With its growing population, business activity and some 105,000 students, Manchester has also been identified as a top performing buy-to-let location with strong rental demand. Its growth of 3 times the national average is a key reason many companies have invested in relocating to the city with 80 of the FTSE 100 located there.
For buyers keen to acquire their own flat, we have sourced flats in bulk in two new development projects. Financed with a 50% bond, these flats are expected to be cash flow positive from inception. Buyers need approximately £140,000 to acquire their own flat and payment will be staggered over the next 15 months to mid 2020 when the development will complete. Buyers will fix the purchase price in the current market, while being able to phase their payments. The flat will come with a 10 year builders warranty.
This project involves co-participation in the ownership of a number of flats in a new development in Staines -Upon-Thames. The project will run for approximately 60 months and will be self-funding with rental income covering finance and operational costs.
This project has been selected because of its superior build quality and good location for buy-to-let tenants in the high growth London commuter belt. At the end of the project all the properties will be sold and profits will be distributed to the participants.
Participation is £25,000 and upward.