HKD 1,580,000 - 1,860,000
- HKD 1,580,000 - 1,860,000
- 291-441 square feet
- Studios/1/2 Bedrooms
- Up to 50% Loan-To-Value
- Min. Cash Required: HKD 788,000
- Estimated Completion: 2018 Q2
- Ownership: 250 years leasehold
- Rental yield up to 8.0%
- Mortgaged Buyer Return: 16.0%
- IMMINENT COMPLETION
- Low entry price; 8% NET (each year) RENTAL GUARANTEE for 3 years
- FREE FURNITURE PACKAGE included
- Developed by Award-winning residential developer
- Situated near the famous (Manchester United Football Stadium)
- 3 minutes walk to the nearest tram station - Trafford Bar Station
- 5 minutes by tram (every 3 mins, 2 stops) to city centre : Deansgate-Castlefield Station
- 10 minutes walk to shopping area - White City Retail Park
WESTPOINT is the latest development from Manchester's award winning residential developer. The building is located in one of the city's most exciting emerging investment hotspots, Old Trafford, which is expected to see significant price growth, as prices in surrounding areas have already risen significantly.
WESTPOINT is only a 3 minute walk from Trafford Bar metrolink stop and just 2 stops to Central Businesss District. The property is being redeveloped into 346 high quality, low-carbon residential units, with market-leading communal facilities for tenants, including a gym, a roof garden, a landscaped Japanese garden area, parking, communal lounge and a coffee bar.
Modern low-carbon technology means that the building will be one of the city's most energy efficient, with a benefit to investors of an enhanced rental yield and future-proof investment.
Investors will secure with :
8% NET(each year) RENTAL GUARANTEE FOR 3 YEARS
FREE FURNITURE PACKAGE
It is located in Old Trafford - a vibrant area which is world famous home to Manchester United Football Club and the historic Old Trafford cricket ground. Only a few minutes away from Manchester city centre, situated close to the city's main attractions. It is close to Media City, home of BBC TV and ITV studios as well as Trafford Centre, one of Europe's biggest retail and leisure destinations.
WHY INVEST IN OLD TRAFFORD
Greater Manchester will need at least 200,000 new homes by 2040 to support anticipated economic and population growth.
It is evident that despite the close proximity to Manchester city centre, there is great scope for price growth in properties located in such an accessible location given the disparity in pricing. Trafford, which is home to the Trafford Centre, Manchester United and Old Trafford cricket ground is seen as Greater Manchester's next property hot spot.
Trafford is home to Trafford Park, a 4.7 square mile business park and industrial estate which was the first planned industrial estate in the world and remains the biggest industrial estate in Europe. There are 1,500 companies located in Trafford Park, employing close to 40,000 people.
With the growth in prices in Manchester and Salford over the last 3-4 years, Trafford has come into investors' focus as a next hotspot due to experience the significant capital growth witnessed in central Manchester.
As a result of this, prices grew 9.1% in Trafford over the last 12 months, compared to 3.2% for Manchester as a whole, showing that the market is already waking up to the potential of Trafford as an exciting area for residential investment.
The recent announcement in October 2016 of the £350m investment into a new Metrolink line through Trafford Park to the Trafford Centre will only help strengthen the investment case for the area and increase demand from tenants to live in locations easily accessible to the Metrolink network for access to Trafford Park as well as the city centre.
* Left : MediaCityUK, Right : Old Trafford Stadium (Manchester United Football Stadium)
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Choose your perfect apartment and pay the deposit
Both sets of solicitors are instructed, with the legal documents and sales pack then sent out to you
Reservation fee of £2,500
50% of purchase price (less reservation deposit paid) is payable on exchange of contracts
The remaining 50% of the purchase price is payable on completion
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