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Unique Apartment In The Blade

£329,000
Added on 11/01/2021
North Property Group Ltd, Leeds
PROPERTY TYPE
Apartment
BEDROOMS
x2
BATHROOMS
x1

Key features

  • UNIQUE APARTMENT
  • EXPECTED 12% CAPITAL GROWTH OVER BUILD PERIOD
  • HIGH SPECIFICATION THROUGHOUT
  • STATE-OF-THE-ART-ON-SITE-AMENITIES
  • ICONIC MANCHESTER SKYSCRAPER
  • ONE, TWO, THREE-BED AND PENTHOUSE APARTMENTS AVAILABLE
  • UNRIVALLED MANCHESTER SKYLINE VIEWS
  • LOCATED WITHIN GREAT JACKSON STREET FRAMEWORK
  • 6% YIELDS
  • IDEAL INVESTMENT OPPORTUNITY

Property description

Tenure: Leasehold

THE BLADE  

The Blade is a fantastic new buy to let development in Manchester The Blade will stand at 52 stories tall, and will be made up of 414 premium one, two, three-bedroom and penthouse residential luxury apartments. As a result of the immense height, each apartment will offer a breath taking view over the Manchester skyline.  

PRIME LOCATION The Blade sits inside the Great Jackson Street framework. The Great Jackson street framework is one of the City's most highly anticipated new neighbourhoods, additionally, the Framework is located at a key point of entry into the City Centre. Furthermore, this neighbourhood has an essential role in supporting Manchester's growth and quality of life, consequently, the neighbourhood is thought to be one of Manchester's most sought after areas. It is made up by 25 mesmerising new towers, all of which will become prominent landmarks on Manchester's skyline. With a blend of residential, retail and leisure developments, this area will without a doubt become one of the most attractive neighbourhoods for residents in Manchester as a result.  

CONSUMABLES The Blade has a low ground rent, just 0.1% of the purchase price - capped at £500.

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

Given the level of amenity, there is a reasonable service charge of £2.75 per sqft.

We estimate 12% capital growth over the build period.  

PREMIUM AMENITIES The Blade will offer 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 which forms a key part of the master planned new neighbourhood. In addition, a podium level retail space will be available.

Previous evidence shows that a wide variety of on-site amenities drives tenant demand. As well as significantly extending the length of tenancies and helping to generate premium rents.  

MANCHESTER  

PROPERTY MARKET House prices in Manchester will continue to increase, potentially by 22.8% in 2022. The average rental yields in Manchester are currently reaching as high as almost 8% in the M14 and M11 postcodes. This means now is the perfect time for buy to let investors to invest in Manchester.

The high volume of developments will result in a benefit for investors looking for their next property investment in Manchester

Manchester boasts over 8,800 residential units, in addition to over 2 million square feet office space and 400,000 square feet of retail. Therefore, hotel and leisure space are in the pipeline as a result. This mean that 2020 is looking like a truly ground breaking year for Manchester's property market. The residential market leads the way in driving this surge of development work. Population in Manchester is rising quickly, consequently, there is a higher demand for living space.  

BUSINESS RE-LOCATING TO MANCHESTER The salaries and operating costs in Manchester average to be 30-40% less than London. Therefore, businesses in the city are taking advantage of high quality office space alongside low attrition rates. This means that organisations with back office functions benefit from world class quality at a lower cost. These factors ensure that Manchester is named by KPMG as Europe's most competitive business location each year.

Manchester boasts one of the largest numbers of business service organisations in Europe. Meanwhile, Manchester has the largest professional services sector outside of London. These organisations employ over 250,000 people across various specialisms. This highly skilled workforce of accountancy, insurance, tax, HR and legal experts enables companies in Manchester to access the people they need.  

ENQUIRE WITH NORTH PROPERTY INVEST  

Unique Apartment In The Blade

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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Market information
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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 102866003268. 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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