Global property scene (issue 2)

Page 89

Residential Buy-to-let

Coming Soon

Ranked by HSBC as being the fourth best ‘Buy-to-Let Hotspot’ in the country in 2013, Manchester is a city which has a chronic undersupply of housing, in relation to its population. Average rental yields have grown to 7.6% and prices are set to grow by 4.5% over the next five years. With this in mind, new-build stock is generating a huge amount of interest from the buy-to-let sector and investors are advised to register their interested quickly to reserve the best units.

X1 Eastbank Manchester

Phase 1 - 112 apartments / 40 parking spaces Phase 2/3 - 172 apartments with private parking Assured rental yield available Walking distance to Manchester city centre High rental demand in local area

Knight Knox International | www.knightknox.com | 0161 772 1370

www.globalpropertyscene.com |

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