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£295,000
The Blade, Manchester, M15
- 1 bed
£295,000
- 1 bed
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52 storeys of high quality luxury homes along side impressive communal facilities, a contemporary state of the art gymnasium, sauna and steam room, residents lounge and a luxury rooftop terrace. The immediate access to expansive green space offers outdoor amenities and space to suit increasing tenant demand.
The Blade is an unmissable investment opportunity, in one of Manchester's most sought after location. Furthermore, with easy transport links in and out of the city centre, The Blade is ideal for both families and young professionals looking to live and work in the heart of Manchester.
Location: Sitting within the Great Jackson Street framework, which is one of the city's most highly-anticipated new neighbourhoods, minutes from Manchester City Centre!
The Great Jackson Street framework aims to transform Manchester's skyline, implementing up to 25 towers which will boast over 6,300 residentials units along with restaurants, cafes and local convenience stores.
In addition, the residential will offer amenity facilities which will support the primary residential use, such as health care facilities, gymnasiums and fully flexible working spaces too.
Investment Breakdown:
Leasehold: 250 years
Ground Rent: 0.1% of purchase price
Service Charge: est 2.75 per sq. ft
Estimate Completion: Q4 2023
WHY INVEST IN MANCHESTER? Manchester's property market is constantly evolving, with property prices at an all-time high since records began, and capital appreciation seeing a growth of 16% - a 7-year high - the property market has remained resilient throughout the last 18 months amidst economic uncertainty.
Over half the population of Manchester is made up by Generation Rent, and with rental prices increasing by 10% over the past 12 months, investors are reaping the rewards.
Property investment in Manchester generates £4.5bn for the local economy! With a fast growing local economy, expanding airport and the boost to the economy from HS2, Manchester has redefined itself as the 'Second City'.
Supply and Demand: There is a huge undersupply of property to keep in line with the ever increasing demand. 11,000 new homes are needed in Manchester every year. Currently, only 7,000 homes are being built each year - leaving a shortfall of 4,000 a year.
The young and thriving population means high rental demand in and around the city. Fuelling housing demand.
The city is home to global businesses, with cheaper rents than London we have seen more companies such as BBC, ITV, Amazon and Deloitte move to Manchester.
The education is outstanding! With the LARGEST student population in EUROPE! Generating even MORE demand for rental properties. As more than 60% of those students who study in Manchester, stay in the city after their education.
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