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Buy to Let HMO House Manchester

£1,000,000

Purchase Price

10.05%

Net Yields of

Yes

Mortgageable?

Buy to Let HMO House Manchester

Fresh Invest are proud to offer you this superb high yielding property investment opportunity in a superb location in the north west.

  • 14 x En Suite Studio Apartments
  • 10.05% NET Yield
  • £109,200 Rental Income PA
  • Mortgages available
  • Superb Commuter Location
  • Purchase Price £1,000,000

More Information

EXECUTIVE SUMMARY

We are proud to offer you this unique property investment opportunity burrowed in the cosy town of Swinton. Chorley Road is a modern refresh of an old 3 story building with 14 freshly converted modern rooms. The property has a strong rental yield with a high rental income per annum.

STRUCTURE & SECURITY

As this investment is off-plan Fresh Invest have structured it in a way where the investor completes on the property as is and engages the developer in a build contract through the build schedule.

PURCHASE STRUCTURE:

  • Reservation fee: 5% of purchase price
  • Completion of property: 45% of purchase price
  • 1st Fix of works: 25% of purchase price
  • Completion of Works: 25% of purchase price

 

THE DEVELOPER

INSURANCE – Ensuring you are fully aware of the procedures and the who, what, when and how your investments are insured.

SPEED – We turn around projects in a third of the time compared to our competitors, find out why.

COMMUNICATIONS – During any build, our Head Builder will be gathering bi-weekly updates and emailing them to you.

LETTINGS AGENCY, TENANCY & PAYMENTS – Our award winning lettings agency (created 10 years ago due to lack of quality in the market) manage property to ensure maximum rental returns.

CONTRACTS & CAPITAL APPRECIATION – Understand our contract timelines and structures that aim to ensure capital appreciation is built into your investment from day one.