Studio for sale in Rochdale Road, Manchester M9

From £80,000 (£496/sq. ft)
Studio for sale 1 161 sq. ft*
Interested in this property? Call +44 20 8115 4608 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Communal garden
  • Double glazing
  • Porter/security

Property description

This is a rare opportunity to generate a secure 5-year fixed return via the purchase of a hotel room asset at Park City in Manchester. Leasehold owners of the hotel rooms shall benefit from a guaranteed income equal to 8% net of the purchase price. Income will be paid quarterly in arrears as a net figure, no additional costs or fees shall be placed on the leaseholders. Call to discuss further.

Trusted developers who within the last 10 years have worked on many projects from residential, hotel and commercial, it continues to create landmarks in desirable locations while maintaining its mission to deliver quality and sustainable investment products for its clients. The hotel is situated a few minutes' drive to the Manchester Victoria station and a few minutes' drive from the Etihad Stadium. The hotel boasts of a large garden area and a shared lounge. All guest rooms are fitted with a TV and refurbished to a very high standard. Hotel room investments are one of the newest and hottest products on the global property market. Part commercial property investment, part residential property investment, hotel room investment is one of the fastest growing forms of investment. Opportunity to purchase the entire building please call .


Investment highlights


• 8% net rental return per annum • Income paid quarterly • Hands-off investment • Successful branded business with established customer base • Refurbished rooms

Am I buying a Freehold or Leasehold?
You are buying a 250 year leasehold, with the room being registered in your name at the UK Land Registry.

What are my returns?
All units receive the same level of return which is equal to 8% of the purchase price.

Is there a due diligence pack available?
Yes, a full due diligence pack will be made available upon reservation which includes details on the purchase contracts, management agreement and land registry title.

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
London Heights International, SE10 on +44 20 8115 4608 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by London Heights International, and do not constitute property particulars. Please contact London Heights International for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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