Introducing the Stunning No.1 Trafford Development
Manchester has become a very popular investment location in recent years, with regeneration within the area contributing to increased capital growth and strong rental yields, actually making the city one of UK’s top buy-to-let investment hotspots. As well as this, the city of Manchester has implemented a real focus on granting planning permission only for developments that will provide benefits to the city, tailored to the growing population and demand.
The No.1 Trafford development is a prime example of this, and with an iconic address to boast, stunning architecture and a perfect location for commuters, it is easy to see exactly why demand for the property is so high.
Spectacular and Prime Location
Situated in a beautiful location that overlooks the banks of the Manchester ship canal, No.1 Trafford is perfectly located in and around a number of great attractions. With Manchester United’s Old Trafford football stadium, the Imperial War Museum North and MediaCityUK all within walking distance, tenants of No.1 Trafford are sure to always have something to do in their spare time.
As No.1 Trafford has been developed with beautiful waterfront views and is within commutable distance from various Manchester based businesses, it offers tenants the ability to enjoy city living within a spectacular environment.
Developing No.1 Trafford
No.1 Trafford is currently being constructed by one of the most expert UK developers in the industry, Cole Waterhouse, highlighting the quality in which No.1 Trafford will possess. This developer has a stunning track record of completing high quality developments in multi-million pound projects, throughout the whole of the UK.
In addition to the high quality work being produced by the developer, the No.1 Trafford development will also see expert work from award winning architects, combining to produce a true masterpiece of a development. From high-specification to beautiful finishes and a beautiful reception area to great facilities, the development of No.1 Trafford will be considered as one of the best over recent years.
The Trafford Wharf Regeneration
No.1 Trafford is on the Trafford Wharf regeneration, of which connects Trafford Park, the city centre and also MediaCityUK. This area is experiencing a large regeneration project, developing it into a place that is growing in popularity and becoming one of the most desired places to live in Manchester.
With a new metro link tram system under construction, commuting from this area will be made much easier, cementing a reason for young professionals to move to the area. With over 1300 businesses easily commutable from No.1 Trafford, the development allows people to move to the area in order to work, whilst benefiting from such a beautiful living environment.
Not only will the metro link allow for fantastic commuting opportunities, but it will also link the area with the renowned Trafford Centre shopping district, MediaCityUK and the city centre, becoming more than just a great place to live for work. With thanks to the new metro link tram system, No.1 Trafford is certain to attract many tenants to the area, situated in the perfect location for a high standard of living.
Investing in No.1 Trafford
No.1 Trafford features one bedroom apartments starting at £157,000 and two bedroom apartments starting at £228,000, available as a cash purchase or with a 25% deposit and up to a 65% LTV mortgage. Available at such prices and with construction due to be completed in Q4 of 2019, No.1 Trafford presents itself as an excellent investment opportunity to investors.
It isn’t just the ability to acquire the property at such great prices that is good news for investors, as the returns that are available from the investment also suggest that it will be very good to add to any property portfolio. Estimated yields are calculated at 6.1%, with JLL suggesting a capital growth increase of 28.2%, and a rental growth increase of 20.5%. Rental income in Manchester ranges between £875pcm and £1100pcm for one bedroom apartments, and between £1100pcm and £1600pcm for two bedroom apartments. With such a great investment opportunity available, investors are urged to act fast to avoid missing out on any apartments that they desire.
For more information on No.1 Trafford Manchester, please contact Hopwood House.
