Parents investing in kids’ futures in Manchester

If your child is starting university in Manchester this September, you'll soon appreciate the financial strain that comes with supporting them over the next few years.

This is why Bryant Homes is offering Deposit Match* on its two bedroom Arden apartments at Joule Point in Pendlebury, encouraging more parents to consider investing in bricks and mortar as well as their child's future.

Jason Newton, regional sales and marketing director for Bryant Homes, said : "We are seeing an increasing number of parents recognising the advantages of investing in a second property for their child to live in while at university, such as escaping the university rental trap and getting something in return for their hard-earned cash.

"As well as saving thousands of pounds in rent, acting as a landlord for your own child offers its own benefits. You know your main tenant intimately and by owning your child's university accommodation, you avoid paying off a landlord's mortgage over the course of their university life - saving you even more money. New homes should also provide a good long term return on investment as they are low maintenance, come with modern appliances and promote lower monthly bills due to higher energy efficiency ratings."

Deposit Match is an interest-free ten year loan of up to 10 per cent of the property's value, providing access to a wider range of mortgages, better interest rates and reduced monthly payments. You own 100 per cent of your property from day one and there is no rent or interest to pay during the loan period.

Priced at just £107,950, the Arden apartments offer excellent value for money, comprising a spacious open plan living and dining room, separate kitchen, two contemporary bedrooms and a modern bathroom. Students who drive will also benefit from an allocated parking space.

Kitting out the apartment won't be a problem as Bryant Homes is including a £5,000 furniture pack* to help parent-landlords furnish and accessorise their child's new student abode with all the essential items needed for their son or daughter to settle in straight away.

Joule Point is perfectly located less than five miles away from The University of Manchester's main campus and, starting from just £107,950, apartments at this development make a savvy investment opportunity as well as putting a decent roof over your child's head.

Transport connections to and from Joule Point are second to none, with good train and bus links and for motorists, junction 15 of the M60 ring road is only two miles away.

For further information, visit the marketing suite on Brattice Drive which is open Thursday to Monday from 10.00am until 5.30pm. Alternatively, log onto bryant.co.uk and put the postcode M27 8WG in the quick search box.

* Available on selected properties. Terms and conditions apply.