A new complex located next to the historic part of Manchester, ID 728176

The residential complex is located in the north of Manchester, near Collyhurst Park, within walking distance to major shopping centers, Victoria Station, and the Northern Quarter. The complex is built opposite a unique city landmark, the 1896 building - The Royal Osborne Theatre.

Commercial Terms:
- Investment Type: BUY-TO-LET.
- Prices: From £180,000 for a 1-bedroom apartment, from £210,000 for a 2-bedroom apartment.
- Features: 
  - Stunning park views
  - Attractive location for young professionals
  - 15 minutes to Piccadilly Gardens
  - 10 minutes to the Northern Quarter
  - Panoramic rooftop with terraces and gardens
  - Balcony in every apartment
  - Expected yield ~5% net

Payment Stages:
- Reservation: £5,000
- 25% down payment (minus reservation fee)
- Remaining 75% upon completion of construction

Why we recommend Manchester:
- Rental yields higher than in London – net yield of 4-5% per annum
- Steady property price growth of 4-7% per year over the last few years. In the past 12 months, a growth of 7.2% - one of the highest in the UK.
- The highest projected growth in the UK over the next 5 years – 28.8% according to Savills analytics.
- Ranked as the best city for buy-to-let property investments by Aldermore Bank.
- The ongoing high-speed rail project HS2 will halve the travel time to London.
- Presence of major employers – Google, Amazon, Microsoft, Booking, and others, and the active development of the IT sector, increasing the number of potential tenants.
- High rental rate – 31% of the population.