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Ancoats Place

Manchester, United Kingdom

Investment Type: BUY-TO-LET

Est. Completion: Q3 2021

One Bed Apartment

£259,950.00

  • Prime city centre location
  • Investor friendly payment plan
  • 5.6% estimated net yield
  • Available from £239,950
CALL +44 (0) 161 337 3890
Purchase Process

Investment Highlights

  • Prime city centre location
  • 1, 2 and 3 bedroom apartments available
  • Investor friendly payment plan
  • 5.6% estimated net yield
  • Exclusive gym, private gardens, coffee roastery and shared social space
  • Underground parking
  • Fully managed, hands off investment
  • Mortgage options available
  • Great potential capital growth
  • Completion is estimated Q3 2021

Investment Breakdown

  • 850 year leasehold
  • Ground rent - 0.1% per annum
  • Service charge - Estimated £3.20 per square foot
  • Management fees - 9% + VAT
  • Monthly Rental Income:
    - 1 bedroom apartment: £1,400 - £1,600 per month
    - 2 bedroom apartment: £1,850 - £2,250 per month
    - 3 bedroom apartment: £2,850 - £3,000 per month

Market Key Facts

  • Projected sales price growth in Manchester over the next 5 years – 17.1% (source – JLL)
  • Project rental growth forecast over the next 5 years – 16.5% (source – JLL)
  • Average net yield in Manchester – 4.25%
  • Around 50% of Manchester’s graduates stay in the city for work, a rate second to only London in the UK
  • 70,000 new jobs are forecasted by 2026

Ancoats Place - Overview

Pure Investor are delighted to present this off-line exclusive development in the heart of Manchester. Ancoats Place is a sustainable, new-build development aimed at professionals seeking a sophisticated, convenient and social living experience.

Ancoats Place is located in the thriving Ancoats neighbourhood in Manchester city centre, regarded by The Times newspaper as one of the top 20 coolest places to live in the UK.

Featuring 155 high specification 1, 2 and 3 bedroom apartments, the development will also boast its own two-story exclusive gym, private gardens, coffee roastery, shared social space and underground parking.

There has been a huge amount of investment and regeneration in the area already and by 2021 the area will look even more glossy and modern, with a fantastic tenancy demographic of young and chic professionals.

Whilst Manchester’s nightlife helps drive the capital appreciation in the city, Ancoats Place provides ease of access to these areas whilst providing a peaceful place to live in with reductions in noise. This neighbourhood is a significant contributor to Manchester's rental growth, which is expected to rise by 27.6% by 2022.

Purchase Process

  1. £2,500 reservation fee to reserve your unit along with a signed reservation from
  2. 20% on exchange of contract – within 28 days (less reservation fee) 80% on completion  - Q3 2021
  3. Mortgages are available

Ancoats Place - Key Points

Location

Location

Manchester, United Kingdom

Bedrooms

Bedrooms

1 bedroom

Price

Price

£259,950.00

Completion

Completion

Q3 2021

Rental Yield

Rental Yield

5.6% estimated net yield

Development Availability

PropertySizeBedroomsPriceEnquire
One Bed Apartment499 square foot1£259,950.00Enquire

Contact Us

If you would like further details about Pure Investor or any of our property investment opportunities, please contact us using the form below or call us directly.

Any Questions?

Call: +44 (0) 161 337 3890

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Ancoats Place - Location

As Manchester's largest regeneration area, Ancoats is less than 300 metres from NOMA and the Central Business District and just a short walk from Piccadilly station and the future-proof HS2 railway that will cut journey times to London to less than one hour.

In the last year, the neighbourhood has welcomed newcomers including fine dining restaurant Mana, bakery Trove and its sister restaurant Erst, chocolatier and cafe Cocoa Cabana, urban chippy Hip Shop Chip Shop and Portuguese restaurant Canto, joining established names such as Sugo, Rudy's and Seven Bro7hers and Second City. In the neighbouring area, seven new bars and restaurants are opening soon and by the completion date of Ancoats Place, there will be many more businesses in the area.

Nearby Amenities

  • Northern Quarter - 5 mins walk
  • N.O.M.A - 7 mins walk
  • Ancoats - 7 mins walk
  • The Printworks - 9 mins walk
  • MEN Arena - 10 mins walk
  • Manchester Victoria Station - 11 mins walk
  • Arndale Shopping Centre - 13 mins walk
  • Manchester Picadilly Station - 21 mins walk
  • Spinningfields - 22 mins walk
CALL +44 (0) 161 337 3890

Need some help? Request a FREE call back today.

Whether you're a seasoned investor or considering your first property investment, our experienced team are here to help. Arrange a FREE call back from one of our team!

Free Call Back

Call our team today on +44 (0) 161 337 3890

Why Invest

Why Invest in Manchester

Manchester itself is a buy-to-let hotspot with international recognition as huge numbers of young people flock to the city, pushing up property prices and increasing demand for luxury apartments. Manchester has great rail connections, with three major train stations in the city centre and London being just two hours away. The new High-Speed Railway, HS2, will ensure great connections to the capital and halve the journey time.

  • Projected sales price growth in Manchester over the next 5 years – 17.1% (source – JLL)
  • Project rental growth forecast over the next 5 years – 16.5% (source – JLL)
  • Average net yield in Manchester – 4.25%
  • Around 50% of Manchester’s graduates stay in the city for work, a rate second to only London in the UK
  • 70,000 new jobs are forecasted by 2026
CALL +44 (0) 161 337 3890

Other Popular Developments

Why Choose Pure Investor

Key to the success and growth of Pure Investor in recent years has been our location on the outskirts of Manchester. Strategically located to offer all our consultants easy access to Manchester, Liverpool, Sheffield and Leeds, we are regular visitors to all the major property developments within the key Northern Powerhouse destinations.

We are passionate about the growth and development within these locations, ensuring our consultants have a high level of expertise regarding the development opportunities within these key growth areas. For this reason, many investors choose to speak with Pure Investor first when considering property investment in the North England.

We genuinely believe in working with our clients, providing a high quality of service and information, allowing our clients to make their decision on a more informed basis. As a result of this, an increasing number of investors are choosing to return and utilise our services on an ongoing basis. This is something we are incredibly proud of, and which we are looking to continually improve on in the future.

If you are considering in investing in a property in the North of England, and don't fancy the 'hard sell' approach, please feel free to get in touch on either enquiries@pureinvestor.co.uk or Tel: 0161 660 8261.

We look forward to hearing from you!

Client Testimonials

  • All the way through the process you have kept us informed and dealt with the negotiations in a most professional way.

    Audrey & Colin | Lancashire

  • "My wife and I were looking for purpose built student accommodation for investment and, notwithstanding that we were not their clients, the team at Pure Investor took the trouble to identify our goals and then set about helping us to achieve them."

    Peter Taylor | Student Accommodation Investment

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