UK property market: Identifying Investment Opportunities
Paul FOURCADE
Conseiller pour investisseurs en quête de performance | Président - Apex Capital | Expert en stratégies d’investissement internationales
We do have numerous investment opportunities available right now for those that would like to invest in Europe. In this article, I will highlight the latest investment opportunity in Uk which we believe is a great opportunities for our client.
This is the latest Manchester property project that has just been released, that may be of interest as starting prices are very reasonable and the rental yields are great. Prices start at GBP117,000 and gross yields up to 6.3% are expected.
The Manchester property market has performed well in recent years with a 10.5% increase in residential property values in the last 12 months alone, however a further 28.2% growth is anticipated by 2021.
Manchester’s fortunes continue to rise thanks to its thriving economy, vibrant culture and growing population. It currently has the fastest-growing economy in the UK, with the largest professional and financial services outside of London. Furthermore, the technology, medical research and creative and digital industries perform very well in this part of the world. Property is also relatively affordable compared to elsewhere in the UK, with an average price tag of GBP158,000 – about a third of the price of buying property in London. This value, coupled with anticipated growth predictions, sets Manchester apart as one of the most compelling investment markets for 2017.
Park Rise is a contemporary refurbishment which is only 8 minutes from Manchester City Centre. Overlooking a beautiful park in a well-established residential neighbourhood, the development is also accessible to key employment hubs including Trafford Park and MediaCityUK.
Point to note are as follows:
- Office to residential conversion in an established neighbourhood
- 1/2-bed apartments, with parking available
- 3 minute walk to Trafford Bar Metrolink stop
- 5 minute train to city centre, 19 minutes to MediaCityUK
- 7-minute drive to Trafford Park
- Situated close to a park, supermarket, cafes and an Ofsted-Outstanding Primary School
- Apartment sizes from 420 to 610 square feet
- Leasehold 250 years
- Estimated completion Q1 2018
- Up to 65% LTV available
- Projected gross yields of up to 6.3%
- Starting from GBP117,000
10% of property value is required over the coming month or so, followed by another 10% within 6-8 weeks. Nothing is then required until Q1 2018, and then the majority of what is outstanding is mortgaged. So if we assume a property value of GBP117,000, the initial amount of GBP11,700 is required following by another payment of GBP11,700 and then nothing until Q1 2018.
Reservation fee of GBP2,500 applies to secure your investment.
If you want any further informations regarding this project do not hesitate to contact me ([email protected] or Direct message on Linkedin) and I could send you floor plan and additional informations.
Additional projects that are currently available are as follow:
- Chicago, United States
- Niseko, Japan
- 4 projects in London, UK
- Melbourne, Australia
- Berlin, Germany
- Liverpool, Uk