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Fully tenanted - yields over 8%

Salford Quays, Manchester

  • Fully tenanted apartments
  • Immediate income from day one
  • Salford Quays Waterside Development
  • Yields over 8%
  • State of the art design development
  • 24 hour concierge
  • Balconies to all apartments

£76,000

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Call us now on

0800 011 2277

Situated in Salford Quays which is Manchester’s premier waterside destination, this development of state of the art studio apartments boasts a waterfront location and stunning views over Salford Quays canal areas. All apartments have floor to ceiling windows which lead to a good size balcony for residents to enjoy the stunning views. The development which benefits from 24 hour concierge is also located close to the Metrolink for easy access into Manchester City Centre.

This is a unique new concept in city living. As an investment proposition, this is an opportunity not to be missed. The apartments come fully tenanted with gross rental yields over 8% and if purchased with a buy to let mortgage, these apartments deliver over 15% PA return on cash invested. Add to this the strong potential for future capital growth due to the popularity of Salford Quays, making this an investment giving the best of both worlds.

STUDIO APARTMENT, FINANCIALS

Purchase Price

£72,000

Deposit amount at 25% 

£18,000

Mortgage amount at 75%

£54,000

Rental Income PA

£6,000

Interest payments on mortgage 
(Based on 4% interest)

£2,160

 

 

Estimated annual running costs
(service charge, ground rent, etc.)

£1,000

 

 

Net profit

£2,840

Annual return on cash invested

15.78%

Why invest with Sequre?

Bulk Deal Discount

We are specialists in the provision of high-income producing, buy-to-let property investments in a number of major UK cities. We have many years of experience in assembling bulk deals that has provided both small and large investors with access to heavily discounted investment opportunities.

Off Market Opportunities

We maintain strong relationships with the UK’s leading housebuilders, developers, banks and receivers to ensure we provide our investors with unrivalled opportunities. Almost all of our deals are completely exclusive and not available anywhere else.

Achieve Financial Freedom

Our experienced team has successfully guided many novice investors to financial freedom through our bespoke property investment services whilst also catering for those investors with up to several million pounds to invest in completely off market investments.

Find out more

Call us now on

0800 011 2277