Johnsons Square is a brand-new, residential development, offering its investors an estimated 6% NET Rental Yield.
Prices From £144,995
Estimated 6% NET Rental Yield
Completion: Q3 2019
Leasehold: 250 years
Less than a mile from Manchester City Centre
Within Manchester’s Northern Quarter
Facilities include Smart Technology and private courtyard
Restoration of a distinctive Victorian building
Johnson Square offers a wonderful residential development opportunity in Central Manchester with an estimated 6% NET rental yield. Consisting of 10 luxurious apartments, from £144,995, Johnson Square is designed for generation rent, offering a healthy mix of work and play. Situating in the Manchester's Northern Gateway will equate to high demand in a city brimming with job opportunities.
Johnsons Square was born from the restoration of a Victorian building converted into 1- & 2-bedroom apartments, offering its investors an estimated 6% NET rental yield with its prices starting from £103,000.
Located in the world-renowned Northern Quarter, on the doorstep of Manchester City Centre, keen investors on both sides of the globe will be keeping a close eye on this up and coming development, to expand their property portfolio.
Between Tokyo basements, baseball bars and Berlin clubs, the Northern Quarter's ability to live out travel dreams, is what makes it one of the most desirable corners of Manchester. Young professionals far and wide are commuting to Manchester to live in places like Johnsons Square for the attractive residential developments, so much so, that Manchester has seen a 23% increase in the number of people living in the area in the past few years.
Reservation fee: £5,000
Exchange: 20% (less reservation fee)
Johnsons Square offers its investors an estimated 6% NET yield.
See table below for an example of the amount of returns you could earn:
WHY INVEST IN MANCHESTER?
With a fine line between work and play, Manchester is the heart of generation rent boasting 8.6-10.1% rental yields. Manchester claims 1.3m of their 2.8 million are in full-time employment, with more businesses relocating to the city, counting towards Manchester's £62.8 billion economy, for its favourable rents, 40% lower than London.
Manchester is at the heart of the Northern Powerhouse, resulting in numerous regeneration plans to complement this, included HS2. As the fastest growing city outside of London, Manchester is a clear-cut investment in the future of the UK, to the extent that an Oxford Economics study anticipates the level of job creation in Manchester could outpace that of cities such as Berlin, Tokyo, and Paris between 2015 and 2020.
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