2 Bedrooms Flat for sale in Off Market Manchester Investment, New Kings Head Yard, Salford, Manchester M3 | £ 290,000
Overview
Price: | £ 290,000 |
---|---|
Contract type: | For Sale |
Type: | Flat |
County: | Greater Manchester |
Town: | Salford |
Postcode: | M3 |
Address: | Off Market Manchester Investment, New Kings Head Yard, Salford, Manchester M3 |
Bathrooms: | 1 |
Bedrooms: | 2 |
Property Description
Off-Market Property Investment
For Investment Purposes Only – 15% Deposit Required
This is an off-market investment opportunity located in Manchester city centre surrounded by some of the city’s most famous attractions. 1,2 and 3-bedroom apartments are perfect for the young professionals of the city and are available to purchase from just £180,000. A rental return is projected at 6% by a development company who is highly experienced in developing residential property throughout Manchester.
An unrivalled range of facilities can be found onsite unlike anything ever seen before on the residential market and the quality of the apartments is first-class. Due to complete in Q2 2019, the apartments are nearly ready to be tenanted if you are looking for a fully-functioning property investment. This exclusive deal boasts just a 15% deposit which is required to secure an apartment.
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Investment Overviews
Projected 6% Rental Return
15% Deposit
Manchester City Centre
Completing Q2 2019
Reputable Developer
Prices from £180,000
Investing in Manchester
Manchester has overtaken London for property investment as the northern city tops the charts for lucrative buy to let opportunities. Below market value prices, high rental yields and billions of pounds worth of regeneration taking place create the perfect formula for investment. The £1.5 billion spent on Spinningfields has been followed with an £800 million N.O.M.A investment plan, £1 billion St Johns scheme and a £300 million Enterprise City to name just a few key projects. With capital appreciation among the highest in the UK, growth on property will increase by 4.5% by 2021 according to property experts jll whilst rentals with grow by the same amount.
The population is rising year on year with 56,000 extra people expected to be living in the city by 2034. This, combined with the 31,000 new jobs predicted to be created due to the increased number of businesses calling Manchester’s vibrant city centre home, is causing a high demand for residential property. Many young professionals are seeking out luxury apartments throughout this cosmopolitan area now regarded the ‘second city’ of the UK. There are not currently enough living spaces available to accommodate the demand, generating a decidedly rewarding market for buy to let investors with below market value prices and the best returns.
For More Information on this Off-Market Opportunity, Call Us Today or Register Below for an Info Pack
Property Location
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