Angelgate Block A, Manchester, UK Stylish 1 & 2 Bedroom Apartments V.1.3 Issued: 13/11/2014
Welcome
“
I am delighted to present our first residential development in the city of Manchester. For the past three years we have gained an excellent reputation for developing student accommodation in Liverpool, Chester, Canterbury, Leeds, and Sheffield. Unlike some developers, we are reliable and transparent offering our investors safe and secure investments with great yields. Several of our developments are already completed with our investors enjoying fantastic yields. Many of our investors have bought from us more than once, testimony to our great reputation. For some time now, we have been looking for a residential project as an alternative for our loyal investors. Finding the right residential development that meets our high standards has been challenging, but now we have found something truly special. I am proud to present Angelgate residential apartments in Manchester. This development is the right price, in the right location, and offers an excellent yield. Take a look at our brochure, talk to your agent, and see what this development can offer you.
�
Julie Harvey Director
Why Invest
In Manchester? -- Mention Manchester anywhere in the world and the response is‌ Manchester United! However, Manchester is so much more than just sport. Within the UK, Manchester is seen as the new regional super power. -- The BBC has recently moved from London to Manchester creating a new “Media Cityâ€? - the second biggest in Europe, it represents the largest professional market outside of London. -- Manchester has long been the second city of the UK, with an urban population of 2.5 million. -- World-class transport. Manchester airport carries more routes than Heathrow and is the 2nd largest airport in the UK. -- Sport which even London looks upon enviously.
-- The city centre is young and vibrant where the average age of just 27. -- Education. Manchester is home to three leading Universities with a student population of 98,000. -- 80 of the FTSE 100 companies have a base in Manchester. -- Greater Manchester is home to more multi-millionaires than anywhere outside London. -- 96,000+ people employed in banking, finance and insurance. 31.4% of all employees. -- Spinningfields is the largest business district with Royal Bank of Scotland, Barclays, HSBC and Deloittes.
Why Invest In Buy to Let
It is now widely recognised that the private rented sector has a crucial role to play in both the UK housing market and economy.
Why are more people renting? -- This is due to the creation of more single person households; the demands of the global economy in terms of workplace mobility and a lack of affordability.
-- Increase in people living alone, leading to housing shortage.
-- The average age for buying a house in the UK has risen to 37 in the last ten years, leaving millions renting for longer periods.
-- 50% of tenants are aged over 35.
-- “Generation Rent” are young people from all walks of life, from all professions, who cannot buy a house, because of tighter regulation in the mortgage market. -- Buy-to-let is a thriving industry within the UK. In many areas of the country, as many as 30% of the population are in privately rented accommodation.
-- The proportion of householders renting in the UK has doubled since 2001 to 18%.
-- Over a third have incomes of more than £30k; 1 in 10 have incomes of more than £50k. -- Today’s tenants are often willing to pay a premium for a better quality of product. -- 2013 was the lowest level of house building since 1920s – leading to extreme shortage. -- Housing supply at a 100 year low.
Manchester Buy to Let -- Manchester has a young population with an average age of 27. -- 29% of population living in private rentals. -- Manchester offers some of the best returning yields in the country of up to 7% according to the Nationwide (a leading Bank in the UK). -- Manchester is in the Top 2 BTL Hotspots in the UK (HSBC).
Rental Growth 5%
year-on-year rental growth in 2014 (HSBC)
UK’s no.2
location for buy-to-let yields
--
5% year on year rental growth in 2014. (Source : HSBC)
-- Average annual rents £ 8,316 per year (£693). (Source: Property 118.com)
Who are today’s Tenants?
From Jones Lang Lasalle
Type of family unit
Age
(HSBC)
Best performing regional towns / cities City
Growth
Average Price
Manchester
21%
£209,627
London
15%
£385,741
Brighton
12%
£348,918
Leicester
11%
£168,778
Birmingham
10%
£151,627
(Source: Nationwide)
MultiPersons
Families with children
15%
31%
One Person
29%
Childless Couples
25%
65+
16-24
8% 16% 45-64
19% 35-44
21%
25-34
36%
Annual % change this quarter: 21% (Source: Nationwide) Russell Quirk, founder of online estate agency eMoov.co.uk, told the Guardian “With large amounts of jobs generated by the recent developments and property prices in Manchester seeing a rise in recent years, the area is bringing in a middle class regeneration and we expect to see increased desirability in the area with demand and prices rising accordingly”
-- Your residential unit has a valuation based on its own value, not just on the income it produces. As prices rise in the local area so does the value of your apartment.
UK’s no.1
-- Manchester is the number 1 city for house price growth in the UK (Nationwide) with prices growing by 21% in 2013. This is even more than London which grew at 15%.
city for house price growth in 2013 (Nationwide)
House Prices Soar in Greater Manchester
Now is the time not only to invest in the UK buy to-let market, but to invest in Manchester, and take advantage of everything this fantastic city has to offer. Birmingham
10%
11%
12%
21%
15% Manchester
Annual % change last quarter: 10%
London
% Change in 10 years: 35%
-- For example; if you bought an apartment last year for £125,000, based on last year’s capital growth, this could now be worth £151,250. This is a fantastic increase of £26,250 (21%). This is in addition to the 7% NET yield!
-- Buying a residential unit in Manchester means you will benefit from both an excellent annual yield + capital growth.
Brighton
Average Price in Q4 2013: £209,627
Manchester Capital Growth
Leicester
City of Manchester
Annual % Change in National House Prices.
About Manchester Manchester has long been known as England’s “Second City”. A multi-cultural and creative hub and one of the most exciting places in Britain to live and work. -- Manchester is the 2nd most visited city in England by foreign visitors (after London). -- Manchester is a ‘shoppers’ dream, with all the high street brands and eminent designer shops a person could desire. -- Manchester has a wealth of internationally acclaimed theatres, art galleries and museums. -- Manchester is home to two premiership Football Clubs, Manchester City and Manchester United. -- Manchester is home to the National Cycling Centre and the world famous Velodrome used by Olympic and Tour de France winner Bradley Wiggins. -- Manchester Nightlife – when the sun sets, the city really comes alive. Choose from cocktails in the Hilton Sky bar or relax by the canal in the vibrant areas of Castlefield or visit the trendy Northern Quarter for live music and excellent dining.
Block B
Angelgate
Block A
The Opportunity Angelgate will be an original and inspiring place to live. It is intended to contribute something new and exciting to the character of the area and a contemporary development that is at home in this ever evolving Quarter. In the last decade Manchester has regenerated itself, and continues to do so, to maintain its status as a major European City. Angelgate will be a part of this renewal process. Angelgate is an off plan, new build development, which will ensure a sustainable and energy efficient building that will remain environmentally friendly for years to come. The site will have 344 units with views of the vibrant Northern Quarter, the busy residential Green Quarter and the impressive Manchester skyline. Angelgate will house a mix of one and two bedroom apartments, a concierge, 2 level fitness suite, landscaped gardens, car parking and retail units to complete the scheme. Many apartments will also feature a balcony, providing additional space and a tranquil outdoor area.
Angelgate is truly designed for today’s modern city living.
KEY AREAS TRANSPORT
GREEN QUARTER PHONES 4 U ARENA
LEISURE & RETAIL
MANCHESTER CATHEDRAL
VICTORIA RAIL STATION
NATIONAL FOOTBALL MUSEUM
THE PRINTWORKS ROYAL EXCHANGE THEATRE
DEANSGATE
BANK OF CHINA
MANCHESTER ART GALLERY
MANCHESTER ARNDALE SHOPPING CENTRE
NOMA
BUS/TRAM INTERCHANGE BAND ON THE WALL
NORTHERN QUARTER
PICCADILLY GARDENS
CHINA TOWN PICCADILLY RAIL STATION
Manchester City Centre
N W
E S
NOMA Regeneration Area Angelgate is in a great location on the edge of the NOMA regeneration area. This regeneration has been led by a huge UK company, The Cooperative Group, which is one of the UK’s largest retailers. Their businesses also include banking and travel. Working in partnership with Manchester City Council and the European Regional Development Fund, 20 acres of land is to be redeveloped into a new ‘quarter’ for business, retail and residential opportunities. ANCOATS The 1st stage of redevelopment is now complete with the Co-operatives new head office, the NOMA building, being officially opened in November 2013 by The Queen and Prince Philip. In the last decade Manchester has regenerated the Northern Quarter and the Green Quarter which now include a huge range of residential and commercial developments. Source: www.noma53.com
N W
E S
Map METRO LINK RAILWAY METRO LINK STOP RAILWAY STATION BUS STATION/ MAIN STOP
Shopping & Leisure
Arndale Shopping Centre - 8 min walk Harvey Nichols - 10 min walk Selfridges - 10 min walk China Town - 15 min walk The Printworks (Restaurants, bars, cinema) - 7 min walk
Transport
Victoria Train Station - 6 min walk Victoria Tram Stop - 6 min walk Bus Station - 7 min walk Nearest Bus stop (No 40) - 1min walk Manchester Airport - 10.5 miles
Train Times from Piccadilly Manchester Airport - 20 min Liverpool - 50 min Leeds - 1 hour Birmingham - 1.5 hours London - 2 hours 1 min Glasgow - 3 hours 10 mins
N E
W S
Typical 1 Bedroom Apar tment
Typical 2 Bedroom Apar tment
Specification
External Finishes
-- Contemporary Brushed Aluminium Frames
-- Double Glazed Windows
External Finishes
-- Contemporary Brushed Aluminium Frames
-- Double Glazed Windows
Bedroom
-- Fitted Wardobes -- Desk / Vanity area**
Balconies
-- Full length brushed Aluminium Frames -- Polished Concrete Balcony floors or Ceramic Tiling*
-- Chrome Light fitting
Kitchen
-- Contemporary fitted kitchen with --------
handless doors with aluminium profile to all units Integrated Under Unit Lighting Bosch Fan Assisted Oven, Induction Hob and Extractor Fan Integrated larder fridge/freezer Bosch Integrated Washer/Dryer Bosch Integrated Dishwasher Bosch Integrated Microwave
Internal Finishes
-- Keyless Entry System to all apartments *If applicable ** In specific apartment only *** Additional cost
-- Walnut Veneer Internal Doors with Chrome Fittings
-- Chrome Ironmongery
Lighting ------
Kitchens – Spot light LED Bathrooms – Spot light LED Living Room – Spot light LED Hall – Chrome Light Fitting Bedrooms – Chrome Light Fitting
Flooring
-- Hallway – Walnut Floor -- Kitchen and Bathrooms – Tiled Floors -- Fully carpeted bedrooms
Bathrooms
-- Contemporary Villeroy and Boch style ceramic fittings
-- Large drench wall mounted shower head -- Chrome towel rail to all bathrooms and ensuites
-- Integrated ceramic floor and wall tiles
Heating
-- Panel Radiators -- Heated towel rails to all bathrooms and ensuites
Electrical & Communication -- Telephone Points to living area and principal bedroom
-- TV Points to living area and principal bedroom
-- WiFi Points -- Sky pre-wiring to all TV points -- Contemporary white switchplates and sockets
Safety and Security
-- Key card for main entrance, lift, apartment and car parking
-- CCTV Entrance system in all apartments with automated door entry
-- Manned concierge desk -- CCTV in all communal areas and car park -- Smoke detectors in all apartments and communal areas
-- Fire Alarm and Integrated Sprinkler System -- Secure parking space***
External -----
Double Glazing Parking Spaces Cycle Storage Bin Store
Landscaping
-- Hard and soft roof top landscaping with communal seating and barbecue areas
-- Extensive lawned areas with landscaped gardens set to shrubs and mature trees
Parking
-- Secure underground parking -- Two Electric Vehicles provided for the sole use of Angelgate residents to rent on an hourly/daily basis
-- Facility to charge private electric vehicles
Gymnasium -----
Cardiovascular Equipped Gym Sauna Steam Room Separate changing Facilities with showers and toilets
-- Chrome light fitting to balcony Images for Illustration purposes only
Furniture Pack The stylishly designed living areas and carefully considered external finishes within the new buildings, have been designed to compliment the rich industrial architectural style of the area. All apartments will include fully-fitted kitchens and bathrooms, flooring, fitted wardrobes for the master bedroom and high-end finishing touches. The sophisticated approach taken to design these apartments all combines together to make Angelgate a destination unrivalled anywhere else in the city.
For an additional price you can purchase a luxury furniture pack , which will include:
Living Room
Bedroom(s)
- Leather Corner Suite - Coffee Table - TV Cabinet - TV Cabinet Shelf - Rug - Lamp Shade - Vertical Blinds - Curtains - Dining Table and Chairs - Wall Art - Patio Tables and Chairs
- Double Bed - Mattress - Bedside Cabinets - Vertical Blinds - Curtains - Lamp Shade - Wall Art
Exclusive Launch Offer 1 Bed Apartment WAS £9,840
NOW - £4,794 2 Bed Apartment WAS £11,400
NOW - £5,568
Please speak to your agent for more information. Images for Illustration purposes only
Fully-fitted kitchens and high-end finishing touches combine to create a sophisticated design for these apartments
Stylishly designed living and bedroom areas
Luxury bathrooms with contemporary Villeroy and Boch style ceramic fittings
Landscaped gardens and seating areas
Fully equipped fitness suite
Complete Falkland House, Liverpool
Complete
Complete Trinity Hall, Chester
Under
Spectrum Apartments, Sheffield
Under
Construction Asquith House & Austin Hall, Leeds
Canterbury Student Village
Construction
Under
Phase 1 and 2
Complete
Waterside Court Chester
The Quadrant, Liverpool
Construction
Under
The Paramount, Liverpool
Construction
The Contractor
PHD1 Construction Ltd
www.phd1construction.com As with all their previous and current projects, Pinnacle will work with PHD1 as the building contractor for Angelgate. Buyers will benefit from a 10 year building warranty to give complete peace of mind. Completed developments include Falkland House, Trinity Hall, Waterside Court and Tallis Court. They are currently constructing 7 buildings for Pinnacle. PHD1 Construction Ltd is registered as an accredited builder and a member of the “Considerate Construction Scheme”. Their dynamic approach enables them to design, develop and deliver an outstanding product for buyers.
The Developer
Pinnacle (Angelgate) Ltd Pinnacle (Angelgate) Ltd will develop Angelgate apartments in Manchester. Pinnacle’s Julie Harvey will be the director, as per previous developments.
The Management Harper Brooks (UK) Ltd
www.harperbrooks.co.uk Harper Brooks are a nationwide lettings specialist dedicated to providing professionals services throughout the UK. With 10 years experience in the residential sector, managing hundreds of properties in the UK, Harper Brooks are well appointed to manage Angelgate. For the first 2 years, Harper Brooks, will let the units and pay the investor the agreed yield on a quarterly basis. The yield is guaranteed by the developer Pinnacle (Angelgate) Ltd. Harper Brooks duties will include:-- Providing a full tenant sourcing service, including marketing of the apartment, conducting viewings and completing all relevant paperwork, referencing and obtaining reservation deposits. -- General day-to-day lettings management including collection of rents, checking tenants in and out of the apartment ensuring a full inventory has been completed to protect the landlord (buyer). -- Maintenance and cleaning of communal areas; receptions, hallways and fitness suite. -- Maintenance and cleaning of external areas and the appearance of the building.
Disclaimer: All images and information about the development are provided as an indication of the likely style and specification of the development. These specifications are not finalised and may be subject to change. (C) Pinnacle MC Global Network Ltd