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214 000 €

Flat in Manchester, United Kingdom, 51 m²
  • Flat in Manchester, United Kingdom, 51 m² - picture 1
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  • Flat in Manchester, United Kingdom, 51 m² - picture 1
  • Flat in Manchester, United Kingdom, 51 m² - picture 2
  • Flat in Manchester, United Kingdom, 51 m² - picture 3
  • Flat in Manchester, United Kingdom, 51 m² - picture 4
  • Flat in Manchester, United Kingdom, 51 m² - picture 5
  • Flat in Manchester, United Kingdom, 51 m² - picture 6
  • Flat in Manchester, United Kingdom, 51 m² - picture 7
  • Flat in Manchester, United Kingdom, 51 m² - picture 8
  • Flat in Manchester, United Kingdom, 51 m² - picture 9
  • Property ID on Prianproperty.com: 3406984
    Last update: 29.10.2024
    Number of views: 8167

214 000 €

Flat in Manchester, United Kingdom, 51 m²

51 sq.m 2 1 1
Remote Transaction

  • Property ID on Prianproperty.com: 3406984
    Last update: 29.10.2024
    Number of views: 8167

Specifications

Sale price 214 000 €
Price per square meter 6 113.84 €
Floor area 51 m²
Floor 2
Number of storeys 4
Total number of rooms 2
Number of bedrooms 1
Number of bathrooms 1
Construction phase Off-plan
Facility completion deadline 2023

Additional services

  • Property management company
  • Opportunity of a remote transaction

Finance

Business expenses
Not included in the price
Tax 4 %
Notary Services 0.3 %
Credit conditions
Possible payment by installments

Description

The residential complex is located in the north of Manchester, near Collyhurst Park, within walking distance from the main shopping centers, Victoria station and the Northern Quarter area. The residential complex is built opposite the unique landmark of the city, the building of 1896 - The Royal Osborne Theatre.

Commercial conditions:

Type of investment: BUY-TO-LET.
Due date: Q 2 2023

Prices from £180,000 for a 1 bedroom apartment

Prices from £210,000 for a 2 bedroom apartment

  • Beautiful view of the park
  • An interesting location for young professionals
  • 15 minutes to Piccadilly Gardens
  • 10 minutes to the Northern Quarter area
  • Panoramic roof with terraces and gardens
  • A balcony in each apartment

Expected revenue ~5% net

Stages of payment:

  1. Booking £5,000
  2. 25% down payment (-booking fee)
  3. The remaining 75% after completion of construction

Why we recommend Manchester:

  • Rental rates are higher than in London – net yield 4-5% per annum
  • Steady growth in real estate prices by 4-7% per year over the past few years. Over the past 12 months, the increase of 7.2% is one of the highest in the UK
  • The highest projected growth in the UK over the next 5 years is 28.8% according to Savills analytics
  • Is the best city for investment in real estate for rent according to the bank Aldermore
  • HS2 high-speed railway project under construction, which will reduce the time to London by 2 times
  • The presence of large employer companies – Google, Amazon, Microsoft, Booking, etc., and the active development of the IT sector, which increases the number of potential tenants
  • A high percentage of renters – 31% of the population

Additional features

House's or compound's infrastructure and equipment

  • concierge

Apartment details

  • fully furbished
  • fine finishing
  • complete furnishing
  • balcony/terrace
Read further

Contact seller

Message sent

Representative

Ekaterina Orlova
Director International Investment Department
Languages: english
Show phone number



Cost of accomodation in Manchester

Cost of accomodation in Manchester
Restaurants
Cappuccino (regular) 3.81 €
Coke/Pepsi (0.33 liter bottle) 2.20 €
Domestic Beer (0.5 liter draught) 5.72 €
McMeal at McDonalds (or Equivalent Combo Meal) 7.89 €
Meal for 2 People, Mid-range Restaurant, Three-course 68.62 €
Meal, Inexpensive Restaurant 17.15 €
Water (0.33 liter bottle) 1.74 €
Imported Beer (0.33 liter bottle) 5.72 €
Markets
Apples (1kg) 2.14 €
Banana (1kg) 1.31 €
Beef Round (1kg) (or Equivalent Back Leg Red Meat) 8.84 €
Bottle of Wine (Mid-Range) 9.15 €
Chicken Fillets (1kg) 6.53 €
Domestic Beer (0.5 liter bottle) 2.78 €
Eggs (regular) (12) 3.16 €
Lettuce (1 head) 0.75 €
Loaf of Fresh White Bread (500g) 1.31 €
Local Cheese (1kg) 6.98 €
Milk (regular), (1 liter) 1.32 €
Onion (1kg) 1.16 €
Oranges (1kg) 2.15 €
Cigarettes 20 Pack (Marlboro) 14.87 €
Potato (1kg) 1.50 €
Rice (white), (1kg) 1.71 €
Tomato (1kg) 2.01 €
Water (1.5 liter bottle) 1.02 €
Imported Beer (0.33 liter bottle) 3.95 €
Transportation
Gasoline (1 liter) 1.98 €
Monthly Pass (Regular Price) 91.49 €
One-way Ticket (Local Transport) 2.29 €
Taxi 1hour Waiting (Normal Tariff) 21.27 €
Taxi Start (Normal Tariff) 3.72 €
Taxi 1km (Normal Tariff) 1.61 €
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 30 415.19 €
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 28 876.62 €
Rent Per Month
Apartment (1 bedroom) in City Centre 1 207.68 €
Apartment (1 bedroom) Outside of Centre 861.38 €
Apartment (3 bedrooms) in City Centre 2 095.53 €
Apartment (3 bedrooms) Outside of Centre 1 263.45 €
Utilities (Monthly)
Mobile Phone Monthly Plan with Calls and 10GB+ Data 20.67 €
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment 275.85 €
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 33.51 €
Sports And Leisure
Cinema, International Release, 1 Seat 11.44 €
Fitness Club, Monthly Fee for 1 Adult 34.61 €
Tennis Court Rent (1 Hour on Weekend) 12.87 €
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar) 73.13 €
1 Pair of Men Leather Business Shoes 77.39 €
1 Pair of Nike Running Shoes (Mid-Range) 74.64 €
1 Summer Dress in a Chain Store (Zara, H&M, ...) 33.70 €
Childcare
International Primary School, Yearly for 1 Child 11 665.01 €
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1 312.81 €
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre 4 674.44 €
Price per Square Meter to Buy Apartment Outside of Centre 3 102.17 €
Salaries And Financing
Average Monthly Net Salary (After Tax) 2 531.63 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.01 %

Data on the cost of living is provided by the service Numbeo.com. Prianproperty.com can not in any way guarantee the authenticity and correctness of the data.

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Seller
Ekaterina Orlova Director International Investment Department

Intermark Global

Languages: english
Contact seller
Messengers: