3 bed Town house (for sale) Mason Street, Manchester M4
£467,00010th Jan 2023
12th Jan 2023
Features
- Type: Town house
- Bedrooms: 3
- Listing status: sale
- Country: England
Description
**incredible investment opportunity **stunning homes** high rental yields** ultra-modern interior** incredible location** unique architectural designs** completing this year** reputable developer**
Overview
Mason Street consists of vibrant new homes with community at its heart. Located at the centre of an up-and-coming, exciting quarter of Manchester, New Cross is a neighbourhood full of personality and individuality. Mason Street is inspired by the history and character of Manchester. Homes are housed in a robust red brick exterior, paying homage to the iconic buildings around the city. Inside, there are exposed concrete walls that are influenced by the authenticity of industrial Manchester. With 2 bedroom apartments and 3 bedroom townhouses for sale, the development is an unmissable opportunity for homeowners and investors alike.
Location
Situated within the up-and-coming area of New Cross, these units are located near to a plethora of amenities, restaurants and facilities. Just 6 minutes from the city centre and next to Ancoats, this property is situated in an extremely convenient and desirable area. There are an abundance of nearby schools, gp's and other amenities, making it highly desirable by tenants.
Investment in manchester
Since 2018, Manchester has successfully achieved a higher rental and higher price growth than the average in the UK. As a result of this, you should achieve some of the UK's highest short and long-term property investment returns.
The city Is experiencing a significant undersupply, with Manchester's population rising at 15 times the rate new homes are being built, resulting in City Centre apartments getting up to 10 enquiries per property and some are tenanted within one hour, meaning now is the perfect time to invest in Manchester.
Manchester's property market also holds an impressive history; with property price growth in Manchester exceeding the UK average for five consecutive year, from 2013-2018. Within the 12 months to June 2018 alone, the average property values in Manchester increased by 7.4%, and within six years between November 2011 and November 2017, prices of apartments increased by 51%.
Even though the pandemic impacted the UK's housing market, Manchester has remained a hotspot for property investment. Despite the property market freezing during lockdown, Manchester is still expected to record a house price growth of 4.1% during 2020, as opposed to the UK average of 2.9%. Since 2018, Manchester has successfully achieved a higher rental and higher price growth than the average in the UK. As a result of this, you should achieve some of the UK's highest short and long-term property investment returns.
Property highlights
Gorgeous new build units
Stunning specifications
Unique architecture
Incredible location
Completing this year
Reputable developer
High rental yields
Local info for M4
Property Value Data/Graphs for M4
| Property Type | % | Avg. current value | Avg. # beds | Avg. # bathrooms |
|---|---|---|---|---|
| Flat | 94.1% | £240,817 | 1.7 | 1.3 |
| Studio | 2.3% | £112,825 | 0.1 | 1 |
| Terraced house | 1.5% | £364,244 | 3 | 1.9 |
| Other | 1% | £417,500 | 2.4 | 2.2 |
| Town house | 0.8% | £498,738 | 3 | 2.3 |
| Semi-detached house | 0.2% | £314,995 | 4 | 2 |
| Parking/garage | 0.2% | £13,950 | 0 | 0 |
Area Information
£223,013
2413
£243,139
£20,126 9%
Current Asking Prices in M4 Average: £243,139
| Property Type | 1 Bed | 2 Beds | 3 Beds | 4 Beds | 5 Beds |
|---|---|---|---|---|---|
| Houses | £130,000 (1) | £397,500 (5) | £400,390 (10) | £439,998 (3) | - |
| Flats | £187,434 (200) | £257,434 (260) | £442,019 (31) | - | £360,000 (1) |
| All | £187,148 (201) | £260,077 (265) | £431,866 (41) | £439,998 (3) | £360,000 (1) |
Nearby Properties
