Excelsior Manchester

Excelsior Manchester provides luxury canal side apartments positioned in Castlefield, Manchester's sought after city-centre district with an estimated 6% rental return.

HIGHLIGHTS

  • 6% estimated rental return
  • Prices from £232,984
  • Q4 2019 completion
  • Within walking distance of the central business district
  • Luxury canalside apartments
  • £3.5B invested into the creative, digital and tech sector

INTRODUCTION

Excelsior offers an estimated 6% rental return and provides luxury canal side apartments positioned in Castleield, Manchester's city-centre district. It reinterprets the architectural history of the site and is ideally positioned for residents to enjoy convenient, traffic-free access to both the city centre and MediaCityUK.

OVERVIEW

Designed by Tim Groom Architects, Excelsior features one, two and three-bedroom apartments for private sale. Selected apartments benefit from balconies and access to a communal roof garden, while a basement car park also provides on-site parking. Comprising of 108 premium one, two and three bedroom apartments located next to the canal, allowing residents to walk or cycle right onto the canal-side footpath. Excelsior offers open-plan apartments with floor to ceiling windows allowing lots of natural light to each room. Luxury and contemporary style is what sets Excelsior apart from other fast rising apartments in Manchester city centre. With high quality white washed floors, state-of-the-art kitchens and entertaining spaces, and premium modern bathrooms with white suites that are finished to the highest of standards.

WHY INVEST IN MANCHESTER?

Manchester has been where it’s at for the last couple of centuries. Since the Industrial Revolution, it’s since become the European City of Science 2016. A magnet for business, with a huge and talented workforce, it sits at the centre of ‘The Northern Powerhouse’. A creative force to be reckoned with, it’s booming reputation is only set to get bigger. The Northern Powerhouse generates 20% of the UK’s GDP and forms a super economy of £300 billion, bigger than Taiwan, Sweden or Denmark and home to over 15 million. This urban collective has one of the largest workforces going. It is known as the UK’s second city and is the fastest growing regional capital. Manchester has levels of job creation predicted to outpace cities such as Berlin, Tokyo and Paris between 2015 and 2020. The working population is 680,000 and the average age is 29. It is one of the best cities to live in and is a world-class proposition for business and investment. The University of Manchester, Manchester Metropolitan University, The University of Salford and the University of Bolton are four leading institutions in Manchester in the Top 100 globally, with more than 105,000 students collectively. There are also another 18 universities and institutions within an hour’s drive of the city. Around 25% of labour pool in Manchester is educated to degree level, with streams of training and vocational courses on offer. Graduate retention is a sturdy 51% second only to London.

PURCHASE PROCESS

1. Complete reservation form and £5,000 reservation fee
2. 25% of purchase price due on exchange of contracts – less reservation fee
3. Remaining 75% of purchase price due on completion

FINANCIALS

On a £232,984 investment, Excelsior offers an estimated £1,164.92 PCM for the first year. This equates to an estimated £13,979.04 p/a.

For further details call (0)20 8445 6542 or email info@tarquinjones.com.

 

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Contact Us

Headquarters

Balfour House, 741 High Road,
North Finchley, London, N12 0BP

Call Us

+44 (0)20 8445 6542

Email Us

 info@tarquinjones.com

AdminExcelsior – Manchester