London-based property company, Experience Invest, has launched a new buy-to-let investment in Manchester’s popular Greengate area.
The Residence Manchester is located on the edge of the city’s centre and occupies a prominent position within the stunning new £400 million Greengate Masterplan Project.
The £70 million waterfront project will take buy-to-let investment to new heights and will provide investors with a 7% NET rental return per annum, assured for 3 years.
Investors will receive passive returns from a fully managed asset which will be constructed by a developer with a proven track record.
Why invest in Manchester?
To keep up with the city’s economic growth, the experts at Rightmove predict that 9,000 new homes will be required per year to keep up with the demand for housing in Manchester.
In 2014, property investment volumes in Greater Manchester reached a record-breaking £1.7billion.
This level of investment will need to continue to enable the city to house its rising population. ONS predicts that Manchester’s population will increase by 125,000 to 2.81 million by 2025.
The city presents investors with a unique opportunity to capitalise on what is already known as the UK’s best location for buy-to-let returns.
Backed by the government’s Northern Powerhouse scheme, the city’s economic aspirations will no doubt pave the way for strong rental returns for many years to come.
The UK’s government’s focus on the Northern Powerhouse has helped position Manchester as the north’s economic epicentre. The city has emerged as a natural choice for investment outside of London.
Infrastructure projects such as the HS3, a high-speed railway link between Liverpool, Manchester and Leeds, the HS2 project, where it will take only 59 mins to travel from London Euston to Manchester Airport, and the One North rail project will boost the city’s accessibility.
Further investment in Manchester Airport – the biggest development in the UK outside of London – will also increase the city’s connectivity with international markets.
The popular MediaCityUK is just one example of how Greater Manchester has emerged as a media and technology hub. It is now home to the BBC, ITV North and a variety of tech savvy industries.
The Residence Manchester
Exclusive to Experience Invest, The Residence will provide investors with a discounted opportunity to own a luxury city centre waterfront apartment in the UK’s number one location for buy-to-let returns.
“The Residence Manchester is Experience Invest’s latest exclusive residential property located in the UK’s fastest growing city. With property prices, rental returns and the city’s population all on the up, Manchester is the UK’s number one location for buy-to-let investment,” Dale Anderson, Project Manager of Experience Invest explained.
“Our investors will benefit from an early investor discount and will receive a 7% NET rental return per annum which is assured for the first 3 years of the investment. As the development is fully managed, investors will be able to generate a passive income from this new buy-to-let opportunity,” Anderson added.
The Residence comprises 300 apartments ranging from 1, 2 and 3 bedrooms. With a section of the development sold out in the project’s pre-launch period, investors are urged to act now to secure the best pick of the units. Watch video and see inside the project…
The discounted pricing will offer investors strong capital growth potential. Investors can acquire an apartment by taking advantage of stage payments and interest is paid on deposited funds throughout construction.
For more information about Experience Invest and The Residence Manchester, visit experienceinvest.com, email email@example.com or call +44 (0)207 834 1113.