Manchester Apartments Achieves 99% Occupancy & Record Number of Enquiries

Regency Invest are delighted to advise that the Manchester Ancoats Gardens developer’s in-house rental management company, Manchester Apartments, a specialist in the Manchester lettings market has achieved 99% occupancy across their portfolio in July.

Manchester Apartments saw a record number of enquiries in July for its offering of high quality rental property in Manchester city centre, with the agency inundated with enquiries from prospective tenants as the UK economy opens up.

New luxury developments that are within walking distance of big businesses, offering flexible living to accommodate working from home and with access to outdoor space is exceptionally popular as tenants reassess their living arrangements.

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Ancoats Gardens Manchester Buy-to-Let

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Ancoats Gardens is expected to perform exceptionally well in the local rental market, with the N.O.M.A. district on its doorstep, home to big businesses including the Amazon HQ, The Co-operative. N.O.M.A. is rapidly expanding and is expected to quadruple the population of professionals working in the area, in-turn increasing the demand for affordable luxury accommodation.

The Ancoats Gardens development is ideally positioned to capitalise from this anticipated sharp increase in demand. The generous sized luxury apartments offer flexible living to accommodate a part-time working from home, as well as being a short walk to the office for many workers.

Its landscape residents’ rooftop gardens will provide much needed green space in the middle of a bustling city. The hotel grade amenities include a two-storey gym, residents’ lounge, coffee roastery and smart technology parking.

Apartments are available from just £49,990 deposit and are targeted to complete in Q2 2022 with rental returns of 7% est. Manchester’s rental market is expected to see an increase in rents of 16.5% over a 5-year period (JLL) and property prices are forecast to increase by 28% by 2025.

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Click here for further details for the Ancoats Gardens Manchester buy-to-let property investment. Availability is limited; therefore, we would highly recommend that you speak with one of our property experts TODAY to avoid disappointment.

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