Apartment in Manchester, United Kingdom, 81 m²

Premium class residential complex under construction in the heart of Media City. The unique complex is located in the bay of Salford Quays and is an oasis of tranquility, tranquility in the heart of the metropolis.

Commercial terms:

Type of investment: BUY-TO-LET.
Deadline: Q 3-2023
Projected yield: 6% per annum

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Prices from £324.995 for a 3-bedroom apartment - 81 sq.m

• Beautiful view of the city
• Located in the center of Media City
• 20 minutes walk to Manchester United stadium
• The entire infrastructure, including a gym and a cinema
• Bicycle room
• Parking £25,000

Stages of payment:

1. Booking £5,000
2. 25% down payment (plus 50% of the cost of furniture)
3. 10% within 6 months (plus 50% of the remaining cost of furniture)
4. Remaining 65% after completion of construction

Why 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, an increase of 8.7% is one of the highest in the UK
• The highest projected growth in the UK over the next 5 years is 18.8% 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