Axis Tower, Manchester

Axis Tower is a stylish residential development in Manchester's city centre.

HIGHLIGHTS:

  • Units available from £321,048
  • 170 units- one-bed, two-bed & three-bed apartments, plus 2 penthouses
  • 28 floors
  • 500-1000 sq.ft.
  • Completed Development
  • Leasehold: 125 YEARS
  • Prime City Centre Location
  • Facilities include 24 hr concierge services and elevators
  • Panoramic Views
  • 3 mins walk to Deansgate Rail Station
  • 6 mins walk to Palace Theatre
  • 7 mins walk to Manchester Oxford Road Rail Station
  • 8 mins walk to Manchester Metropolitan University
  • 8 mins walk to Manchester Central Library
  • 14 mins walk to Arndale Shopping Centre
  • 16 mins walk to Manchester Piccadilly Station
  • 18 mins walk to The University of Manchester
  • 18 mins walk to Salford Central Rail Station
  • 19 mins walk to Northern Quarter

 

INTRODUCTION:

Nestled in the city centre with unrivaled 360oC views of Manchester, Axis Tower is the epitome of luxury. Providing a massive supply of natural light, with a dazzling approach to glass, light and colour, this residential development is set to be in high demand by Manchester's growing population. Axis Tower, is a fantastic opportunity for property purchaser’s in one Manchester's most anticipated developments.

 

OVERVIEW:

Comprising of one-bed, two-bed, and three-bed apartments in addition to two of the most exclusive penthouses, Axis Tower stands as a supreme opportunity for buyers, as well as being the most glamourous addition to Manchester's skyline. The iconic tower boasting 28 luxurious floors, blends an innovative approach of available ground space with a dazzling approach to glass, light and colour.

Ideal for the commuting young professional, Axis Tower is in close proximity to Deansgate Rail Station, the M62 motorway and only 30 minutes' drive from Manchester Airport. Comprising its modern design aesthetic of floor to ceiling windows, contemporary tiling and open-plan living spaces Axis Tower offers pristine living featuring state-of-the-art architecture. Completing its status as the height of opulent living, Axis Tower is beautifully detailed with a raised height reception and 24-hour concierge service. Delivering stunning views of the city in Deansgate, Manchester's famed innovative neighbourhood, Axis Tower is set to be a hotspot property for the city

 

WHY PURCHASE RESIDENTIAL PROPERTY?

Better than cash in the bank

Buy-to-let returns can be more reliable and effectively offer higher yields than cash sitting in a bank account. The housing supply in the UK is also at a 100-year low, and demand is growing daily. It is predicted that 25% of households will be privately rented within the next 5 years.

Demand

The demand for residential property exists as long as tenants needs accommodation. The UK currently has a population of 66.96m, due to 80.6 years life expectancy and 283,000 people emigrating into the UK. Alongside this, 101,669 couples are divorcing and 2018 saw 12.1 births per 1000 people, proving a need for more homes.

 

WHY PURCHASE PROPERTY IN MANCHESTER?

Education

Manchester's four universities account for 350,000 of Manchester's 2,710,074 population. In support of this over 11,500 are employed by the combined universities. Offering an array of post-graduate opportunities, the city has seen a 70% graduate retention rate since 2016.

Regeneration

In light of the proposed plans to launch HS2 High-Speed Train, the government is investing over £1 billion to strengthen the northern economy in the shape of the Northern Powerhouse. The Northern Powerhouse is the government's vision for a super-connected, globally-competitive northern economy with a flourishing private sector, a highly-skilled population, and world-renowned civic and business leadership. Manchester is in the heart of this and is currently undergoing significant regeneration, in Manchester Bolton and Bury canal, alongside Middlewood Locks running from 2015 to 2030.

The success of Spinningfields, the Canary Wharf of the North, has inspired further growth and regeneration in central Manchester. Most recently, to jump on the development bandwagon is St John's, a creative village to be established in the heart of the city.

Manchester is identified by overseas purchasers as a source of opportunity, with key developments including Media City UK, home to 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.

Rental Yields

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%, and apartments enjoying a 32.01% increase, Manchester is an excellent city for property purchasers.

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.

Economy

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.

Transport

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, Manchester is identified by overseas purchasers as a source of opportunity, with major strategic developments.

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    info@tarquinjones.comAxis Tower, Manchester