6 Storey modern development of 66 apartments in the heart of Manchester’s New Cross district.
Located to the immediate north east of the City Centre, Halo stands in the Angel Meadows district of the city, another area of Manchester that has undergone and continues to undergo vast regeneration,
Steeped in history dating back to the industrial revolution, Angel Meadows park is situated on a slope between the River Irk and Rochdale Road. The area is now home to residential apartments and the striking One Angel Square office building – one of the most sustainable large buildings in Europe and is built to a BREEAM ‘Outstanding’ rating.
Centre of New Cross district
One, Two and Three Bed apartments
Situated on a former surface carpark amongst many other new developments, Halo comprises one, two and three bedroom apartments with a selection of properties benefitting from allocated underground parking. CERT had the role of agent on behalf of the developer Forshaw, retaining management of a number of apartments. Investor yields achieved range between 6-7%, with the development popular with the key tenant demographic 18-35 year olds due to its close proximately to Victoria Station, Ancoats and the Northern Quarter.
New Cross is set between two of Manchester’s the most vibrant cultural neighbourhoods, teeming with great hospitality venues and nightlife; Ancoats, which has been named the 20th coolest place in the world, and one of the UK’s biggest tech hubs, the Northern Quarter .
These two districts, just north east of the city centre, ranked amongst neighbourhoods in Berlin and Tokyo in Time Out’s list of trendy hotspots, coming just behind Noord in Amsterdam in the 50 Coolest Neighbourhoods in the world list.
Ancoats is home to Manchester’s most creative companies, independent bars, coffee roasters, breweries, media companies, busiest hotels and a Michelin* restaurant, all weaved into the cities richest architectural fabric. The area has the highest demand in the city centre for postgraduates and young professionals. Largely due to the location, type of property stock on offer, the bars and restaurants and critically, the price. This area of town is perfect for those looking get their first home or rental in the city. It’s not just locals that rate these areas, even the San Francisco Chronicle marked it out as a great place to visit for budding tourists.
Where as, the Northern Quarter, has for years been famous for it’s creativity and modern businesses. It too is built on independent businesses, shops, cafés, bars, art galleries and restaurants, and is at the fore of tomorrow’s culture – whether fashion, music and media. This hotbed of culture and entertainment, mixed with the Governments 2015 announcement that the Northern Quarter would be designated a “Tech Hub”, has firmly established the Northern Quarter as one of the favourite locations in Europe for digital and IT companies to locate to, pushing up housing prices in all districts surrounding it.