flat in M4:

  • £202,504
  • Price increase

  • £7,297
  • (3.738%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £217,446
  • Properties sold

    154

Rental opportunities

Looking for an investment? The average rent for a 1 bedroom flat in M4 is currently:

£841 pcm

Recent sales nearby

See all recent sales in M4
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Estimated running costs

Based on available 3rd party data

Mortgage calculator

£ per month

How much could I borrow?

In partnership with

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

The Agent

Price history

Sold prices provided by Land Registry
26th Mar 2020 £166,920 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by Alesco Investment Properties. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Alesco Investment Properties for full details and further information.