Ancoats Gardens is a sustainable, new-build development aimed at professionals seeking a sophisticated, convenient and social living experience in the heart of Manchester city centre just a few minutes’ walk from the Arndale shopping centre, high end restaurants and bars and the city’s main business districts and strategically located opposite the new Hampton by Hilton Ancoats hotel and just 400m from NOMA the largest development project in the North West of England home to the Co-Operative head office for the UK,  and corporate giants Amazon.  

Combining high-quality finishes and cutting-edge low-carbon technologies, Beech Holdings’ developments are in extraordinary demand from tenants, investors and occupiers. The company has won prestigious national awards for its ecological approach to creating smartly designed apartments for the modern tenant. The use of sustainable, low-carbon technologies means that Ancoats Gardens will be one of Manchester’s most energy-efficient developments, which offers a benefit to investors and occupiers of an enhanced rental yield and future-proof investment.

Featuring 155 luxury specification 1, 2 and 3 bedroom apartments, the development will also boast its own exclusive double-storey gymnasium, private gardens, coffee roastery and shared social space for tenants.

Suitable for owner occupiers, or those looking to expand their property investment portfolio each apartment will come equipped with underfloor heating, advanced audio intercom systems and high-spec Bosch appliances, whilst exposed concrete and feature walls will create maximum design appeal. The apartments will also benefit from a maximum ceiling height of 2.7m, almost half a metre higher than those found in traditional city-centre apartments. This extra space aims to provide tenants with a generous luxury living space not typically found elsewhere.

 
 

Ancoats Gardens @ Manchester

  • Prime location in Deansgate

  • 155 Luxury 1, 2, & 3 bedroom apartments designed to a high and modern specification

  • Low carbon heat recovery system reducing bills and Co2 emissions.

  • Fully managed hands free investment option

  • High specification furniture pack including wall art

  • 2.7 metre Ceiling Heights

  • Completion QTR4 2021

  • Leasehold 850 years

 

Financials

Unit Cost
£329,950
5.7% NET Rental Income Per Year £18.807
5.7% NET Rental Income Per Month £1567.26
Ground Rent inc £329 pa
Service Charge inc £2307 PA
Management Fee inc
 

Amenities

Location

Ancoats is graced with artisan eateries, independent coffee shops and creative media startups, Ancoats has been named the 13th coolest neighbourhood in the world and this is why it was ranked as one of the trendiest places to live by Time Out magazine

Ancoats is a trendy, sought-after neighbourhood recognised for its independent coffee shops and restaurants which attracts a similar crowd to the popular Northern Quarter area. With its cobbled streets and local artisan eateries, the neighbourhood exudes a community feel, whilst being only a five-minute walk away from the hustle and bustle of the city. Just a 10-minute walk from Piccadilly Station and the upcoming technology and business hub NOMA, it’s a practical choice for city centre professionals. Over the years, significant regeneration has taken place in the area. The introduction of Cotton Field Park brought a unique community space to the area, with its canal-side boardwalks and public realm. Implemented from Manchester City Council’s 2014 Neighbourhood Development Framework the park was designed to bring people together within an urban yet natural environment.

Place of Interest

  • 0.4 miles to NOMA

  • 0.5 mile to Arndale Centre Manchester Retail District

  • 0.8 mile to Manchester Victoria Train Station

  • 0.9 mile to Chinatown

  • 1.5 mile Manchester University

 
 

Regional Links

  • Manchester’s buy-to-let sector is seeing capital growth around the 7-8% mark with very healthy demand for inner city accommodation, against a backdrop of high and increasing rental yields.  As a result, new residential property is under construction in the centre on a huge scale. The inner city residential ‘villages’ of Spinningfields, Castlefeild and the £650m Salford Quays have been extremely successful and massive investment is already in progress, as a glance at the city skyline attests.

  • With property prices in Manchester an average of 68% lower than London, Manchester is steadily becoming a more profitable choice for investors. In recent years, Manchester has dominated the UK residential market with more than £1.6bn invested in private rental developments, meeting the high demand of housing in central Manchester.

  • In Manchester, apartment price growth is forecast to grow at 3.1% a year, compared to 2.2% across the UK. And as a result, rental growth in Manchester is forecast to grow at 3.1% compared to 2.4% in the rest of the UK.

  • The £800m NOMA scheme in central Manchester occupies over 20 acres of space and when completed will be home to four million square feet of office space, housing, shopping and leisure facilities.

  • Manchester has seen hundreds of millions of pounds worth of regeneration investment in recent years and is now the centre of the Government’s Northern Powerhouse initiative. The Northern Powerhouse is an attempt to bring the economic health of the UK’s major Northern population conurbations more into line with the capital. Too much emphasis has been placed by respective governments on the economic development of London and the South East over recent decades and serious imbalances have occurred. Spontaneous market forces are working in parallel with concerted public sector action to address this problem. This imbalance has created a new window for investors, with major differentials in the prices of comparable properties in the North and South. Significant numbers of aspirational people who can no longer afford to live in London are relocating to Manchester. The relocation of significant parts of the BBC, Google and Amazon to the area reflects this trend.

  • Part of the Northern Powerhouse vision is to create new neighbourhoods, greater transport links and a skilled workforce. According to a report produced by Hatch, an economic development and regeneration consultancy, NOMA has already supported thousands of jobs, delivered hundreds of millions of pounds in wages and GVA annually, generating £380m towards the local economy.

 

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