Princess Street Manchester

115 Princess Street offers 2 years 7% NET rent guarantee and benefits from a highly desirable location near Manchester’s ‘Knowledge Corridor’

HIGHLIGHTS:

  • City Centre Location
  • 7% NET returns for 2 years
  • 5-minute walk to high speed train HS2
  • Prices from £169,741
  • Completion Q2 2019

 

INTRODUCTION:

115 Princess Street is one of the latest developments from Manchester’s leading residential developer, Beech Holdings. Comprising 24 high-spec studio and one bedroom apartments, the red brick heritage building is being redeveloped to accommodate both young professionals and students.

 

OVERVIEW:

Tarquin Jones are offering unrivalled NET yields of 7%, assured for 2 years by one of the city’s leading landlords, Manchester Apartments. All rents are personally guaranteed by Beech Holdings founder Stephen Beech, offering ultimate security to investors.

The development benefits from a convenient central location near Manchester’s ‘Knowledge Corridor’, prime shopping districts and main transport connections. Designed by an award-winning professional property developer, 115 Princess Street investors will benefit from 16 years-worth of property investment and management experience gained by the developer.

As the investor, you will be provided with a dedicated point of contact to offer guidance throughout the process.

All apartments are to be rented on 12 month AST’s. This results in a higher rental yield for the investor than would normally be achievable. Our apartments are 70 times oversubscribed due to our energy efficient, low carbon and space efficient designs.

PAYMENT STRUCTURE:

  • 35% on Exchange
  • 65% on Completion

 

THE LOCATION:

115 Princess Street is situated just moments away from Manchester’s ‘Knowledge Corridor’ – a highly sought-after area dominated by the University of Manchester and Manchester Metropolitan campuses and a range of exceptional student facilities.

This ‘Knowledge Corridor’ – more commonly recognised as Oxford Road – is a thriving destination for young professionals, with countless shops, restaurants and coffee shops on offer. A brand new leisure and retail facility named Hatch has brought an eclectic range of artisan and independent food operators to the area, which is constantly expanding and changing.

The development is also just a six minute walk away from the third largest Chinatown in Europe, which is recognised for its iconic ‘Paifang’ archway and v aried Asian cuisine. Most of the city centre’s prime destinations are easily accessible by foot, and Oxford Road Station,

Manchester Piccadilly Station and St Peter’s Square tram stop are just a five minute walk away for

those who wish to make use of the efficient transport systems. As Manchester’s primary railway station, Piccadilly Station will be connected to the planned HS2 high-speed rail link, which will reduce travel time to London to only 1 hour. As Manchester’s premier business district, Spinningfields is only a 15 minute walk from 115 Princess Street and boasts a wealth of popular restaurants, shops and bars.

With all of these facilities nearby, 115 Princess Street tenants will benefit from one of the most convenient locations in the city.

For further details call (0)20 8445 6542 or email info@tarquinjones.com or simply fill out the `Get more information form`

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AdminPrincess Street Manchester