3 bed Flat (for sale) Great Jackson Street, Manchester M15
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One Brewery Wharf, Waterloo Street, Leeds
0113 482 9929
27th Nov 2020
3rd Dec 2020
Features
- Type: Flat
- Bedrooms: 3
- Listing status: sale
- Country: England
Description
The blade Standing at 52 stories tall, The Blade will consist of 414 premium one, two, three-bedroom and penthouse residential, luxury apartments and will offer breath-taking skyline views.
The high specification is raising the benchmark for quality in Manchester, along with the finest communal facilities. Located at the heart of Manchester's new skyscraper district, The Blade is your next opportunity to invest in the most in-demand new neighbourhood in the city.
Location The Blade, sits within the Great Jackson Street framework - one of the city's most highly-anticipated new neighbourhoods which is located at a key point of entry into the city centre.
The Framework will transform Manchester's skyline with up to 25 towers and will see over 6,300 residential units alongside restaurants, cafes and local convenience stores, as well as amenity facilities to support the primary residential use like health care facilities, gymnasiums, and flexible working spaces.
Amenities The Blade boasts a state-of-the-art gymnasium, with a separate studio and sauna/steam room, a rooftop terrace located on the podium level, a residents lounge, a picturesque community park on the ground floor - forming a key part of the master planned new neighbourhood - and a podium level retail space.
Consumables We expect the apartments to generate impressive yields of 6%.
The ground rent is just 0.1% of the asking price - capped at £500.
The service charge is very reasonable given the level of amenity at £2.75 per sqft.
Why invest in manchester? Since 2018, Manchester has successfully achieved a higher rental and higher price growth than the UK average. Therefore, over the next few years, you should achieve some of the uk's highest short & long-term property investment returns.
Furthermore, the city is experiencing a significant undersupply, with Manchester's population rising at 15 times the rate new homes are currently being built and City centre apartments getting up to 10 enquiries per property – with some tenanted within one hour. Therefore, now is the perfect time for investment in Manchester.
Manchester's property market boasts an impressive history; with property price growth in Manchester exceeding the UK average for five years in a row (2013 - 2018); in the 12 months to June 2018 alone, average property values in Manchester increased by 7.4%; and prices of apartments increased 51% in six years between November 2011 and November 2017.
Additionally, even though the pandemic has impacted the uk's housing market, Manchester has remained a hotspot for property investment. Despite the freezing of the property market during lockdown, Manchester is still expected to record a house price growth of 4.1% during 2020, compared to the UK average of 2.9%
Local info for M15
Property Value Data/Graphs for M15
| Property Type | % | Avg. current value | Avg. # beds | Avg. # bathrooms |
|---|---|---|---|---|
| Flat | 93.9% | £261,010 | 1.7 | 1.4 |
| Studio | 3.4% | £121,812 | 0 | 1 |
| Terraced house | 0.6% | £207,475 | 3.5 | 2 |
| Semi-detached house | 0.6% | £172,475 | 2.5 | 1.5 |
| Other | 0.3% | £195,000 | 0 | 0 |
| End terrace house | 0.3% | £180,000 | 3 | 1 |
| Mews house | 0.3% | £475,000 | 3 | 3 |
| Maisonette | 0.3% | £235,000 | 2 | 2 |
| Town house | 0.3% | £425,000 | 3 | 3 |
Area Information
£184,654
2196
£256,085
£71,431 38.7%
Current Asking Prices in M15 Average: £256,085
| Property Type | 1 Bed | 2 Beds | 3 Beds | 4 Beds | 5 Beds |
|---|---|---|---|---|---|
| Houses | - | £164,950 (1) | £285,000 (5) | £249,950 (1) | - |
| Flats | £208,300 (110) | £280,623 (180) | £396,168 (17) | £205,000 (1) | - |
| All | £208,300 (110) | £279,984 (181) | £370,902 (22) | £227,475 (2) | - |
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