Property description
INVESTORS - 6.5% NET RENTAL INCOME ASSURED FOR 1 YEAR
An historic brewery which became a landmark of the city and served as the headquarters for legendary Manchester brewers Hydes for over 100 years, Queen's Brewery sadly closed its doors for the final time in 2012, leaving this beautiful period building to stand empty and abandoned; a stark reminder of Manchester?s industrial past.
Fast-forward two years and a new generation is now set to be exposed to the hand-bed hoppers and romantic clock tower which marks the former Victorian brewery?s history, as new life is breathed into the building through a refined conversion which will see it transformed into high quality residential accommodation.
A conversion project with part new-build, Queen's Brewery will comprise of studios, 1, 2 and 3-bed apartments, in addition to providing private bicycle storage and parking, whilst retaining the unique Victorian architectural features which helped it earn its valued status as a Grade II listed building.
The perfect location for young professionals in the area, Queen's Brewery is just two miles from Manchester city centre, with Deansgate?s boutique shops and Oxford Road?s theatres and music venues literally at their fingertips.
One of the most popular cities in the country, Manchester has recently been named as one of the UK?s top four ?Buy-to-Let Hotspots?, where investors can claim rental yields of up to 7.6% according to a 2013 HSBC study. With the National Housing Federation predicting that rental rates will grow by 36% by 2018, Queen's Brewery is set to be a worthy and historic addition to this city?s booming buy-to-let market.
Fixtures and Furnishings
All apartments are supplied furnished, at an additional cost.
Interest in this development will be high, so contact us today to reserve your apartment!
Moss Lane East, Manchester, Lancashire, M14 4LS, United Kingdom
161,000 GBP
Property Features :
- 6.5% NET RENTAL INCOME FOR 1 YEAR
- 1 YEAR RENT ASSURED PERIOD
- CONVERSION OF GRADE II LISTED PROPERTY
- BUY TO LET/RESIDENTIAL