Ancoats Gardens, Manchester
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New-build development in the heart of Manchester city centre
Completing in Q4 2021, 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. Featuring 155 high-spec 1, 2 and 3 bedroom apartments, the development will also boast its own exclusive gym, private gardens, coffee roastery and shared social space for tenants.
Key Figures
£239,950Starting Price
7%Net Yield
Q4 2021Completion Date
Investment Details
Why invest in Manchester City Centre?
Ancoats Gardens is located in the thriving Ancoats neighbourhood in Manchester city centre, regarded by The Times as one of the top 20 coolest places to live in the UK. As Manchester's largest regeneration area, the development is less than 300 metres from NOMA and the Central Business District and just a 10 minute walk from Piccadilly station and the future-proof HS2. This neighbourhood is a significant contributor to Manchester's rental growth, which is expected to rise by 17.6% by 2022.
As a trendy, sought-after part of Manchester, Ancoats is recognised for its independent coffee shops and restaurants, which attract a similar crowd to the popular Northern Quarter area. The introduction of Cotton Field Park to Ancoats 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.
The Numbers
Ground Rent:0.1%
Number of Units:Available on request
Service Charge:£3.20 per sq ft
Prices:• 1 bedroom apartment – from 239,950 GBP , 2 bedroom apartment – from 329,950 GBP , 3 bedroom apartment – from 512,950 GBP
Leasehold:850 years
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.
- 2,500 GBP to reserve
- 20% on exchange of contract – within 28 days (less reservation fee)
- 80% on completion - (mortgages available on completion)
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