3 bed Flat (for sale) Gallery Gardens, Block B, Castlefield M15

£1,033,000
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NPP Residential
Century Buildings, 14 St Marys Parsonage, Manchester
First Published

11th Jan 2022

Last Published

29th Mar 2022

 

Features

  • Type: Flat
  • Bedrooms: 3
  • Listing status: sale
  • Country: England

Description

Description

Attention investors

*new phase launch - gallery gardens block B* A fantastic new off-plan investment opportunity in the heart of Manchester City Centre. Luxury 1,2 and 3 bed apartments located in the highly sought after Castlefield area of Manchester.

The development:

Forming part of our Castlefield master scheme, Gallery Gardens Block B continues the philosophy of luxury city centre living. Defined by an 18 storey tower, the spaces created both in the apartments and communal areas focus on clean and stylish design.

Luxury 1,2 & 3 bedroom apartments featuring 1,2 and 3 bedroom apartments and penthouses with access to a communal roof terrace with natural gardens, Gallery Gardens presents a unique offering in a perfectly situated location.

Huge capital growth:

With a projected completion date of Q2 2025 Gallery Gardens provides an opportunity to achieve upwards of 25% capital appreciation over the build period, according to current market predictions.

Strong rental demand:

Gallery Gardens forms part of the 6 phase Castlefield master scheme which is notoriously popular among young professionals looking to live and work in Manchester City Centre. We have tenant waiting lists on other developments within this scheme and you can expect yields upwards of 6% per annum.

In house lettings, management & resales

When you purchase through npp Residential you will benefit from a full-service offering. Should you choose to retain your investment for the long term our in-house lettings and management team are on hand to secure quality tenants and manage your portfolio. When it comes to exit, liaise with our in-house resales team who will facilitate the sale.

 

Local info for M15

 

Property Value Data/Graphs for M15

Property Type % Avg. current value Avg. # beds Avg. # bathrooms
Flat 92.4% £427,658 2 1.3
Terraced house 2.5% £303,329 2.9 1.8
Town house 2.1% £460,532 2.8 2.6
Studio 0.8% £132,496 0 0.5
Semi-detached house 0.8% £211,250 3 1
Other 0.4% £335,000 1 1
End terrace house 0.2% £200,000 3 1
Mews house 0.2% £249,995 3 2
Parking/garage 0.2% £17,000 0 0
Detached house 0.2% £269,950 3 2
Maisonette 0.2% £260,000 1 1

Area Information

Average Price Paid

£190,806

Sales

2011

Current Average Value

£418,305

Value Change

£227,499 119.2%

 

Current Asking Prices in M15 Average: £418,305

Property Type 1 Bed 2 Beds 3 Beds 4 Beds 5 Beds
Houses - £435,000 (6) £314,782 (22) £375,000 (2) -
Flats £233,423 (122) £336,389 (224) £854,584 (103) - -
All £233,423 (122) £338,961 (230) £759,579 (125) £375,000 (2) -

Nearby Properties

6 bed Detached house () Stanhope Road, Bowdon, Altrincham WA14 £5,850,000
6 bed Detached house () Charcoal Woods, Charcoal Road, Bowdon WA14 £5,850,000
5 bed Detached house () Hill Top, Hale, Altrincham WA15 £4,995,000
7 bed Detached house () Ellenbrook Road, Worsley, Manchester M28 £4,500,000
5 bed Detached house () Chapel Lane, Hale Barns, Altrincham WA15 £4,250,000
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