Verta Property Group

Victoria Residences, Manchester

Status

Complete, Off-Plan

Project Type

New Build, Residential

Project Location

Manchester

Completion Date

October 4, 2024

Price Range

£202,000

Short-Let Approved Waterside Homes

Key Details
  • High Rental Demand Manchester Location
  • Low Starting Price of £202,500
  • Complete and Off-Plan Apartments
  • Exceptional Estimated NET Yield of 11%
  • Only 20% Needed to Exchange
  • Minutes From the University of Manchester
  • Multi-Billion-Pound Regeneration Location

City Walk Location

Victoria Mill presents a unique investment opportunity in East Manchester’s thriving regeneration zone, located along a picturesque waterside. Blending countryside charm with modern living, this development is highly sought-after by both long and short-term renters. Situated a short distance from Manchester’s popular Ancoats district, Victoria Mill fits perfectly with the local aesthetic and has gained significant traction in the city’s high-demand rental market. Its proximity to NOMA, the Northern Quarter, and Manchester Piccadilly Station makes it especially appealing to the vibrant community of young professionals. With secure gated parking, high-end amenities, and apartments that preserve iconic features like structural columns, Victoria Mill offers a blend of character and modern convenience. Financially, it’s hard to beat, with a 5-year projected NET cash return of £106,826 and short-let approval, boosting monthly cash flow. If you’re considering completed or off-plan units, this development provides excellent value and strong returns.

Why Invest in Manchester?

Manchester, known for its rapid expansion, continues to be one of the UK’s fastest-growing cities. Between the last two censuses, Manchester’s population grew by 9.7%, significantly outpacing the national average. This growth is expected to accelerate, with projections suggesting the city’s population will exceed 635,000 by 2040. However, Manchester’s housing market is struggling to meet this rising demand. The city council estimates that at least 50,000 new homes will be needed by 2040 to accommodate the growing population, but current development plans fall short, projecting only 30,000 new homes in the same period. This shortfall, coupled with ongoing supply constraints, has driven property prices up by 7% over the past year alone. Rental prices have also surged, with a 10.5% year-on-year increase as high demand from professionals, students, and young families continues to outstrip supply. For investors seeking a dynamic market with strong growth potential, constrained supply, and increasing rental yields, Manchester stands out as an exceptional buy-to-let opportunity.
Victoria Mill presents a unique investment opportunity in East Manchester’s thriving regeneration zone, located along a picturesque waterside. Blending countryside charm with modern living, this development is highly sought-after by both long and short-term renters. Situated a short distance from Manchester’s popular Ancoats district, Victoria Mill fits perfectly with the local aesthetic and has gained significant traction in the city’s high-demand rental market. Its proximity to NOMA, the Northern Quarter, and Manchester Piccadilly Station makes it especially appealing to the vibrant community of young professionals. With secure gated parking, high-end amenities, and apartments that preserve iconic features like structural columns, Victoria Mill offers a blend of character and modern convenience. Financially, it’s hard to beat, with a 5-year projected NET cash return of £106,826 and short-let approval, boosting monthly cash flow. If you’re considering completed or off-plan units, this development provides excellent value and strong returns.

Features & amenities

No Additional Fees

Unlike other companies, we do not charge you any sourcing fees, with no hidden costs. We are completely transparent.

Industry Regulated

We are proud members of The Property Ombudsman Scheme, which protects property investors via a third party.

Extensive Due Diligence

We take great care to conduct rigorous checks on any development company we promote to ensure high levels of security.

After-Sales Support

Following your purchase, our UK team are here every step of the way offering construction updates and assistance.

Tailored, Sensible Advice

After a free consultation, our team will find an investment property that's suitable for your objectives & budget.

Fully Managed & Hands Off

No matter where you're based, we ensure there are management companies in place to handle everything for you.

Victoria Residences Location

address
10 Lower Vickers Street, Manchester, M40 7LL
Key transport
  • 7 Minutes Train Ride to Manchester Regional Arena
  • 8 Minutes From Etihad Stadium
  • 10 Minutes to Manchester Piccadilly Station
  • 10 Minutes From Arndale Centre
  • 12 Minutes From the Manchester Victoria Station
  • 15 Minutes Drive to University of Manchester
  • 19 Minutes Drive to Spinningfields

Victoria Residences Summary

  • 250-Year Leasehold
  • Local Expert Developer with Proven Track Record
  • Excellent Transport Links And Connectivity
  • Secure Communal Parking
  • Off-Plan Completing Q2 2025
  • Major Local Development and Regional Investment
  • M40 Location

Causeway Waters, Staines - Location

Victoria Mill presents a unique investment opportunity in East Manchester’s thriving regeneration zone, located along a picturesque waterside. Blending countryside charm with modern living, this development is highly sought-after by both long and short-term renters. Situated a short distance from Manchester’s popular Ancoats district, Victoria Mill fits perfectly with the local aesthetic and has gained significant traction in the city’s high-demand rental market. Its proximity to NOMA, the Northern Quarter, and Manchester Piccadilly Station makes it especially appealing to the vibrant community of young professionals. With secure gated parking, high-end amenities, and apartments that preserve iconic features like structural columns, Victoria Mill offers a blend of character and modern convenience. Financially, it’s hard to beat, with a 5-year projected NET cash return of £106,826 and short-let approval, boosting monthly cash flow. If you’re considering completed or off-plan units, this development provides excellent value and strong returns.

What's Our Role?

Track Capital Investment Service

  • Fully Managed – Hands Off Purchase
  • Invest Remotely From Anywhere In The Globe
  • Mortgages Available
  • UK, Dubai & Hong Kong Office Staff To Assist
  • No Admin Fees or Commission To Pay Us
  • Dedicated Point of Contact From Start to Finish