The Cartwright - Manchester
KEY POINTS:
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Practical completion October 2019,
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From £198,000 1 bed,
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Key city center area,
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High yield.
With the perfect balance of modern design with traditional architecture, large living spaces with a prime central location, high guaranteed yields, and massive capital growth, The Cartwright delivers on every aspect of an investor or owner occupiers need.
Priced competitively for the location, Baron & Cabot have also secured a 6% assured rental income for the first 2 years, as well as free legal and a free furniture pack.
With 20% down on exchange, and initial £40,000 could secure an investor a prime unit in this luxury boutique development.
About Manchester
About NOMA area
Snuggled between Ancoats, The Northern Quarter and N.O.M.A the area boasts of industrial heritage and modern Mancunian spaces.
Generally considered the 'trendiest' part of Manchester by locals the area around The Northern Quarter is filled with independent shops, restaurants, and bars.
With huge amounts of employment in the immediate area, the best transport links in the city and a mature relaxed feeling, the area is one of two in Manchester where in surveys locals say they would like to live.
Benefiting from having one foot in these established area's, and the other in NOMA an area of huge regeneration in Manchester, it is difficult to look past this area as significant for growth over the next 10 years.
Should HS2 arrive in Manchester, is located next to Piccadilly Station will be critical to benefit from its impact. The Cartwright will be one of the first in line to take this growth opportunity.
What the specialists say.
Gareth Jones - Director
It looks superb and price per square foot is significantly below most of its neighbors due to the unit sizes.
The yield in years 1 and 2 will be a great benefit for any investor.
Mark Pearson - Director
While not 'cheap' like most Manchester central properties, we can also see the huge value of owning something like this.
Unusual to be able to get a boutique property in todays market this development will continuously grow in value, while the 6% assured rent is an incredible deal.
