Michigan Towers Residential Investment In Manchester
From £ 175,995
Why Invest?
- Good rental returns with great capital appreciation opportunities
- Developer with proven track record
- Media City location
- Fantastic management and letting company
- Premium 1, 2 & 3 bedroom properties
Michigan Towers is an exciting residential development. The Towers blocks range between 14 and 35 floors, providing sweeping views of Media City, Salford Quays and central Manchester.
This mixed-use project is an ideal investment opportunity and is truly unique in its contemporary design and perfect quayside location.
Michigan Towers presents an exclusive opportunity to invest in luxury property located at the very heart of Media City.
Set across four towers, each building will contribute to a total of 1,314 new apartments across a mix of 1, 2 and 3 bedroom apartments along with stylish townhouses.
Prices
1 bedroom apartments from £175,995
2 bedroom apartments from £216,995
2 bedroom townhouses from £299,995
3 bedroom apartments from £276,995
Key Investment Facts
- Manchester outpaces all other UK Cities when it comes to economic growth.
- Manchester City Council demonstrate that the city centre is experiencing population growth 15 times faster than the rate at which new homes are being built.
- Manchester remains the fastest growing City. By 2022, it is predicted that house prices will grow by 15.3% and rents will rise by 13.6%.
- Cities that includes Leeds, Liverpool, Sheffield and Newcastle, Manchester is at the heart of the Northern Powerhouse initiative – a collection of Cities which together form an economy of over £350 billion.
- Ground rent: £395 annually.
- Leasehold: 999 years from 2022.
- 10 Years building warranty.
Facilities & Amenities• Onsite gym • Exclusive residents cinema room • Management office • Security • Bike store |
Furniture Pack1 bedroom £2,995 2 bedroom £3,995 3 bedroom £4,995
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Targeted Completion
Construction due to commence Q1 2021 & estimated completion Q1 2023
Payment Process
- £5,000 on reservation.
- 25% of the purchase price (less reservation deposit) and 50% of furniture pack are payable within 21 days on exchange.
- 10% of the purchase price and 50% of furniture pack are payable 6 months after exchange of contract.
- Remaining balance payable upon completion
The Developer
One of the leading developers in the North West has over 15 years’ experience and has become a premier player, having already delivered 27 developments and 9 in construction, winning many awards for quality, design, delivery, management and lettings.
This developer set themselves targets to reduce water and energy consumption with each development, aiming to continually reduce or reuse a high proportion of construction waste. They open management and letting offices in each of the locations they develop in, ensuring local jobs and protecting your investment in the long term.
All their latest homes are delivering 20% better efficiency ratings than current building regulations with renewable energy on-site.
Find Out More
Contact us for more information on this residential property investment in Manchester and a comprehensive information pack by completing the contact form below.
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We have other off plan and completed investment opportunities in the UK and worldwide. If you would like to discuss your requirements, we can find you your dream investment.
