Willow Court
£268,000
Starting Price.
6%
Estimated Yields.
Q4 2025
Estimated Completion.
Development Overview
Located on the leafy Ford Lane, close to open parks and the River Irwell is Willow Court - a modern eight storey new build, comprised of 119 high-specification apartments. Designed and conceptualised to meet the demand of this burgeoning part of Greater Manchester, Willow Court is perfectly situated between Manchester city centre and Media City UK.
Formed as a collection of studio, one and two bedroom apartments as well as a limited number of three-bed duplex apartments, Willow Court caters to property investors who are keen to benefit from Manchester ’ s growing rental market. Pre-approved for short term lets, these apartments will meet the city's high tenant demand, which has increased by 36% over the past 12 months.
Key points:
Studios, 1, 2 & 3 Bedroom Apartments/ Duplexes
6% Net Yields Projected - Long Let
Prices From Just £149,000
Completes Q4 2025
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
