£250000 | 1 Bedroom Apartment / Flat For Sale in United Kingdom

Kingfisher, Manchester
Location – 2.5 hours from London
Long term rentals achieving £1350
Rental Yield 6%

Why I like it as an investment property:

This is a good option for long term investment; a massive regeneration with £billions in funding from the Manchester City Council and the Developer. They are building the biggest green open space in Manchester next to this development.

Manchester has always been a rental hotspot and a really popular UK city with a lot of money being pumped into it. The payment terms are really spread out and by the time this completes the yields expected would be about 6.5/7%.

Video link:
https://www.instagram.com/reel/C-Si_tdKPe7/?igsh=eTlneHF2eGdiem5s

Payment Terms:

Payment terms are £2k to reserve (Refunded upon exchange)
10% deposit
10% 12 months later, and the rest on completion
For the pre-launch I can see if FEC will accommodate 10% on exchange, 5% 12 months later, 5% 24 months later.

• Investment Property in the UK.
• Park view
• Near park
• Service charge £1,70 per sqf per annum