Overview

  • Status Off Plan
  • Area Up to 62 m2
  • Location Manchester
  • Type Residential
  • Projected YieldUp to 10% Net
  • Lease250 Years
  • Price From£91,000
one of Manchester’s most attractively priced new build schemes

The Lyceum, Manchester

- 7% Net Rental Assurance for One Year - 1, 2 & 3 Beds

- Priced From Only £123,600 - UK's Leading Capital Growth Region

- Large, Spacious Apartments with Balconies from £213 PSF

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Why Invest In The Lyceum?

The Lyceum has 82 high specification apartments within an iconic Grade II listed building in Manchester. It consists of 1, 2 & 3 bedroom apartments, with larger than average living spaces suitable for both end-use and investment.

We’ve listed the key investment benefits of The Lyceum below.

Upon completion investors will earn 7% net income contractually assured for the first year, beating the average market rate. 

A historic landmark previous well known locally as “The Crown Theatre” and originally built in 1899, The Lyceum stands as one of Greater Manchester’s most iconic buildings. It is now being repurposed as a luxury living space in close proximity of the city centre.

Unlike new build, box-shaped city-centre apartments, The Lyceum is focused on tenants and owners that wish to have that extra bit of space. This is more important than ever with a growing number of people working from home in 2020 and beyond.

This development is a fantastic opportunity to enter Manchester’s burgeoning property market without paying over-inflated prices. It offers a balance between long-term capital growth and an ongoing, attractive rental yield.

With 700 units under construction, 11 live sites and a portfolio worth over £100m gross development value, the developer has a huge amount of experience. Furthermore, the developer has years of success in delivering multiple apartment projects, commercial units and bespoke housing, making them one of the North West’s leading property companies.

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Price Growth Forecast Next 5 Years
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Rental Growth Forecast Next 5 Years
Nearby

The Lyceum has Manchester on its doorstep:

  • Deansgate – 6 minutes train
  • MediaCityUK – 6 minutes drive
  • Salford Hospital – 5 minutes drive
  • Train Station  – 2 minutes drive
  • Old Trafford – 10 minutes drive

The Location

Address

The Lyceum, Eccles, Manchester M30 0LZ

Tenant Convenience

The development is minutes from the city centre with direct, commutable transport links to the entire North West. The local train station is no more than a 5 minute walk away, which boasts enviable links to popular, local hotspots as well as other major cities in the North.

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        The Lyceum

        Market Data & Analysis

        Even in 2020, among the uncertainty of Brexit and the disruption of COVID-19, Manchester’s property market has continued to perform exceptionally well. The demand for (and shortage of) good housing in the city has pushed values up.
         
        The latest data from Hometrack, owned by the Zoopla Group, shows the year on year growth to August 2020 was +4.2%. This data was published at the end of September 2020 and shows the performance against the UK average of +2.6%.

        Frequently Asked Questions

        Below you can find a range of common questions from previous investors. If you require specific details and advice please do not hesitate to contact us today on +44(0)203 627 3987 or via [email protected] 

        Yes, there will be a local and experienced management company on hand to take care of the full management of your purchase. 

        The deposit on exchange of contracts will be 35% with the remainder due on completion.

        Yes, as a traditional residential property purchase you are able to use a mortgage upon completion. Please be sure to research your options or speak to the team for information.

        No, many of our investors are based outside of the UK. We can safely complete the sale with your dedicated Account Manager from start to finish, you will never have to physically be in the UK or visit the property.

        The lease length is 999 years.

        directors insight

        What does our founder, Nick, think of The Lyceum?

        “In recent years we have seen the price of Manchester property increase aggressively. Over the next 5 years both as an individual city and in terms of the North West Region, experts such as JLL and Savills project this area to perform best in terms of capital growth across the UK.

        Market leading value appreciation is just one reason why an investor should consider The Lyceum. In addition, it’s a building with history and character, the apartments are significantly larger than comparable new builds in the city centre, and the rental assurance of 7% net makes for an attractive all round package.

        This is a great investment for those looking to enter the Manchester property market”.

        Nick Hyland, Founder & Director

        Contact Us

        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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          About Us

          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.