Milltown Apartments is a well-presented development of tenanted apartments in Radcliffe, Greater Manchester – perfectly suited for working professionals commuting to Manchester and Bolton.
Statistics from PropertyData show that the average price for a 2-bed property in this postcode is currently £90,000, making this a fantastic deal, with yields also 1.25% higher than the area average. The area has seen an incredible 32% house price growth in the last 5 years alone, following suit with the meteoric rise in property prices across Greater Manchester, proving it the UK’s best region for buy-to-let investment.
Take a step inside and you’ll discover a modern design throughout, with bright open-plan living spaces. The tiled kitchens features sleek white cabinets and an integrated oven, hob & extractor fan; whilst the lounge benefit from soft carpets underfoot.
Tenants are ideally located to reach the surrounding areas with several transport links close by. Bolton is just 20 minutes away and Manchester can be reached in 40 minutes. Radcliffe town centre is just a 2 minute walk away, with residents having everything they need right on the doorstep.
The apartments have recently been refurbished to a high specification throughout and include a full furniture pack.
The North West is booming, with over 50% of the FTSE 100 companies being based there. Bury is a Greater Manchester Metropolitan Borough, lying on the River Irwell, 5.5 miles east of Bolton, 5.9 miles southwest of Rochdale and 8 miles northwest of the city of Manchester.
The city’s population continues to grow at an incredible pace, benefitting from the rise of people leaving London for a more affordable lifestyle. Today, Manchester and its suburbs are considered as the UK’s top rental hotspots with house prices increasing at a rapid pace. Buy to let properties in Greater Manchester are in huge demand, and have some of the highest occupancy rates in the UK.
Greater Manchester boasts one of the UK’s busiest housing markets so it’s no surprise that house prices in the region have grown more than anywhere else in the UK, beating the national average for five out of the six years since 2012. In line with a growing population, JLL anticipate that house prices will grow by 22.8% between 2018 and 2022, whilst rents will rise by 17.6% in the same period.
Risk Warning and Disclaimer:
The price of property can go down as well as up. Historic performance should not be taken as a guarantee of future performance. Geared property investment with mortgages can increase risk of losing money as well as increasing the possible gains. Mortgage products referred to in the website can be withdrawn by the lender or have rates or other terms changed without notice and reference to any products does not imply they are certain to be available in the future. Mortgages referred to may also have certain applicant restrictions and are for indicative purposes only although reasonable endeavours have been used to ensure that they are available at the time of publication and are applicable to a significant number of our purchasers. This site is for information purposes only and nothing on this site should be taken as definitive investment advice for your particular situation without you seeking additional guidance directly from ourselves or from other finance and property professionals. Property particulars on this site do not form part of an offer or contract. The developer and Assetz Property Ltd, whilst endeavouring to ensure complete accuracy in these property particulars, cannot accept liability for any errors. Valuations of property or indicated rents achievable are either estimated or derived from valuations and/or comparables and can change and should not be relied upon without your own additional valuation and research, but we have carried out reasonable endeavours to achieve accurate indications for these figures. All descriptions, dimensions, areas, reference to condition and, if necessary, permissions for use and occupation and their details, are given in good faith as provided by the developer and are believed to be correct. However, these are subject to change, especially, but not wholly, relating to any property that is off-plan or not yet complete. Any intending purchaser should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to their accuracy. The onus is on each individual investor to undertake their own due diligence, enquiries and inspections. Where shown, net yields are calculated as rental income less expected service charges less expected ground rent as a percentage of the property price. No void periods, optional letting agent costs, repairs or other costs are deducted. Our standard Terms and Conditions of Sale will apply. E. & O. E.