Our Investments
The Loom
Location
Manchester
Price
Prices From £171,000
Return %
Circa 6% NET
Feature
Only A 10% Deposit Required
Description
Property and Invest are proud to launch our latest residential development in Manchester- The Loom: Once home to one of Manchester's major metalworks factories, The Loom at Vulcan Mill is a contemporary residence located within New Islington's regeneration area. The new build gracefully interweaves Manchester's recent transformation while still being reminiscent of the area's cotton milling heritage.
Located in New Islington, The Loom at Vulcan Mill is just minutes away from the Northern Quarter, home to independent cafes, shops and digital media start-ups. It's also 1km from Manchester Piccadilly and the surrounding Piccadilly Basin development.
Why Manchester?
Price growth in Manchester's city centre has significantly outperformed the regional and national average. Prices have been rising steadily in the last three years, and this trend looks set to continue with a growth forecast of 28.8% from 2017 to 2021. Manchester's core urban area grew on average seven times faster compared to other central metropolitan areas of the UK's biggest cities.
Manchester is struggling to keep up with the pace of growth and demand for housing, especially following a dramatic decrease in residential completions since their previous peak in 2006. Manchester City Council is aiming to build a minimum of 25,000 new homes over the next decade, enhanced and supported by a GBP300 million Housing Investment Fund secured by the Devolution Agreement of Greater Manchester.
Specifications
- 101 Luxury 1 and 2 bedroom apartments
- Secure allocated parking
- 250 Year Leasehold
- City Centre Location
- Furniture Packs Available