1 bed flat for sale Heritage Apartments, Gloucester Rd, Manchester M1
- Manchester Oxford Road0.1 miles
- St Philip's Church of England Primary School0.3 miles
- Deansgate0.3 miles
- St Wilfrid's RC Primary School0.5 miles
Features and description
- Brand New Residential Conversion Development
- Ideal M1 Postcode
- 6% Rental Returns
- Stunning Views over the Canal & City Centre
- Energy Efficient Design
One of the most ambitious and exciting new property invest projects, this development is located in the heart of Central Manchester.
When you consider this unique combination of central proximity, travel convenience, iconic stature, modern luxury specification, lifestyle choice and value, you ll agree this is the right spot from which to join Manchester educated, vigorous city-dwelling community.
• Brand New Residential Conversion Development
• Ideal M1 Postcode
• 6% Rental Returns
• Stunning Views over the Canal & City Centre
• Energy Efficient Design
Regeneration & Imbalances = Opportunity
The wide consensus of opinion among informed, published property commentators is that, from an investment perspective, Manchester now represents the kind of opportunity that for several decades, (until recently) could only be found in London.
As London residential investment property prices have peaked (and are even contracting in some areas) it is Manchester that is taking on the ‘hot spot’ mantle. The smart money is moving to Manchester.
Manchester buy-to-let sector is seeing capital growth around the 7-8% mark with very healthy demand for inner city accommodation, against a backdrop of high and increasing rental yields.
As a result, new residential property is under construction in the centre on a huge scale. The inner city residential villages of Spinningfields, Castlefeild and the £650m Salford Quays have been extremely successful and massive investment is already in progress, as a glance at the city skyline attests.
Manchester has seen hundreds of millions of pounds worth of regeneration investment in recent years and is now the centre of the Government Northern Powerhouse initiative.
The Northern Powerhouse is an attempt to bring the economic health of the UK major Northern population conurbations more into line with the capital. Too much emphasis has been placed by respective governments on the economic development of London and the South East over recent decades and serious imbalances have occurred. Spontaneous market forces are working in parallel with concerted public sector action to address this problem.
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