Overview

  • Status Off Plan
  • Area Up to 117 m2
  • Location Manchester
  • Type Residential
  • Yield7% for 2 Years
  • Lease250 Years
  • Price From£154,613
The UK's Most Attractive Residential investment location

Northill Apartments,
Manchester

- The Tallest Tower In Salford Quays at 27 Levels

- Penthouse Level Luxury Apartments from £210,000

- Stunning Views From One & Two Bedroom Properties

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JLL MARKET ANALYSIS

"Manchester is forecast to see both the highest sales price and rental growth of any UK city over the next five years"

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overview

Northill Apartments, Manchester

These luxury apartments will boast magnificent waterfront views across Salford Quays and MediaCityUK, home to many of the world’s biggest corporate giants such as the BBC and ITV. 

This is a great opportunity to invest in Manchester, with a set of truly prime penthouse level apartments in an area which has increasing demand, especially with the agreed expansion of MediaCityUK – set to double in size in the near future. Completing Q2 2021.

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Northill Apartments View

Why Invest In Northill Apartments?

  • Salford Quays is one of the UK’s top property hotspots 
  • Luxury apartments close to Manchester’s city centre 
  • Stunning views of Salford’s waterfront from many apartments 
  • Apartments fully let and managed by an experienced lettings company
Fortis Quay is a premier residential destination in the heart of Salford Quays comprising of four unique developments which, when combined, create the perfect village environment – a go-to destination to live, work and play. As part of Fortis Quay, Northill Apartments is a collection of desirable residential properties offering future tenants the best in quayside living.
 

Market Data & Analysis

The demand for quality residential property in the Manchester region is significant. Recent statistics show that 2,500 new homes are needed each year over the next 10 years. This demand is driven by employment growth which is forecast at a +1.3% increase and the population growth which is expected to be +1.1% from 2020 to 2024.

Both past performance and the future forecast growth in the city are exceptional. The average property value in the city in 2020 is £257,000 and the average rental price sits at £1,145 per month. Manchester has both the highest forecast property value growth and rental price increase over the next 5 years of any UK city at +17.1% in terms of capital growth and rental growth of +16.5%.

Source: JLL & Oxford Economics. 

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Location

Address

Northill Apartments, Fortis Quay, Salford Quays, Manchester M50 3XA

Local Information

Population growth in the area is set to soar with the second phase of MediaCityUK agreed last year, which will bring a £1bn cash injection to the area. It will also double the services available to residents, making the area increasingly attractive. 

More than 60,000 people already work in the creative and digital industries in Greater Manchester, and this is forecast to grow 27% by 2034. This growth makes new developments like Northill Apartments vital.

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Data and Statistics

Expert Market Insights​

JLL UK City Centre Forecast – UK Living Research 2020

  • “The appeal of living in Manchester’s city centre continues to increase strongly as the local economy and population grows.

  • The five year sales price forecast is notably higher than the UK average and the highest forecast of any UK city.

  • The delivery of private for sale units will slow over the next three years, providing support for higher sales prices.

  • We expect rents to rise strongly over the next five years, reflecting both heightened demand and better quality stock.”

Key Location Details

  • UK’s largest regional airport.

  • Some of the largest UK shopping centres, plus famous stores such as Selfridges, Harvey Nichols, Louis Vuitton, and more.

  • Europe’s largest student population of over 100,000.

  • 65 of the FTSE 100 companies have a presence in the city.

  • Amazon, Google, BBC and ITV all see Manchester as a key employment location.

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 Our role is to advise, educate and present the most suitable property opportunities to investors. If you would like to discuss your options with the team you can call us on +44(0)203 627 3987, email us on [email protected] or send us a message below.

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Track Capital is designed to help new and experienced property investors navigate the market by providing unique investments, free of charge.

Company No: 11053957. TPO Membership: T02475. Track Capital is not authorised or regulated by the Financial Conduct Authority, we recommend investors seek advice from a qualified professional. Images are for marketing purposes/illustration only.