The Bank

The project itself is being delivered by a highly regarded developer who specialises in conversion projects. They deliver very luxury specification and will manage property for you come completion. You will need 5,000 GBP to reserve, 25% in 30 days’ time and then the balance on completion next year. To get apartments in a popular part of Manchester for under 120,000 GBP is very rare and these will sell fast. Stretford is close to both urban lifestyles and a slower paced rural setting too given its proximity to the city centre and also many canal and woodland walking routes. The area is a very popular place to live and raise a family with demand for both sales and rental far outstripping supply.

WHY INVEST IN MANCHESTER?

Manchester does have a big supply issue, partly due to nothing being built between 2008-2012 in the city centre, but also due to the ever-growing demand for city centre properties. It is anticipated that by 2025 the population of Manchester City Centre will increase by 125,000. Manchester is part way through a multi-billion pound regeneration scheme, improving all areas of the city centre, airport, and general infrastructure – including the iconic Spinningfields – the luxury destination home to over 165 world class financial and commercial services organizations, shops and restaurants. Manchester is also incredibly well connected to local, national, and international destinations through an impressive infrastructure system. Manchester has 3 train stations to serve visitors and workers from outside of the city, but also visitors from other northern destinations such as Sheffield and Liverpool, along with international visitors from across the globe at Manchester International Airport – currently undergoing a £1bn expansion plan that will increase visitors to over 50m annually by 2024. 80 FTSE 100 companies based in Manchester 1.2m International visitors in 2016, the 3rd highest in the UK 25m, the number of passengers at Manchester Airport increased by 11% to over 25 million Manchester’s population growth is 3 times the national average 5.4% GVA growth rate, compared with the UK average at 2.6%

PAYMENTS
Reservation Fee: 5,000 GBP
1ST payment: 25% Down Payment
2nd payment: Balance on completion
Mortgage: Mortgage available subject to checks.

RENTAL YIELDS & OTHER OPTIONS
1 bedroom apartments
2 bedroom apartments
6% Rental Yields