Interest High in New Bankside Manchester Property Development

Located on the banks of the River Irwell in Manchester City Centre, Bankside is a stunning residential property development that Hopwood House are excited to present. Over recent years, Manchester has developed into an investment hotspot, with investors from across the globe displaying a big interest in making their own investments into the city. With regeneration projects and the Northern Powerhouse Initiative, Manchester has benefited greatly, seeing their city being transformed into a very desirable place to be.

Having been known all around the world for its sports, leisure and retail facilities for many years, Manchester is now recognised as a city that constantly delivers stunning property developments, and Bankside is no exception to that. Set in the heart of the city, Bankside presents itself as a stunning property to both investors and those looking to move into the area.

High-Specification Apartments within a Central Manchester Location

The Bankside development, Manchester will consist of 180 one, two and three bedroom apartments, all of which have been designed with the highest quality in mind, with high specifications adding a luxurious element to the waterside living. A selection of the apartments also house great double balconies, allowing you to relax in front of the stunning water front views of the River Irwell. Residents of Bankside will be able to benefit from the array of facilities that the development has to offer, including a gym, a cinema, a residents’ lounge and concierge services, as well as secure car parking and bike storage.

As this fantastic development is located in Castlefield, residents are exposed to a fantastic range of shops, bars and restaurants, all within walking distance. The city centre, Salford Quays and MediaCityUK are all also within walking distance, helping residence to remain well connected to different areas of the city, and with great transport links within the city, this is made even easier.

The Bankside Development as a Stunning Investment Opportunity

Available for investment from just £167,000, Bankside is estimated to achieve rental returns of 5.8%, being situated in an area known to produce strong rental income. The purchase process for this development is choosing an apartment and completing the reservation form, before making a non-refundable transfer of £5000 to secure your property. 25% of the purchase price (minus the reservation fee) is then due on exchange of the contracts, with a 10% stage payment scheduled for December 2018. Once the development is complete, the remaining amount on the property will be due and you will now be in possession of a fantastic development.

Bankside is being developed by a developer that boasts a strong track record, and the stunning property is fully managed, making it a very hands-off investment. With that in mind, and the fact that it is situated in a very strong rental market, Bankside is sure to be a great opportunity for all investors to take advantage of.

For more information on Bankside or to browse a range of property investments in Manchester, please contact Hopwood House.

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