Manchester is a great choice for property investors, and the Oxygen project is a huge investment opportunity and is one of the most exciting developments currently underway in the city. Led by renowned developers Alliance Investments and designed by distinguished architects 5Plus, this three-tower building is a breathtaking addition to Manchester’s skyline. Oxygen is a truly exciting opportunity for any property investor.
Manchester’s ‘Vertical Village’
Oxygen has been dubbed a ‘vertical’ village’ due to its wealth of world-class amenities available to residents. From a fully equipped modern gym, steam room and 25 metre swimming pool, to a cinema room and rooftop garden, it has really raised the benchmark in 5 star living. There will also be a 24 hour concierge service, valet parking and underground car and bicycle park for residents of Oxygen.
Gareth Russell, the development director for Alliance, has already seen these facilities attract a lot of interest from potential buyers. He said, “As Manchester’s first vertical village, the development will provide residents with a variety of luxury homes. As well as amenities and services that will create a sustainable and thriving community.
With a roof garden, allotments and spa it will create a sociable environment and lifestyle that will appeal to both young professionals and families looking to rent or buy.”
Finished to luxurious specifications the apartments themselves have quality fittings and well-designed layouts. Each residence will feature full height windows and balconies. This will let in natural light and give spectacular views of Manchester.
There are 345 one and two bedroom apartments as well as 12 townhouses at Oxygen Manchester. So there really is something to suit all needs. Standing at heights of 31, 15 and nine stories, these residences will be spread across three striking towers.
The location of Oxygen Manchester couldn’t be better. Within walking distance are the emerging Piccadilly Basin district, the bustling Northern Quarter and the newly redeveloped Piccadilly hub. Furthermore, there are great transport links too, with Piccadilly Station only 2 minutes away. Tenant demand for city centre living is high and buy-to-let investors will definitely benefit from Oxygen’s incredible location. Making Oxygen a great investment opportunity.
Prices for property at Oxygen start from £220,000 for a one bedroom apartment. £292,000 for a two bedroom apartment. Only £510,000 for a family townhouse. Property investors can expect 15% capital growth before completion and 6% rental yields. Completion is currently due for Q4 2020, so there isn’t long to wait to start seeing returns.