Hotel Room Investments in UK
Here is the latest project that we are offering to our investors who wants to invest in property in UK.
We all know that investing in hotel rooms is one of the safest investment opportunities all around the world due to some reason such as;
- Guaranteed rental income for 5 to 10 years
- You don’t need to be involved of the management of your hotel room as hotel will be doing that on behalf of you
- No management fees, no running costs, no need to find tenant and immediate income
- No risk for development
- Buyback guarantee
The hotel room we are offering right now is located in Manchester, UK, only 5 mins walking distance to Old Trafford Stadium and 10 mins away from Manchester city center. Hotel is done, ready and you will start collecting your rent immediately.
We are providing 10% rental income guarantee for 5 years whoever purchases any hotel room and buyback option after 5 years.
Manchester Hotel Room Investment Market
Manchester is one of the best place for hotel room investment in UK with more than 80% occupancy rate and it’s a big alternative to London. Last year total transaction was more than 5.4billion GBP in all UK. Manchester is offering great world-wide known universities, financial and commercial center and strong demand for tourism.
How to Reach to Manchester, UK
Manchester Airport is the biggest airport after London Airport flying to more than 250 destinations that makes the area very much preferable location.
Direct Flights from Manchester to;
- Abu Dhabi
- Hong Kong
- New York
Railway system has already developed in the location which will allow you to travel to other cities in maximum of 3hrs where is the Glasgow but London is only 2hrs away from Manchester. With the new HS2, London will be only 1hr
Investment in Manchester
Manchester was the birth place of Industrial Revaluation and played very important role for UK financial future. City has got more than 2.6 million population and that makes it second largest city of UK. Since 2011, Manchester is the number city which has been growing the most. And since then Manchester became the economic center of industries, real estate, financial services and manufacturing. Now, Manchester is the 12th best city in Europe to locate a new business.
Reasons to Invest in Manchester
- Economic Growth : In the city, economy has been doubled in the last years and economy of Manchester has valued more than 60 billion GBP
- Easy Accessible City : Its one the city that has got excellent connections by air and train
- Center of Business : City has become the main hub for business and will be competing with Tokyo,Paris and Berlin
- Hotel Investments : Manchester is at the top when the case is hotel investment in UK
- Tourism Increase : Tourism has been increased by 10% in 2018 and generated more than 8.5billion GBP
- Property Price : Manchester is the number one city in UK which has got the highest price increase
- Universities : University of Manchester, Manchester Metropolitan, University of Salford, University of Bolton etc.
Details of the Hotel :
Hotel is located on Talbot Road in Old Trafford and only 8 mins walking distance to famous soccer club named Manchester United which attracted more than 80.000 people and all hotel rooms are sold during the match season and rates are going up to 300 GBP even. Visitors always look for the best place and close to stadium as well as short distance to center of it and this hotel is providing all what you are looking for.
There are 33 rooms at the hotel, bar and restaurant, Gym, meeting room facilities and car park which can be rented out on the match days.
- Old Trafford Football Stadium, only 10 mins
- The Trafford Center, only 10 mins
- Emirates Old Trafford Cricket Ground, only 10 mins
- Manchester City Center, only 15 mins drive
- Media City, only 10 mins
Is there a rental assurance in place?
Yes, all investors will benefit from a 10% net rental assurance for 5 years payable quarterly in arrears.
Is there a Guaranteed Exit Strategy?
Yes, the developer is contracted to buy back all the rooms from the end of year 5. Depending on when you purchased your room every investor will have the option to ask the developer to buy their room and the developer is contractually obliged to do this at 120% of the initial purchase price.
As a non-resident in the UK am I taxed on this income?
Yes, whether you are a resident or non resident here in the UK tax on income will apply. There may be some instances where HMRC can consider overseas investors as Non-resident landlords in which case there may some relief on taxable income.
Is Stamp duty applicable on the purchase?
No, since the building is deemed a commercial building and the rooms are less than £150k then no stamp duty will be applicable.