Manchester
From £323,000
Yield: 6.5%
Completed
Lease Length: 999 Years
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Potato Wharf is the final phase of high-specification one and two bedroom apartments sitting by the canal, surrounded by Manchester’s most lively district. Only a short walk to the city centre and the several shops and restaurants of Spinningfields, Potato Wharf encapsulates exciting, vibrant city living with the pleasure of an exceptionally designed home.
Being a ten minute walk from the central business district of Manchester and to ever vibrant Spinningfields, five minutes from Deansgate-Castlefield Station and 500m from the Metrolink, Potato Wharf is in a prime location for residents, as it is minutes away from everything needed in the city.
The classic brick exterior of Potato Wharf is a recognisable feature, inspired by the heritage of the city of Manchester. Each NPG allocated apartment either has a balcony, or views of the Canal. The interior design team have delivered a specification and finish that has been informed by the character of Castlefield to create an elegant and timeless solution with ‘an urban edge’.
The National Trust has plans to turn the Castlefield viaduct, located beside Potato Wharf, into a new park space high up the Grade II-listed structure. The idea is inspired by the New York High Line, presenting a significant new amenity for both Castlefield and the city, as Manchester aims to increase its green spaces.
The lively, vibrant area of Castlefield is home to Potato Wharf as well as a wide selection of popular bars and restaurants amongst the former warehouses, canals and cobbles of this charming district of the city centre.
Lift
Parking Available
In the last 20 years alone, there has been a 120% increase in people living in Manchester city centre, with the current population of 72,000 expected to grow to 100,000 people in the coming years. The centre also continues to account for 44% of all employment within the city, with over 176,000 people employed there, contributing to a £6 billion city centre economy. Amongst the major local companies and employers are ITV, BBC, PWC, KPMG, Deloitte, Google and Amazon.
Manchester is the perfect location for buy-to-let investments. With a consistently growing population and rental demand, as well as high capital growth prospects and some of the greatest average yields in the North of England.
House prices in Manchester have increased 36.5% since June 2016, with the average rent for a two bedroom Manchester property rising by 17.3% between June 2016 and September 2021.
The best units currently available in this stunning project.
Why Invest Today
Manchester has become the UK’s second city and is one of the country’s top property markets. This great city has built on its industrial revolution foundations to become a truly global, 21st-century destination for people, businesses and investors from around the world.
Major regeneration projects, rapid population growth and an economy growing faster than the national average have contributed to an exciting, vibrant city that has grabbed the limelight. Unprecedented growth in the housing market has followed naturally – making this the perfect time to invest in Manchester property and take advantage of its reliability and long-term growth prospects.
North Property Group is a member of The Property Ombudsman
