Offers over
£2,500,000
Land for saleJordan Street, Manchester M15
About this property
Offers Over £2,500,000 for bulk acquisition
Approx. 76 secure basement parking spaces
Current rents at £250 pcm per space
Strong 8%+ net yield with further growth potential
150-year leasehold
Secure underground car park
Full CCTV monitoring
Prime Location
Ref: Kyna
ref: Kyna
An exceptional opportunity to acquire a portfolio of 76 secure basement car parking spaces in the heart of Manchester City Centre, within the highly desirable Southern Gateway.
This income-producing asset benefits from strong and growing demand, driven by a significant influx of new residential developments with limited parking provision.
Income generating from day one
Current rents at £250 pcm per space (with potential growth)
Approx. 8%+ net yield
Secure 24/7 access with CCTV
Long leasehold titles (150 years from 2002)
A rare, low-maintenance investment in one of the UK’s fastest-growing city centres, offering both immediate returns and long-term capital growth.
Location & Growth:
Located in one of Manchester’s most rapidly developing districts, the Southern Gateway is home to a wave of new residential towers, with further schemes underway including landmark buildings rising up to 77 storeys. The area is projected to accommodate circa 100,000 residents, significantly increasing demand for secure parking.
With many new developments offering limited or no parking, this asset is perfectly positioned to capitalise on the imbalance between supply and demand
Mortgage calculator
£12,506 per month
70+ lenders and 10,000+ products
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More information
Tenure
Leasehold (2152 years)
Service charge
£100 per year
Council tax band
TBC
Ground rent
£50
Ground rent date of next review

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