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Are you looking to invest in Manchester?
Ancoats Gardens could be for you.
Located in the 13th coolest neighbourhood in the world, Ancoats Gardens is where every 20-something wants to live! Coupled with the eateries and cafes, make it suited to professionals seeking a stylish, convenient and social living experience in the heart of Manchester city centre.
Ancoats Gardens will be one of Manchester’s most energy-efficient developments. This will benefit investors and occupiers with an enhanced rental yield and future-proof investment. For your investment, there’s a choice of 155 1, 2 and 3 bedroom apartments, each has access to exclusive building facilities.
Ancoats Gardens by Beech Holdings is an exciting residential development. It will be delivered in Q4 2021, read on to find out why you should consider this development for your buy to let in Manchester.
Why Invest in an Apartment in Ancoats Gardens Manchester – Fast Feed
- Expected yield of 7% (fully furnished)
- Varying selection of 1, 2 and 3 bedroom apartments
- Walking distance to Noma and the Northern Quarter
- Walk to Victoria Metrolink station, providing easy access across Manchester and further afield
- Developed by Beech Holdings with quality fixtures & fittings through out
- Long 850 year leasehold
- Well-equipped gym, communal rooftop space + private gardens, underground parking
- Fully managed – hands off Manchester investment
Neighbourhood – Ancoats Manchester
Ancoats is one of the most sought after in Manchester, due to its proximity to the city, historic buildings and fantastic eateries. In addition, over the last few years the area has benefited from gentrification. Developments such as Cotton Field Park have brought a unique community space to the area. Local residents enjoy its canal side boardwalks and public space.
Getting around Manchester is a breeze, with a variety of transport options close by. Manchesters extensive Metrolink system being one of them. Victoria station is just six minutes walk, while Piccadilly station is just 14 minutes walk. From Piccadilly station residents can reach Manchester Airport in 24 minutes, Liverpool in 54 minutes and London in 2 hours.
In addition to easy transport links, Ancoats is great for getting around on foot, with NOMA, Chinatown, Selfridges & Harvey Nichols, Northern Quarter and the Royal Exchange Theatre all within 15 minutes.
Manchester universities, such as the University of Manchester & University of Salford are accessible within about 20 minutes. And, of course, are easily reached via the Manchester MetroLink.
All this combined make Ancoats Gardens one of the better new build homes in Manchester.
The Facilities
Facilities can be a tricky thing to get right for new build homes; include too many and the management negatively impacts returns. Conversely, if too few are included, tenants might rate your buy to let investment down on their list.
Ancoats Gardens strikes a good balance, when compared with other Manchester apartments. The two storey gym is great, and a step above the majority in buy to let investments these days. However, the addition of the rooftop garden help to make this Manchester property investment a real winner.
Apartments for Sale at Ancoats Gardens Manchester
The layout and orientation of your new buy to let investment can impact returns and resale value. Thankfully, Ancoats Gardens provides buyers with a number of options. The most common apartment type is the 2 bed, followed by the 1 bed. There are also a handful of 3 bedroom apartments available.
One Bedroom Options
Due to space constraints, it’s difficult to do too much with a one bed apartment, and they are often the ‘forgotten’ design for new apartments in Manchester recently. The one beds here are thoughtfully designed, with natural light to the bedroom and living room. There also a full kitchen and plenty of space for a four-seater dining table. The bedroom is a good size and also includes built in robes.
Two Bedroom Options
The two bedroom is equally as efficient as the one bed and does a really good job of maximising space. Two-bed buy to let investments benefit if they have seperate bedrooms, it is more appealing for people sharing the apartment have their own space. This just increases the appeal to tenants and future buyers. In addition to this important feature, the Ancoats Gardens design also features 2 bathrooms, which almost feels like 2 ensuites. Almost.
The master bedroom gets a great amount of closet space and both bedrooms get floor to ceiling windows to benefit from natural light, when the sun is out in Manchester. The dining area is a little awkward, but nothing to worry about too much.
Three Bedroom Options
It’s hard not to loose some space to hallways in 3 bed apartments, just because of their size. Fortunately, these don’t suffer too much, though it is a bit of a hike to the main living area from the front door. However, once there, the space is great. There’s a huge kitchen with quality appliances and island. The living area is spacious and bright thanks to multiple floor to ceiling windows. The seperate dining area comfortably sits six and has a great view. All the bedrooms get naturally light thanks to, you guessed it, those good old floor to ceiling windows. Each has built in cupboards and the master has a good sized ensuite.
Property Investment Numbers
Separating the good Manchester buy to let options and the great ones are the numbers. Crunch them below and see if this new build fits your investment criteria.
- Management fees – 9% + VAT
- Ground rent – 0.1% PA
- Service charge, estimated at £3.2 / SQFT
- 1 bed estimated rent: £1,400 – £1,600 per month
- 2 bed estimated rent: £1,850 – £2,250 per month
- 3 bed estimated rent: £2,850 – £3,000 per month
