With an increasing population of 2.8 million, Manchester is one of the UK’s fastest growing cities, with businesses and people flocking to the area. The city boasts an average investment yield of 6.7% – the highest in the country (HSBC, 2016).
Excelsior is at the heart of it, bringing high quality apartments to Castlefield, Manchester’s city-centre district. The desirable location means that residents enjoy culture and community on their doorstep, with easy transport services from the nearby Cornbook Interchange and convenient, traffic-free access to MediaCityUK.
The 108 1 and 2 bed apartments offer open-plan, canalside living with the views to match, thanks to floor-to-ceiling windows and a stunning rooftop garden that looks out across the city.
Prices start from £232,984 and a 25-75 payment plan requires a minimum cash investment of just £77,000, if 75% LTV financing is obtained. Underground car parking is also available for an additional £20,000.
Rental income is projected at up to 7% per cent per annum, with the added potential for strong capital growth – property prices in this postcode have risen 32.67% in the last 5 years (Zoopla). Invest today and earn a forecast ROI of up to 215% over 10 years.
Luxury canalside apartments in heart of Manchester
Traffic-access to MediaCityUK ideal for professionals
Completion Q4 2019
Up to 75% LTV financing available
6% to 7% rental income
Strong capital growth potential