United Kingdom , Manchester , Ancoats
£239,950 GBP to £512,950 GBP
Unit Sizes: 46 SQM. to 113 SQM.
Leasehold - 850 Years
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Ancoats Gardens – Overview of Project
Ancoats Gardens, M4 5FY, Manchester Number of units: 155 Unit types: 1 bedroom, 2 bedroom and 3-bedroom Completion date: Q3 2021 Yield: 7% Fully Furnished.
Ancoats is the forthcoming home of Ancoats Gardens — an exciting residential development project headed by leading residential developer Beech Holdings.
It is the city centre neighborhood that every 20-something wants to live in. Graced with artisan eateries, independent coffee shops and creative media startups, Ancoats has been named the 13th coolest neighborhood in the world and this is why it was ranked as one of the trendiest places to live by Time Out magazine.
Arriving Q3 2021, Ancoats Gardens is aimed at professionals seeking a stylish, convenient and social living experience in the heart of Manchester city centre. Preparation works began in Q3 2018.
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.
£2,500 to reserve 20% on exchange of contract, 80% on completion (reservation fee deducted from exchange).
Ancoats is a trendy, sought-after neighborhood recognized 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 neighborhood 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 Neighborhood Development Framework the park was designed to bring people together within an urban yet natural environment.
Communal system to provide heating and hot water. Underfloor heating.
Inset undercount sink with mono-block tap. Worktops to be quartz or equivalent in keeping with interior design. Handle less cupboard doors with aluminum recessed grab rail. 18mm white kronospan carcasses.
Bosch 4 ring ceramic induction hob. Modern chimney extractor hood (British manufactured). Bosch integrated microwave. Bosch single oven. Integrated fridge freezer (British manufactured). Washer/ dryer (British manufactured). Integrated dishwasher (British manufactured).
Duravit sanitary ware throughout (or equivalent). Hansgrohe brassware (or equivalent). Villeroy and Bosch countertop freestanding feature basin. Bespoke vanity unit.
Hansgrohe thermostatic shower mixer and shower head (or equivalent). Double shower enclosure. Feature mirror with LED lighting. Matching accessory pack.
Bespoke fitted double wardrobes with sliding doors. Integrated soft close drawer pack. Fully upholstered “floating” double bed with fitted upholstered headboard and integrated lighting. Royal Warrant Hypnos Cranbourne 1500 pocket sprung mattress with luxury memory foam topper and protector. Designer bedside tables.
TV point to lounge area and all bedrooms. BT point to lounge. Matte black power points and switches in living areas. Strip LED down lighters to all rooms & feature lighting in all apartments. Communal satellite system. Audio intercom door entry system. LED Strip lighting with kitchen & various LED feature lighting throughout. 1GB internet line to building.
Real Italian leather 2-3 seater sofa. Designer occasional chair in all units. Dining Table with 4 chairs. Luxury coffee table to lounge area. Industrial style bar stools to breakfast bar areas. Custom TV unit all lounge areas. Art pack included within all apartments.
Wall & floor finishes
Exposed concrete feature walls / ceilings in all apartments. Painted feature walls and textured wall coverings to some areas. Farrow and Ball inspired paint throughout. Textured woodgrain antique maple flooring by Milliken
- Internet / wifi
- TV Cable
- Washer / Dryer
- Parking Availability: Yes
Development Pricing Guide
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ANCOATS GARDENS – INVESTMENT OVERVIEW
Key Points of the Investment
- Projected 7% rental yield, expected to grow 3% every year
- 3% annual capital growth
- Fully managed, from development to lettings and property management
- 97% of this Developers apartments were let in 2019
- Cost of Finance well below the projected Yields.
- Invest from only 239,950 GBP
Manchester has seen unprecedented growth and the good news is it doesn’t look like cooling down anytime soon. Some of the key factors are
- Huge economic boom in Manchester driven by government and private investment
- Higher business creation than London, housing 80 out of FTSE100 companies
- Population growth 3x higher than UK average
- 85% of city centre residents are renting
- Forecasted to face 28% capital growth over next 4 years – 15% higher than UK average.
Why Ancoats Gardens?
There are many reasons but the obvious combination of putting one of the best Manchester Developers with one of the best locations and Manchester property growth is pretty much a winning combination. Ancoats itself is only 10 minutes’ walk from Piccadilly station and the new UK Amazon offices it’s pretty clear to see why there will be huge demand for the project.
The project yields and property growth and the low cost of finance allow property investors to make substantial gains and returns from this project with 154% ROI over 5 years, see example below:
3% Capital Growth PA for 5 Years
130,068 (54% ROI)
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About the developer
Beech Holdings strategy is to create sustainable, affordable and high-spec accommodation for new graduates and professionals in Manchester. Our apartments maximise on space and use high quality products and materials to increase long term durability and overall sustainability. Our apartments are built with Manchester’s tenants in mind.