Barrel Yard is a new residential scheme, which is situated just minutes from Manchester city centre. Offering an array of one, two and three bed apartments and three and four bed townhouses, Barrel Yard is set to cater all with attractive and sustainable homes. Overall, the scheme will consist of a total of 42 units which is divided in to, 17 townhouses and 25 apartments. With the development being situated in close proximity to the city centre, Barrel Yard is perfect for young professionals and families.
Each townhouse will feature a private front and rear garden, alongside a private parking area located at the front of the development. The apartments will feature communal gardens and parking facilities. The developments have also been arranged with having an organic environment. With Hydes Brewery being situated adjacent to the development, attention has been made towards the materials used. The close eye to detail will also be shown through the interior of the development, with a high end contemporary design throughout.
Occupants of Barrel Yard will benefit from more than just superb transport links and a location which is second to none. All apartments will be specified to the highest standard including a fitted kitchen and modern fixtures and fittings in order to provide tenants with a superior modern living experience in one of the most highly sought after parts of the country. Secure parking is available on selected units and all residents will have access to secure communal gardens.
These apartments have an entry price for this development at a cost of £130,000 and a high annual yield of 6% calculated at around £7,800 with an estimated area of around 52sqM. The apartment proposes all the basic needs of a young professional or advanced student with a full windowed bedroom, kitchen and dining table in the main living room. Additionally, there are front and back yards for nice views and an en-suite bath and shower.
These two bedroom apartments have an entry price starting from £165,000 which provides the investor an annual net income of 6% calculated at about £9,900. There is a master bedroom and another bedroom, an exclusive open plan of the kitchen lounge and dining area incorporated into the living room. The en-suite bathroom to the master bedroom includes a bath tub and shower along with other essentials accessories as the other bathroom possesses likewise. A lot of these apartments have front and backyards for external view with an estimated total floor space of 67sqM.
With an entry price of £240,000 with an estimated net income of 5.5% it fetches an income of £13,200. These apartments have a much larger floor space of about 95sqM which includes a master bedroom, two other bedrooms, much larger kitchen, lounge and dining room, this makes these apartments way more suitable for multiple occupiers. In addition, all bedrooms have en-suite bathrooms with showers and bath tubs. The town houses also boast of front and backyard with personal car parking.
Having an entry price of £270,000 with the highest estimated net income of all four apartment specification; it is also estimated at 5.5% and fetches an income of £19,800. These apartments have the largest floor space of about 112sqM which includes a master bedroom, two other bedrooms, much larger kitchen, lounge and dining room, this makes these apartments more suitable for very large families. In addition, all bedrooms have en-suite bathrooms with showers and bath tubs. Like the three bed apartments, these town houses also boast of front and backyard with personal car parking.
Manchester is the UK's second largest urban economy. Famed for its music venues, shopping, Premier League football clubs, and architecture, the diverse social scene in Manchester and its surrounding areas has enabled the city centre to become one of the most sought-after addresses in the country.
Home to over half a million people, it is a city whose population has outgrown its current housing supply and is in serious need of new stock, making way for a host of new investment as the construction industry begins to pick up pace. According to Jones Lang LaSalle, Manchester house prices are set to grow by 4.5 per cent per year over the next five years and HSBC has identified the city as being in the 'Top 4 Buy-To-Let Hotspots 'in the country, showing an average rental yield of 7.6 per cent. It cannot be over-emphasised that investment in properties like Barrel Yard in this area is a very profitable long-term business.
- Deansgate - 0.6 miles
- Cornbrook - 0.7 miles
- Manchester Oxford Road - 0.7 miles
Situated less than a mile outside Manchester city centre, Barrel Yard is perfectly situated for young professionals who seek being close to the city centre, but has a quiet and secure environment. Barrel Yard is surround by many local facilities and amenities from; Manchester Aquatics Centre (former Commonwealth Games building) and branded supermarkets to children activity and leisure centres and parks.
With Manchester being located in the heart of the motorway network, residence will easily be able to gain access other major UK cities. Manchester also offers excellent transport links from Trains and Metrolinks to Buses, allowing residence to get in and around the city easily and quickly.
For further information on the purchase process please request your free brochure or get in touch with us today.