Manchester city centre surrounding Piccadilly Warehouse at dusk

The Investment

Growth. Demand, Genuine Scarcity.

Discover the investment case behind a finite collection of homes in central Manchester.

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Employment

Not One Employer.
Not One Industry.

One of Manchester’s strengths is the breadth of its employment base. The city supports major employers and growing businesses across technology, finance, professional services, media, science, healthcare, education, advanced manufacturing and the creative industries.

That creates a wider pool of potential residents. Graduates beginning their careers. Professionals relocating to the city. Employees moving between companies and sectors. Entrepreneurs building businesses. International residents establishing themselves in Manchester.

For residential property, that diversity can be more important than dependence on any single major employer.

Talent

Talent Arrives Every Year.

Manchester’s universities form part of the city’s economic infrastructure. The University of Manchester and Manchester Metropolitan University sit within the wider Oxford Road Corridor alongside hospitals, research institutions and innovation businesses.

100,000+

Students referenced around Circle Square and the wider innovation district

16,000+

STEM graduates annually

That creates a continuously renewing pipeline of educated people entering the Manchester economy. Some leave. Many remain. And the businesses that employ them create further demand for housing.

Investment Across the City

Different projects.
One broader direction of travel.

Manchester’s growth is not dependent on one regeneration project. Investment is taking place across multiple parts of the city and wider region.

Mayfield

Immediately beside Piccadilly, Mayfield is creating a major new city-centre neighbourhood combining homes, workspace and public realm.

NOMA

A long-term regeneration programme continuing to reshape the northern edge of Manchester city centre.

Enterprise City

New commercial, cultural and employment space extending the city’s economic core around St John’s.

Oxford Road Corridor

A major concentration of universities, healthcare, research, science and innovation.

Manchester Airport

Continued investment around one of the UK’s principal international transport hubs.

A Product That Is Harder to Repeat

A modern residential asset inside a finite piece of the city.

Location and demand explain why Manchester matters. The building explains why Piccadilly Warehouse matters within Manchester.

A conventional apartment development can be reproduced. Another site can be acquired. Another tower can be designed. Another specification can be selected.

A Grade II listed nineteenth-century warehouse cannot simply be recreated somewhere else. For investors, that gives Piccadilly Warehouse a different proposition.

Contemporary Piccadilly Warehouse residence interior

Boutique by Manchester Standards

Just 80 residences.

Piccadilly Warehouse is a proposed collection of just 80 residences. That scale is deliberate.

Rather than hundreds of near-identical units repeated vertically through a tower, homes are shaped around two existing buildings and their individual architectural conditions.

Different floors. Different proportions. Different aspects. Different retained features.

The result is a smaller, more individual collection within a city increasingly characterised by large-scale residential development.

A New Home Inside an Existing Asset

New where performance matters.
Original where character matters.

The heritage proposition does not mean compromising on the residential product. Within the original structure, apartments are being created with new layouts, kitchens, bathrooms, lighting, building services and finishes.

That combination is central to the investment proposition. It allows residents to experience the individuality of a historic building without purchasing a home that has simply been left in the past.

A Sensible Investment Case

Not a Speculative Promise.

The case for Piccadilly Warehouse should not depend on permanent double-digit rental increases or unqualified predictions of capital growth.

It begins with more straightforward fundamentals. A central location. A broad employment market. Strong residential demand. A finite and differentiated product. Professional management. And a purchase price that can be assessed against the individual residence.

A property investment should still make sense when the market behaves normally. That is a stronger foundation than relying on exceptional forecasts.

Understanding Rental Return

Clear information matters more than an inflated headline percentage.

Where rental guidance is provided for an individual residence, it should be based on an independently assessed rental value and the actual purchase price of that apartment.

A gross rental yield is calculated before deductions. Owners should therefore consider costs including:

Service chargeProperty managementMaintenanceVoid periodsFinance costsTaxationTransaction costsIndividual circumstances

Net returns will vary from purchaser to purchaser.

More Than the Purchase

Manchester Property.
Managed in Manchester.

For an overseas investor in particular, the performance of a property is affected by what happens after completion. Finding a tenant. Managing the tenancy. Collecting rent. Responding to maintenance. Managing the building. Protecting the condition of the asset. Keeping the owner informed.

Piccadilly Warehouse is supported by an experienced Manchester-based residential team with more than 20 years of experience across development, lettings and property management. Through Manchester Rentals, owners will have access to a professionally managed service designed to support the investment beyond completion.

Discover Ownership

For investors who do not live locally, ownership should not require constant involvement on the ground.

A Manchester asset with an experienced team in Manchester looking after it.

Property marketingTenant acquisitionReferencingTenancy managementRent collectionApartment managementBlock managementFacilities managementMaintenance coordinationOwner communication

The Investment, At a Glance

80

Proposed residences

2

Grade II listed Victorian warehouses

M1

Central Manchester location

3 MIN

Manchester Piccadilly Station

1, 2 & 3

Bedroom residences

20+ YEARS

Residential development, lettings and management experience within the wider team

Additional apartment-specific information including pricing, estimated rent, service charge and availability will be provided against the individual residence once confirmed.

Every Investment Starts With the Individual Apartment

The wider story provides context. The individual residence makes the investment.

The wider Manchester story provides context. The building provides differentiation. But every purchase ultimately needs to be considered on its own merits.

View Available Residences

Current availability will allow investors to compare:

Purchase priceInternal areaFloorAspectBedroomsArchitectural featuresEstimated rent where independently assessedGross yield where appropriateService charge when confirmedAvailabilityFloorplan

This allows each residence to be evaluated individually rather than relying on one development-wide headline figure.

A Scarce Piece of a Growing City

Growth around it.
Scarcity within it.

Manchester continues to change. Its population, economy, employment base and built environment continue to evolve. Against that backdrop, Piccadilly Warehouse offers something fixed. Two surviving warehouses. A central Manchester address. A finite collection of homes. An architecture that already belongs to the city.