Overseas Property In Malaysia: United Kingdom - Bolton Student Accommodation

10% NET Rental Guaranteed for the first year from start date.

Projected return per annum after year one is between 8% to 10% (this is just a conservative estimation, after running costs, management fee, service charges and utilities charges).

Rental income paid quarterly in arrears direct into your bank account from completion.

For more information, kindly contact us, or call 018-282 000 / 018-282 0282

Project Description:
Tenure: 125 year Leasehold
Estimate completion: Q2 2012

* No restriction if you want to sell.
* Each floor in the building has a communal kitchen-lounge-diner and there is a laundry facility, bike storage, full gymnasium and pool tables shared amongst the whole building.
* Sale handled by UK lawyers
* Each unit will be leased back to the management company on a rolling agreement so that the whole building, in its entirety, can be let as student accommodation.
* If you are UK resident then your income will be taxable, if you are non-resident in the UK then you are classed as an "overseas landlord" and apply to HRMC in the UK for exemption - the appointed management company will be able to help with this.

Additional information:
Rental demand - £85 per week for an en-suite student unit / £95 pw for a studio apartment

Pricing:
* First floor pricing start from £34,500
* Second floor pricing start from £37,500
* Third floor pricing start from £34,500

Project Description:

Beautiful period building formerly known as the Pack Horse Hotel
Set over 3 floors, communal areas on the ground with floors 1 and 2 being converted into individual student units.
69 units for sale ranging from standard en-suite to 1 bed studio's.

Project Features: