Block of 25 Apartments

Asking Price £ 4,000,000
Salford,

Overview

  • Updated On:
  • 22 October 2024
  • Property ID
  • 21371
  • Not Available Garages

Description

Experience the pinnacle of residential investment with Brookland House, an exceptional property development delivering unparalleled sophistication and investment potential. Completed in September 2021, this impressive establishment has maintained a remarkable 100% occupancy for two consecutive years, reflecting its desirability and strong market demand.

Key Features:
Exclusive Residential Haven: Nestled within Brookland House are 25 meticulously designed, fully furnished, and self-contained apartments, catering to the discerning tastes of modern urban living.
Exemplary Developer Pedigree: Crafted by the esteemed and award-winning developer Beech Holdings, renowned for their two-decade-long legacy of creating prestigious properties that epitomize excellence and innovation.
Premier Property Management: Managed with utmost proficiency by Manchester Apartments, the leading authority in lettings and property management in Manchester, ensuring unparalleled operational efficiency and tenant satisfaction.
Strategic Financial Returns: Offering a compelling NET yield of 6%, Brookland House presents an enticing opportunity for astute investors seeking stable and substantial returns on their investment.
Strategically Calculated Rental Model: Rents are structured on a calculated blended occupancy period of 51.5 weeks, carefully factoring in a 50% renewal rate and allowing 50% of the building to be void for a week, ensuring seamless tenant transitions without compromising on revenue generation.

Investment Details:
Sale Price: £4.00 million
Proven Occupancy Performance: The property maintains an impeccable occupancy track record, consistently achieving full tenancy for two consecutive years since its inauguration.
Brookland House stands as a testament to superior craftsmanship, strategic investment foresight, and operational excellence. With its unwavering occupancy, esteemed developer backing, and lucrative financial prospects, this investment opportunity promises not only immediate financial gains but also long-term stability in the thriving property market.

Contact us today to seize this exclusive opportunity and secure your position in one of Manchester’s most coveted residential investments.

Features

  • Completed in 2021, Brookland House opened in September 2021
  • Brookland House is 100% occupied for the 2nd year running
  • A residential investment opportunity, the development is
    comprised of 25 fully furnished and self-contained apartments
  • Brookland House was developed by award-winning developer
    Beech Holdings, who have a track record spanning over two decades
  • Brookland House is fully managed by Manchester’s leading
    lettings and property management company Manchester Apartments
  • NET yield of 6%
  • Sale price – £4.00 million
  • Rents are based on a blended occupancy period of 51.5 weeks. This is
    calculated based on a 50% renewal rate, and 50% of the building being
    void for 1 week to allow for turnaround of tenants.

Additional Info

Buyer Fee: 2.00% + VAT
Rights and Easements: Ask Agent
Risks: Ask Agent
Address: Salford
City:
State/County:
Zip: M50
Country: United Kingdom
Open In Google Maps
Property Id : 21371
Price: Asking Price £ 4,000,000
Floor Plan One
Floor Plan One
Floor Plan Two
Floor Plan Two
Floor Plan Three
Floor Plan Three
Floor Plan Four
Floor Plan Four

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