Flat for sale in Manchester M24, 1 Bedroom
Quick Summary
- Property Type:
- Flat
- Status:
- For sale
- Price
- £ 80,000
- Beds:
- 1
- County
- Greater Manchester
- Town
- Manchester
- Outcode
- M24
- Location
- Manchester Old Road, Middleton, Manchester M24
- Marketed By:
- Meadway Estates
- Posted
- 2019-01-20
- M24 Rating:
- More Info?
- Please contact Meadway Estates on 020 8033 5819 or Request Details
Property Description
* 8% fixed net income for 5 years assured* monthly paid income, fully managed * 110% buyback exit at end of year 5* no stamp duty, no maintenance fees* operational & existing property* 16th development - immediate income
Buy-to-let opportunity
16th Hotel buy-to-let from developer- 8% net rental return per annum- 110% buyback at the end of year 5 - Income paid monthly- Hands-off investment- Zero ownership fees- Successful business with established customer base- No stamp duty, No council tax, No maintenance, No furniture costs
The ownership model is simple yet effective. Its hands-off format enables you to enjoy regular payments directly to your bank account every month. At the end of year 5 your capital shall be repaid in full.
"UK named top european choice for hotel investment in 2017" cbre
Leasehold owners of the hotel rooms shall benefit from a fixed income stream equal to 8% net of their purchase price. Income will be paid monthly in arrears as a net figure, no additional costs or fees shall be placed on the leaseholders.
The ownership model has been engineered to provide a clear exit strategy at the end of year 5 via a developer buy back equal to 110% of the original purchase price.
Hotel room buy-to-let are one of the newest and hottest products on the global property market. Part commercial property investment, part residential property investment, hotel room's is one of the fastest growing forms of buy-to-let.
Consumer Protection from Unfair Trading Regulations 2008.
The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are not included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.
Property Location
Marketed by Meadway Estates
Disclaimer Property descriptions and related information displayed on this page are marketing materials provided by Meadway Estates. estateagents365.uk does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Meadway Estates for full details and further information.