Student apartments, the largest apartment complex in North-West England (Manchester).
In a residential complex 1036 apartments are sold with furniture that is unique to the real estate market. It is planned to build 4 high-rise buildings. The biggest complex construction in the North West of England. Apartments with one, two and three bedrooms are available and the Studio. Underground Parking, gym and home cinema. The first two floors will be given over to small boutiques and cafes. Due for completion in August 2016. The remaining buildings will be completed in mid 2017.
The average size of Studio 29 sqm One bedroom apartment of 38 sq. m. complex Features: the apartments are furnished and ready to rent; provided honey finish. Payment plan: 25 % upon exchange of contracts, then 10 % after 6 months and the remaining 65 % will be paid upon completion in August 2016. Recorded a rapid rise in prices. All apartments were sold first, there are only studios and one bedroom apartments. When the value of the apartment up to 125,000 pounds - not the state fee is paid on the difference from 125 000 to 259 000 pounds, the fee is 2 %. The cost of the Studio from 95 000 pounds, depending on the floor. Most of the apartments already sold. Many apartment owners received offers of apartments in 2016 through the management company.
The building is located in the beautiful Harbor, near the office of the air force, in the heart of Media city. BBC and ITV are creating their innovation centers in the same location, there is a large Museum and theatre, about 40 cafes and restaurants.
Leasehold. Contractual income is 6% (net annual profit after deducting all expenses for the maintenance of the apartment and complex) and transferred to the apartment owner in four instalments during the year (every quarter). Percentage of income is fixed for the next three years, further possible revision % (according to other similar projects, the percentage only increased).

Posted Jul 8, 2015

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