For Buy to Let–50% Deposit Required – Below Market Value
We have an excellent opportunity for investors, with this Manchester city centre property coming back on the market. This propertyis enviably located on the edge of Manchester city centrein the thriving area of Ancoats and New Islington, which has high tenant demand.
You’ll earnfrom £7,200 annual rental income which is assured for the first year, and there are no restrictions on exit strategy.
This luxuriousproperty, has all the advantages of being a short walk awayfrom the local parks and independent shops of suburbia, but also close to the vibrant bars and restaurants of the city.
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Being located just 0.4 miles from Manchester Piccadilly train station means that manyapartments benefit from spectacular city views, with theremainder facing the garden courtyard and terraces. Privatebalconiesare available on a number ofunits, and the addition of a private gymnasium, on-site managementcompany and laundry facilities will make living at this property easyand stress-free.
• 6% Net Rental Returns • Manchester City Centre • Gymnasium & Secure Bicycle Storage • On-site Management Office • Experienced Management Company • Prices from £120,000
Manchester’s buy-to-let market is flourishing – it was named in the ‘Top 4 Buy-to-Let Hotspots’ in the UK, and hsbc estimated that investors could make up to 7.98% gross yields.
The city is experiencing exponential growth, with a 19% increase in population in the last decade and an array of planned transport projects including HS2 and One North.
As a result, it’s the perfect time to capitalise on demand for Manchester property.
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Property descriptions and related information displayed on this page are marketing materials provided by RW Invest London. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact RW Invest London for full details and further information.
Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.
Total annual consumption (in cubic meters) is then averaged into a monthly cost.
Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.
The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.
Full information on Council Tax discount entitlements can be found on the Gov.UK's website.