We are pleased to present a range of brand new apartments for sale in Manchester City Centre that are on the market exclusively with Thornley Groves.

The inspirational new Ingenta development on Poland Street in the Northern Quarter comprises 30 brand new 1 and 2 double bedroom apartments. Prices range from £90,000 for a one bed right up to 2 bed pent house properties complete with roof terraces priced at £169,500.

These stunning apartments are on the market exclusively with Thornley Groves – Manchester’s leading Estate Agents – and will be ready to move into by mid-October. With expected completion now approaching, demand is likely to be high for these unique homes, so please get in contact today to reserve your appointment.

The Ingenta development is situated in the heart of Manchester’s trendy Northern Quarter, an area of the City Centre that has become a renowned hub of alternative and bohemian culture in recent years, boasting vibrant surroundings in a fashionable location.

This modern development continues that tradition, offering attractive and spacious homes at an affordable price, such as this 2 double bedroom show apartment within the building, which is on the market for just £142,500.

Providing 683 sq ft of living accommodation and including its own secure allocated parking space, this is the perfect apartment for the discerning purchaser. Just a few minutes walk from the centre of town you really are at the heart of the city’s bustle with an endless array of shops, restaurants and bars on your doorstep.

All of the apartments within the Ingenta building provide luxurious high spec accommodation throughout with top of the range fittings and fixtures and a choice of flooring to all rooms. With expected completion now within weeks, demand is likely to be high for these unique developments, so please get in contact today to reserve your appointment.

In addition to first time buyers at just £142,500 this brand new property would provide the perfect investment for the buy-to-let market.

Here at Thornley Groves we are experiencing an all time high in the number of tenants currently registered for rentals in Manchester City Centre, and have let dozens of apartments in the run up to the beginning of the new academic year in recent weeks.

For those interested in this side of the market we have a range of apartments to buy in Manchester, and this brand new development provides a perfect example.

At this price we estimate return on investment could be as high as a 6.4 per cent gross yield, and taking into consideration capital appreciation, not to mention the growing interest in this up and coming area of the City Centre, this figure is likely to return an even higher yield in the months and years to come.

At Thornley Groves we pride ourselves on being the best Estate Agents in Manchester and within our services we also offer the highest standard of property management in Manchester City Centre. Our dedicated team of professionals are focussed on taking the stress of Manchester property management off your plate – so that you can concentrate on enjoying your yield!

For more details, please contact Associate Director, Andrew Seldon, directly on 0161 245 1111, or alternatively for an information sheet on the Ingenta development on Poland Street, Manchester please click: http://www.homesonview.co.uk/Scripts/FullDetails.aspx?CID=THORMANC&AID=THGRTIBS&PID=TTP06788.

Want to know how much your home is worth? Book a Free no obligation valuation and marketing consultation with Manchester’s Leading Estate Agents today at: http://www.thornleygroves.co.uk/valuation-request/.

As reported in Residential Landlord earlier this month, the number of tenants registered with Thornley Groves, Manchester’s leading Estate Agent, has increased 117 percent since the start of the year, propelling demand for rented property in the City Centre to an all time high.

This large pool of registered applicants is good news for the city’s rental market, which is currently in high demand ahead of the start of the new University academic year in September.

Demand also looks set to be given a further shot in the arm with the swelling of MediaCityUK, when the BBC finally relocates to the north in earnest later this year.

There is a common misconception about the Manchester property market that too many homes were built too quickly in the peak of the pre-economic crisis years. In fact the number of unoccupied Manchester apartments is relatively low, and even at the height of the downturn in 2008 the city never really struggled for demand for tenants.

As explained by Thornley Groves’ Managing Director, Michael Groves, it is the scarcity of these new developments – rather than a lack of consumer funds – that has caused an increase in demand for rented accommodation in Manchester City Centre in recent years.

“What the period of illiquidity did bring was a halt to new investment in the City Centre, with the real hangover of this being a lack of new development schemes and consequently new homes,” said Groves. “So while demand has grown organically thanks to the increasing affluence of the city and a strong network effect brought about by an influx of tenants seeking to live and work in the City Centre, the stock of available homes to cater for them has not grown at the same rate.”

“There is however, an attractive pool of existing stock available, and the current combination of high demand and affordable homes means that now is the perfect time to invest in the buy-to-let market in Manchester. An investment for example in a City Centre apartment valued at £100,000 could likely be rented out for around £700 a month, providing a total annual income of £8,400 and representing an 8.4% return on investment. This is obviously significantly higher than the 3% return that buy-to-let investors have become accustomed to in the area in recent years, making the current market look very appealing.”

If you are thinking of investing in buy-to-let property in Manchester City Centre, call Andrew Seldon, Associate Director responsible for Manchester City Centre operations for Thornley Groves – Manchester’s leading Estate Agents – on 0161 245 1100 or email manchester@thornleygroves.co.uk.

As the leading provider of property management services in Manchester for the private buy-to-let investor, Thornley Groves have a large team of property managers providing a full property management services to over 1,500 landlords.

This is designed to take away the headache of managing buy-to-let property and is ideal for new investors who are looking to move into the market. If you are interested in this service please contact us directly at http://www.thornleygroves.co.uk/valuation-request/.