X1 The Exchange, Manchester
6% NET Assured Rental Income Returns!
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With house prices in Salford rising to more than four times the national average in 2013, and the HSBC reporting that Manchester is one of the ‘Top four buy-to-let hotspots in the country’, it is little wonder that investors are scouring the region for prime pieces of real estate to add to their portfolios.X1 The Exchange is a 10-storey new-build development, located in the trendy and vibrant area of Salford Quays – a mere 10 minutes to Manchester city centre.Within walking distance to all facilities and amenities, and built by a proven developer of residential buy-to-let properties, interest is already high and we advise investors to contact us quickly, in order to secure the best apartments. |
Full description
Comprised of 140 high-end 1 & 2 bed apartments, this 10-storey building will be furnished to the highest of standards and ready to accept residents by Q4 2015. Built by the experienced developer behind the successful X1 Salford Quays.
X1 The Exchange is one of the most exciting developments to hit the Manchester market so far this year.
Investment Highlights 140 luxurious 1 and 2-bed apartments @ £102,500 and £127,500
Reservation: £5,000.00
6% assured NET yield
Balcony/Quayside views on selected units
Private parking available
Built by an experienced buy-to-let developer
Management and letting agent in place
Fixtures and Furnishings
All apartments are supplied furnished, at an additional cost.
Close to Manchester United F.C.
Example.
Purchase Price £97,500
Monthly Rent £650
Annual Rent £7,800
Maintenance £968 p.annum
Management fee £624 p.annum
Ground rent £250 p.annum
Net Income £5,958 per annum.
Net Yield guarantee at 6.0% for 10 years.
apartment resale buy back scheme.
Reservation procedure
1: Reservation form and deposit payable
2: Solicitor instructed, legals and sales pack sent out
3: Exchange of contracts Within 21 days, 25% of the balance payable.
4: Remaining balance 25% due 6mths after
5: 50% payable upon completion.
The Quays & Media City
A vibrant, exciting place to live, Salford Quays is the new destination of choice for young professionals wanting to work hard and play hard. The new Media City site is a £70 million complex of designer shops, bars, restaurants and cinemas, in addition to being home to the brand new BBC and ITV studios and the famous Lowry Theatre.
Situated directly across from the historic Manchester Ship Canal, these plush apartments are perfectly located for anyone wanting to live, work and play in one of the most vibrant destinations in the North.
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Ultimate benefits
Our service includes a range of benefits, namely:
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