Oxygen Manchester

An iconic residential tower development in Central Manchester offering 6% NET rental yields.

HIGHLIGHTS:

  • Units available from £200,000
  • 6% NET rental yields
  • 240 one-bedroom and two-bedroom apartments
  • 5 minutes' walk to Manchester Piccadilly Station
  • Leasehold: 250 years
  • Includes building insurance and furniture packs
  • Facilities include concierge, spa and café, and valet parking spaces

 

 

INTRODUCTION:

Oxygen is a deluxe 32-storey living space, boasting skyscraper-status in the heart of Manchester. Consisting of 240 apartments, investors can enjoy 6% NET rental yields on units from £200,000.

 

 

OVERVIEW:

An investment in the capital of the north, Oxygen, a modern vertical village is a prime opportunity to gain from five-star living with 6% NET rental yields. In a city thriving with multiple regeneration plans, Oxygen soars as luxury accommodation, celebrating luxury townhouses and one, two and three-bedroom apartments. Home to full height windows to embrace the natural light and balconies offering panoramic views, the fully fitted, contemporary units will be in high demand by the growing urban community of Manchester, desiring state-of-the-art accommodation in central Manchester.

To complement the stunning aesthetic of the units themselves, Oxygen also features a shared outdoor space including a garden terrace, a 24-hr. concierge, gym, cinema room, cafe plus more. This highly anticipated tower, mixing both contemporary living spaces with fantastic facilities, is a genius investment opportunity for both new and experienced property investors.

 

 

PAYMENT STRUCTURE:

  • Reservation fee: £5000
  • Exchange of contracts: 30%
  • Completion: Balance

 

 

FINANCIALS:

Oxygen provides 6% NET Rental Yields on a 250-year leasehold.

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

 

UNIT PRICE YEAR 1YEAR 3YEAR 5YEAR 10YEAR 15
£212,000£12,700£38,150£63,600£128,000£190,800
£219,000£13,150£39,450£65,700£131,450£197,150

 

 

 

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.

 

To download this brochure in PDF format, please fill out the details below:

 

Request availability

Interested in this investment opportunity?

Get in touch
AdminOxygen – Manchester