City Gardens, Manchester
Imagine the classic convergence of elegant city living and access to inspiring outdoor space. City Gardens, Manchester, brings to the market stunning apartments and exclusive top level triplexes presenting an outstanding opportunity for investors and homebuyers to acquire a desirable new home in thriving Manchester.
Manchester: A World Class City
History, innovation and connectivity. Manchester is going places. Its renaissance is hallmarked by a rising international profile and population – quite simply it’s the fastest growing city in the UK. Internationally renowned as the birthplace of the Industrial Revolution and the computer, The University of Manchester is today pioneering the development of graphene – a ‘miracle material’ that is set to revolutionise the 21st Century.
The city’s dynamic knowledge-based industries benefit from the innovation and research resources of four Universities, while Manchester also boasts the largest financial, professional and legal services sector outside of London. Media City and the presence of the BBC and ITV reinforce Manchester as a creative hub, while it is also celebrated in the football world as home to United and City – names that resonate globally. And Manchester has the connections to justify its standing with an airport serving 200 destinations worldwide.
The Manchester Property Market
Manchester’s property market is driven by the city’s ever increasing population. In the ten years to 2013, the city’s population grew by 17.8%, more than double the UK average. Looking ahead, it is forecast to grow by yet another 125,000 in the ten years to 2025, driven by a buoyant economy, increased urbanisation and the success of the city’s universities.
Compared to London, the Manchester property market is undervalued and has significant potential for uplift. House prices in Manchester stand at 4.6 times the household income. This indicates a lower downside risk compared to investing in London property where average house prices equal 7.3 times household income.
A comparison of the property price index between Manchester and London in June 2014 suggested that Manchester property had a 40% upside potential.
The continuing undersupply of new properties combined with the burgeoning demand is driving a housing shortage.
Property prices in Greater Manchester remain 13.6% below their pre-recession peak and conservative forecasts put price growth to 2019 at 20%.
The Northern Powerhouse's Beating Heart
The British government’s grand vision to establish a Northern Powerhouse as an economic counterpoint to London will have Manchester at its core. The proposed scheme will see £7 billion invested in science, transport and infrastructure over the next five years to nurture economic connectivity between Britain’s great northern cities and support the rebalancing of the national economy.
Greater Manchester is the engine room of the Northern Powerhouse and one of the most successful economies in Europe over the last few years. With devolution gathering pace and the number of jobs growing, this is an exciting time.
The area accounts for a quarter of the Northern Powerhouse’s residents and 27% of all jobs and is well placed to reap the benefits of this bold initiative. The Greater Manchester Authority broke new ground by being the first area to secure a landmark deal devolving far-reaching powers over housing, transport, planning and policing.
Global investment firm BNY Mellon predicts that at least 5,000 jobs a year will be created in Manchester as it attracts significant investment over the next decade and cements its position at the centre of the Northern Powerhouse. The ‘Manchester 2025’ report underlines the city’s credentials as the UK’s leading regional city with its potential to become a truly global destination.
Shops & Leisure
Shopping: The Arndale Centre, described as ‘high street heaven’, amply caters to shoppers. The 1970s centre was modernised in the late 90s and houses over 200 shops and department stores in its 140,000 sq. m. facilities. It attracts around 41 million visitors a year.
The Trafford Centre opened in 1998 and has since expanded to 207,000 sq. m. Located five miles west of the city centre, it is home to 280 stores and attracts 35 million visitors yearly.
Leisure: Manchester offers plenty to see in the way of castles, museums, galleries, historical houses and gardens.
The Northern Quarters is a trendy area of the city full of quirky shops and galleries, bars and eateries, gifts and vintage clothing shops. It draws comparisons to London’s Shoreditch or New York’s Williamsburg thanks to its buzzing nightlife and a vibrant music scene. It particularly appeals to media and other creative professionals who have moved away from London in the search of more affordable living while not wanting to compromise on culture and nightlife.
Manchester is also home to over 30 sport and leisure centres.
Green space: Piccadilly Gardens is a big green open space in the heart of Manchester, designed by Japanese architect Tadao Ando and features a pavillion and water features. It’s located only a few minutes’ walk from the development.
The Peak District, located around 46 minutes by car, consists of 200 sq. miles of open green space and historic towns and villages. It includes sights like caverns and caves, historic houses and halls, industrial heritage attractions, museums and galleries, and a number of outdoor activities.
Manchester Education Excellence
Higher Education: There are around 50 higher education institutions in Manchester, including nine universities, many varied colleges andlaw, music and language schools. The University of Manchester is in the Top 10 universities in the UK, in the top 30 universities in the world, Top 5 R&D universities in Europe and has produced 25 Nobel Prize winners.
The University of Manchester university is a top destination for students. Home to three of the UK’s largest universities and some of the country’s leading Grammar schools, Manchester is producing some of the foremost thinkers within the UK economy. With the University of Manchester investing in a new Business School, the attraction of Manchester for students will keep increasing. This synergy between leading education institutions and Manchester’s businesses is harvesting a talented pool of workers and young professionals set to continue the city’s economic vibrancy and ensuring it remains an attractive hub for workers, students and businesses alike.Manchester is home to 30 primary, eight secondary and 33 independent schools. Notable institutions include:
- Withington Girls School (for girls aged seven to 18) – one of the best in the country
- Manchester Grammar (for boys aged seven to 18) – one of the country's best schools
- St. Bede’s College (for boys and girls aged three to 18 years)
As students rent many lower end properties there is huge demand for higher-quality residences from commuters and professionals. This makes Manchester the perfect place to purchase a new build buy-to-let investment that will attract a reliable professional tenant.
Manchester property investment highlights
Manchester, the UK’s second city, is flourishing amid strong housing demand and is becoming increasingly global, according to a report by leading estate agents JLL. It states that the Manchester City Centre residential market has been very strong for a couple of years and residential demand is significantly outweighing available supply, creating pressures within both the sales and letting markets. Buyer activity has risen significantly during the last year with both owner-occupiers and buy-to-let investors alike.
The report 'Northern Renaissance', published in February 2016, says the prospects for the Manchester residential market remain very bright. Supported by an expanding economy, labour force and population, demand for housing is expected to increase further over the next five years.
- Two major stations within 10 mins’ walk
- Strong regional economy
- Ninth strongest regional economy in Europe
- Large student population
- High end units by local developer
Welcome to City Gardens
Imagine the classic convergence of elegant city living and access to inspiring outdoor space. Welcome to City Gardens, another innovative take on the developer's commitment to provide stylish homes with an attractive urban lifestyle. It brings to the market stunning apartments and exclusive top level triplexes presenting an outstanding opportunity for investors and homebuyers to acquire a desirable new home in thriving Manchester. The building’s soft grey cladding and texture have been carefully chosen to provide a suitable and seamless architectural nod to the neighbouring church, which today houses apartments.
City Gardens is part of an exciting new Manchester Gardens master scheme which is bringing a new residential quarter to life. It provides an enticing prospect to purchase high quality, aspirational homes hallmarked by the flexible use of space and fine finishes.
- 27 one bedroom apartments
- 51 two bedroom apartments
- 8 three bedroom triplex penthouses
There’s a choice of single storey one and two bedroom apartments with floor to ceiling windows, while the top three floors will comprise exclusive three bedroom triplexes with access to individual private terraces. On the ninth floor you will find communal roof gardens with a sun terrace and picnic area while the communal lobby will incorporate a signature vertical garden.
The building’s distinctive features extend to the outside appearance – a fine façade and slender profile are distinguished by large arched openings, reflecting nearby historic mills, which create a grand appearance. These will be lit and accentuated to provide a visually impressive and welcoming entrance to the development. Smooth terracotta facing brickwork will complement the architecture and echo the character and appearance of the nearby Castlefield Conservation Area.
Investors and homebuyers can choose from an appealing mix of accommodation, thoughtfully conceived to meet the needs of today’s discerning investors. You can choose from 27 one bed and 51 two bed apartments providing stunning homes with feature floor to ceiling windows. Rear elevation apartments on the second to eighth floors also enjoy access to individual balconies. Eight exclusive triplexes adorn the top three floors of the eleven storey building, each benefiting from a private terrace. Stylish gallery bedrooms contribute to a sense of space and smart contemporary living.
All the homes embrace a confident modern look, with carefully crafted concrete ceilings capturing a warehouse conversion atmosphere. Selected use of feature natural wood wall panelling balances this effect bringing a pleasing architectural harmony to the interior décor. Bright, open spaces and clean, contemporary lines combine with fine fixtures and finishes to reflect the prestige of the building. The spacious double height lobby forms an impressive entrance and provides convenient lift access to all levels.
Residents can enjoy access to a public square, attractive courtyards and tree-lined walkways or relax in a café, restaurant or bar. The city centre attractions and nightlife are only a heartbeat away but coming home to City Gardens will always give you the space to breathe.
Property Investment Options Include:
- THE ONE BEDROOM APARTMENT
Full height windows provide an open perspective and sense of space. Apartments on the rear elevation offer views across the public square. Inside, the distinctive layouts provide a bright, vibrant living space unrivalled in many other city centre apartments.
- THE TWO BEDROOM APARTMENT
Discerning homebuyers can select a layout to meet their needs, with six attractive options to choose from. Again, full height windows are a feature, allowing bright, open living spaces demanded by today’s purchasers.
- THE THREE BEDROOM TRIPLEX
Open, cutting edge contemporary design showcases the stunning triplexes – with five options to choose from – each boasting a private roof terrace. Three double bedrooms, with the master benefiting from a dressing room and ensuite, will appeal to young professionals and families alike. Double height ceilings engender a real sense of space, filled with pools of natural light and these smart penthouses offer open vistas across the city centre skyline.
The appeal of City Gardens is not limited to its distinctive look, stylish accommodation and mix of homes. It has been conceived as a community hub on the doorstep of Manchester’s business district and is designed to meet the flexible needs of today’s modern business. You’ll find innovative entrepreneur studios - ideal for start-up businesses – meeting rooms, interaction areas and hot-desking facilities.
Together with the adjoining Sky Gardens, the building offers some 8,000 sq ft of ground floor commercial space facing both Chester Road and the new public square enhancing the appeal and continuing development of the area. The square itself, surrounding courtyards and tree-lined walkways will provide a pleasant retreat to meet, relax and interact. While a ninth floor communal roof garden at the City Gardens provides a skyline amenity for residents featuring an attractive sun terrace, picnic and barbecue areas and vegetable gardens.
There are 43 optional secure parking spaces at basement, ground and upper ground floor level, and every home has been allocated a bike storage facility on the ground floor. City Gardens defines and delivers the best of city living. The development offers stylish homes, convenience and easy access to appealing outdoor space at the heart of Manchester - plus excellent bus, rail, tram and motorway links. It’s a compelling combination.
De Trafford - The Developer
DeTrafford Estates dare to be different. The company’s signature approach to developments combines unwavering commitment to high design and build standards with the space to breathe. Their corporate growth and success is founded upon a philosophy of placing the community at the heart of projects by creating dynamic and diverse civic spaces.
It’s a successful formula that sees an expanding portfolio of desirable, sought-after properties with broad appeal and a very real sense of coming home. Their fast growing offering of developments is testimony to exacting standards and driven desire to provide attractive homes equipped for the needs of today’s purchasers, with over 2,100 residential units currently being developed. DeTrafford Estates continually strive to achieve innovative, efficient and elegant design solutions – key components in our mission to deliver high quality homes, cherished by owners and communities, and acknowledged for their sustainability. Embracing environmentally conscience living and low energy solutions are just some of the ways DeTrafford Estates are helping to lead the way home.
We’re back in Manchester for a few reasons. The first one is that our previous partnership with the developer has given us exclusive rates in this new development. That means our investors get in on this amazing deal and before prices continue to rise, driven by simple supply and demand laws.
The other major reason is the pure strength of Manchester and its economy. Employment investments and transport investments are made here which will help this booming area grow even further. The city is already the ninth strongest regional economy in Europe, so its prospects are truly stellar.
Manchester is a property investors dream, and this development offers a unique opportunity for investors looking to add Northern property to their portfolios. These are likely to go like hotcakes, so don’t wait!
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