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Superb Investment Opportunity – UK
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“An Investment Village” in Wigan - UK
ONLY 2 UNITS REMAINING!
2 Bedroom Apartments £157,950
Only 10% deposit required on exchange ‐ £15,795
A further 5% deposit required on legal completion
15% CASHBACK ON COMPLETION
Arranged in a courtyard setting these properties are in an excellent location close to
Wigan town centre and transport links
Parking space included
Expected rental value of £675 pcm
(We can introduce you to a local rental & management company)
£3,000 to make a reservation (refundable up to 14 days)
85% finance available, subject to status
Scheduled for completion May 2008 |
Location
This residential development is located on Walkden Avenue, half a mile from Wigan
Town Centre and transport links. Wigan is ideally located for commuting to Manchester, Liverpool, Bolton and Preston, and close to the M6 motorway |
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Property Amenities
• 24 apartments
• Parking included
• 2 bed apartments , 628‐797 sq ft
• Lift access
• Close to transport links
• Apartments have 2 bathrooms, 1 en‐suite
• Individual character of buildings will appeal to tenants
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Investment Background
Wigan boasts affordable prices compared to
other parts of the UK and an ideal location
amongst some of Britain’s fastest growing cities.
Many property investors expect the immediate
regions around Manchester and Liverpool to
continue growing over the next 5 years.
Manchester was voted in the top 10 of ‘Where
Best to Invest’ by Channel 4 with prices
expected to rise by over 27% in the next 5 years
with good rental income. Liverpool has been
selected as the ‘European Capital of Culture
2008’ and property prices continue to rise at a
healthy rate. We have used 7.2% compound
growth in our calculations which means prices
will double every 10 years. |
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“Hold for 2 years after completion. This opportunity should not be missed, to realise 3 years capital growth in an established property market, in a great rental location by acquiring a high quality and unique apartment. ” |
Typical Return on Investment |
Purchase price |
£157,950 |
Total deposit and fees* |
£25,993 |
15% cash back on completion |
£23,693 |
7.2% equity off-plan growth |
£11,372 |
7.2% equity growth year 1 |
£12,191 |
7.2% equity growth year 2 |
£13,069 |
Return on investment = 232% |
£60,325 |
*10% on exchange and 5% on completion. Fees estimate for legals, and stamp duty
This example assumes the client takes a mortgage for 85% of the property price on completion plus the 15%
cash back. |
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For further information please contact us
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