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Article Summary
Manchester
- The joint project has proved so popular that it has sold all of its 273 apartments to buy-to-let investors and buy-to-live homeowners, despite not being scheduled to complete until early 2020.
- It is likely the mix of the building’s great location and high-spec apartments that have caused the high level of interest in Burlington Square.
- The apartments themselves also all feature high-standard, new design and efficient layouts.
The Burlington Square Manchester development in the new Corridor Manchester region of the city has completely sold out. The joint project, led by top Manchester developers Salboy and Factory Estates, has proved so popular that it has sold all of its 273 apartments to buy-to-let investors and buy-to-live homeowners, despite not being scheduled to complete until early 2020.
An Investment Near Manchester Metropolitan University
It is likely the mix of the building’s great location and high-spec apartments that have caused the high level of interest in Burlington Square. Corridor Manchester is just a stone’s throw from the city’s learning centre. Comprising the University of Manchester faculty buildings, The Royal Northern College of Music, The Manchester Business School and Manchester Metropolitan University. It is also only a 10-15 minutes’ walk to Manchester city centre and China Town. Furthermore, the lively student population areas in Rusholme, Fallowfield and Withington in the opposite direction.
High Specification Apartments
The apartments themselves also all feature high-standard, new design and efficient layouts. In addition, modern shared facilities are there. Including a gym, landscaped courtyard and rooftop areas. In order to allow residents to experience the best in city centre living. Manchester is one of the top tenant markets in the UK. Burlington Square has proved itself a great opportunity for buy-to-let investors desiring high yields and longer-than-average tenancies.
What is property investment?
Put simply, property investment is property purchased with the intention of generating financial returns for its buyer. These returns could be in the form of rental income through buy-to-let properties, house price growth through the future sale of the property or both. Property investments can be owned by individuals or organisations and can be short, long or medium term.
Get in touch
For all of the latest information about Manchester property investments and to start your own property investment journey, contact the experts at North Property Group now.
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From £262,450
Gross Yield: 6%
In Construction
Est. Q4 2024
Lease Length: 250 Years