Located in the absolute heart of the UK’s most dynamic city, SYNQ-MCR is a new, high-quality residential development designed by IDP, one of Manchester’s leading architects The development comprises of 183 units over 8 stories with ground floor commercial units, communal facilities, and a rooftop garden. Just one minute walk from Market Street, Manchester’s main shopping street, yet located within Manchester’s hip Northern Quarter, the development is in an unrivalled location within the city – rental demand will be exceptionally high.
The scheme has been designed to appeal to the rapidly growing rental market as well as offering units attractive to owner-occupiers – exceptional rental demand and a strong resale market. Local property prices are predicted to rise by 19.3% (Savills) during the construction phase of the project, allowing purchasing at today’s prices with the potential for significant capital growth before completion. Apart from the shortage of potential development projects in the M1 postal district, most city-centre development is being pre-purchased by Institutional / Private Equity PRS funds providing little or no opportunity for the individual investors or owner-occupiers to purchase a property in super-prime locations in this buoyant market.