X1 The Plaza

X1 The Plaza will contain a stunning array of luxury one, two, and three-bed apartments, as well as breath-taking penthouses and even a selection of striking three-bed townhouses. This development epitomises luxury living and will provide its tenants with modern top-of-the-range amenities, including high-end fixtures and fittings in every apartment, private garden balconies or terraces and a residents only gym

  • Located in Manchester
  • Prices From £110,000
  • City Centre Location
  • 1, 2 and 3 Bedrooms Available
  • Town houses Available
  • Completion Summer 2017

Why Invest in X1 The Plaza?

X1 The Plaza is a revolution in modern city centre living. Set over two stunning buildings, this development will provide much-needed luxury apartments to the private rented sector in the highly sought-after city of Manchester.
X1 The Plaza will contain a stunning array of luxury one, two, and three-bed apartments, as well as breath-taking penthouses and even a selection of striking three-bed townhouses. This development epitomises luxury living and will provide its tenants with modern top-of-the-range amenities, including high-end fixtures and fittings in every apartment, private garden balconies or terraces and a residents only gym. 
This development is perfect for the influx of young professionals seeking to live and work in the dynamic city of Manchester, as X1 The Plaza offers everything that modern tenants would ever need in their new home.
As well as its stunning interior, X1 The Plaza will also benefit from a unique external aesthetic, with the impressive buildings soon to become a key feature of the city's iconic urban skyline.

X1 The Plaza is a truly revolutionary development in high-end city living—as well as offering unparalleled city views and the close proximity to Manchester City Centre, X1 The Plaza also offers its residents a sense of beauty and tranquillity in the midst of the hustle and bustle of a busy city. Its focus on providing tenants with beautiful private green spaces (thanks to its exceptionally large balconies and stunning private residents gardens) shows that X1 The Plaza is more than just a home, it's a retreat. 
X1 The Plaza has been designed with its residents in mind—situated over two stunning buildings (the North and the South Plaza), this development contains a mix of luxury one, two and three-bed apartments, as well as striking penthouses and two-storey townhouses.
Each home within this development is furnished* to the highest specification, complete with state-of-theart fixtures and furnishings and will feature high-end 
creature comforts such as a flat-screen SMART TV that perfectly befits luxury city centre living. Furthermore, the majority of apartments within X1 The Plaza will contain stunning open-air garden spaces, including beautiful private terraces, striking wrap-around balconies and even beautifully-landscaped split-level gardens for its residents.

Investment options for X1 The Plaza:

  • 1 bedroom from £114,995
  • 2 bedroom from £150,000

Example financial projection for a 2-bed apartment:

  • Purchase price: £155,000
  • Est. annual rent: £11,400
  • Est. service charge: £801.05
  • Est. management fee: £912.00
  • Est. ground rent £350.00
  • Est. NET income: £9,336.95
  • Est. NET yield: 6.02%

FAQ's

Am I buying freehold or leasehold?
235 years leasehold
What is the address of the site?
X1 The Plaza, Great Ancoats Street, Manchester M4 7DB
Are there tenants already in place?
No, X1 The Plaza is a new-build development, which will be furnished to the highest of standards and be ready to accept tenants in Q3 2017
Is there a management company in place?
Yes, the designated management company for X1 The Plaza will be X1 Lettings, who will block manage the building on your behalf
What are the projected annual returns on X1 The Plaza?
Estimated returns are approximately 6% from the completion of your apartment
Are there any restrictions if I want to sell?
No, X1 The Plaza is a residential development so you are free to sell your apartment on the open market, from completion
How much is the ground rent?
Ground rent is £350 per annum

The Property Supplier

For more information on X1 The Plaza please contact:

+44 (0)1494 416 196 (UK)

OR

+852 53034685 (Hong Kong)


Online Enquiry