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Apartment
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Victoria Residence (Circle Square)

3 Princess St, Manchester M1 4FL, United Kingdom, Manchester, United Kingdom
GBP 250000 - 1250000
Victoria Residence (Circle Square)
Victoria Residence (Circle Square) - Image 2
Victoria Residence (Circle Square) - Image 3

Overview

Bedrooms1-3
Bathrooms1-2
Area0 sqm
Year Built2021

A residential tower that is part of the Circle Square mixed-use neighborhood near Oxford Road in Manchester.

High demand! This property is getting a lot of attention.

Consider acting fast if you're interested.

Building/Community Amenities

  • 24/7 Concierge
  • Balcony / Patio / Terrace
  • Bike Storage & Repair
  • Cinema / Movie Theater
  • Clubhouse / Resident Lounge
  • Community Garden
  • Fitness Center / Gym
  • Game Room / Billiards
  • Garden / Courtyard
  • High-Speed Internet / Wi-Fi
  • Library
  • Meeting / Conference Rooms
  • On-site Management
  • Parking
  • Pet-Friendly
  • Pool
  • Private Dining Room
  • Rooftop Deck / Terrace

Investment Insights

Investment Analysis

Investment Summary

Property Price:£250,000
Down Payment (30%):£75,000
Total Investment:£0
Monthly Rental Income:£0
Net Annual Rental Income:£0
Future Property Value:£0

Key Metrics

Cash-on-Cash Return:0.00%
Cap Rate:0.00%
Total ROI (over 10 years):0.00%
Annualized ROI:0.00%

Legal & Ownership

Legal & Ownership Information

Ownership Structure

Ownership Rights

Freehold or Leasehold

Foreign Ownership

No restrictions for foreign buyers.

Tax Considerations

Property Taxes

Annual council tax varies by property band and location. Stamp Duty Land Tax (SDLT) for non-residents includes a 2% surcharge.

Transfer Tax

Stamp Duty Land Tax (SDLT) ranges from 0-12% plus 2% non-resident surcharge.

Inheritance Tax

Inheritance tax of 40% above the threshold of £325,000.

Important Considerations

Restrictions

  • Additional stamp duty for second homes and investment properties

Required Documents

  • Land Registry title deed
  • Energy Performance Certificate (EPC)
  • Proof of identity and address
  • Proof of funds

Financing Options

Financing Options

Mortgage Calculator

£75,000
Loan Amount:£175,000
Monthly Payment:£0
Total Payment:£0
Total Interest:£0

Financing in United Kingdom

UK lenders offer various mortgage products to foreign buyers, though often with stricter requirements and lower LTV ratios compared to residents. Non-resident mortgages typically require larger deposits.

Requirements for Foreign Buyers
  • 1
    Passport and proof of address
  • 2
    Proof of income and employment
  • 3
    UK bank account
  • 4
    Larger deposit (typically 25-40%)
Popular Lenders
HSBC
Max LTV:
75%
Interest Rate:
From 3.0% fixed, 2.5% variable
Barclays
Max LTV:
70%
Interest Rate:
From 3.2% fixed, 2.7% variable
Santander UK
Max LTV:
75%
Interest Rate:
From 3.1% fixed, 2.6% variable

Contact Information

Bruntwood SciTech & Vita Group

Bruntwood SciTech & Vita Group

Property Developer

Verified

0800 731 0300

[email protected]

bruntwood.co.uk

Contact Developer

Mention property ID: Victoria Residence (Circle Square) when contacting.

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