14:33 PM, 31st January 2014, About 7 years ago
The development is perfectly situated within touching distance of the M60 Ring road, Manchester City Centre and Media City at Salford Quays. This off-market deal has been sourced from a bank who is looking to exit the apartments very quickly.
• 15.1% Return on cash invested with a 30% deposit and 4% mortgage rate • Fully tenanted apartments • Yields almost 9% • Zero void periods • 10 minute commute into Manchester City Centre • 5 minute commute to Media City • 5 minute walk to tram stop • Highly desirable block
|Financial Example – Two Bedroom Apartment|
|Deposit required at 30%||£22,500|
|Mortgage required at 70%||£52,500|
|Interest payments on mortgage (based on 4% interest)||£2,100|
|Estimated annual running costs (ground rent, service charge etc)||£1,100|
|Estimated net profit PA||£3,400|
|Return On Cash Invested||15.1%|
This arrangement is not available on the open market and for more information on prices, discount and rental income please complete the form below the pictures.
Oops! We could not locate your form.
Advice and implementation provided by a practising Barrister-At-Law with £10,000,000 of Professional Indemnity InsuranceBook Now
|“Account”||means an account required to access and/or use certain areas and features of Our Site;|
|“Cookie”||means a small text file placed on your computer or device by Our Site when you visit certain parts of Our Site and/or when you use certain features of Our Site. Details of the Cookies used by Our Site are set out in section 13, below;|
|“Cookie Law”||means the relevant parts of the Privacy and Electronic Communications (EC Directive) Regulations 2003;|
|“personal data”||means any and all data that relates to an identifiable person who can be directly or indirectly identified from that data. In this case, it means personal data that you give to Us via Our Site. This definition shall, where applicable, incorporate the definitions provided in the EU Regulation 2016/679 – the General Data Protection Regulation (“GDPR”); and|
|“We/Us/Our”||Means Property118 Ltd , a limited company registered in England under company number 10295964, whose registered address is 1st Floor, Woburn House, 84 St Benedicts Street, Norwich, NR2 4AB.|
|Name of Cookie||Purpose||Strictly Necessary|
|JSESSIONID||Used only to collect performance data, with any identifiable data obfuscated||No|
|__cfduid||This cookie is strictly necessary for Cloudflare's security features and cannot be turned off.||Yes|
|Name of Cookie||First / Third Party||Provider||Purpose|
|__utma, __utmb, __utmc, __utmt, __utmz||First||Helps to understand how their visitors engage with our website|
|_fbp||First||Helps to understand how their visitors engage with our website|