- Units from £176,000
- 6% net yield
- 1, 2 and 3 bed apartments
- Devolopment comprise of 5 phases creating over 742 apartments
- Located in the up and coming Pomona Island
- Excellent transport links
- Fully furnished apartments
Residential apartments in Manchester
Di Salvo Realty presents a residential development located close to Manchester City Centre, providing an answer to the inherent need for rental accommodation in UK.
It’s being developed on Pomona Island, previously dubbed as Manchesters ‘hidden Island’ and laying untouched for years. Te building is a major part of the wider development underway on the Pomona Islands docks that is regenerating an under utilised ex-industrial area and turning it into the most desirable residential destination on the Manchester waterfront.
Pomona Island, which Peel has rebranded as Manchester Waters, is a swathe of land that sits between the Bridgewater Canal and the Manchester Ship Canal west of the city centre, straddling Trafford, Salford and Manchester local authority areas.
The building is part of the wider Peel L&P Strategic Waters Initiative which aims to create sustainable and thriving communities that will benefit areas on the UK’s stunning waterways.
Creating new homes is a priority in the Strategic Waters initiative with approximately 30,000 homes to be delivered across the seven sites up and down the UK. All of the seven Strategic Waters sites are located on coastlines, canals and docklands, including MediaCityUK at Salford Quays. Altogether, more than 30,000 new homes will be delivered across the sites over the next three decades, and the process is already well underway with developments like Chatham Waters, as well as the fully sold out 1,100 apartments at X1 Media City, proving the success of the waterside schemes. X1 Manchester Waters is a major part of the Strategic Waters scheme, following in the footsteps of X1 Media City and X1 Manchester Waters, to deliver high quality accommodation to the UK’s fastest growing city.
This outstanding development is comprised of five phases and a total of more than 742 apartments, which will be furnished to the highest standard.
The first phase of the project is completed. Block A comprises 75 apartments, while Block B has 140 apartments.
In total, phase two of is to deliver 526 one, two, and three bedroom apartments. Construction of Block C, which comprises 190 apartments, is due to start in May and complete in August 2023, according to a construction management plan submitted to Trafford Council. Blocks D and E, at 16 and 18 storeys respectively, will follow at a later date.
Located less than a minute walk from the Pomona tram stop and with a seven minute metrolink journey to the heart of Manchester City Centre.
The development is already proving to be the perfect retreat, overlooking the tranquil waterfront whilst being near Manchester’s vibrant city centre, offering tenants the best of both worlds.
Exclusive apartments and quality onsite facilities will make this an extremely desirable location for residents looking to enjoy all of the benefits of City Centre living from a luxury waterside retreat on Pomona Island.
Each apartment comes with a modern finish, a stylish bathroom and kitchen as well as being fully-furnished.
Why Manchester?
- Home to a GBP 59.6 billion economy.
- Population: 2.55 million (Greater Manchester area).
- Recognized as an important European centre in the fields of research,manufacturing, engineering and digital technology.
- Manchester is the UK’s biggest centre for commerce outside of London.
- 58% graduate retention rate.
- 61 million travellers visit Manchester annually.
- Economy doubled its size in (1996-2016).
- Voted best UK city to live.
- The city’s population also increased 17% faster than the average among major UK cities.
- FTSE 100 companies, international banks and major international brands have a presence in Manchester.
- 20,000 new workers are added to Manchester’s economy each year.
- Contributing GBP 7.5 billion to the local economy.
- One of the world’s 50 most liveable cities – Economist Intelligence Unit 2018.
- New train HS2 under construction, to reduce travel time to 1 hour to London creating new huge commercial opportunities.
Amenities and services
INVESTMENT SUMMARY
- Residential apartments of 1, 2 and 3 beds
- Located in Pomona Island on the Manchester waterfront
- Units from £176,000
- 6% net yield
- Fully furnished apartments
- Excellent transport links
- Located less than a minute walk from the Pomona tram stop
