Apartment in city Manchester
29.00 sq.m.

€ 123 311

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UK. Manchester.
Media City 1, Manchester.
Facts for the investor:
• 1036 apartments with furniture that is unique to the real estate market
• the most comprehensive development of the North-West of England
• apartments with one, two and three bedrooms, are and Studio
• underground Parking, gym and home cinema
• the first two floors given over to small boutiques and cafes
• the building is located in the beautiful Harbor
• BBC and ITV are creating their innovation centers in the same place
• here is a large Museum and theater, approximately 40 cafes and restaurants in the area
• completion of construction - August 2016
• 2014 real estate in this area of Manchester had increased in value by 12%
• it is the first centre in Europe for new television transmission technologies of broadcasting, it is expected that 10 thousand jobs in the area years the BBC and the other ITV channel here will carry its employees from London
• it is important to note that the state supports the development of this part of Manchester, helping with investments and development in the area, as it is a model for other cities as empty warehouses, you can make a trendy and profitable for the city place
• the average amount Studio 29 sq meter
• one bedroom 38 square meters
• annual profit is expected at 6%, fixed in the contract with the management company
• excellent connections with other parts of the city, high-speed trams
What is interesting in this complex:
• furniture upon delivery
• more expensive finish
• payment plan: 25% upon exchange of contracts, then 10% after 6 months and the remaining 65% already at the end of construction in August 2016
• more rapid growth of prices
• all large apartments have been sold first, there are only studios and one bedroom
An example of a single apartment (value up to 125 thousand - not paid state tax on the difference from 125 thousand to 259 thousand paid 2%)
• £950 134 on the 20th floor
• £119 950 on the 2nd floor
The Studio cost about 100 thousand with a difference of plus or minus 5 thousand, depending on the floor
In the building where we now sell the apartment, 20 floors, other buildings, and phase will be launched later.
70% of the apartments in this building are already sold.
Many apartment owners have already received offers for the surrender of apartments in 2016 through the management company
Description:
• Type: Apartment (New Build)
• Bedrooms: Studio
• Bathrooms: 1
• Size: 29.00 sqm
• Tenure: Lithol
In the construction of 4 high-rise buildings . The total number of apartments 1036
Located near the BBC office in the heart of Media city.
The completion date of the complex by the end of 2016 –mid 2017.
The price of Studio apartments in this complex from 95 000 pounds
Enshrined in the contract profit of 6% (net annual profit after deduction of all expenses for the maintenance of the apartment and the complex) are transferred to the apartment owner by four instalments throughout the year (every quarter). Percentage of income is fixed for the next three years, with further possible revision of % (for other projects).
Media City Studio How to get to Manchester University:
Distance to cities in the UK:
• Bolton - 13.9 miles (18 minutes)
• Leeds - 50.1 miles (54 minutes by car)
• Sheffield - 40.5 miles (1hr 12 minutes by car)
• Birmingham - 82 miles (1hr 32 minutes)
• London - 195 miles (3hrs 33 minutes)

Seller information

Seller type Agency
Company YouLand

Location of the property on the map

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