Buyers cash in on potential gains at The Gallery

With just five apartments remaining for sale, Hillcrest Homes is nearing completion of The Gallery; an architecturally stunning development of two bedroom apartments on the site of a former horse tram depot, on Range Road in Whalley Range.

Hillcrest’s treatment of The Gallery demonstrates its proven ability to fuse traditional and contemporary architecture styles to create a modern classic perfectly styled for today’s homebuyers.

The building’s unique and characterful front façade has been sensitively restored and integrated with a stunning steel and glass construction. The end result is a landmark building that celebrates the area’s historic past as a hub of enterprise whilst boldly propelling it into a bright new future.

Currently there is a choice of apartment on each floor of The Gallery providing attractive individual features such as a rear patio area or front garden (ground floor), a Juliet balcony (first or second floor) and floor to ceiling glazed windows that flood the apartment with natural light (top floor).

Although more frequently associated with large luxury detached properties in the well-heeled areas of Prestbury and Alderley Edge, Hillcrest Homes has employed its signature themes of quality craftsmanship, complementary design and high standard specification to create a highly desirable development suitable for both professional purchasers and investors.

Each of the apartments offers a contemporary kitchen with integrated appliances such as a stainless steel oven, hob and extractor hood, dishwasher, fridge and freezer. The main bathroom and the master en-suite both offer stylish ‘back to the wall’ fittings by Swiss designers Laufen, Artisan showers and heated chrome towel rails.

For those looking for a positive investment, Whalley Range has long been labelled ‘one to watch’. Its easy proximity to Manchester city centre, city hospitals and universities and to the M56/M60 motorway networks makes it a popular spot for commuting young professionals and therefore a profitable prospect for investors.

According to leading market commentators www.mouseprice.com, apartment prices in the area have risen steadily by 12% in the last year, indicating that those who purchased off plan could have already made a profit on their property. The average house price has increased by over £130,000 in the last six years and now stands at £193,182. Unlike many luxury apartment blocks, such as those in nearby Didsbury, that are out of many buyers price ranges, Hillcrest’s apartments start at just £164,000.

According to Harry Ignatowicz, of local Chorlton estate agents Jordan Fishwick, property is only going to increase further in value. He says, ‘Whalley Range is mirroring the housing boom enjoyed by Didsbury and Chorlton a few years ago.

‘Professionals are attracted to the area because of its location, accessibility and its cosmopolitan café culture, and it’s cheaper to buy here at the moment. The standard of the property is also a huge pull; it’s beautifully finished, boasts secure gated parking and audio entry and it delivers a lot of value for money in terms of its specification,’ he adds.

Harry claims that local rental experts Rentapad have recommended a rental income of up to £650 per month is obtained from any of the apartments at The Gallery. With this kind of possible return available on a popular development in an area that market statistics say is increasing in value, potential purchaser will need to act promptly.

For more information, visit hillcresthomes.co.uk.