Hill Quays Manchester

Hill Quays, a newly completed development offering up to 5.26% NET rental yields per annum, with prices from £200,000.

HIGHLIGHTS:

  • Prices from £203,000
  • Estimated 5.26% NET rental yields per annum
  • Luxury 1 & 2-bed apartments
  • Central Manchester location- situated in Castlefield, Deansgate
  • In the heart of Manchester’s regeneration
  • Newly completed and fully tenanted
  • Facilities include underground parking, 24 hr concierge and fully-equipped gym
  • Less than 5 minutes to Deansgate Station

 

 

INTRODUCTION:

Located in the trendy and highly coveted area of Deansgate, Manchester, Hill Quays, is a brand-new, fully tenanted residential development with Hodder and Partners’ award-winning design in the nation's second capital. The development comprises of 42 newly completed apartments, of which are a combination of luxury 1 & 2-bedroom apartments. The site is just minutes away from First Street – Deansgate’s newest dining, drinking and entertainment destination. Priced from £203,000, Hill Quays is offering investors an estimated 5.26% NET rental yields.

 

 

OVERVIEW:

Both fully completed and tenanted, as an investor you would enjoy an immediate rental income, with an estimated 5.26% NET rental yield per year and benefit from strong capital growth in the future.

Located in the heart of Deansgate, you'll enjoy the demand for property location in a once powerhouse of the industrial revolution to in 2019, one of the UK's main digital hubs in the 21st century. Thanks to intensive regeneration, investment, and development across the last decade, Manchester has become the second largest economy in the UK and been ranked as the best city to live in the UK. No longer the home of factories, Manchester now stands for innovation in every way possible.

With investment prices starting from £201,000 with a wide selection of 42 1 & 2-bedroom apartments, this development is shaping up to an avid investment for those who are looking to expand their property portfolio and earn great capital growth.

 

 

 

PAYMENT STRUCTURE:

  • £2,000 reservation fee
  • Simultaneous exchange and completion 30 days after reservation (minus res fee already paid)

 

 

FINANCIALS:

Hill Quays offers its investors an estimated 5.26% NET yield.

See table below for an example of the amount of returns you could earn:

 

 

 

 

WHY INVEST IN MANCHESTER?

Significant regeneration is occurring, in Manchester, Bolton and Bury canal, alongside Middlewood Locks running from 2015 to 2030. With thousands flocking to Manchester for its favourable rental prices, education and employment, demand for residential accommodation in Manchester is high, to house the estimated 625,000 residents by 2025. With Manchester’s property value increasing by 29.22%, with apartments enjoying a 32.01% increase, Manchester is an excellent city for property investment.

Due to the affordable prices in Manchester, hitting £190k below the national average of £280k, Manchester is a phenomenal opportunity. As a result of the active creative scene of the Northern quarter and consistent economy from the Old Trafford area, Manchester is on track to form a super economy of £300 billion, larger than economical counterparts Taiwan, Sweden or Denmark.  With predictions for Manchester to outgrow the capability of cities including Berlin, Paris, and Tokyo by 2020, it comes as no surprise that Manchester is experiencing some of the highest levels of property price growth in the country.

Manchester is rich in heritage with both local and international modes of transport to support the established economy of the city. With the largest airport outside of London, flying to over 25 destinations. With major strategic developments, Manchester is identified by overseas investors as a source of opportunity, with key developments including Media City UK. Manchester is also the home of one of the largest regeneration schemes in the UK, with Beijing Construction Engineering Group, the Cooperative’s £800m Noma, and the new £750m First Street development, offering a compelling blend of culture, retail, and leisure.

With JLL projecting rent increases of 4.2% across Manchester over the coming five years, and the city being home to one of the highest proportions of private rentals in the UK. Manchester offers solid credentials as one of the most promising buy-to-let locations in the UK.

 

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

info@tarquinjones.comHill Quays – Manchester