As property investors look for some great deals over the course of the Black Friday run in, we would like to bring to your attention some of the properties we are currently marketing for our friends at Residential Estates to close out the year, that are forecast to do very high NET yields or are already achieving them. We have hand picked the best available units on each of these developments that we believe stand out from the rest.
They are very well priced, below market value or discounted for a quick sale, and are in locations where they have high demand. Most of our properties offer 10% – 18% NET yields, so after running costs, are very high returning. Some of these properties can be bought with either cash or mortgages, a few are cash only, including properties that are stamp duty exempt.
Please let us know via email at investments@propertysecrets.net if a particular property is of interest and we will then forward you full details.
Unit 19 – The Wire (the only apartment available now as the original buyer could not move ahead)
Location: Warrington
An apart-hotel studio in a prime location of Warrington near the 3 huge business parks, perfect for the strong corporate let demand there
The established guest house is set to be transformed into 35 high quality units to further enhance large Corporate bookings
No stamp duty, no ground rent, no council tax
Price: £65,000
Over 15% NET Yields achievable
Development overview video: watch here
Cash Purchase Only
Email: investments@propertysecrets.net for details.
Unit 12 – Glan Neigr (Back available after buyer couldn’t move ahead. We also have a 2 bed penthouse for £180k +vat)
Location: Rhosneigr, Anglesey
No stamp duty, council tax or ground rent. An apart-hotel Studio in the very popular Anglesey village of Rhosneigr. Large tourism market in the area and a location that sees consistent growth
Nearly built and completion (2 months)
Price: £78,000 plus VAT – One of the bigger units
Over 12% NET Yields achievable via the Short Term Let Model
Cash Purchase Only
Email: investments@propertysecrets.net for details.
Unit 3.10 – City Point (only two apartments available here)
Location: Hull
A 1 bedroom apartment in a modern development in the heart of Hull. Built, complete and ready to go.
Since its City of Culture status in 2019, the area has went from strength to strength
Very popular Short Term Let area (we are very much established in Hull and are achieving high yields)
Price: £124,000
Special Offer: Developer will pay Stamp Duty for clients
Over 11% NET Yields achievable
Mortgage Options available
Email: investments@propertysecrets.net for details.
Premier Point (the only property we have available in this location)
Location: Manchester, just off Deansgate
A below market value, 1 bedroom apartment within a prime location of central Manchester. Newly refurbished and also new blinds, new cooker, new dishwasher and washing machine. A big track record and very successful.
Just a short stroll from the iconic Hilton Hotel on Deansgate
£950pcm tenancy in place
Price: £159,000
Walkthrough Video Link (before refurbishment): watch here
Mortgage Options Available
Email: investments@propertysecrets.net for details.
Unit 9 – Church House (we have 11 apartments which are a mixture of 1 and 2 beds available)
Location: Bristol
A 1 Bedroom apartment in the popular corporate area of Filton in greater Bristol. Home to large corporate companies such as Rolls Royce, Airbus and the largest Ministry of Defence in the UK. They are built, complete and ready to go.
Property prices have grown nearly 20% in Filton over the last 5 years
Price: £190,000
Over 10% NET Yields achievable via the Short Term Let Model
Walkthrough Video link: watch here
Mortgage Options Available
Email: investments@propertysecrets.net for details.
Unit 18 – City Point (we have this 1 bed and a 3 bed available)
Location: Aberdeen
A recently completed 1 Bedroom apartment in the heart of Aberdeen. Built, complete and ready to go.
Close to large corporate head offices such as Shell as well as tourist areas nearby to cater for both corporate and leisure short term lets
Planned resurgence in oil in the area paving way to strong capital growth potential as proven in the past
Price: £140,000
Over 10% NET Yields achievable via the Short Term Let Model
Mortgage Options Available
Email: investments@propertysecrets.net for details.
Unit D01 – The Bay (X2 studio apartments available here)
Location: Morecambe
An apart-hotel Studio apartment across the road from the beach and 5 minutes from the new planned Eden Project
750,000+ planned visitors annually to the new attraction
Large corporate let demand also in the area from the nearby Heysham Power Station
Price: £70,000
Over 16%+ NET Yields achievable via the Short Term Let Model
No stamp duty, no ground rent, no council tax
Development Overview Video link: watch here
Cash Purchase Only
Email: investments@propertysecrets.net for details.
Unit 11 – The Binding House (the only apartment available, which has come back on to sell)
Location: Hull
A modern 1 bedroom apartment conveniently located in central Hull. Built, complete and ready to go.
Fantastic opportunity to buy cash and refinance down the line whilst also generated large income via the Short Term Let model or traditional AST route
Price: £100,000 (Discounted by £20,000 OMV)
Over 10% NET Yield achievable
Walkthrough Video Link: watch here
Cash Purchase Only
Email: investments@propertysecrets.net for details.
Unit 12 – The Wellington (the only apartment for sale, as a buyer couldn’t move ahead)
Location: Blackpool
An apart-hotel studio apartment in the popular tourist area of Blackpool
Already established Guest House that will be transformed into self-contained units to further increase bookings and income potential
Blackpool undergoing its £300 million regeneration programme
No stamp duty, no ground rent, no council tax
Price: £65,000
Over 12% NET Yields achievable – 10% NET Rental assurance for first year option
Walkthrough Video of its current state before renovation: https://youtu.be/DKWgLsaybMk
Cash Purchase Only
Email: investments@propertysecrets.net for details.
8 Queens House (The only property we have in Sheffield)
Location: Sheffield, S1
City centre location, easy walking to the main attractions / Universities. Built, complete and achieving the figures below
40m2, one bed ground floor apartment
Current rent £750pcm, rolling tenancy from April 2024
Service charge under £1,000 per year
Price: £110,000, re-mortgage valuation at £115,000 so good to finance
6% net return
Email: investments@propertysecrets.net for details.
73 ONE London Road (we have a handful of studio apartments here, from £49k and doing 9%NET yields)
Location: Newcastle under Lyme
Walking distance to the Royal Stoke University Teaching Hospital. All built, complete and a very successful development.
Bus route to Keele / Stafford University
20m2 self-contained studio
New build, completed 2022
Net return 10.6% net, fully managed by Urban Student Life
£55,000
Cash only
Email: investments@propertysecrets.net for details.
20 City Suites (We have 2 X 1 beds available, both achieving high yields)
Location: Chester, CH – Very few properties come up in this area
City centre location, close to the main line train station. Built, complete, very successful.
Short term lets approved and currently run on this model
One bedroom, 50m2, second floor apartment
Fully managed by Residential Estates / Guestz since completion back in 2019
£160,000 includes parking and furniture
10% net return, based on current rent and future bookings till the end of the year
Cash Only
Email: investments@propertysecrets.net for details.
If any of the properties above are of interest and you would like full details, please email investments@propertysecrets.net and let us know which properties you are interested in and we will send info to your inbox immediately!