
2021 · Portfolio landlord
Uptown, Manchester
River Irwell, City Centre · Held 4 years
Purchase
£235,000
Current value
£298,000
Gross yield
6.9%
Growth
+26.8%
Off-plan 2-bed apartment purchased at pre-launch discount. Held through completion, tenanted on AST for 3 years, currently valued 26.8% above purchase.
“Red Cardinal sourced three off-plan Manchester investments for us over eighteen months, all are tenanted, all valued well above exchange price. Their analysis on post-HS2 Greengate was the single best call they made.”M.R., Portfolio Landlord (London)
Completed tenanted at £1,350 pcm. Capital uplift £63,000 on £58,750 deposit, 107% ROI on cash over 4 years.








