Studio Flat For Sale £102,950
A rare and highly sought after investment opportunity- perfect for investors looking to start or expand their portfolio in Manchester. This apartment offers investors a 6.36% net yield, and is tenanted and fully managed.
Westpoint is a totally hands-off investment opportunity - allowing investors to enjoy all the benefits of owning property in the UK's no.1 investment location, without any of the hassles of being a landlord.
The Apartment
Actual rent - £8,628
Operating fees - £2,081 pa
net rent - £6,547
The Development
Completed in 2018, to a pioneering standard of quality and finish, Westpoint not only offers residents somewhere to live, but also a built-in community - brought to life through the abundance of on-site facilities, and the dedicated residence team - all of which set Westpoint apart from other developments across the city.
Facilities and features include:
5* hotel-like facilities exclusively for residents
* A communal residents lounge
* Fully equipped gym
* Co-working space
* Onsite concierge services
* Dedicated onsite residence managers
Luxury and sustainability as standard
* Air source heat pumps
* Underfloor heating
* Thermostatic shower mixer
* Gas-lift ottoman leather bed
* Bespoke furnishings throughout
* Quartz worktops
The Location
Located at the gateway to Manchester City Centre, in a £50 million regeneration area and neighbouring the iconic Old Trafford football stadium (home of Manchester United) as well as the Emirates Cricket Ground.
Why Manchester?
~ Global Connectivity
Manchester is the number one choice for investors across the world. The global connectivity that Manchester International Airport provides has contributed £4.5 billion to the local economy and is currently undergoing a £1 billion expansion - which will mean the airport can cater for an additional 30 million passengers each year.
~ World-class Universities
Home to two world-leading universities that attracts thousands of new students every year to Manchester, 60% of these students will then stay in the city after graduating, further contributing to the demand for rental housing. There is also an undersupply of housing in the city; 11,000 new homes are needed in the city each year to keep up with the growing demand, and currently only 7,000 are being built - leaving a shortfall that investors can benefit from.
Westpoint is a totally hands-off investment opportunity - allowing investors to enjoy all the benefits of owning property in the UK's no.1 investment location, without any of the hassles of being a landlord.
The Apartment
Actual rent - £8,628
Operating fees - £2,081 pa
net rent - £6,547
The Development
Completed in 2018, to a pioneering standard of quality and finish, Westpoint not only offers residents somewhere to live, but also a built-in community - brought to life through the abundance of on-site facilities, and the dedicated residence team - all of which set Westpoint apart from other developments across the city.
Facilities and features include:
5* hotel-like facilities exclusively for residents
* A communal residents lounge
* Fully equipped gym
* Co-working space
* Onsite concierge services
* Dedicated onsite residence managers
Luxury and sustainability as standard
* Air source heat pumps
* Underfloor heating
* Thermostatic shower mixer
* Gas-lift ottoman leather bed
* Bespoke furnishings throughout
* Quartz worktops
The Location
Located at the gateway to Manchester City Centre, in a £50 million regeneration area and neighbouring the iconic Old Trafford football stadium (home of Manchester United) as well as the Emirates Cricket Ground.
Why Manchester?
~ Global Connectivity
Manchester is the number one choice for investors across the world. The global connectivity that Manchester International Airport provides has contributed £4.5 billion to the local economy and is currently undergoing a £1 billion expansion - which will mean the airport can cater for an additional 30 million passengers each year.
~ World-class Universities
Home to two world-leading universities that attracts thousands of new students every year to Manchester, 60% of these students will then stay in the city after graduating, further contributing to the demand for rental housing. There is also an undersupply of housing in the city; 11,000 new homes are needed in the city each year to keep up with the growing demand, and currently only 7,000 are being built - leaving a shortfall that investors can benefit from.
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