Wennie & Corra

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Wednesday, November 21, 2012

Manchester Property - Assured 6% Net Return for 5 Years

An exciting new-build development in Manchester, it is a four-storey, 60 unit apartment block that is sure to be on the radar of anyone looking to purchase a residence in the city or an investment property in this popular rental area. These units are immediately income producing with a 6% Net Return Guaranteed for 5 years.

The biggest selling point of this investment is it’s awesome location:

  • It takes 10 minutes around to Media City by walk; 
  • It takes 15 minutes around to Manchester United by walk;
  • It takes 5 minutes around to Manchester city centre by car;
  • It takes 20 minutes around to Manchester airport by car.

The NET rental income after costs will be transferred to the owners appointed bank account quarterly. The rental yield from the 6th year will be around 7-8% according to the marketing level.

How about the Transport?
  • The said property is connected to Manchester city centre by the (Manchester Metrolink),
  • Trams operate every 12 minutes throughout the day and every 12–15 minutes on Sundays. 
  • The said property and the Trafford Wharf area are accessible from the M602 motorway and major arterial routes from the Trafford Centre, Manchester city centre, Salford and Old Trafford.
  • It takes 3 minutes around to Exchange Quays, the Metro link stop by walk;
  • Manchester City Centre (Piccadilly Gardens) is a 10-min journey on the metro.
Why Invest?
  • 6% assured NET rental yields for 5-years 
  • Prime property in an aexcellent location 
  • 60-unit development, comprised of 1 and 2-bedroom apartments 
  • Within walking distance of all local shops, restaurants and bars 
  • 10-minutes from Manchester city centre 
  • Secure parking spaces available on selected units 
  • Less than a 10-minute walk to Media City UK, the BBC and the Lowry Outlet Mall & Theatre.
Exterior View of the property:
Living Room:
360 degrees panoramas:
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