1 bed Flat For Sale £350,000
Completed Manchester City Centre Apartments located minutes walk from Piccadilly. Spacious 1,2 & 3 Bedroom Apartments Available. 5% Estimated Rental Yields and 10% Deposit Required. The development offers a ressidents lounge, gym and parking.
Completed Manchester City Centre Apartments located minutes walk from Piccadilly. Spacious 1,2 & 3 Bedroom Apartments Available. 5% Estimated Rental Yields and 10% Deposit Required. The development offers a ressidents lounge, gym and parking.
Why manchester?
While property prices in Manchester have increased 30% in the last five years, industry experts forecast a further price increase of 20-28% by 2024, with rent prices rising by at least another 16% in that time. This makes Manchester the standout buy-to-let market with the opportunity for high capital appreciation, high rental yields, and low void periods.
Why buy off-plan?
Some investors avoid in off plan property because they don’t want their funds ‘tied up’ over the build period.. However, what a lot of people do not realise is that when putting a deposit down on an off-plan property, your funds are working very hard.
Let’s take the example of the above unit:
• The development completes in Q2 2024
• The property costs £420,000
• You put a 25% deposit down of £103,000
• You gain 6% capital growth over the build period, meaning the property price has grown by £25,200
• You haven’t made 6% on your money because you have only invested £103,000
• You have made 24% ROI just on the potential capital gain over the build period alone<br /><br />
Completed Manchester City Centre Apartments located minutes walk from Piccadilly. Spacious 1,2 & 3 Bedroom Apartments Available. 5% Estimated Rental Yields and 10% Deposit Required. The development offers a ressidents lounge, gym and parking.
Why manchester?
While property prices in Manchester have increased 30% in the last five years, industry experts forecast a further price increase of 20-28% by 2024, with rent prices rising by at least another 16% in that time. This makes Manchester the standout buy-to-let market with the opportunity for high capital appreciation, high rental yields, and low void periods.
Why buy off-plan?
Some investors avoid in off plan property because they don’t want their funds ‘tied up’ over the build period.. However, what a lot of people do not realise is that when putting a deposit down on an off-plan property, your funds are working very hard.
Let’s take the example of the above unit:
• The development completes in Q2 2024
• The property costs £420,000
• You put a 25% deposit down of £103,000
• You gain 6% capital growth over the build period, meaning the property price has grown by £25,200
• You haven’t made 6% on your money because you have only invested £103,000
• You have made 24% ROI just on the potential capital gain over the build period alone<br /><br />
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