PRE LAUNCH EASTBANK – PHASE II – X1 THE PLAZA – PRICES FROM £110,000
Mayweather Estates are delighted to announce a brand new scheme based in Manchester that will provide both great potential for rent income and capital growth.
X1 The Plaza is the second exciting phase at X1 Eastbank, following the fully sold out first phase. Comprising of 201 exclusive one, two and three bedroom apartments, including 11 luxury penthouses and seven townhouses, with on- site gym facilities, for the exclusive use of residents. X1 The Plaza is the perfect location for those looking to take advantage of luxury city living at a competitive price. Situated within walking distance of Manchester city centre, the development, is at the heart of an area with high rental demand and benefits from excellent local, national and international travel links via Manchester Piccadilly Station.
This exclusive new-build is expected to begin construction in January 2016 and be completed by Q4 2017. This nine-floor residential project will have a range of high-spec facilities suitable for all, with both car parking spaces and bike storage available. The advantage of it being a new-build project means that the developers have had a chance to reflect on what is wanted by modern consumers, and customise X1 Plaza to truly cater for all aspects of 21st century life. Being located so close to Manchester city centre means that many apartments will benefit from spectacular city views, with the remainder facing the garden courtyard and terraces. Private balconies are available on a number of the one and two bedroom apartments.
The Manchester Buy To Let Market Continues To Boom
Manchester’s buy-to-let market is currently flourishing, with HSBC estimating that investors could make up to 7.98% gross yields. The booming population has seen a 19% increase in the last decade to 2.55 million. Plus, with exciting transport projects such as HS2 and One North providing high speed connections to the city, the growth doesn’t look set to stop.
Just Released To Open Market
Jordan Yaffe, one of Mayweather Estates directors states “We are delighted to be chosen by the developer to market this scheme on their behalf. This has just been released to the open market, so our investors have a real opportunity to purchase an attractive priced apartment in the early stages of development. X1 (developer) has already constructed 10 sites to completion all of which are sold and tenanted. Planning is anticipated for December, and works will look to start early 2016 for completion 4th quarter 2017.
Want More Information?
For more information about our latest Manchester property investment opportunity and how we can help you build your own property portfolio, be sure to register your interest here today.
Alternatively feel free to contact one of our investment specialists on 0161 212 7414. Or visit our website today www.mayweatherestates.com