NEW RELEASE - MANCHESTER CITY CENTRE3 BEDROOM CITY VIEW PENTHOUSE RENTAL RETURN 1250.00 p/m - 7.7% Gross YieldThe City of Manchester has been named by HSBC in the 'Top 4 UK Property Hotspots' Investors - 6% assured NET rental yields for 1st year 1 and 2-bedroom apartments available 5minute walk to Manchester Piccadilly Train Station Secure parking spaces available with selected units 10minutes walk to City Centre shops, bars and restaurants On the commuter belt with instant access to the Mancunian Way Completion date: 2nd Quater 20165000 Reservation Fee25% on contract exchange Q1 201525% 6 months into the constructionBalance on Completion 2nd Quater 2016After experiencing years of little-to-no construction, Manchester is booming once again, with new-build apartments starting to appear on the skyline as confidence in the market begins to pick up pace.As market leaders in the buy-to-let sector, our current portfolio of products includes a number of off-plan developments, some of which are already in construction, from experienced developers with a solid track record of completed products.The demand forrental stock in the UK is the highest it has ever been, as the continued risein house prices ensures thatfirst-timebuyers cannot afford to take that first step onto the property ladder. Instead,tenants are looking for high-qualityrentalaccommodation, in properties which they can essentially move straight into,without the hassle of waiting for it to beredecorated orrepaired.As the propertymarket starts to move and construction picks up pace, buy-to-let properties areincreasingly becoming a morehands-offinvestment than they have ever been before, due to the new-build status of thebuilding and the improved quality ofthe lettingsand management agencies which are employed to maintain the property.No investmentcan ever be considered safe, but there are certain sectors, like buy-to-let,where you can minimise your risk. Purchasing abuy-to-let property is once again being viewed as a way to generate a positivecash flow on your investment, asincome isgenerated not only on rent, but from the capital appreciation gained on theproperty from the start. Manchester is oneof thestrongest rental markets outside of London, due to a severe shortage ofnew-build stock for at least the past six years.Apartment TypePrices fromOne-bedroomapartment from 110, 000One-bedroomapartment with balcony from 110, 000Two-bedroomapartment from 135, 000Two-bedroomapartment with balcony from 135, 0003-bedroompenthouse from 195, 000* All figuresare based on forecasts provided by the developer, are indicative only and aresubject to change.Any financialinformation provided in this document is intended as a guide and does notconstitute a contract.InteriorSpecificationCommunal AreasMain communalentrance area with ceramic tiled floor finishesIndividual postboxes within communal ground floor areaElectronic foboperated door entry systems with video linkLift access toall floorsQuality carpetingto communal stairwell and corridorsRefuse chutesfor waste disposal on each floorKitchen AreaFully fittedmodern kitchen with a selection of base units and laminatedworktopElectricmultifunction oven and hob finished in stainless steelIntegratedfridge and freezer compartmentContemporaryvinyl flooringBathroomsModern whitesanitary ware including concealed cistern WCContemporary chrome fittingsHigh qualityshower fittingWalls andfloors fully tiled in contemporary ceramic tilingHeated electrictowel railGeneralInteriorPainted finishto all walls, ceilings and skirtings in whiteFull heightaluminium framed double glazed unit to external windowsCamaro vinylwood strip flooringSelectedapartments with roof top terrace overlooking the cityRecesseddownlighters to all areasEfficientindividually controlled thermostatDISCLAIMER:Please note that Quay Property have not tested any equipment, services or central heating system mentioned in these particulars and purchasers are advised to satisfy themselves as to their working order and condition. These particulars do not constitute or form part of an offer, nor may they be regarded as representations, all interested parties must themselves verify their accuracy. To view this property, please call 0161 920 6487.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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