Falcon, Red Bank Riverside
Victoria North, Manchester
Prices from £268,500
10% deposit NOW
UP TO 6% YIELD
1, 2 and 3 bed Homes Available
250 year leaseholD
Fantastic Amenities
UK investment property overview: FALCON, MANCHESTER
Red Bank is one of seven neighbourhoods that make up the new city quarter Victoria North. Falcon, a 20-storey tower with ground floor retail, occupies a prime position within Red Bank, overlooking the high street and River Irk and surrounded by green public spaces. It will be one of the first buildings scheduled to complete in this major new district – Manchester’s largest urban renewal to date.
Victoria North is the result of £ 1billion+ joint venture between developer FEC and Manchester City Council. It will deliver 15,000 new homes across 155 hectares, create a new 113-acre city river park and provide new schools, healthcare facilities and transport links, a whole new district north east of the city centre.
Designed by award-winning architects Hawkins Brown, apartments are highly stylised, designed to appeal to Manchester’s fast-growing population of young professionals, the city’s population growth rate double that of the UK average. The six-storey residents-only clubhouse, situated next door to Falcon, is a real draw offering co-working spaces, restaurant and bar, fitness and wellness suite and function rooms for private hire.
PROPERTY DETAILS
Q2 2027
10% on Exchange
10% 12 Months later
80% on Completion
250 Year Leasehold
189 Units
Completion date:
Payment Plan:
Tenure:
Total No. of Units:
Red Bank is one of seven new neighbourhoods that make up Victoria North, the biggest urban renewal project Manchester has ever seen.
Ten-minute walk to Manchester Victoria Station and the Metrolink directly connected to five lines.
UK PROPERTY FOR INVESTMENT: FALCON, RED BANK RIVERSIDE, MANCHESTER
1 beds from £268,500 with yields up to 6%
A whole new neighbourhood, moments from the city centre
Be a stakeholder in Manchester’s largest area of regeneration to date
LOCATION
Falcon enjoys a prime position within the new neighbourhood of Red Bank at the intersection of Dulwich Street with Dantzic Street, overlooking the high street and the River Irk which run parallel to each other. It’s also strategically positioned to the city’s places of work - close to NOMA, Manchester’s business-centric district, home to a host of international companies – and the city’s places of study, a 15-min cycle from the University of Manchester.
Only a short walk to Manchester Victoria station, Red Bank is close to the well-established city districts of NOMA and the Northern Quarter – making it a covetable location, the Northern Quarter regarded as the city’s hippest district.
TAKE A WALK
• 3 minutes -
NOMA District
• 10 minutes -
Manchester Victoria Station & Metro
• 15 minutes -
Central Retail District
• 18 minutes -
Northern Quarter
RIDE THE TRAIN
Manchester Piccadilly
Etihad Campus
Old Trafford
Salford Quays
Manchester Airport
London Euston
• 10 minutes -
• 18 minutes -
• 19 minutes -
• 21 minutes -
• 33 minutes -
• 2 hrs. 35 minutes -
Take a tour at Red Bank Riverside
ENQUIRE NOW
Why invest in MANCHESTER?
Manchester is the UK’s second largest economy outside of London. The thriving Northern city, often referred to as the Northern Powerhouse, is a high performing property market for property investors and a magnet for global talent and students, two demographics that are key drivers of the property and rental markets. Between 2021-2024 rents have grown by 50% (JLL) and the prime new build market is in high demand.
24.3% house price growth expected between 2023-2026 (Savills) outperforming all other regional markets.
Diverse economy with cross sector appeal the city is renowned for advanced manufacturing, finance and professional services, creative and media, and tech and digital industry. This mix of traditional and future-focused/innovative industries endows the city with a buoyant workforce, the reason why Manchester excels in retaining graduates, young talent and continues to attract the best of the global talent pool.
Manchester has a very proactive attitude to new development, having attracted huge investment from major UK and international developers in its key areas of city-centre regeneration. The Council is often a JV partner in its major areas of redevelopment ensuring accountability for all stakeholders – and a good quality of new build.
Manchester continues to remain affordable for those who wish to live in the city centre. Unlike in Central London where the majority of people have been priced out, living in Manchester city centre is a possibility for vast swathes of its workforce. This creates a thriving property market and one more insulated from national or international trends.
According to a 2024 report by JLL: “The rental market in the city remains strong, with the average rent of a new build apartment rising 9.4% over the past twelve months (cooling from annual growth of 12.2% in December 2023). Demand for two bed rental apartments appears strongest, with rent of average new build two bed apartments rising 12.5% annually, and prime two bed rentals rising 14.9%.”
Just north of Manchester City Centre, Falcon enjoys a fantastic location on the doorstep of the city’s most-visited and trendiest districts; the Northern Quarter, the Central Retail District as well as the business clusters of Deansgate and Spinningfields. Competitively priced, the apartments offer serious long-term capital appreciation and a healthy rental income in the UK’s most exciting regional market.