Article Summary

Manchester’s economy is registering one of the fastest post-pandemic recoveries. Its growing population and demand for new builds has turned it into a land of blooming opportunity for property investment.

The city caters to most, if not all, of its inhabitants’ interests and needs. Machester’s generous job market, convenient living costs and diverse leisure scene are attracting more and more professionals, students and buy-to-let investors.

North Property Group introduces a variety of central developments in Manchester, some of which have sold out long before their upcoming completion dates. Of the new builds with available units, The Bailey, Michigan Towers and the luxurious Manchester Waters benefit from convenient payment plans, prime location and very profitable rental yields.

In the sought-after area of the M15 postcode, Elizabeth Tower, one of the tallest residential buildings in the UK, has sold out fast. Comprised of luxury flats and penthouses, the skyscraper is part of the striking new district in the south-western part of Manchester city centre. Other top-selling places located in central Manchester, like Local Blackfriars, benefit from their proximity to the shopping district and the Northern Quarter and from an ideal range of facilities and amenities, from private internal gardens to café bistros and even dance studios.

Century Square is another top development whose apartments were all bought before its completion date, estimated for the third quarter of 2023. With impressive rental yields of 12% and only a 20% deposit, the apartment building is located in the popular area of Old Trafford.

The above establishments are only a few of the successful property investment opportunities. Responding to the ever-growing demand for both buy-to-let and buy-to-live housing, while working with reputable developers, NPG is adding to its portfolio of projects.

One of the currently fast-selling apartment buildings, The Bailey, is scheduled for completion in Q4 2023. Made up of exclusive two-bedroom apartments, the unit is within walking distance of the city’s top universities. With some of the highest predicted rental yields, of 13.5%, The Bailey also has the advantage of being located in a green and peaceful area of the city centre.

For buyers interested in luxury living, Manchester Waters adds stunning specifications, relaxing waterfront views and high-standard furniture to its long list of attractive features. The first part of the new build is complete and tenanted, and there are four other phases scheduled to be finalised in the fourth quarter of 2024. The development consists of studios and apartments of maximum 3 bedrooms, and will delight its occupants with its level of comfort and splendid views.

Michigan Towers will be completed in Q4 2024. Set to change the Manchester skyline, it is made up of four unique towers. With heights ranging between 14 and 35 floors, the towers provide superb views of MediaCityUK, Salford Quays and central Manchester. This mixed-use scheme is a profitable property investment opportunity, with  contemporary design that stands out and perfect quayside location.

Contact us

To learn about the property investment opportunities above, or to find out more about how property investment works, get in touch with the experts at North Property Group today.