Experience Invest has just released a new walkthrough video of its latest buy-to-let project in Manchester.
The Residence is a new £70 million Build-to-Rent project which overlooks the River Irwell in Manchester.
The construction will see 300 apartments build across two landmark towers. Offering stunning river views and overlooking Manchester’s vibrant city centre, The Residence will contain large one bed, two bed and three bed apartments.
Follow the link to see inside The Residence Manchester which is exclusive to Experience Invest.
Limited number of units
Due to the high demand for Build-to-Rent apartments in Manchester, the development is now 70% sold out.
Apartments are available with a 16% exclusive investor discount and, due to the location’s prime location, investors will be able to capitalise rising property prices and the continued regeneration and expansion of Manchester’s city centre.
According to the experts at Jones Lang LaSalle, property prices in Manchester could rise by 26.4% over the next four years.
Investors entering The Residence with a 16% discount will secure strong capital growth potential in the mid-to long-term.
Upon completion, investors will receive 7% NET per annum which will assure for 3 years. Throughout the construction period 3% interest will be paid on all deposited funds.
UK’s no.1 location for buy-to-let returns
In a time where the UK’s government has actively put plans into place to discourage buy-to-let investment to enable first-time buyers to get onto the market, The Residence will provide assured rental returns for 3 years.
Rental returns which are higher than comparable properties in the local area and in London.
According to HSBC, Manchester is the UK’s best location for buy-to-let return.
Due to Manchester’s on-going regeneration and its status within the Northern Powerhouse, rents are predicted to rise by 26.3% between 2016 and 2020 (JLL).
Click the icon and see why so many investors have purchased an apartment at The Residence through Experience Invest.