The Property Ombudsman

Mill Conversion | ROI Up To 14.91%

Manchester

  • ROI up to 14.91%
  • Gross yields up to 7.29%
  • 10% protected deposit
  • Regeneration area
  • Stunning converted mill
  • 1 mile to Manchester city centre
  • Excellent nearby transport links for tenants

£115,000

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Call us now on

0800 011 2277

Mill Conversion | ROI Up To 16.11%

Located just 1 mile from Manchester city centre sits this stunning converted mill development, where large 1 and 2-bed apartments are available, that are set to produce fantastic returns up to 14.91% and gross yields up to 7.29% way over the area average of 5%. Prices start from just £115,000 which is a massive £35,000 less than similar 1 bed apartments currently being marketed in the adjacent building. 

The market in Manchester is booming and whilst there is a lot of residential development, new commercial space is also being delivered at a significant rate. This is a fantastic opportunity to invest in a location undergoing regeneration and with capital growth expected it is envisaged that these apartments will be reserved very quickly.

Financial Example - 2 Bed Apartment

Purchase price

£135,000

Deposit required at 30%

£40,500

Mortgage required at 70%

£94,500

Annual rental income

£10,200

Interest payments on mortgage (based on 2.29% interest)

£2,164

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

£1,510

Estimated Net Profit

£6,526

Return On Cash Invested

16.11%

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