1 Bed Flat for sale in Manchester, Manchester, England

About the development Trafford Press will be a mix of new-build and converted apartments centred around the former Trafford Press building, originally the HQ of the Veno’s empire, founded in Manchester by Sir William Veno in the early 19th century. The original Grade II Listed façade will be retained and enhanced through a sensitive mix of new and old. Investors can tie up only 20% of the purchase price and benefit from 12 months of capital growth in the area as pricing creeps back up from the bottom of the market. Rental returns are set to be consistently high here with NET returns anticipated to hit the 7.3% mark year on year. On completion, investors have the benefit of 70% LTV mortgages to leverage their purchase. Investment Highlights 30% Below Market value Gross Yields at 8.5% /Net Yields at 7.5% Only 20% DOWN with nothing further to pay until completion 70% LTV mortgages available Located close to all of Manchester's premier attractions About the Apartments This is an exclusive project only 1 mile from the city centre and within walking distance from the new Media-City Salford Quays area of Manchester. Location 5 minutes from the City Centre -with future commercial and residential development of the Norther Quarter, Ancoats, Spinningfields and St Peters Square. 5 minutes from the Trafford Centre- with luxury shopping, dining and entertainment - 30 million visitors annually costing £600million to construct employing over 8,000 people. 2 minutes from Manchester United Football Club- The biggest club in the World with over 333 million fans, voted second as one of the biggest sports brand in the World. 2 minutes from Media City UK -further 15,500 new jobs to the local area with the BBC relocating and ITV moving its major operations to the area. Added to that, the development will also have close links to MetroLink and the new destinations confirmed as part of its network extension