Malone Wharf

WiganUK

From gbp 282,000

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Malone Wharf

WiganUK

Malone Wharf is a beautiful selection of eight recently completed modular townhouses. Situated on the pristine Leeds & Liverpool Canal, the development benefits from picturesque surroundings while maintaining a short commuter distance of 30 minutes by rail from both Manchester and Liverpool.

Each 1000 sqft townhouse includes a private garden, rooftop terrace and parking space. The units are spacious, modern and pay tribute to the location’s historical significance with its urban-industrial design that is fit for the future. With sustainability and communal living in mind, the development incorporates the latest energy-saving technology to lower household power consumption and expenditure whilst reducing the overall environmental impact.

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Development Snapshot

Bedrooms

3 bedroom units

completion

Completed

size range

1000 sqft

Why invest in Wigan?

The lively town of Wigan lies along the River Douglas and the historic Leeds and Liverpool Canal, approximately 20 miles northwest of Manchester. The town was established in 1246 and, as with most areas in the north of England, benefited from the traditional industries of coal mining and cotton manufacturing during the industrial revolution.

The mechanisation of the textile sector in the late 18th century increased the number of factories in Wigan, leading to considerable economic and population growth. Wigan’s status as a centre for coal production, engineering and textiles in the 19th century led to the town becoming one of the first in Britain to be served by a railway, intrinsically linking to the economies of Manchester and Liverpool.

Population

341,785 forecast by 2035
+13% from 2000

Housing Deficit

undersupply of at least 9,345 units expected by 2030

Economy

the lowest unemployment rate in Greater Manchester at 3.5%

DOWNLOAD THE FAST FACT SUMMARY ON WIGAN

Would you like to learn more about Wigan? Download the investment case below.

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(See table below for estimated mortgage rates across different markets)

Equity required
EUR
Region Mortgage Rates (Up to) Acquision Costs (Estimated)
London 75% 5.0%
Manchester 75% 5.0%
Berlin 60% 7.5%
Melbourne 80% 4.0%
Brisbane 80% 4.0%
New York 55% 6.0%
Chicago 55% 6.0%
Miami 55% 6.0%
Tokyo 70% 5.0%
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*Prices and details are correct at the time of going to press. Readers are advised to make their own enquiries to verify such information.

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Hong Kong

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Harcourt House, 39 Gloucester Road, Wanchai, Hong Kong

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