Studio apartment available for sale located close to the famous Lowry Hotel in Manchester City centre, the only 5* hotel in the city.
This apartment is available for self occupy as well as buy-to-let.
Due to complete in Q4 2018.
Investors will receive 9% NET returns for 2 years.
Unit Price: £112,500
Rental Returns Pet Annum: £10,125
Total Rental Income At The End Of Year 2: £20,250
Featuring stunning period architecture and a prime location, Caxton Hall will offer high-end apartments to Manchester’s growing rental market.
The development represents a unique opportunity to invest in Manchester’s growing rental market which offers the highest property investment yields in the UK (HSBC - 2016). Average investment yields in Manchester are 55% higher than London and average property prices are increasing year on-year.
The apartments at Caxton Hall will offer a high-quality specification for discerning tenants & residents along with monitored CCTV surveillance and intercom Entryphone system.
The apartments on offer at Caxton Hall have been designed for the young professional market in Manchester. Each apartment will feature a spacious combined kitchen and living area with premium finishes and furnishings to create a truly premium product. Several key economic developments in Manchester have created an increase in demand for central, well-furnished accommodation for young professionals for which the apartments at Caxton Hall are perfectly suited.
All apartments will offer:
Payment plan option 2-£2,500 to reserve, 50% on exchange + furniture pack & 50% on completion (minus your reservation fee).