【A Village in the Heart of the City】A favorite for professionals, young families, students and visitors
Being the second largest city in the United Kingdom, the dwelling values of Manchester, comparing to other districts, got the highest increment of 21% in the past 3 years, while London just taken 14%. Along with the attractive exchange rate of pound, buyers can enjoy 20% off!
The Economist's Global Liveability Survey ranked Manchester as the best city to live in the UK, and the performance of the rental market was the best in UK, statistic indicated that the dwelling values of Manchester will be increased up to 28.2%.
Research from investment platform LendInvest has found that Manchester is one of the ten best performing buy-to-let locations in the country - outranking both London and Birmingham.
Manchester is abuzz with people working on technological, artistic and scientific projects. Businesses from around the world have been drawn to the city; the offices of global corporations such as Brother Industries, the Bank of New York and Adidas are located here alongside prominent UK companies, Royal Bank of Scotland, ITV Granada Television, BBC and The Co-Op.
The MediaCity has lured creative talents & graduates to the city, and with a plan to double in size over the next decade, with the trend is set to continue.
It is also a home of various famous territory educational and creative institutions Royal Northern College of Music and Northern Ballet School, as well as four universities; the University of Manchester, Manchester Metropolitan University, the University of Salford and the University of Bolton, Manchester is one of the world’s leading centres of learning, attracting more that 100,000 overseas students, generating high rental demand in the residential market.
Founded in 2004 by the merger of the Victoria University of Manchester and the University of Manchester Institute of Science and Technology, the University of Manchester is now the largest in the UK, ranked 7th nationally and 34th globally.
Potato Wharf is located at Manchester’s golden district - Castlefield, a historic suburb surrounded by the waterways, that were the lifeblood of England’s industrial Revolution and is dotted with open spaces in which to enjoy peace and tranquility, just a stone’s throw from the bustling city centre.
The project is developed by the leading international property and infrastructure group– Lendlease, and designed by the famous award-winning “Weedon Architects”. Potato Wharf has been designed to be sustainable and is certified to Code for Sustainable Homes Level 4. With highly efficient LED lighting and smart meters installation for energy and water, they reduce the energy usage and hence money save. Numerous of green roofs, the pocket park and canal system, these encourage wildlife and benefit health and wellbeing. The local green spaces can also encourage walking, cycling and non-vehicular local transport; the Electric Vehicle car charging points are also available.
The project has the sophisticated transportation network, both the Deansgate Castlefield Station and the Manchester Piccadilly Station is in walkable distance, allowing easy access to every corner of Manchester. Besides, it just takes 20 minutes to go to the Manchester International Airport, transporting you to London in just over one hour.
With the development of High Speed 2 to be completed in 2033, this will stop at Manchester Picadilly Station and Manchester Airport Station. The train will connect Manchester, Liverpool, and the North, which will multiply opportunities for millions of people by closing the gap between the London and neighbouring cities.
It will re-write travel times between England’s capital cities, creating a high-speed route that will unite the economies of Birmingham, East Midlands, Sheffield, Liverpool, Leeds and many more. Reducing the commute time between Manchester and London to 1 hour, the high development potential cannot be underestimated.
In recent years, Manchester has emerged as one of the UK’s most exciting culinary destinations. With cuisines on offer from around the world, be the fine dining at French House, traditional Indian Fare at the Michelin recommended Asha’s or a full English at the Koffee Pot, all tastes are catered for here.
By around 15-minute driving away from the Potato Wharf, you can access to the shopping districts easily with various retail stores and shopping malls and business centres, such as Spinningfileds, King Streets, Selfrideges, Harvey Nichols and Manchester Arndale, etc to fulfill the daily necessity.
Each apartment has been designed to a high specification incorporating elegant, timeless interiors and contemporary features. The designers have developed a greater sense of space with large windows, and balconies to many apartments, giving a feeling of outdoor space, offering comfortable homes with an ‘urban edge’ to pay homage to the industrial heritage of the local area.
• Developer: Lendlease Group
• Deposit: from £30,000
• Expected rental yield: annual rental return up to 10%#
• Types: 2-bedroom apartment
• Golden location at the Castlefield district with good transportation network, walkable distance to the Deansgate Station
• 15-minute drive to the airport
• World-class connectivity, not just close to the Manchester international airport and the High Speed 2 Rail connecting to London and neighboring cities.
• Home of various famous territory educational institutions as well as four universities, such as the University of Manchester, Manchester and the University of Salford, attracts numerous overseas students’ visit, generate high rental income.
• Well-developed community facilities, easy access to various cafes and restaurants, retail stores and big-scale shopping centres like Great Northern Warehouse, Tesco Express, and shopping districts like Spinningfields and King Street, etc.
• Sophisticated district with various leisure and cultural facilities, such as the Urban Heritage Park, the Museum of Science and Industry, the Royal Exchange Theatre, etc.
• A series of sophisticated amenities provided: Garden & roof garden, children play area, 24-hour concierge, parking and storage
# Rental Yield: calculation based on 2-bedroom unit, [（£123 x 365 days）x 70% occupancy rate/ £300,000]。（source from： Airbnb.com.uk）
Property information in this presentation is provided by exclusively for AP Assets’ clients and has not been verified. Recipients of this presentation are advised to inspect the property, take measurement and obtain legal and professional advice to verify the information provided herein. AP Assets shall not be liable for any loss, damage, cost or expense suffered or incurred in connection with any use of or reliance on such information. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. All figures mentioned herein are indicative and for reference only. You should make your own independent inquires from the mortgage bank/broker.
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Price correct at time of issue. Images are CGIs and figures are for indicative purposes only.
Deposit varies according to purchase price and a further deposit will be payable in 2019 prior to the balance upon completion.