Investment property in England, United Kingdom

Property reference

MC_QBUTL

Property particulars

GBP 123,451

Bedrooms:

2

Property description

A superb opportunity to purchase a range of two bed apartments on the 2nd, 3rd and 4th floors of this five storey development, situated just minutes' walk from Manchester City Centre. Prices start from £;123,451(net), and include parking.

15% discount off gross prices
Prices start from £;123,451 (net)
Secure parking for each apartment included in price
Off plan development - completion 13 months' time
Typical interest cover from 109% to 115% based upon gross prices

Summary

The development consists of 139 apartments, of which we have 11 available exclusively to our clients. Secure, subground car parking is also included, with completion expected in December 2008.

Rental demand in the area is high, with the area attracting city workers, students and local people who do not want to pay the excessive rentals of the city centre itself. We have obtained rental valuations from two local rental agencies, who indicate achievable rent

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