1 BED APARTMENTS FROM £237,450
2 BED APARTMENTS FROM £249,950
YIELDS: UP TO 6%
PAYMENT PLAN: £2,500 RESERVATION FEE
20% EXCHANGE OF CONTRACTS (28 DAYS)
UK INVESTMENT PROPERTY OVERVIEW
The Bailey is a modern development comprised of 104 one- and two-bed apartments situated alongside St George’s Park with views of Deansgate to the northeast.
Located between Trafford and Manchester City Centre, The Bailey is expected to be extremely popular with tenants. The Manchester Metropolitan University and The University of Manchester are only a mile from the development – a walkable distance for many of the students that continue to underpin Manchester’s robust rental market.
Deansgate train station is also only a 15-minute walk away and in under 5 minutes the nearest bus stop can provide residents with convenient access to all the city has to offer.
PROPERTY DETAILS
- COMPLETION DATE: Q4, 2023
- TENURE: 250 Year Leasehold
- BUILDING WARRANTY: 10 Year CML approved warranty provided by Buildzone www.build-zone.com
- GROUND RENT: Peppercorn
- SERVICE CHARGE: EST £1.75 sqft
UK PROPERTY FOR INVESTMENT: MANCHESTER
28.8% 5 Year
groth
forecast
Savil (Between 2021 -2025)
16.5% RISE IN
RENTS SINCE
MAY 2020
3% P.A. PROJECT
RENTAL
INCREASE
JLL
WHY INVEST IN MANCHESTER?
THE UK'S SECOND LARGEST CITY ECONOMY
- Ranks second in the UK for employment
- High yielding city-centre investment properties
- One of the country’s highest 5-year growth forecasts, 28.8% between 2021-2025 (Savills)
- Europe’s largest student population
- Well-educated skill workforce of 1.4million
- Population set to increase to 2.95m by 2031
- Population increase concentrated in economically active group of 20-39 yr olds.
IN MANCHESTER ARE GROWING AT 7.1% ANNUALLY
TWICE AS FAST AS THE UK CITY AVERAGE.