One Cross Street, Manchester

GBP 225,000 - 245,000

INVESTMENT OVERVIEW

One Cross Street, Manchester is ideally positioned appealing to the growing professional population themselves and property investors alike, offering all the benefits of city centre living and modern amenities, alongside character features and the high quality of an original, traditional building.

Situated in the very centre of the city, just five minutes’ walk from Manchester’s prime business and exclusive leisure district, Spinningfields, as well as from the luxury shopping district of New Cathedral Street, One Cross Street is ideally located for the new growing professional sector.

FAST FACTS

  • Prime city centre location
  • 6.2% NET assured return
  • Est. completion Q4 2016
  • Fully furnished ready to rent
  • Highly sought after period conversion
  • Interest paid on capital during the build

WHY MANCHESTER?

The undeniable centre of the Northern Powerhouse effect, Manchester is witnessing a huge influx of businesses moving into the city from southern climes, creating an evolving marketplace. The recent Savills ‘Spotlight: The Future of Manchester’ report has revealed that the city has seen the creation of 57,000 jobs in the city centre since 2011, a figure that is greater than twice the growth seen across the UK as an entirety.

And this is just the beginning for Manchester’s business growth. The report also predicts that the city will need to house an additional 36,000 office workers in the next ten years which, given the current average annual property shortfall of around 5,100 homes and the expanding population as a whole, will be quite some feat.

With brand new developments appearing both in the city centre and edging further towards the outskirts to fulfil this blossoming need, there is a growing demand for a different type of property emerging, resulting in exceptional opportunities to invest in contemporary developments such as One Cross Street.

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