* Hyde Road Manchester student buy to let accommodation – Kings Court. Located in the city centre of Manchester, the property is close to amenities and boasts excellent transport links. Promising immediate income and no development risk.
Kings Court is situated in Manchester’s city centre, and students can enjoy easy access to local amenities and good public transport links. Kings Court also boasts a wealth of onsite facilities including a gym, communal living spaces and landscaped gardens.
Property prices in Manchester have already risen dramatically due to increased investment in the area. This is reflected in house prices, that have risen 21% over the past year. Knight Frank has named Manchester as a key city for FDI (Foreign Direct Investments) due to the positive reputation it has amongst investors. This is in part attributed to the excellent yields investors get on their properties.
There is an acute shortage of student accommodation in Manchester. Manchester is home to over 80,000 students, yet there are only enough student property units to accommodate 30,000 of them. The remaining students have to rely on purpose built developments like this to meet their needs.
The severe shortage of student accommodation in Manchester, coupled with the development’s excellent location, means that there will always be a demand from students. This is reflected in the net income of 8% you will receive from the investment.
Kings Court is in an ideal location for students, being under a mile away from Manchester Metropolitan University and the University of Manchester, as well as several other higher education institutions.
In this low interest environment, have you considered investing in property that promises 8% net yields, an immediate income and no development risk?