ID : 11850
**The development is on target to be completed by the end of July 2018, Only 14 Units remaining due to popular demand**
This development is from a Manchester’s leading residential developer. Located in one of the city’s most up and coming areas, expected to see significant price growth as prices in surrounding areas have risen significantly.
Combining high quality contemporary finishings and cutting edge low-carbon technology, these properties are in huge demand from tenants and investors, with the company having won local and national awards for their innovative approach to creating homes that the modern tenant wants to live in.
Located in Old Trafford, this development is a 3-minute walking distance from Trafford Bar metrolink stop which is two stops away from Deansgate – Castlefield metro and train station. The location is highly accessible for professionals working in Manchester city centre but cannot afford to pay prime city centre rents.
The property is being redeveloped in to 336 high quality residential units, with market-leading communal facilities for tenants, including a gym, a roof garden, a landscaped Japanese garden area, parking, communal lounge and a coffee bar.
Modern low-carbon technology means that the building will be one of the city’s most energy efficient, with a benefit to investors of an enhanced rental yield and future-proof investment.
Unrivalled NET yields of between 7.5% & 8%, assured for 3 years by one of the city’s leading letting agencies, with rents personally guaranteed by the owner of the development company, offering ultimate security to investors. The development company has also won two prestigious awards in the past.
Key Features
– 7%-8% NET returns p.a.
– 3-year guaranteed net rental
– 1 and 2 bedroom luxury apartments
– Future growth Manchester location
– Hands-off investment
– Air source heat pumps and under floor heating pipes
