Buy to Let Property

Manchester, Deansgate

From: £169,260
Excellent Location
Strong Rental demand
Stylish Design
City Centre Manchester Location
Award Winning Development
One and Two bed apartments available

Manchester Investment Property | Deansgate Buy to Let


PROPERTY DETAILS

Manchester Deansgate Investment Property

UK online housing portal RightMove, national house prices were forecast to grow by 6-8% in 2014 with the city of Manchester singled out as a specific property hotspot.

Manchester Investment Property has an excellent rental profile with 31% of the city’s population between 20 and 34 years of age. This large portion of young professionals renting property from you will also soon become buyers. The number of new developments is not keeping up with the future demand and this is another factor driving up prices.

Key Figures

£169,260
Starting Price

6%
Net Yield

Q3 2014
Completion Date

Investment Details

Investment Facts

Manchester has an excellent rental profile with 31% of the city’s population between 20 and 34 years of age. This large portion of young professionals renting property from you will also soon become buyers. The number of new developments is not keeping up with the future demand and this is another factor driving up prices.

The BBC relocation to the east of Manchester has had a colossal impact on Manchester’s house prices.

In a study by the lender Nationwide, Manchester was named as the best-performing area for house price rises in 2013, with prices there up by 21 per cent typically over the last year to reach £209,627 typically.

Robert Gardner, Nationwide’s chief economist, said the upturn in prices (can be partly attributed to) the “number of new homes built was around 45 per cent lower” than in 2007.

Property Description

All units have large timber-decked terraces and we particularly like the corner units, with their dual-aspect views. An award wining Manchester investment property development, superb value for money and just 5 minutes’ walk from the financial and shopping district called Deansgate.

The studio, one & two bedroom apartments are finished to the highest specification, with floor-to-ceiling windows and full-length balconies to most apartments. Light floods into the living space and views across the city are a constant reminder of how close you are to everything you could want.

Location

You’re also just a stones throw from Deansgate with all its great bars, restaurants and clubs. Exclusive shops such as Harvey Nichols are only 500 metres from the development; in fact buying a Manchester Investment Property means your tenants will be very happy with access to everything they need and you will be ideally positioned to capture the highest rental income possible.

  • Salford Central (0.3 miles)
  • Manchester Victoria (0.4 miles)
  • Deansgate (0.8 miles)

The Numbers

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White Good and Flooring included

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