From £275,000
Yield: 6%
In Construction
Est. Q2 2023
Lease Length: 250 Years
Ancoats Gardens is a high-end development that comprises of 155 one, two, and three bedroom apartments, boasting luxurious features and specifications. The apartments overlook Ancoats and N.O.M.A, with fantastic views of both of these iconic districts. The area also provides several transport links, making it the perfect hub for working residents.
Located in the cultural hub of Ancoats; the development benefits from great accessibility to the famous N.O.M.A area, as well as the bustling city centre. The development also boasts scenic rooftop gardens that overlook the city, one of many luxurious amenities.
As well as a range of private resident facilities, Ancoats Garden will also feature the highest specification finishes, with a contemporary design throughout the development that will set it apart from the competition. Units will feature Air source heat pumps with underfloor heating and Bosch integrated appliances among other contemporary design features.
Located in the popular, highly desired area of Ancoats, the prime location of the property coupled with the plethora of high-level amenities makes Ancoats Gardens one of the most sought after developments in one of the most exciting areas of Manchester.
Duplex Gym
Granite Worktops
Bespoke Luxury Furniture
Lift
Communal Area
Exposed Concrete Walls and Ceilings
In addition to having exclusive access to a variety of amenities and facilities, residents at Ancoats Gardens will be able to benefit from the luxury development’s prime location. Just 10 minutes from Manchester city centre, residents will be just minutes from all of the city’s hotspots, all while being part of the thriving Ancoats neighbourhood, which was voted one of the coolest neighbourhoods in the world by Time magazine.
Manchester’s economy is incredibly fast growing, with the city boasting an international airport, two world class universities, several relocations of businesses from London, it is no wonder that the housing demand is increasing each year. Additionally, properties in Manchester boast rental yields upwards of 6%, offering investors a secure and stable market to invest in.
The supply and demand issue in Manchester highlights the desirability of people to move to the city, with 11,000 new homes needed per year to satisfy the growing demand. However, the city is only managing 7,000 per year, leaving a shortfall of 4,000.
The best units currently available in this stunning project.
Reasons to choose Manchester
The growing demand for new homes is testament to Manchester’s resurgence as a global destination. The city has one of Europe’s largest student populations, with over 100,000 students, and a graduate retention rate of over 60%. The increasing number of young professionals choosing to call Manchester home is attracting more and more national and international companies, such as ITV and BBC in MediaCityUK and the likes of HP and BP basing offices in the city centre. By 2026, Manchester property prices are expected to grow by an incredible 24.3%, as the average monthly rental in the city centre has risen to £1,400. There has also been an 18% shortfall of new homes in Manchester, highlighting the excellent investment opportunity this development presents.
North Property Group is a member of The Property Ombudsman
