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The Avenue

Location
Leigh
No. of apartments
18
Launched in
2023

This development is no longer available...

But don’t worry! We have a number of properties available across the UK’s leading buy-to-let locations, ranging from luxury residential developments to modern student accommodation. So, no matter what kind of investment you’re looking for, we’ll have something for you.

View our available properties here!

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The Avenue Overview

The Avenue is a conversion of a former bank and office building in Leigh. The building is located at the north end of Leigh town centre, opposite the ASDA supermarket. The building has been fully redeveloped into 18 apartments, a mix of studio, 1 and 2-bedroom

One of the most unique aspects of investing at The Avenue is that it is currently being leased to the non-profit housing company under a fully internally repairing insurance (FIRI) lease that also includes annual Consumer Price Index (CPI) increases, and with the national CPI rising at an unprecedented rate in recent years, the scope for growth in rental income through CPI increases is extremely high.

The Avenue Investment Highlights

  • Immediate income
  • 25-year assured lease
  • Insured and all running costs paid by tenant
  • Fully furnished
  • Completely hands off
  • Up to 9.5% NET return
  • Stamp duty and legal fees paid
  • Annual CPI increases

Invest in Supported Living UK

The supported living market is one of the most secure and profitable markets for property investment, with many properties receiving above-average rental yields whilst also being protected by long-term government leases in the majority of cases.

Supported living property investment offers investors the chance to benefit from a strong return on their investment whilst also seeing the tremendous benefits these kinds of properties can have on the residents who inhabit them. Here at Knight Knox, we offer a range of on and off-market opportunities to invest in completed, income-generating supported living properties in the UK, get in touch today to find out more.

Why Leigh?

Investing in Leigh appeals for various reasons. The town’s historical significance, coupled with its proximity to Manchester city centre, strong transport links, and amenities, makes it an attractive prospect for property investors. The Greater Manchester region’s overall property market has demonstrated resilience and growth, adding to the appeal.

 

Nearby

  • Leigh Town Centre (0.3 miles)
  • Spinning Gate Shopping Centre (0.2 miles)
  • Pennington Flash Nature Reserve (1.5 miles)

Why invest with Knight Knox?

Knight Knox make investing in property simple. We are market leaders when it comes to the sale of off-plan buy-to-let properties for the private investor market, and with over 100 years of combined experience, we offer an unparalleled service when it comes to investing in property.

Specialising in both residential and student property, we have sold over 11,000 properties to over 5,500 individual buyers in excess of 110 countries. We strive to ensure that our clients see the best-possible returns in a competitive market sector.

Knight Knox are pioneers in providing high-yielding, fully managed properties designed for both tenants to live in and investors to own.

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