Millenium Point
Erie
Basin
Salford Quays, Manchester
United Kingdom
Description
In a continuation of
the redevelopment of the Salford Quays area, Millenium Point will provide a
mixture of studio, 1 and 2 bedroom apartments along the once busy stretch of
water that now provides a tranquil backdrop for its residents. The two
residential blocks of apartments at Millenium Point are positioned to maximize
the views across the dock. Stunning in its visage, the glazed building appears
to have almost dropped from the sky and landed on its site at Erie Basin,
Salford Quays.
The proximity of Millenium Point to the city centre will prove very popular with
tenants as the city's rental market continues to demand high specification
living within a short distance of its centre. With the completion scheduled for
2007, Millenium Point is the unique investment opportunity with strong rental
expectations due to the unique location and specification.
As an investment opportunity, Manchester proves itself a worthy contender. The
Manchester property market has continued to experience significant price rises
in 2003/2004 with Greater Manchester listed as number 7 in the UK's top 10
property hotspots (source: Halifax House Price Index) out performing other areas
in its region this year.
Manchester is England's second city according to a MORI poll carried out in
September 2002, ranking only behind London in terms of its residential
marketplace. Over the past eight years the city living phenomenon, once solely
associated with the South of England, has advanced here and is now well into its
development curve. In 2002, Central government's Urban Task Force cited
Manchester as an example of city centre repopulation at its best.
The city is seen as the commercial, educational and cultural capital of the UK's
largest economic region outside of London. This coupled with excellent motorway
and rail connections to the rest of the UK and Europe, its own International
Airport and a sound educational infrastructure, Manchester can, with ease,
maintain the size, mobility and quality of its workforce. Greater Manchester is
now the second largest sub-regional economy outside London and the South East,
home to around 80 of the 100 top UK companies listed by the Financial Times.
From the destruction brought about by the terrorist bombings of 1996 came
opportunity, and now Manchester is looked on as a dynamic fast growing city with
success stemming from the growth of the industrial and service sector.
Manchester has a workforce of 1,190,000 people and a GDP of £28billion.
Historically an industrial city, Manchester's shift in industry from shipping to
service has meant the demand for prime city centre office space is high. With
little value can be found in the commercial property market in London and a
saturated rental market in key areas of the Capital remains, many industries
have moved north to relocate in Manchester, bringing with them a young
professional workforce. This has ensured that residential demand levels keep
rising.
Benefits for Investors:
Striking architectural build on sought after Dock No. 9 in Erie Basin.
Opportunity to invest in an exclusive off-market offering.
The Manchester property market has continued to experience significant price
rises in 2003/2004 with Greater Manchester listed as 7th in the UK's top 10
property hotspots (source: Halifax House Price Index).
Strong rental expectations due to the unique location and specification.
Superb infrastructure to include light rail system, 6 mins to city centre.
The Lowry Centre, Lowry Designer Outlet, and Trafford Business Park are on your
doorstep.
Revolutionary development where completion is scheduled for 2007.
Attractive payment terms: Eur2000 refundable booking fee.
Only 5% deposit at contract stage is required to secure an apartment.
For Further Information Regarding This Property Please Write to:
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Price, terms and availability of the property is subject to change without notice. This is an equal housing and credit opportunity. This promotional effort is not intended to constitute an offering in violation of the law in any jurisdiction. Complete offer information is available upon request. Models do not reflect any racial preference.
Disclaimer for US Residents: NO DEPARTMENT OF REAL ESTATE LOCATED WITHIN THE UNITED STATES HAS EXAMINED THIS OFFERING, INCLUDING, BUT NOT LIMITED TO, THE CONDITION OF TITLE, THE STATUS OF BLANKET LIENS ON THE PROJECT (IF ANY), ARRANGEMENTS TO ASSURE PROJECT COMPLETION, ESCROW PRACTICES, CONTROL OVER PROJECT MANAGEMENT, RACIALLY DISCRIMINATORY PRACTICES (IF ANY), TERMS CONDITIONS, AND PRICE OF THE OFFER, CONTROL OVER ANNUAL ASSESSMENTS (IF ANY), OR IMPROVEMENTS. IT MAY BE ADVISABLE FOR YOU TO CONSULT AN ATTORNEY OR OTHER KNOWLEDGEABLE PROFESSIONAL WHO IS FAMILIAR WITH REAL ESTATE AND DEVELOPMENT LAW IN THE COUNTRY WHERE THIS SUBDIVISION IS SITUATED.