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|Starting Price||£ 124,950|
|Bedrooms||Studio and 1 bed|
|Project Status||Ready soon (Q4 2021)|
Brand New Development
Due for completion in Q4 2021, is a collection of 30 boutique studio and 1-bedroom apartments, located at the gateway of Salford Quays and Media City. The project is a refreshing change to the uniform glass and concrete towers that have become repetitive on the Manchester skyline.
Each apartment in this development will be finished to a high quality that has become a signature the developer. What’s more, all apartments come fully-furnished – so for investors and future residents, it is a turnkey, hassle free, opportunity.
- Prices start from £124,950
- £66,071 over 5 years
- 7% guaranteed rental return, with 2-year rental guarantee
- Pre-let and fully managed investment
- 10 minute walk to Media City
- UK’s no.1 buy-to-let investment location
- Developer with 20 year track record
Weavers House Highlights:
- Completion in Q4 2021
- 30 boutique studio and 1-bedroom apartments
- Located at the gateway of Salford Quays and Media City
- Metro station connecting to Manchester City Centre – right on the doorstep
About Location & Market Demand:
Manchester city council predict that over the next 5 years, Manchester and Salford will see over 5,000 new residents move to the city each year, creating the need for over 25,000 new homes. With a booming population and prosperous job market, demand for housing currently far outweighs supply.
Not only does it have so much to offer residents within its gates, it’s also only a 10-minute walk to the UK’s largest media and tech hub, Media City. A renowned waterfront destination, Media City and Salford Quays is home to over 250 businesses, including Kellogg’s, Creative England and BUPA. In addition, Salford University, UA92 and Salford Royal hospital are all on the doorstep of the development. In total over 33,500 people either work or study at these businesses and institutions – and with only 30 apartments in the project, this potential demand for rented property alone far outweighs the supply available. Even if only 0.5% of those people were looking for property to rent in the area, the building would have demand levels of 5 people to every available apartment.
Whilst Media City and Salford Quays are well known as booming business hubs, at the forefront of modern industry, the area is also a major cultural destination, with the Imperial War Museum, Lowry theatre and art gallery attracting visitors from all over the world. There are plenty of waterside cafés, bars and restaurants, creating the perfect setting for those looking to escape the city centre without losing out on the fast pace of modern life.