M1 MCR
£311,392
Starting Price.
7%
Estimated Yields.
Q4 2027
Estimated Completion.
Development Overview
Perhaps one of Manchester’s best-located properties, M1, MCR is a modern collection of one- and two- bed apartments in the heart of the UK’s most transformative city.
Set to redefine luxury living, M1, MCR blends style and design with comfort and convenience through apartments that deliver affluence and status.
As Piccadilly emerges as one of the most sought-after areas in Manchester city centre, “M1 MCR” occupies a prime location with its prestigious M1 postcode, offering a highly attractive opportunity for property investors seeking a genuine city-centre apartment.
Key points:
Type: Luxury Residential New Build
Prices From: £311,392
Projected Yield: 7%
A growing economy coupled with a growing population means both property values and rents in the city are increasing faster than national averages now, and are projected to keep doing so in the future. House prices are predicted to grow by 19.7% and rents by 21.6% in the next four years according to JLL.
Throughout the past 10 years, Manchester has had nearly 10% growth in population. This is above the average for the Big Six cities, which sits at 8.7%, and it also surpasses the UK population growth by some distance, which totalled 6.3%, over the same period.
Additionally, Manchester is experiencing the highest annual rental growth in the UK with a 19.6% increase in the year to June 2023.
Findings from the latest show there is a growing appetite for properties, including flats and apartments, in central locations close to key amenities, such as public transport, leisure facilities, shops, restaurants and pubs.
The University of Manchester is the largest and most applied to university in the UK - Manchester has one of the highest retention rates of students at over 32%. There are other significant Universities in the City too (Manchester Metropolitan, University of Salford, Royal Northern College of Music)
Manchester recorded the highest GVA growth across the Big Six cities over the last 10 years as the Northern Powerhouse economy grew by 32%. And over the next decade, Manchester is forecast to have the second strongest GVA growth of 23%, only being beaten out by Bristol by 1%.
An insight into Manchester as a City.
HOW TO REACH US…
Investment Enquiries
0203 576 0134
info@vincereip.co.uk
Head Office
85 Great Portland Street
First Floor
London
W1W 7LT
