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TENANT INFORMATION

The asking rent does not include charges that may be payable before and/or during the duration of the tenancy, therefore you may be required to make one or more of the following permitted payments:

A refundable holding deposit (up to 1 week's rent)

A refundable tenancy deposit (up to 5 weeks' rent (or 6 weeks' rent if the annual rent is £50,000 or more))

A payment to alter the tenancy agreement, when requested by the tenant (up to £50 inc VAT, or reasonable costs incurred if higher)

Payments associated with early termination of the tenancy when requested by the tenant

Interest, at a rate of up to 3% above the Bank of England's base rate, for late payment of rent (which is more than 14 days overdue)

A default fee for the replacement of a lost key or security device

Payments to service providers in respect of utilities, communication services, TV licence and council tax

Other payments, permitted under appropriate legislation, including damages.

A letting or property management agent in England must also be a member of a property redress scheme and a member of a client money protection scheme. For further information, or a copy of their membership certificates, please contact the agent directly.
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Description:
Manchester Investment Flats



For Buy to Let - 25% Deposit Required - Below Market Value



This exciting investment opportunity in Manchester city centre involves a completed and tenanted residential development which has come back on the market, located in the heart of Ancoats. The properties are in an enviable location in the city centre, bordering New Islington and the Northern Quarter.



With rental income assured at 6% net and starting prices from £149,950, this is a below market value, high income investment with a perfect exit strategy. The properties are located just 0.4 miles from Manchester Piccadilly train station and are also fully managed to provide a completely

hands-off experience if you so wish.



This luxurious development has all the advantages of being a short walk away from the local parks and independent shops of suburbia, but also close to the cosmopolitan bars and restaurants of the central business and retail districts. The development itself features a gym, onsite parking and bike storage, plus onsite management.



10% deposit available when purchasing for personal use.



To Receive Free Floor Plans, Virtual Tour and Availability, Call or Register below for an Info Pack



Some apartments have views of the city centre with others overlooking the landscaped gardens and terraces of the development. Balconies are also available on a select few units so enquire today to cherry pick the best ones.



Investment Overview



* 6% Net Rental Returns

* Located in Ancoats High Growth Area

* Walking Distance to Northern Quarter

* Hands Off Investor Experience

* Onsite Parking

* Prices from £149,950



Why Manchester?



Recently named as one of the top 4 buy to let hotspots in Britain, it′s no surprise that Manchester′s buy to let sector continues to thrive, grow and flourish.



With numerous regeneration schemes taking hold throughout the city, the potential to make significant capital growth on property here has never been higher, and investors are cottoning onto the fact that there are below market value developments available in prime Manchester postcodes.



The M4 postcode is a particularly worthy regeneration zone where property prices still remain affordable. By investing now, you can experience high tenant demand, strong yields and maximum price appreciation stemming directly from the growth of the area.



For More Information Call Us Today of Register below for an Info Pack

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Owner review
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Date Listing Posted: 18/09/2020
Updated: 10/10/2020
Days on market: 22

1 Bedroom Flat For Sale

Manchester Investment Flats, Great Ancoats Street, Manchester, M3 5JT

£132,950

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RW Invest UK Ltd Estate Agent in ,
1 Primrose St ,London
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Nearby Stations
Salford Central Station - 0.13 miles Manchester Victoria Station - 0.49 miles Deansgate Station - 0.64 miles Manchester Oxford Road Station - 0.78 miles
Nearby Schools
Abbey College Manchester - 0.35 miles Chetham's School of Music - 0.39 miles The Cathedral School of St Peter and St John RC Primary - 0.42 miles The Friars Primary School - 0.47 miles
Estimated running costs:
Mortgage £477
Energy £130
Water £25
Broadband £30
Home insurance £13
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Property Listing Disclaimer - [1252477]. The information displayed about this property comprises a property advertisement. PropertyHeads.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information and PropertyHeads.com has no control over the content. This property advertisement does not constitute property particulars. The information is maintained by RW Invest UK Ltd, with the exception of the floor area and price per square metre which are obtained from the EPC, and the Owner Review which is verified by RW Invest UK Ltd only. Please contact the selling agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland. PropertyHeads.com makes no warranty as to the accuracy or completeness of the EPC used to provide the floor area or the price per square metre. The information in the Owner Review is the opinion of the author only, it is not supplied by the agent and therefore may not covered by the Consumer Protection from Unfair Trading Regulations 2008.

Contains HM Land Registry data © Crown copyright and database right 2019. This data is licensed under the Open Government Licence v3.0.
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