Dakota Avenue, Manchester, Greater Manchester, M50
Key features
- Exclusive Luxury in a Desirable Location
- High Rental Returns
- Manchester - the heart of the Northern Powerhouse
- A Leading Buy-to-Let Destination
- Capital Growth for Residential Property in Manchester
- High Rental Growth Projections
Property description
Tenure: Leasehold
New Release
This is an opportunity to support expansion within the ecosystem along with facilitating the growth of the second-biggest economy outside of London.
A modern residential apartment complex located in the heart of Manchester.
* Exclusive Luxury in a Desirable Location
* High Rental Returns
* Manchester - the heart of the Northern Powerhouse
* A Leading Buy-to-Let Destination
* Capital Growth for Residential Property in Manchester
* High Rental Growth Projections
A Leading Buy to Let Destination
With the population continuing its upward growth, Manchester City Council has predicted that the population will exceed three million by 2030 - with Manchester's population in particular to top half a million.
Further insights from Manchester City Council demonstrate that the city centre is experiencing population growth 15 times faster than the rate at which new homes are being built.
Research from Savills has shown that although there are 7000 new homes in the pipeline for Manchester over the next two years, to meet housing needs, a further 11,254 would need to be delivered per year to keep up with demand.
Residential property values in Manchester have risen 5.1% year on year in the last 12 months according to the latest data from Zoopla and Hometrack confirms that Manchester remains the fastest growing City. By 2022, it is predicted that house prices will grow by 15.3% and rents will rise by 13.6%.
Research from Knight Frank has confirmed the above through its indication that rental income looks to continue its growth with an overall rise of 14% by 2022.
The same research continues with its predictions with regards to the private rented sector announcing that 25% of all households in the UK will rent privately by the end of 2021
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Dakota Avenue, Manchester, Greater Manchester, M50
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Broadway Tram Stop0.2 miles
- Harbour City Tram Stop0.2 miles
- Langworthy Tram Stop0.3 miles
About the agent
Alesco Property North, Manchester
Office 2, 19 125 Deansgate, Manchester, M3 2BY
Alesco is one of the UK's leading property investment specialists, handpicking and pre-negotiating exclusive terms on high-return opportunities across the UK.
Founded in 2016 by experts with over 20 years of experience in the field, Alesco is dedicated to helping you grow your portfolio and ensure your long-term financial security.
Whether you are looking for immediate returns, consistently high yields or strong capital growth, we have th
Industry affiliations
Notes
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Visit our security centre to find out moreDisclaimer - Property reference XMA-260000-Manchester. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Alesco Property North, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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