AT A GLANCE
- 1 - 4 Bedroom(s)
- Service chg. £800 pa
- Ground rent £250 pa
- 8 Plots
Located in the growing town of Ashton-in-Makerfield, these tenanted apartments should be a hot commodity for anyone interested in cash only investments in one of the country’s consistently best-performing and fastest-growing regions, Greater Manchester.
With tenants already in situ, meaning income is earned immediately, this is a fantastic low risk opportunity, ideal for investors of any experience.
Each unit is unique in its floorplan, the 2-, 3- & 4-bed apartments each feature high ceilings and large sash windows to make them light and open. New flooring has been fitted throughout – laminate in the living areas, carpet in the bedrooms – with the level of furnishing being dependent on the unit.
The town is perfectly placed in between Manchester & Liverpool, making it popular with commuters. Its central location means shops, restaurants and local amenities are all nearby, and many bus and train services run every hour with direct lines to Liverpool.
The North West is booming, with over 50% of the FTSE 100 companies being based there.
Manchester’s population continues to grow at an incredible pace, benefitting from the rise of people leaving London for a more affordable lifestyle. Today, the city and its suburbs are considered as the UK’s top rental hotspots with house prices increasing at a rapid pace. Buy to let properties in Greater Manchester are in huge demand, and have some of the highest occupancy rates in the UK.
Greater Manchester boasts one of the UK’s busiest housing markets so it’s no surprise that house prices in the region have grown more than anywhere else in the UK, beating the national average for five out of the six years since 2012. In line with a growing population, JLL anticipate that house prices will grow by 22.8% between 2018 and 2022, whilst rents will rise by 17.6% in the same period.