East Gate - Discounted UK Apartments from £60,800, 8.9% yield.
6 apartments are available at up to 23% discount from the already discounted developer prices. The rental market is strong with yields of up to 8.9% PA.
- The development consists of 50 one and two bedroom units with a lift to all floors and a communal roof terrace, all apartments have a parking space included. Emerging Real Estate are offering prices significantly below the developers already discounted prices
- All the apartments on the ground and first floor are already either sold or rented out with the exception of 3 units which are available for sale.
- Current rents being achieved are £450 PCM for one bedroom and £550 PCM for two bedroom apartments through local letting agents.
These rents together with our sales prices produce gross yields between 7.4% and 8.9%.
- Each apartment has been built to a high specification to include contemporary kitchens and high quality bathroom fittings.
- The site is only 5 minutes drive from junction 20 on the M60 making commuting into Manchester very easy being just 8 miles away. There is also a railway station nearby with direct connections to the centre of Manchester. There is a Fitness First Gym on site.
Apartments can be reserved for £1,000 per unit, completion will be in c6 weeks. We have an independent Law Firm who will complete on the properties for all our clients in a cost effective and speedy professional manner as they have done on our previous developments.