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The Warehouse development in Greater Manchester offers unique investment opportunity

22nd October 2018 Print

The Warehouse is an exciting new development in greater Manchester, which offers a premium living environment at very affordable prices and is another sign of how developers are continually working to address the ongoing shortage of quality housing in the Manchester area.

Country peace meets city life in the heart of greater Manchester

With the river Irwell on one side and Ordsall park on the other, residents of the Warehouse can enjoy some peaceful, natural breathing space while still being able to make the most of the best city life can offer. There are many practical facilities and leisure amenities in their immediate neighbourhood and all the key destinations of both Manchester and Salford lie within easy commuting distance, particularly given the excellent public transport links in the area. Those travelling beyond Manchester can do so via Manchester Piccadilly station, which is about 40 minutes away or take advantage of Manchester’s own airport, which offers flights to other parts of the UK and beyond.

High build and design standards together with low prices

In addition to its superb location, the Warehouse has been created to the highest build and design standards. It is intended to be much more than simply a collection of apartments, it is meant to be a community and as such has attractive communal facilities such as rooftop gardens, an on-site gym and a shared indoor living area in which residents can socialize. Of course, the individual units are also designed for modern life and allow for the flexible use of spaces to suit different needs and preferences. 

The Warehouse in Manchester is a relatively small development with only 86 units available and these will range in size from one-bedroom apartments (comprising 38 square metres) to three-bedroom apartments (comprising 88 square metres). Prices will range from £143,750 to £370,000 meaning that there are options for a range of budgets.

Estimated completion date quarter four 2019

Property agent Hopwood House are confident that the development will meet the estimated completion date of quarter four 2019. That being so, interest in the Warehouse development is already high since Manchester’s thriving economy, which has been going from strength since the beginning of the Northern Powerhouse initiative, has been encouraging many young adults either to move to or stay in the Manchester area, driving up the need for property investment in Manchester, with housing already in short supply. In particular, there is a great need for high-quality rental accommodation for students and younger professionals both of whom place a high premium on convenience and flexibility as they develop and determine the direction their future lives will take.

Interested parties are, therefore, encourage to act promptly to secure the unit of their choice by placing a 35% deposit with Hopwood House. The first £5,000 of this is requested as a reservation fee with the remaining balance becoming payable upon exchange of contracts, which is usually within 28 days. Investors also have the option to purchase a furniture pack for a small, extra cost. The final 65% of the purchase price is payable upon completion.

For more information on The Warehouse development in Manchester, please contact Hopwood House.