A sympathetic restoration of a distinctive Victorian building close to Manchester city centre
Price From £98,100
Invest from as little as £103,495 (cash price)
Average 6% predicted yield on valuation price
Less than a mile from Manchester city centre
Q4 2019 completion estimate
250 year leasehold
Estimated net yields of 6% on valuation price
1 & 2 bedroom apartments
Often referred to as the “spearhead of the Northern Powerhouse”, Manchester is a diverse, iconic and progressive city that has seen major transformation over the past decade, and continues to evolve into one of the country’s most exciting and thriving areas. It is part of the UK’s second most populated urban area, and is also the third most visited city in the UK after London and Edinburgh.
Manchester has consistently been one of the country’s top performers when it comes to house price growth, investment opportunities and rental yields, and has been rated the best place in the country to be a landlord. Johnson’s Square is just outside the city centre with a direct tram route into Manchester, ideally located within the Northern Gateway regeneration project, which will see £1bn injected into the area over the next 20 years.
DISCLAIMER: All financials and ROI's are estimates and only for illustrative purposes. BuyAssociation are a marketing agent that presents direct developer and owner stock to property investors and buyers. Sales are conducted direct between the buyer and the vendor. Every care is taken to ensure that all marketing materials, prices, floor plans, visuals, brochures are correct at time of issue however these do not constitute property particulars for contractual purposes. Please be sure to check all final materials ahead of signing any purchase contract. Property prices can go down as well as up. Homes can be repossessed if you do not keep up with payments. Properties purchased off-plan or incomplete can be open to further risks and losses to buyers. We urge buyers to seek legal advice where possible and must stress that investing in property does carry risk.
Self-certified Sophisticated Investor
I declare that I am a self-certified sophisticated investor for the purposes of the restriction on promotion of non-mainstream pooled investments. I understand that this means:
I can receive promotional communications made by a person who is authorised by the Financial Conduct Authority which relate to investment activity in non-mainstream pooled investments;
the investments to which the promotions will relate may expose me to a significant risk of losing all of the property invested.
I am a self-certified sophisticated investor because at least one of the following applies:
(a) I am a member of a network or syndicate of business angels and have been so for at least the last six months prior to the date below;
(b)I have made more than one investment in an unlisted company in the two years prior to the date below;
(c) I am working, or have worked in the two years prior to the date below, in a professional capacity in the private equity sector, or in the provision of finance for small and medium enterprises;
(d) I am currently, or have been in the two years prior to the date below, a director of a company with an annual turnover of at least £1 million.
I accept that the investments to which the promotions will relate may expose me to a significant risk of losing all of the money or other property invested. I am aware that it is open to me seek advice from someone who specialises in advising on non-mainstream pooled investments.
High Net Worth Investor
I make this statement so that I can receive promotional communications which are exempt from the restriction on promotion of non-mainstream pooled investments. The exemption relates to certified high net worth investors and I declare that I qualify as such because at least one of the following applies to me:
I had, throughout the financial year immediately preceding the date below, an annual income to the value of £100,000 or more. Annual income for these purposes does not include money withdrawn from my pension savings (except where the withdrawals are used directly for income in retirement).
I held, throughout the financial year immediately preceding the date below, net assets to the value of £250,000 or more. Net assets for these purposes do not include:
(a) the property which is my primary residence or any money raised through a loan secured on that property; or
(b) any rights of mine under a qualifying contract of insurance; or
(c) any benefits (in the form of pensions or otherwise) which are payable on the termination of my service or on my death or retirement and to which I am (or my dependants are), or may be, entitled; or
(d) any withdrawals from my pension savings (except where the withdrawals are used directly for income in retirement).
I accept that the investments to which the promotions will relate may expose me to a significant risk of losing all of the money or other property invested. I am aware that it is open to me to seek advice from an authorised person who specialises in advising on non-mainstream pooled investments.