Gorton, Manchester M18, 2 bed apartments
NEWS 10/01/07: 1 apartment left!
Investment Overview
Number of Units: 5
Property Type: 2 Bed Apartments
Parking: Included
Deposit: 5% on exchange or pay £650 fee
Assignable contracts
RICS Valuation
Discount: 15%
Completion Date: March 2007
STAMP DUTY EXEMPT
Gross Price Range: £123,000 - £128,000
Net Price Range: £104,550 - £108800
Rental Evaluation: £525
East Manchester Regeneration HOTSPOT (click here to see the location)
NO STAMP DUTY
We have secured 5 apartments in Gorton, Manchester. These apartments are located within a contemporary development of houses aswell as apartments. All of the homes will be finished to the highest specifications including fully fitted kitchens and bathroom with showers. The development itself is situated only 10 minutes away from the City Centre. The main investment point of this area is that it is situated in a massive regernation area. Millions of pounds are bring invested into the area with a massive change already taking place. East Manchester has already seen the SportCity Stadium (home of Manchester City FC) built in recent years.
Further regeneration includes the extension of the metro link through East Manchester through to Ashton and Oldham. Values of properties in Gorton have seen a massive capital growth of over 50% in the last 2 years!! Contracts are assingable so you can sell before completion. But the real profit is in holding onto this and renting out. With so much positive regeneration taking place, the signs are fantastic for this type of investment.
We have secured these units with discounts of 15% off prices starting at £104,550. We have a mortgage product that will allow you to purchase this property as a near NO MONEY DOWN DEAL on completion. Call us now!
HAVE YOUR 5% EXCHANGE DEPOSIT PAID FOR YOU
Key Investment Facts & Figures
Manchester is a metropolitan city and has a great history with regards to the textile and cotton industry. Time has moved on since then and Manchester is now one of the UK’s most vibrant cities, with a mix of old Victorian buildings such as the Town Hall and Free Trade Hall and the new modern buildings such as the Lowry Hotel.
Manchester is also home to the world famous Halle Orchestra and of course it has two very famous football teams, Manchester United and Manchester City. A city that was made famous by industry, enterprise and textiles, Manchester is now unrecognisable from its past. Manchester is definitely a city on the up, it has so much going for it from fantastic shopping, vibrant nightlife, arguably the best music scene in the UK and two top class premiership football teams to name but a few things.
Manchester is jam packed with trendy bars and restaurants, which include the very loud and very brash Gay village.
The city’s airport, Manchester International, flies to over 165 destinations with over 20 million passengers passing through each year.
Manchester is also home to three universities with over 45,000 students studying higher education in any one year.
East Manchester is changing. Encompassing a 1900 hectare area situated immediately East of Manchester City Centre, and one of the most deprived areas in the country, East Manchester presents an opportunity for investment and regeneration on a scale unprecedented in an English city.
Source: www.neweastmanchester.com
Specification
- High quality steel framed security external front doors
- Fitted kitchen with oven, hob and extractor hood & Washer Dryer
- Space for fridge freezer
- Alarm to ground floor apartments
- Smoke detectors
- Fitted shower to bathroom (where applicable)
- Generous electrical specification
- Natural Beech doors with Chrome lever “Lilla” handles
- Audio Door entry system
- UPVc double glazed windows
- Cornice and pelmet as standard
- Electric panel heating
- 10 years NHBC protection warranty
Investment Procedure
The payment schedule for your chosen property is made in 3 stages:
Reservation Fee Required immediately £1000. To be sent with reservation form by first class post recorded delivery.
Before Exchange 2% + VAT Arrangement Fee based on gross market value 5% deposit on exchange in 28 days. Or have your 5% deposit Paid for you for £640.
If you want to take advantage of a genuine 15% discount, then act NOW. Email or give us a call to reserve your plot TODAY. Alternatively, text "Gorton" to 07711 807 232 and WE will call you to save YOUR telephone bill.
Act Now so not to Miss Out!
We will arrange for our mortgage broker to contact you to discuss your requirements.
A Reservation Fee of £1000 is required immediately.
If you wish to receive information on similar properties in the future, feel free to register with us in order to get an email and (optional) a FREE text briefly decribing a new property that we have carefully sourced for our clients.
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