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
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.
Call us now on
0800 011 2277