Oxygen Tower Manchester Price PSF | Showflat Hotline +65 61007688

Price on call

Description

Why Oxygen Tower Manchester?

  • Manchester Airport provides flights to over 200 destinations, more than any other airport in UK
  • HSBC named Manchester UK #1 Buy-To-Let Hotspot
  • Manchester is the 2nd largest economy beside London
  • Second largest Chinatown in the UK
  • Home to 80 of the FTSE 100 (top 100 companies listed on UK Stock Exchange)
  • Manchester is the “Best UK City to Live” according to the Economist 2013
  • Famous for 2 world-class football clubs Manchester United & Manchester City
  • Largest student population in Europe with over 400,000 students in 22 Universities
  • Shortage in Housing supply

 

Unit Mix

1 Bedroom 446 – 476 sqft
2 Bedrooms 692 – 712 sqft

What Other Cost Involved?

Stamp duty (Payable upon completion) = Varies based on Property value. Example, for Property £225,000, the stamp duty payable is £2000 only.
Legal Fee = Property value £250,000 – £500,000 = £750, or £650 if below £250,000
Service Fee = £4.00 psf per year
Ground rent = £325 per year

Bank Loan

Offshore Bank Loan (UK) is available.

Below guideline subject to Bank’s approval:

  • Maximum Loan quantum: 70% to 75%
  • Maximum Age: 75 years old
  • Age Eligibility to apply for loan: 21 – 60 years old
  • Maximum Loan Tenure: 45 years old
  • Minimum Income required: £25,000 per year
  • Maximum Loan Amount: 4.5x of annual income

Stamp Duty

(Payable upon completion)

New Stamp Duty Land Tax (SDLT) with effect from 4 December 2014

Purchase Price of Property (£) New Rates Paid on the Part of the Property Price within each tax band
0 – 125,000 0%
125,001 – 250,000 2%
250,001 – 925,000 5%
925,001 – 1,500,000 10%
1,500,001 and over 12%

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