The development will comprise 64, one and two bed apartment, spread across nine floors, located just a two minute walk from both Victoria train station and the Shudehill Interchange
Buy-to-let estate agency Assetz Property, has launched its latest development in the centre of the town called North Central.
The development will comprise 64 apartments, spanning nine floors, each of the one and two bedrooms apartments boasts an open plan living room and kitchen, with many also benefiting from balcony areas and parking.
And located just a two minute walk from both Victoria train station and the Shudehill Interchange MetroLink the apartments have access to excellent transport links.
Assetz estimate gross rental yields on these homes will reach up to 7 per cent, with many of the two bedroom apartments generating a monthly rental income of £1,300.nt.
Stuart Law, CEO of Assetz Property, said: “We are incredibly excited to be launching this development to investors. Not only is it located in the perfect area for renters looking to be part of an incredibly interesting and culture-led city, but it is a fantastic investment for landlords who are currently not getting enough bang for their buck on properties in London.
“With the Bank of England cutting interest rates to 0.25 per cent, now is the time for investors to concentrate on investing for high yields and what better place to start than North Central, where gross rental yields reach 7 pc?
“We know that new investors fret about their first buy-to-let investment, and that southern investors are beginning to look further afield to cities like Manchester now the London market is no longer a sure bet on growth.”
Prices for a one bedroom apartment start from £150,640, with a two bedroom apartment with a balcony and parking reaching £286,263.
North Central in Link-UK: http://link-uk.com.hk/wordpress/en/2017/01/16/north-central-manchester/