stamp duty: £9,450
mortgage fees: £1,500
conveyancing fees: £3,000
NO OF UNITS
TOTAL SQ FT
PRICE SQ FT
The properties are spread over 2 counties:
Aggregate rental income pcm: £1,750 Aggregate rental income pa: £21,000 Aggregate rental yield: 6.7%
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Greater Manchester is a metropolitan county in the north west of England and is the third largest in England after Greater London and the West Midlands. Greater Manchester is made up of the following metropolitan boroughs: Bolton, Bury, Oldham, Rochdale, Stockport, Tameside, Trafford, Wigan and the cities of Manchester and Salford. The county is the economic centre of the North West, with the city of Manchester the central business district of the county and represents more than £62.8 billion of the UK regional GVA. Outside of London, Greater Manchester is the UKs main centre for the financial and business services sector and key companies include Co-op Banking Group, RBS and BNY Mellon. As well as being a major centre of trade and commerce, Manchester is also a centre of the arts, media and higher education and the third most visited city in the UK by foreign visitors. Other major employers in the county include the BBC, ITV, NXP, Siemens, Holroyd, Adidas and Umbro to name a few. Manchester is a top destination for global companies with 80 of the FTSE 100 companies located there.
Lancashire is a ceremonial county in the north west of England and its administrative centre is Preston. Today it borders Cumbria in the north, Greater Manchester and Merseyside to the south and North and West Yorkshire to the east and the Irish Sea to the west. Lancashire is made up of 12 districts, which include City of Preston, City of Lancaster, Burnley and Blackpool. Historically Lancashire was a major centre for industries such as coal mining, textile production (cotton), and fishing. Since 2013 the largest private sector industry is defence with BAE Systems Military Air solutions based here. Other defence companies include BAE Systems Global Combat Systems, Ultra Electronic and Rolls-Royce. Other large companies in Lancashire include Crown Paints, Enterprice plc, Holland Pies, Thwaites Brewery and Fisherman’s Friend.
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