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CompleteManchester

Viadux Penthouses, Manchester

Three Completed Penthouses on Floors 38 and 39 of a SimpsonHaugh Tower

Prices from£1,700,000
PurchaseExchange and complete
StatusComplete
Yield / note250 year lease
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Viadux Penthouses, Manchester

Overview

Viadux is Salboy's 40 storey tower on Great Bridgewater Street, designed by SimpsonHaugh and built into the brick arches of the Victorian railway viaduct that gives it its name. The penthouse collection sits on floors 38 and 39: five homes in total, of which three remain, from a 1,504 sq ft two bedroom to a 3,237 sq ft three bedroom. The amenity floors occupy the restored arches below, with a pool, gym, bar, library and private cinema.

Key details

  • Two and three bedroom penthouses from £1,700,000, floors 38 and 39
  • 1,504 to 3,237 sq ft, three of five remaining
  • Pool, gym, bar, library and private cinema set into the restored viaduct arches
  • 250 year lease, zero ground rent, service charge estimated at £5.41 per sq ft
  • Reservation £5,000, simultaneous exchange and completion
  • Complete and ready to occupy

Verta's expert insight

Manchester has very little genuine penthouse stock, and almost none of it sits at 38 storeys above the city with amenity space of this quality underneath. That scarcity is the whole investment case here; it is not a yield play and should not be modelled as one.

At around £1,100 per sq ft these are priced as prime owner occupier homes rather than investment units. The buyer pool is small but it is also not price sensitive, and resale on a floor 38 penthouse behaves far more like prime London than like the Manchester apartment market below it.

They are finished and available now, which means you can walk them before buying. We would strongly suggest doing exactly that at this price point, and we will arrange it.

Prices shown are the lowest unit available on the developer's current release and change as units sell, so ask us for the latest availability list before you reserve.

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