Unique residential development - a new benchmark in urban living...

 
/ MANCHESTER / Piccadilly Station
INVALID LISTING
  • Location: Region North East England, Manchester, Piccadilly Station MAP
  • Development: Residential
  • Unit types: Apartments (various types), 1-bedroom apartments, 2-bedroom apartments, Townhouses
  • Total number of units:357 
  • Units available for sale:179 (50%)
  • Unit sizes: 446 sq.m – 1012 sq.m FLOOR PLANS
  • Development status: Under construction
  • Planned completion: November 2018
  • Ownership: Leasehold 250 years
  • Rental return (p.a.): 6-7% per year (estimated)
  • Capital appreciation (p.a.): 8% per year (estimated)
  • No commission

Complex/building features

  • Sizes of units 446 sq.m - 1012 sq.m
  • Total number of units 357
  • Total number of parking spaces 91
  • Total floors 31

Distances

Rental income features

  • Rental demand in the area High
  • Who will rent Local people,Young professionals
  • Unit finishing in order to rent Unfurnished
  • Annual rental income 6-7% per year (estimated)

Exit strategy

  • Resale Possible after completion, Possible before completion
  • Easy exit High demand - very easy
  • Resale management/consultant Local estate agent
  • Who will buy Foreign buyers, Local people

*Please note that exit or resale of property depends on market conditions.

Unit/apartment features

  • Finishing turn-key, unfurnished
  • Furnishing Unfurnished
  • Bathrooms Bathtub, Fully fitted bathroom
  • Flooring in rooms Laminate flooring, Tiled flooring

Additional purchasing costs

  • Total additional costs 6-8% (estimated)

*These are the total additional costs that Buyer must pay on top of the purchase price. These include notary fees, stamp duty/local tax, solicitor's fees and may also include other costs that are typical for the country where the property is located.

Capital appreciation (p.a.)

  • Expected price increase of the property* 8% per year (estimated)

*Quote is based on historic facts, market analysis and monitoring of local trends on the market.
*Resale price is fully depending on market conditions. Resale price is not guaranteed.

Ongoing costs and aftersale charges

  • Management fee and looking after property Not obligatory,
  • Keyholding Not obligatory,
  • Accountant Not obligatory,