JUST 0.4 MILES FROM MEDIACITYUK
Salford
- Return on cash invested 14.86%
- Yields up to 6.9%
- 0.4 miles from MediaCityUK
- Below market value
- Fully tenanted
- Fantastic connection links
£129,000
Call us now on
0800 011 2277
From Just £129,000 – 0.4 Miles From MediaCityUK - Tenanted
These apartments are significantly below market value in comparison to other developments within the surrounding area and Manchester has recently been named as the number one city for rental returns. With the recent unveiling of MediaCityUK phase II, now is a fantastic time to invest.
Manchester has been voted ‘the best place to live in the UK’ for two years in a row and the city’s population is expected to grow by 20% before 2025. This ever popular city is a hot spot for students, post-graduates and working professionals with 60% more 25-29 year olds living in Manchester than the UK average, resulting in the demand for rental property hitting an all-time high.
Financial Example
|
Purchase Price |
£129,000 |
|
Deposit amount at 25% |
£32,250 |
|
Mortgage required at 75% |
£96,750 |
|
Rental Income |
£9,000 |
|
Interest payments on mortgage (based on 2.49%) |
£2,409 |
|
Estimated annual running costs (service charge, ground rent etc) |
£1,198 |
|
Net Profit |
£5,393 |
|
Annual return on cash invested |
16.72%
|
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.
Call us now on
0800 011 2277