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Why You Should Make Red Bank Manchester Your Next Investment Hotspot

April 12, 2024

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Key Highlights

UK
  • Red Bank is set to be an exciting new investment hotspot in Manchester's vibrant city centre.

  • Part of a wider regeneration project, this development offers high class living, a city lifestyle, and green spaces and amenities close by.

Nestled in the heart of Manchester’s vibrant city centre, Red Bank Manchester ushers in a new era of modern city living. A joint venture with Manchester City Council and the Far East Consortium, this sleek new residential development offers a unique blend of contemporary design, a prime location, and hotel-style amenities.

 

Why Should You Invest In Red Bank Manchester?

Prime Location

The development is located in Manchester’s Victoria North – a previously forgotten and overlooked neighbourhood that is in desperate need of renovation. Manchester City Council and the Far East Consortium have funnelled millions into revitalising the area, looking to create a green belt for the city. Plans will include connecting Victoria Station to Queens Park and will cover approximately 155 hectares. These ambitious plans will open up thousands of investment opportunities and spaces for new enterprises, public spaces, educational bodies, hospitality, and retail.

While it is nestled in the north of the city, Red Bank will only be a 15 minute walk from the city centre, connecting residents with the rest of Manchester and beyond. Its proximity to Victoria train station also means that this residential complex will be popular with young professionals, who are considered high quality renters.

Modern Design

Designed with a focus on modern aesthetics and functionality, the apartments at Red Bank Manchester boast sleek interiors and high-quality finishes. From spacious living areas to stylish kitchens and luxurious bathrooms, every detail is crafted to perfection, creating a comfortable and sophisticated urban retreat.

Hotel Style Amenities

Red Bank Manchester provides residents with exceptional and modern amenities to enhance everyday life. This includes la clubhouse for residents, to mingle and unwind. This club will include a fitness and wellness centre, residents’ lounge, and co-working space.  The clubhouse will also provide catering in the form of a sophisticated bar and restaurant and separate dining area available for private hire.

Community

Community is at the heart of Red Bank, Manchester. Residents can connect with like-minded individuals and find friends in their neighbours. Regular social events and activities organised by the community team foster a sense of belonging and camaraderie among residents, making it more than just a place to live. This sense of community means that residents are more likely to stay, reducing costly void periods for investors.

For more on Red Bank and Manchester’s Victoria North, check out our guide on the project here.

 

Summary

With Manchester’s property market continuing to thrive, investing in Red Bank Manchester presents an excellent opportunity for investors seeking high returns. The development’s prime location, exceptional amenities, and strong rental demand make it an attractive investment option for both seasoned investors and first-time buyers alike.

At North Property Group, we pride ourselves on our knowledge and expertise in the property market. We can help you locate the best opportunities and deals and help you manage the entire lifecycle of your investments.

Our team has an in-depth and extensive knowledge of the UK’s real estate market and can provide professional advice to help you find the best investment to suit your business goals. Book a free consultation with us today to unlock your investment potential.

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Explore our property in Manchester

The Bailey

From £249,950

Yield: 13.5%
   In Construction
   Est. Q4 2024
   Lease Length: 250 Years

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