Description

This residential complex is an example of a new premium construction in one of the most promising areas of Manchester. The complex consists of 174 apartments with 2 and 3 bedrooms. The building was built taking into account the latest trends, is located in the center and at the same time apartments are available at reasonable prices. The design is executed by award-winning architects and is ideal for families who need a convenient location with good transport links, as well as proximity to educational institutions, parks and sports grounds.

Commercial conditions:Type of investment: BUY-TO-LET.

Deadline: Q 4-2023 Prices from £268,510 for a one-bedroom apartment of 70 sq.m.

Panoramic view of the city
The best universities in the immediate vicinity
Located in the center of Manchester
1 minute walk to Metrlolink stop
Roof garden with panoramic views and places to relax
Courtyards with gardens
Parking – £ 20,000

Expected rental income ~5%Stages of payment:
Booking £5,000

25% down payment
The remaining 75% after completion of construction in Q4 2023

Why Manchester?Rental rates are higher than in London – net yield 4-5% per annum

Steady growth in real estate prices by 4-7% per year over the past few years. Over the past 12 months, an increase of 8.7% is one of the highest in the UK
The highest projected growth in the UK over the next 5 years is 18.8% according to Savills analytics
Is the best city for investment in real estate for rent according to the bank Aldermore
HS2 high-speed railway project under construction, which will reduce the time to London by 2 times
The presence of large employer companies – Google, Amazon, Microsoft, Booking, etc., and the active development of the IT sector, which increases the number of potential tenants
A high percentage of renters – 31% of the population