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The Blade, Great Jackson Street

£247,000
Added on 27/11/2020
North Property Group Ltd, Leeds
PROPERTY TYPE
Apartment
BEDROOMS
x1
BATHROOMS
x1

Key features

  • BRAND NEW MANCHESTER SKYSCRAPER
  • 52 STOREYS TALL
  • STATE-OF-THE-ART AMENITIES
  • YIELDS OF 6%
  • LOW GROUND RENT - JUST 0.1% OF THE PURCHASE PRICE
  • ONE, TWO AND THREE-BEDROOM APARTMENTS AVAILABLE
  • LUXURY SPECIFICATION AND DETAILING
  • 12% CAPITAL GROWTH OVER THE BUILD PERIOD
  • COMPLETING Q4 2023
  • IDEAL INVESTMENT OPPORTUNITY

Property description

Tenure: Leasehold

THE BLADE Standing at 52 stories tall, The Blade will consist of 414 premium one, two, three-bedroom and penthouse residential, luxury apartments and will offer breath-taking skyline views.

The high specification is raising the benchmark for quality in Manchester, along with the finest communal facilities. Located at the heart of Manchester's new skyscraper district, The Blade is your next opportunity to invest in the most in-demand new neighbourhood in the city. 

LOCATION The Blade, sits within the Great Jackson Street framework - one of the city's most highly-anticipated new neighbourhoods which is located at a key point of entry into the city centre.

The Framework will transform Manchester's skyline with up to 25 towers and will see over 6,300 residential units alongside restaurants, cafes and local convenience stores, as well as amenity facilities to support the primary residential use like health care facilities, gymnasiums, and flexible working spaces. 

LUXURY AMENITIES The Blade boasts a state-of-the-art gymnasium, with a separate studio and sauna/steam room, a rooftop terrace located on the podium level, a residents lounge, a picturesque community park on the ground floor - forming a key part of the master planned new neighbourhood - and a podium level retail space. 

GREAT INVESTMENT OPPORTUNITY We expect the apartments to generate impressive yields of 6%.

The ground rent is just 0.1% of the asking price - capped at £500.

The service charge is very reasonable given the level of amenity at £2.75 per sqft. 

WHY INVEST IN MANCHESTER? Since 2018, Manchester has successfully achieved a higher rental and higher price growth than the UK average. Therefore, over the next few years, you should achieve some of the UK's highest short & long-term property investment returns.

Furthermore, the city is experiencing a significant undersupply, with Manchester's population rising at 15 times the rate new homes are currently being built and City centre apartments getting up to 10 enquiries per property - with some tenanted within one hour. Therefore, now is the perfect time for investment in Manchester.

Manchester's property market boasts an impressive history; with property price growth in Manchester exceeding the UK average for five years in a row (2013 - 2018); in the 12 months to June 2018 alone, average property values in Manchester increased by 7.4%; and prices of apartments increased 51% in six years between November 2011 and November 2017.

Additionally, even though the pandemic has impacted the UK's housing market, Manchester has remained a hotspot for property investment. Despite the freezing of the property market during lockdown, Manchester is still expected to record a house price growth of 4.1% during 2020, compared to the UK average of 2.9%. 

The Blade, Great Jackson Street

Approximate location

NEAREST STATIONSDistances are straight line measurements from the centre of the postcode

  • Deansgate Station0.2 miles
  • G-Mex Tram Stop0.4 miles
  • Manchester Oxford Road Station0.5 miles
Mortgages
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About the agent

North Property Group Ltd, Leeds

North Property Group, One Brewery Wharf, Leeds, West Yorkshire, LS10 1GX

North Property Group Ltd, Leeds
About North Property Group

North Property Group has fast become one of the leading and most trusted property investment firms in the UK. The company has strong relationships with international property developers and are able to bring the best schemes to market for their clients. The company is trusted by investors across the globe to provide a tailored property investment service and in a short space of time has become the go to agent for property investments.

Founded by Oli

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Disclaimer - Property reference 102866003075. 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 North Property Group Ltd, Leeds. 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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