Off-Plan Opportunity, Manchester, M3

Eight8 Property are proud to launch a new, amazing, off-plan project in Manchester City Centre. DEVELOPMENT OVERVIEW The development itself is set over two blocks. Fronting onto Great Ducie Street and rising up 14 floors, this first block is the taller of the blocks, boasting 84 apartments. As well as offering expansive views across the city from the upper floors, it plays host to a 10th-floor roof garden, which is accessible to all residents. The second block is 10 storeys high, with 45 apartments and is accessed via Mirabel Street. This site enjoys a prime location just north of the city centre in the Victoria District. As well as putting renowned areas such as the Medieval Quarter, Central Retail District and Northern Quarter within walking distance, its transport connections mean all of Greater Manchester is easy to reach. WHY THIS DEVELOPMENT? Prime location – north of the city centre in Victoria District, literally have the best of Manchester on your doorstep. Just 3 mins walk to Manchester Victoria Station, Medieval Quarter, Central Retail District and Northern Quarter within walking distance. Offering a stylish and contemporary canvas on which to make your mark, this site is perfectly in tune with the expectations of modern city living. Detailed finishes & elegant materials. All the bespoke kitchens' appliances also come with 5-year warranties**. Exclusive daytime concierge services. WHY MANCHESTER? - Best UK city to live in (The Economist's Global Liveability Index 2022) Greater Manchester's GVA £71bn (ons) 51% graduate retention rate (centre for cities) Fastest economic growth of any UK city outside of London in last 20 years (ons) Rental growth is forecast to hit 16.5% between 2021-25 Over 190 direct routes from Manchester airport & 29.4 million journeys in 2019 (caa) More 25-29 year olds in the region than any other area of the UK (ons) Excellent connectivity - HS2: The largest infrastructure project in Europe. When fully operational, it is expected to carry over 300,000 passengers a day, or 110 million per year from London to the North. Phase 2b will extend from Crewe to Manchester with two stations; the first at Manchester Airport and the second in the city centre at Manchester Piccadilly. DEVELOPMENT KEY FACTS Address: Great Ducie Street, Manchester, M3 1PJ Tenure: Share Of Freehold Estimated Completion: Q1 2025 Parking: TBC Total No. Of Units: Block One : 84 Apartments (14 Floors) Block Two: 45 Apartments (10 Floors) Unit Types: 1, 2& 3 Bed Apartments Estimated Internal Area: 1 Bed: 403 – 566 Sqft 2 Bed: 633 – 775 Sqft 3 Bed: 879 – 933 Sqft Prices From: 1 Bed: £199,000 2 Bed: £342,000 3 Bed: £442,000 Average Psf: 1 Bed: £494 Psf 2 Bed: £541 Psf 3 Bed: £503 Psf Estimated Service Charge: £3.39 Psf ERV: 1 Bed: £950 - £1,450 Pcm 2 Bed: £1,450 - £1,650 Pcm 3 Bed: £1,950 - £2,050 Pcm Est. Rental Yield: Up To 5.79% Gross PAYMENT TERMS Reservation Fees: £2,000 Upon Booking Of Unit *15% of purchase price on exchange of contracts (within 21 days of reservation) *less £2,000 reservation fee 5% of purchase price on 12 months from exchange of contracts 80% of purchase price on completion For more information, or to register your interest, please call our office on 0121 236 8235 or email info@eight8property.com