Manchester is one of Europe’s fastest-growing cities, with more and more people heading North to make it their home. ¹
Affordable housing, exciting employment opportunities, and a lower cost of living all add to Manchester’s appeal, as the population has grown by 10% over the last few years. ²
The city is also enjoying a boom in real estate, with several ambitious developments set to change the landscape of the city forever.
One such project is Pomona Island, presenting a golden opportunity for those looking to make the most of Manchester’s coming-of-age and make a solid buy-to-let investment.
Pomona Island – Manchester’s Hidden Island
Pomona Island is located on the Manchester Ship and Bridgewater canals, nestled between Manchester city centre, Salford and Trafford.
The history of Pomona Island goes back to 1985 when a leisure facility opened on the site, boasting a large concert hall known as the Palace, gardens and various other attractions.
The island became docklands in the 1970s before being abandoned. The land has been forgotten and unloved for decades – until now. ³
The Rebirth Of Pomona Island Manchester
Pomona Island in Manchester is set to welcome visitors once again with the help of a £1 billion regeneration plan, one of the city’s most exciting developments to date.
The plan will see 25 acres of derelict land transformed into a mixed-use development with spaces for residential, business, retail, leisure and everything in between. ⁴
Bustling cafes and bars, as well as state-of-the-art sports facilities and expansive leisure spaces, will see Pomona Island reborn and thrilling locals and visitors alike once more.
The project will join Manchester City Centre with Salford Quays, allowing residents to enjoy easy access to a thriving city centre in luxurious surroundings.
Buy-To-Let Investments With The Heaton Group
Pomona Island will create a whole new community – a community that will be looking to put down roots and build a home.
Our major buy-to-let investments in Manchester are perfectly placed for those looking to enter the real estate market and reap the benefits of a buy-to-let property in Manchester.
Berkeley Square Manchester
Situated between Manchester’s thriving city centre and Salford’s cosmopolitan MediaCityUK, Berkeley Square offers luxury living for families and professionals alike.
Berkeley Square is made up of 500 stunning apartments built among a beautifully designed central square, boasting sought-after river views and excellent transport links to the city.
Salford’s property market has experienced incredible growth in the past decade, with the average price increasing by 4% in the last year only.
The area continues to grow in popularity thanks to high-quality developments and solid investment in infrastructure. A buy-to-let investment property here will prove incredibly lucrative.
A stone’s throw away from Pomona Island, Berkeley Square will give residents quick and easy access to everything the Pomona Island regeneration plan will offer. Find out more about Berkeley Square.
Tranquillity Manchester
Tranquillity is our luxury waterfront development, designed to be a peaceful retreat away from the busy city life.
Set in idyllic landscaped gardens, Tranquillity Manchester comprises 250 high-end apartments, perfect for professionals, families and first-time buyers. Again, its proximity to Pomona Island will make it extremely popular.
Salford continues to attract investors as properties there attain higher rental yields compared to other areas in Greater Manchester – typically between 5% and 7%.
As developments progress in the area, Salford will continue to thrive as a great place to live and work, so buy-to-let investments in Salford present an excellent opportunity to investors. Discover more about Tranquillity Manchester.
Buy-To-Let Investments With The Heaton Group
If you’re looking for a buy-to-let investment in one of the country’s most eligible cities, the Heaton Group can help make your ambitions a reality.
With over 50 years of experience in creating dream homes in Manchester and beyond, we are well-placed to help you find your perfect buy-to-let investment in Pomona Island in Manchester.
We’re a family-run property developer who understands the buy-to-let market, allowing our clients to buy off-plan property at below-market value for better ROI.
Our buy-to-let developments average a rental yield of over 6.9% and benefit from a 10-year structural warranty, giving you confidence and peace of mind.
Contact us today for more information about our buy-to-let investments in Manchester now.
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