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|Starting Price||£ 135,632|
|Type||Apartments & Townhouses|
|Bedrooms||1 to 3 beds|
|Location||City Centre, Manchester|
|Project Status||Off plan (Q4 2022)|
A landmark development of 96 luxury residential apartments in Manchester City Centre on the edge of Regent Road. Carnaby Place will create identity and functionality at a prime location, on a major transitory route into and out of the City.
Apartments and Townhouses:
Carnaby Place provides luxurious and spectacular city centre living across a range of apartments and townhouses. An attractive podium communal garden and courtyard space is complemented by a 24/7 concierge service, gymnasium and private residents parking. The world renowned Manchester City Centre is literally on the doorstep. This prestigious development comprises of a mixture of 1, 2 and 3 bedroom apartments as well as some 3 bedroom townhouses. Featuring a centralized landscaped garden with seating and social areas.
Carnaby Place Neighbourhood:
Carnaby Place sits within a few minutes walking distance of Deansgate, Spinningfields, the City Centre and the bustling Media City. Just ten minutes’ walk into Manchester’s bustling shopping district – boasting such names as Selfridges, Harvey Nichols, the famous hip Northern Quarter and the sophisticated ambience of Deansgate and Spinningfields.
Fantastic Yields: Short Term Leases
Once purchased, the apartments in Carnaby Place retain a residential title which allows them to be used for short term lettings. Owners have the flexibility to use the property themselves or let it out. Should an owner decide to sell, these apartments are to be a sought after asset due to the excellent ROI’s and ever increasing demand for serviced accommodation. Serviced accommodation is one of the fastest growing asset classes in Europe. Serviced accommodation is one of the fastest growing sectors within the short term let sector. Demand is driven by the desire for a home from home experience in a more spacious environment similar to the successful Airbnb concept. The opportunity for savvy investors in this sector is undeniable. The returns generated from a serviced apartment let on a short-term basis far outweigh those of a traditional buy to let purchase in the same location.
Key Features and Amenities:
- Luxury 1 to 3 bedroom apartments as well as 3 bedroom townhouses
- 20% below market value
- Completing Q4 2022
- Experienced developer
- Short-term let approved
- Deposit protection in place
- 3% Interest on deposits
- Ideally located between Manchester City Centre & Media City