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Affinity Living Riverview

Manchester, United Kingdom

Investment Type: BUY-TO-LET

Est. Completion: Q3 2021

  • Prime city centre location
  • Estimated yields of up to 6%
  • Excellent potential capital growth
  • Available from £337,000
Purchase Process

Investment Highlights

  • Prime city centre location
  • Available from £337,000
  • Spacious one, two and three bedroom apartments
  • State of the art gymnasium on site
  • Communal lounges
  • 35-storey project - one of Manchester's tallest buildings
  • Estimated yields of up to 6%
  • Stunning riverside views
  • Home to young professionals
  • Excellent potential capital growth
  • Construction on schedule to complete Q3 2021

Investment Breakdown

  • 250 year leasehold
  • Ground Rent:
    - 1 bedroom - £395 per annum
    - 2 bedroom - £495 per annum
  • Service Charge: Estimated at £3.00 per square foot
  • Fully managed option available
  • Estimated Rental Income: £16,500 per annum

Market Key Facts

  • Projected sales price growth in Manchester over the next 5 years – 17.1% (source – JLL)
  • Project rental growth forecast over the next 5 years – 16.5% (source – JLL)
  • Average net yield in Manchester – 4.25%
  • Around 50% of Manchester’s graduates stay in the city for work, a rate second to only London in the UK
  • 70,000 new jobs are forecasted by 2026

Affinity Living Riverview - Overview

Pure Investor would like to present Affinity Living Riverview, Manchester. Affinity Living Riverview will become one of the most desirable residences in Manchester, featuring 353 modern and spacious apartments across 35 storeys.

Located right next to Manchester’s business district, Affinity Living Riverview will offer residents close proximity to public transport, places of work, retail and culture. There has never been a more exciting time to invest in Manchester, the UK’s second largest economy and is continuing to increase.

Purchase Process

(1 bed apartment)

  1. Reserve with a signed reservation form and £5,000 reservation fee
  2. 25% deposit on exchange of contracts
  3. Remaining balance due on completion

OR (2 bed apartment)

  1. Reserve with a signed reservation from and £5,000 reservation fee
  2. 20% on exchange of contracts
  3. Remaining balance due on completion

Affinity Living Riverview - Key Points

Location

Location

Manchester, United Kingdom

Price

Price

N/A

Completion

Completion

Q3 2021

Rental Yield

Rental Yield

6% Net Rental Return

Development Availability

Sorry, we don't have any availability in this development at the moment. Please contact our team for more details.


Contact Us

If you would like further details about Pure Investor or any of our property investment opportunities, please contact us using the form below or call us directly.

Any Questions?

Call: +44 (0) 161 337 3890

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Looking to Sell

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Are you considering selling your property with sitting tenants?

Concerned about losing rental income, or paying expensive utility bills for 4-5 months whilst you sell? We specialise in selling properties with tenants in situ, often saving the landlord thousands of pounds in lost rental income.

  • Specialists in selling tenanted properties in the UK.
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  • Generate rental income right up to completion of sale and avoid expensive void periods during sales and legal process.

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Affinity Living - Location

Affinity Living Riverview is located just 2-minutes’ walk from Spinningfields – Manchester’s central business district. It’s also just a 10-minute walk from the city’s high-end retail district, home to luxury stores such as Harvey Nichols.

Spinningfields is the city’s financial centre and a popular destination for entertainment and shopping. Office workers pour into cocktail bars and chain restaurants in the evening, while locals seeking culture head to the imposing Manchester Opera House for musicals and concerts. Also in the area is the People's History Museum, focusing on Manchester’s working-class history. Spinningfields is well positioned for access to both mainline railway stations and is closely served by Deansgate and Oxford Road stations.

Nearby Amenities

  • Lowry Hotel - 1 min walk
  • New Bailey - 3 mins walk
  • Spinningfields - 5 mins walk
  • Deansgate - 6 mins walk
  • Selfridges - 10 mins walk
  • Manchester Arena - 14 mins walk
  • Printworks - 14 mins walk

Need some help? Request a FREE call back today.

Whether you're a seasoned investor or considering your first property investment, our experienced team are here to help. Arrange a FREE call back from one of our team!

Free Call Back

Call our team today on +44 (0) 161 337 3890

Why Invest

Why Invest in Manchester

Manchester itself is a buy-to-let hotspot with international recognition as huge numbers of young people flock to the city, pushing up property prices and increasing demand for luxury apartments. Manchester has great rail connections, with three major train stations in the city centre and London being just two hours away. The new High-Speed Railway, HS2, will ensure great connections to the capital and halve the journey time.

  • Projected sales price growth in Manchester over the next 5 years – 17.1% (source – JLL)
  • Project rental growth forecast over the next 5 years – 16.5% (source – JLL)
  • Average net yield in Manchester – 4.25%
  • Around 50% of Manchester’s graduates stay in the city for work, a rate second to only London in the UK
  • 70,000 new jobs are forecasted by 2026

Other Popular Developments

Why Choose Pure Investor

Key to the success and growth of Pure Investor in recent years has been our location on the outskirts of Manchester. Strategically located to offer all our consultants easy access to Manchester, Liverpool, Sheffield and Leeds, we are regular visitors to all the major property developments within the key Northern Powerhouse destinations.

We are passionate about the growth and development within these locations, ensuring our consultants have a high level of expertise regarding the development opportunities within these key growth areas. For this reason, many investors choose to speak with Pure Investor first when considering property investment in the North England.

We genuinely believe in working with our clients, providing a high quality of service and information, allowing our clients to make their decision on a more informed basis. As a result of this, an increasing number of investors are choosing to return and utilise our services on an ongoing basis. This is something we are incredibly proud of, and which we are looking to continually improve on in the future.

If you are considering in investing in a property in the North of England, and don't fancy the 'hard sell' approach, please feel free to get in touch on either enquiries@pureinvestor.co.uk or Tel: 0161 660 8261.

We look forward to hearing from you!

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