Manchester 0-1-2 beds – 7% NET income 2018 completion Sold out

£144,857/From

Description

Manchester city centre apartments for sale

Trafford apartments for an affordable buy to let investment

West Point Manchester offers a unique residential apartment block which is situated in the new regeneration zone of Old Trafford, Manchester.

Located in one of the city’s most up and coming areas, expected to see significant price growth as prices in surrounding areas have risen significantly.

West Point is being redeveloped into 346 high-quality residential units, with market-leading communal facilities for tenants, including a gym, roof garden, a landscaped Japanese garden area, parking, communal lounge and coffee bar.

In addition, the development will combine high-quality finishing and cutting edge low-carbon technology, meaning that the building will be one of the city’s most energy efficient, with a benefit to investors of an enhanced rental yield and future-proof investment.

Facilities include : Gym, Roof Garden, Landscaped Japanese garden area, parking, communal lounge, coffee bar and communal laundry

Investment Overview

  • 7% Net Rental Return
  • Manchester City Centre
  • Modern Low Carbon Technology Used Throughout
  • Hi Spec Design

After the 3 years the rental return is likely to be closer to 7% net

Completion due for the start of August 2018.

Assured Rental

7 – 8% Net for 3 years To be paid monthly or To be paid upfront

Interest on Deposit

5% interests on deposit to be paid upfront for clients paying 100% deposit on exchange

Number of units

336

Parking

On completion, the Seller will grant a licence to the Buyer to use a car parking space at the development at no additional cost to the buyer,

Unit Types

Studio / 1 bed / 2 beds

Sizes

14 – 66.9 sqm

  • Address: Chester Road
  • City: Manchester
  • State/Country: Greater Manchester
  • Zip/Postal Code: M16 9HU
  • Neighborhood: City
  • Country: United Kingdom

Detail

Updated on October 30, 2018 at 3:13 pm

  • Price: £144,857/From
  • Bedrooms: 1
  • Bathrooms: 1







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