Corridor Manchester Welcomes New Burlington Square Development

February 18, 2019

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Article Summary

Manchester
  • Corridor Manchester will create a smart, original knowledge-based place to live and work.

  • Investment in the scheme is forecasted to reach £1.5 billion over the next 10 years. This will be from major institutions and technology companies.

  • Available to both the buy-to-let and owner-occupier markets, the development will comprise one and two bedroom apartments and penthouses.

The ambitious strategic vision ‘Corridor Manchester’ will soon include a brand new residential development in the form of the Burlington Square project, led jointly by top Manchester developers Salboy and Factory Estates.

Units Available To Purchase

Corridor Manchester will create a smart, original knowledge-based place to live and work. Furthermore, one of the top 5 innovation districts in Europe. Investment in the scheme is forecasted to reach £1.5 billion over the next 10 years. This will be from major institutions and technology companies. Now, Burlington Square will also bring almost 300 high-quality residential apartments to the area offering the best in modern, city centre living.

Manchester Property Investment

Available to both the buy-to-let and owner-occupier markets. The development will comprise one and two bedroom apartments and penthouses. They are all designed to a high standard and with efficient layouts over 9 storeys. The ground floor will house the communal areas. This includes a gym and landscaped courtyard, and a rooftop terrace will bring additional outdoor space to all residents. The building work is due to complete in January 2020.

A Buy To Let Which Will Rent With Ease

Tenancy demand at Burlington Square is expected to be high. This is due to the large number of people already working and studying in the Corridor Manchester area. There are currently 70,000 students and a workforce of 60,000 in the locale. Consequently making Burlington Square and the wider Corridor Manchester area highly attractive for buy-to-let investors.

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. Individuals or organisations can invest in property, and the investments can be short, long or medium term.

 

Contact us

If you’re interested in investing in property and would like to find out more about property investments in Manchester or anywhere else, get in touch with North Property Group now.

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