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New Cross Central

Manchester, United Kingdom

Investment Type: BUY-TO-LET

Est. Completion: OFF-PLAN

  • Manchester city centre
  • Investor friendly payment plan
  • 4.75% Net Rental Return
  • Available from £229,500
Purchase Process

Investment Highlights

  • Manchester city centre location
  • Investor friendly payment plan
  • Developer has a proven track record
  • Communal landscaped courtyard
  • Private terraces on selected units
  • Open plan living
  • Luxury city centre living
  • Estimated completion Q1/Q2 2022

Investment Breakdown

  • 250 year leasehold
  • Ground Rent: £100 per annum
  • Service Charge: Estimated at £2.32 per sq ft
  • 10 year building warranty
  • Estimated Rents:
    - 1 bedroom - £988.00 per month
    - 2 bedroom - £1,341.60 per month
    - 3 bedroom - £1,768.00 per month

Market Key Facts

  • Projected sales price growth in Manchester over the next 5 years – 17.1% (source – JLL)
  • Project rental growth forecast over the next 5 years – 16.5% (source – JLL)
  • Average net yield in Manchester – 4.25%
  • Around 50% of Manchester’s graduates stay in the city for work, a rate second to only London in the UK
  • 70,000 new jobs are forecasted by 2026

New Cross Central - Overview

Pure Investor would like to present New Cross Central, a new luxury residential development comprising of 1 & 2 bed apartments and 3 bed townhouses in the heart of Manchester city centre.

Once the centre of production for Penny Broadsides in the 18th and 19th century, New Cross is now one of the most exciting up-and-coming neighbourhoods in Manchester city centre and is set to transform the local area with new public spaces, improved walking and transport links. It is a seamless continuation of the already impressive growth and expansion the city centre has experienced in recent years.

Inspired by the industrial heritage and character of Manchester, New Cross Central features a traditional red brick exterior which pays homage to the iconic buildings found throughout the city.

New Cross Central offers stylish contemporary city centre living and is the ideal place to live, work and play. With community at the heart of it's design, its double-height entrance space and communal landscaped courtyard gives residents the perfect place to relax and socialise.

Purchase Process

  1. £500.00 payable on reservation
  2. 10% deposit less reservation fee on or before exchange of contracts
  3. 90% balance of purchase price and any other monies due under the contract payable on completion

New Cross Central - Key Points

Location

Location

Manchester, United Kingdom

Price

Price

N/A

Completion

Completion

Q1/Q2 2022

Rental Yield

Rental Yield

4.75% Net Rental Return

Video - New Cross Central

Development Availability

Sorry, we don't have any availability in this development at the moment. Please contact our team for more details.


New Cross Central - Construction Updates

Contact Us

If you would like further details about Pure Investor or any of our property investment opportunities, please contact us using the form below or call us directly.

Any Questions?

Call: +44 (0) 161 337 3890

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Looking to Sell

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Concerned about losing rental income, or paying expensive utility bills for 4-5 months whilst you sell? We specialise in selling properties with tenants in situ, often saving the landlord thousands of pounds in lost rental income.

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New Cross Central - Location

location to explore everything Manchester has to offer. The neighbourhood is only a 5 minute-walk away from the Northern Quarter's trendy bars, restaurants and independent shops and a 10 minute walk away from Manchester's main travel routes, meaning there is a world of opportunity on your doorstep.

This part of the city centre is renowned for being a creative hub and the areas personality is evident for all to see, with bustling streets filled with modern art and incredible architecture on display at every turn.

Ancoats and the Northern Quarter are also home to a number of businesses from creative agencies to law firms and has a wide variety of co-working spaces and commercial premises for businesses of all sizes to choose from.

Nearby Amenities

  • Victoria Train Station - 7 mins walk
  • Piccadilly Gardens Tram - 8 mins walk
  • Exchange Square Tram - 10 mins walk
  • St Peter’s Square Tram - 14 mins walk
  • Piccadilly Train Station - 15 mins walk
  • Northern Quarter - 5 mins walk
  • Ancoats - 7 mins walk
  • Deansgate - 13 mins walk
  • Spinningfields - 20 mins walk

Need some help? Request a FREE call back today.

Whether you're a seasoned investor or considering your first property investment, our experienced team are here to help. Arrange a FREE call back from one of our team!

Free Call Back

Call our team today on +44 (0) 161 337 3890

Why Invest

Why Invest in Manchester

Manchester itself is a buy-to-let hotspot with international recognition as huge numbers of young people flock to the city, pushing up property prices and increasing demand for luxury apartments. Manchester has great rail connections, with three major train stations in the city centre and London being just two hours away. The new High-Speed Railway, HS2, will ensure great connections to the capital and halve the journey time.

  • Projected sales price growth in Manchester over the next 5 years – 17.1% (source – JLL)
  • Project rental growth forecast over the next 5 years – 16.5% (source – JLL)
  • Average net yield in Manchester – 4.25%
  • Around 50% of Manchester’s graduates stay in the city for work, a rate second to only London in the UK
  • 70,000 new jobs are forecasted by 2026

Other Popular Developments

Why Choose Pure Investor

Key to the success and growth of Pure Investor in recent years has been our location on the outskirts of Manchester. Strategically located to offer all our consultants easy access to Manchester, Liverpool, Sheffield and Leeds, we are regular visitors to all the major property developments within the key Northern Powerhouse destinations.

We are passionate about the growth and development within these locations, ensuring our consultants have a high level of expertise regarding the development opportunities within these key growth areas. For this reason, many investors choose to speak with Pure Investor first when considering property investment in the North England.

We genuinely believe in working with our clients, providing a high quality of service and information, allowing our clients to make their decision on a more informed basis. As a result of this, an increasing number of investors are choosing to return and utilise our services on an ongoing basis. This is something we are incredibly proud of, and which we are looking to continually improve on in the future.

If you are considering in investing in a property in the North of England, and don't fancy the 'hard sell' approach, please feel free to get in touch on either enquiries@pureinvestor.co.uk or Tel: 0161 660 8261.

We look forward to hearing from you!

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