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Phase 1

Investment Highlights

  • Luxury studios from (£109,995) , One Beds from (£139,995) , 2 Beds from (£169,995) , 3 Beds from (£184,995)
  • Waterfront Living , including on Site Gymnasium , cinema room , parking spaces on allocated units and communal spaces.
  • Walking distance of Manchester City Centre , with two Metrolink stops positioned 5 minutes away from the development.
  • Investors can take advantage of the excellent rental market the city has to offer, with expected rental yields of 6%.
  • Part of Peel Holding strategic master plan , creating a new  City Centre gateway.
  • Manchester Waters , will be transformed to create a new commercial , leisure , residential and retail destination.
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X1 Manchester Waters is a flagship development, which will boast a collection of 500 luxury apartments set over 5 phases, on the 26 acre dockland regeneration site, Pomona Island. This exciting new development, will be the perfect tenant retreat, overlooking the stunning waterfront , whilst being within walking distance to the City Centre , offering tenants the best of both worlds. The site will offer both investors and homeowners a range of studios ,one, two ,three bedroom apartments , along with a private onsite gymnasium, cinema room and communal spaces. All apartments will come fully furnished, with the highest quality fixtures and fittings, including contemporary bathroom and bedroom suites. The location of X1 Manchester Waters is truly unparalleled.  With two Metrolink stops within a 5 minute walk, residents are able to reach some of Manchester top hotspots with ease , including the City Centre , MediaCityUk and Intu Trafford Centre.

Expected Completion Q4 2019

1 bedroom  Apartment – Total Purchase price 139,995

Reservation Fee £5,000 ( Forms part of your first deposit)

1st Deposit on exchange 25% – £34,998.75 – £5,000 = £29,998.75

2nd Staged Deposit – 6 months after exchange 10% – 13,999.50

Remaining balance on completion Q4 2019

Cash Flow

Rent – £700pcm

Service Charge & Ground Rent Aprox £97pcm

Management Fee 8% -Aprox £56pcm

Cash Positive £547pcm or £6,564pa

Property On Google Map

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