3 Manchester Properties with great Savings during the Stamp Duty Holiday

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    With the stamp duty holiday now in full swing there is no better time to take advantage of property investment opportunities in buy-to-let hotspots like Manchester.

    The stamp duty scheme means investors will no longer have to pay stamp duty land tax (SDLT) on property purchases up to £500,000 until March 31st 2021. Only the 3% surcharge for property investors will still be applicable.

    With Manchester continuing to be a top choice for investors even following the coronavirus pandemic, here are three of the city’s best property investment opportunities during the stamp duty holiday.

    Northill Apartments at Fortis Quay – property investment opportunities

    With the last few remaining units just released, there is only limited availability to invest at Northill Apartments at Fortis Quay. This development is located in the vibrant Manchester area of Salford close to the city centre and just a short walk to MediaCityUK.

    The luxury apartments here are thoughtfully designed and finished with high quality fittings throughout. The development also features top-class amenities, including an onsite gym, concierge service, communal areas, bicycle storage and 20 parking spaces

    Apartments priced between £109,995 and £499,995

    The stamp duty you would have paid: Up to £30,000

    The 3% stamp duty surcharge: Up to £15,000

    What you will save: Up to £15,000

     

    No 1 Old Trafford

    Another fantastic investment opportunity in property with excellent savings during the stamp duty holiday is No 1 Old Trafford.

    Due to complete in Q2 2021, this development boasts excellent amenities including rooftop gardens, indoor communal space and concierge service.

    There is a mix of apartments designed to appeal to a range of residents. There’s something for everyone. Each unit features floor to ceiling windows and modern designs including contemporary décor and external metal doors with a powder bronze metallic finish.

    Just a stone’s throw from Old Trafford Football ground, located next to the new Wharfside tram stop and close to MediaCityUK, No 1 Old Trafford is in a great spot for an investment opportunity in property.

    Apartments priced between £170,000 and £375,500

    The stamp duty you would have paid: Up to £20,040

    The 3% stamp duty surcharge: Up to £11,265

    What you will save: Up to £8,775

     

    Manchester Waters Phase III

    X1 Manchester Waters Phase III is one of the last remaining large-scale developments available on the Manchester waterfront. It forms part of a wider regeneration project. This is transforming the Pomona Island docks into one of the most desirable areas of Manchester.

    Appealing to young professionals and families, apartments here provide a secure investment opportunity in property that will be in high demand. Each apartment comes with a high quality bathroom and kitchen. It’s stylishly designed throughout.

    Amenities include an onsite gym, concierge service, bicycle storage and residents lounge. Parking spaces are also available and the building is just a 1 minute walk to the new tram stop.

    Apartments priced between £119,950 and £244,995

    The stamp duty you would have paid: Up to £9,750

    The 3% stamp duty surcharge: Up to £7,350

    What you will save: Up to £2,400

     

    Invest today- property investment opportunities

    To find out more about any of these property investment opportunities in Manchester, or to see what else is available, contact the property experts at North Property Group today.

    Call Us:
    Leeds: +44 (0) 113 4264 444
    Manchester: +44 (0) 161 2449 060

    Or Request A Call Back


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