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From £149,000

No1 Old Trafford

  • From £149,000
  • Gross Yield: 6.4%
  • LTV: 80 %
  • In Construction
  • Est. Q4 2019
  • Lease Length: 250 Years

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  • Investment Highlights

    • Gross expected yields of up to 6.4%
    • Modern new build apartments
    • Next to future Wharfside Metrolink station
    • Stunning riverside setting & green communal area
    • 14 minute walk to MediaCityUK
    • Up to 70% LTV available (subject to criteria)
    • Excellent payment plan – 10% on exchange / 10% after 6 weeks / 80% on completion

    Amenities

    • Concierge
    • Roof Terrace
    • Parking
    • Residents Lounge
    • Lift
    • Communal Space
    • Retail Space
  • Property Description

    GBP 7 billion Northern Powerhouse Initiative

    Manchester is the core of the GBP 7 billion Northern Powerhouse initiative, which aims to boost business, infrastructure and culture in the north of England.

    Out of the six Northern Powerhouse cities, Manchester recorded the highest growth in GVA per head at 6.8% since the inception of Northern Powerhouse initiative. It also boasts the highest number of development plans with GBP 78 million funding for culture and leisure in the city.

    Location

    Ideally situated with close connections to Manchester’s key leisure and employment hubs, No.1 Old Trafford is a modern development which retains its residential appeal with a stunning riverside setting and spacious, green communal area.

    The development will be next to the upcoming Wharfside tram stop, providing fast and reliable access to the city and all of Manchester’s major shopping lifestyle and entertainment districts.

    With features such as a communal podium and roof terrace with views of the city and MediaCityUK, retail space on the ground floor, along with a 24/7 concierge, this development is set to be one of the most sought after in the city.

    Trafford Park

    Renowned for being the world’s first planned industrial estate, Trafford Park is the biggest industrial estate in Europe.

    Home to the world’s most illustrious businesses – including Kellogg’s, Unilever, L’Oréal, Adidas, Procter & Gamble, Amazon and Manchester United Football Club – Trafford Park is a large business park employing close to 40,000 people.

    Media City

    With a vision to establish itself as a world leader in innovation and creativity, MediaCityUK is a waterfront hub for the country’s digital and media industries, as well as a centre for leisure and learning.

    Employing over 7,000 people across 250 businesses, in a short seven years this regenerated port has established itself as a vibrant destination to work, live and play. It houses the largest studio complexes in Europe and hosts BBC, ITV as well as Bupa and the University of Salford.

    Metro Link

    Due to complete in 2019, the new Trafford Park line extension on the Metrolink was approved and backed by the Council to boost much needed public transport connections to over 1,300 businesses in Trafford Park and the Trafford Centre.

    Capital Appreciation

    Manchester’s house prices grew 6.6% on average from November 2016 to November 2017, outperforming the UK which grew on average by 4.7%.

    Prices are expected to increase, with JLL forecasting 22.8% growth from 2018 to 2022.

  • Property Address

    Manchester
    United Kingdom
    M17 1AB

  • Property Gallery

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Information

  • From £149,000
  • Reservation Fee: £2,500
  • Yield: 6.4%
  • LTV: 80 %
  • In Construction
  • Est. Q4 2019
  • Lease Length: 250 Years

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