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Millstone, Warrington, UK

Overseas Investments - UK property

Millstone, Warrington, UK
Millstone, Warrington, UK
The Millstone development will be built to a high specification and consists of 32 x2 bed apartments all situated in Golborne, Warrington. The development has excellent rental potential and investors can purchase their own apartments for under £5,000!

Golborne is situated just off the A580 East Lancs Road, roughly half way between Manchester and Liverpool. This sleepy backwater is slowly waking up. The original colliery has long gone and been replaced by a business park which has been boosted by the good road network.

Warrington is located in the centre of the United Kingdom, in the North West of England, Sitting between the pulsating cities of Manchester and Liverpool only thirty minutes from Manchester International and Liverpool John Lennon Airports with two main line railway stations serving the East and West Coasts, offering fast access to mainland Europe via London and its position at the heart of the national motorway system means that 23 million consumers are within 2 hours driving time of Warrington, as is 60% of British industry.

Developers have seen the potential with building new housing which is bringing in new families and this looks set to continue.

Investment Highlights

  • 5% deposit on exchange refunded on completion
  • Very low initial capital required
  • Legal fees, mortgage broker fees and mortgage valuation all paid
  • First 2 years maintenance charges of £55 per month paid
  • Investors capital input on completion is under £4,000
  • 2 bedroom luxury apartments
  • Excellent transport links to Bolton, Manchester and Liverpool
  • Close to all local amenities including cinema complex, shopping centre and gym
  • Security gated development
  • Parking included
  • Mortgages available for 89% LTV
  • RICS valuations on gross price have already been carried out

Key facts

  • Prices from £97,000
  • Completion October 2006
  • Unit types 2 bed apartments

   

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