With tenants already in situ, meaning income is earned immediately, this is a fantastic low risk opportunity, ideal for investors of any experience.
Each unit is unique in its floorplan, the 2-, 3- & 4-bed apartments each feature high ceilings and large sash windows to make them light and open. New flooring has been fitted throughout – laminate in the living areas, carpet in the bedrooms – with the level of furnishing being dependent on the unit.
The town is perfectly placed in between Manchester & Liverpool, making it popular with commuters. Its central location means shops, restaurants and local amenities are all nearby, and many bus and train services run every hour with direct lines to Liverpool.
The North West is booming, with over 50% of the FTSE 100 companies being based there.
Manchester’s population continues to grow at an incredible pace, benefitting from the rise of people leaving London for a more affordable lifestyle. Today, the city 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 Mortgage products referred to in the website can be withdrawn by the lender or have rates or other terms changed without notice and reference to any products does not imply they are certain to be available in the future.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.