Projects
February 24, 2025

Project Eden, Greater Manchester

A fully tenanted 23-unit portfolio in a beautifully refurbished historic mill

A prime residential investment offering strong rental income, historic character, and long-term capital growth. This stabilised portfolio benefits from full occupancy since inception, attractive gross yields, and a below-market-value entry point.

Location & Market

Located in Greater Manchester, an area experiencing high tenant demand and strong rental growth. The development benefits from excellent transport links, a growing professional tenant base, and proximity to key employment hubs.

Key Metrics
  • 23-unit portfolio generating £256,536 in gross annual rental income.
  • 8.1% gross yield with a net operating income (NOI) of £133,912 per year.
  • Units include a mix of one, two, and three-bedroom apartments and townhouses.
  • 100% occupancy since inception, demonstrating strong tenant demand.
  • 16.1% below market value, developed by a well-established Manchester developer.
Scope
  • A stabilised, high-yielding investment with full occupancy.
  • Potential for rental growth and capital appreciation.
  • High-specification refurbishment in a sought-after heritage development.
  • Fully managed with professional tenant sourcing and oversight.
Why This Project?
  • Immediate rental income from a fully let portfolio.
  • Competitive entry price with strong value uplift potential.
  • Located in a high-demand rental market with strong fundamentals.
  • Well-established developer with a track record of successful projects.
Next Steps

Opportunities are open for investors seeking a fully occupied, income-generating asset with strong returns. Expressions of interest are now being accepted.

For further details, please get in touch.

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