G-Suite Cardinal Manchester
-
Project NameG-Suite Cardinal Manchester
-
AdressOldham OL1 3TB
-
Estimated T.O.PMay 2014
-
InvestorRich Link Investment Limited
-
Tenure250 years
-
Parking32 parking space; rented parking facility
-
Net Size201sqft - 305sqft
-
Storey8 floors
-
Estimate maintencance fee£900/annum
-
Facilities
‧24 hours concierge serviced apartment, no occupant limitation, suitable for
students and young professionals.‧Professional property management and letting service company provides
one-stop service for investors.‧Fully furnished apartment with bedsheet, pillow and curtains etc. ‧On walk to bus station only 2 minutes; Metrolink station 5mins. -
HighlightsWhy Manchester?
Prime location:
Manchester is the United Kingdom's second largest urban area.
Property price dropped 1/3 since peak:
Royal Institution of Chartered Surveyors report: Since economic crisis 2007 - 2012, Britain property price dropped 1/3 from peak. It becomes a opportunity for property investment in history.
GPB hit record low:
At 2008 GPB1 vs SGD2.7, however it is GPB1 vs SGD1.9 now, decreased almost 30%.
Manchester is top 5 buy-to-let hotspots:
A combination of low property prices and a strong local rental market-often driven by a local university - means these towns and cities provide some of the best rental yields in the country.
Strong rental demand:
Manchester University has the highest international student density, with nearly 10,500 international students; equivalent to 26% of its 40,410 total student population.
High occupancy rate:
Manchester Evening News 20 Feb 2012 reported, Manchester city apartment occupancy rate reached 96%.
No addition stamp duty or limitation:
No identity limitation, no resale restriction; anyone can buy and sell Britain properties freely.