Manchester
velvet
welcome to a new class of property investment
A new benchmark IN luxury living
HiLux Apartments A new brand for a new residential market Setting a new trend in the Residential Property Investment Model, HiLux Apartments represent Daniel Johns' response to the demands of the modern high-end buyer with a unique blend of luxury & style. We see it as our mission to deliver residences that extend beyond the simple proposals of "high-quality apartments" therefore, we offer a complete environment in which to make a life. This sense of purpose cannot be found in any other build-to-rent projects. The HiLux brand is built entirely around customer satisfaction; to satisfy the evergrowing demands of high-end tenants, and take account of prevailing market trends. Within the City of Manchester, you can indulge yourself in the unrivalled
01
luxury that can only be found with HiLux Apartments. 114 bespoke apartments with convenient shops and quality restaurants on the ground floor - this 10 story building is purposely designed to satisfy the needs of the ever-growing rental generation. This is our latest trademark property investment, built on the same proven principles that made the revolutionary Regent88 and DJ Suites - a must have investment and market leaders. Daniel Johns pride itself in bringing fresh ideas to the Property Investment Market, innovations that work for both investors and end users alike.
A bespoke residential investment that guarantees high returns
03 / 04
Investment Introduction
17 / 18
Manchester businesses & reasons to invest
05 / 06
Welcome to HiLux
19 / 20
HiLux Neighbourhood
07 / 08
HiLux Development & Exterior
21 / 22
HiLux Location & Map
09 / 10
HiLux Apartments
23 / 24
Manchester Travel Map
11 / 12
Apartment Features & Demand
25 / 26
Manchester Airport & HiLux
13 / 14
HiLux Amenities
27 / 28
Floor Plans
15 / 16
Why Manchester? - An introduction to city
29 / 30
HiLux Investment 02
LUXURY RESIDENTIAL APARTMENTS IN THE EDGE OF MANCHESTER city OFFERING UP TO 12% RETURNS Minimum HiLux Apartments is located in the heart of the UK’s fastest growing "second city", where properties for young professionals are in high demand. HiLux Apartments is the only rental investment opportunity to offer inclusive personal use to its investors in the UK, enabling them to earn high yields whilst they also enjoy the cost-free stay every year, without any impact on the rentals returns.
8%
assured yields
HiLux Apartments will become the most desirable address in Manchester and will meet the evergrowing appetite of tenants in search of high-end and contemporary convenience living.
HiLux Apartments to drive strong demand among tenants while ensuring high returns for investors.
03
INVESTMENT that ticks all the right boxes for international investors
Minimum 8% Net annual returns assured for 5 years through lucrative short term rentals. Up to 12% returns achievable through a blend of short term lets, ranging from weekly to yearly lets as luxury apartment suites. Superior quality, excellent location, and 5 star amenities are among some of the beneficial qualities that no other development can match.
04
Wonderful place to work, live, shop, relax and enjoy life HiLux Apartments is a £50M unique development that serves an undersupplied market. It is unrivalled in quality and located in the heart of the UK’s fastest growing city, Manchester. The city is the second largest economy outside of London and vastly growing to be recognised as a Northern superpower.
05
welcome to hilux manchester
06
lifestyle apartments luxury connection design architecture 07
CLASSIC BOLD ARCHITECTURE MEETS MODERN VIVACIOUS DESIGN. EMBRACING THE PAST AND THE FUTURE
114 luxury apartments and penthouses equipped with contemporary fittings and style. HiLux’s luxurious apartments offer exquisite contemporary living, with a focus on quality and fine attention to detail. Residents are offered a choice of colour schemes whilst full-height windows offer an abundance of natural light.
Fusion of design and architecture, this 10 storeys development features roof top garden facing the city, offering unrivalled views and sunsets. Generous storage and parking provision allow HiLux to fit your lifestyle. On-site business centre and restaurant/bar are some of the added features. No matter what your needs may be, HiLux offers it all!
08
apartments of superior quality and Hotel-Style facilities Live the high-luxury life at HiLux, where every apartment has been carefully designed to ensure that it features only the very best contemporary furniture and fittings. 114 Luxury 1, 2, & 3 bedroom apartments & penthouses Fully furnished with leading brands including Samsung, Smeg appliances and contemporary bathroom fittings Flexible tenancy terms - a week, one or three months to drive high yield for investors 24-hour concierge, housekeeping and business centre Roof top garden, infinity pool, gym and on-site restaurant Ready to use utilities, Wi-Fi and Smart TV Stylish and spacious living spaces with modern bedrooms & bathrooms
HiLux Apartments tick all the right boxes for international investors. Earn great rentals and enjoy the cost-free stay every year without any impact on your rental returns. 09
10
designer kitchens & lounge areas built and designed to highest standard
luxury living A WORLD WHERE demand is high but SUPPLY IS LIMITED
Bespoke kitchen designs with full suite of appliances Engineered one strip dark stained oak veneer flooring. Dark grey finish to base units with white matt to upper units, all with concealed handles. Smoke grey quartz stone worktop with coloured glass splashback. Smeg stainless steel fully integrated electric appliances to include: single low level oven, 4 ring ceramic hob, cooker hood, washer/drier, dishwasher, fridge/freezer, microwave. Stainless steel bowl and a half under-mounted sink with square profile monobloc mixer tap and grooved worktop drainer.
Shaped around the “Generation Y” and the Entrepreneurs
“The luxury market pricing is not entirely internationally fueled; it also results from the spending habits of local entrepreneurs.”
85% of people in Manchester rent privately, HiLux will be targeting the UK’s private rented sector while offering one of a kind apartments.
AN INSIGHT INTO THE LUXURY RESIDENTIAL PROPERTY MARKET REPORT
In the UK average age of home ownership is 38, expected to be 41 by 2025 – making the private rental market an even more attractive opportunity.
HiLux bespoke design and luxury living is shaped around Generation Y (young professionals aged 22-38) which makes up the majority of the Manchester’s market, 4 times bigger than any other city in the UK.
STRUTT & PARKER
11
12
fusion of design and innovation: the infinity pool
Roof-top Garden
HiLux Apartments to set a benchmark in service, quality & amenities Services & Hospitality Not only is every apartment fully furnished, but each one also comes with a "HiLux Menu", from which you can choose a variety of services to help you get the most from your Manchester life. Housekeeping Weekly housekeeping brings hotel services to your doorstep. Our fast, efficient, and reliable staff members are available to come to your home at a time convenient to you, offering a wide range of domestic chores.
Gymnasium
Concierge All-inclusive five-star concierge services - 24 hours a day, 7 days a week. No request is too large, and no detail too small for our dedicated and knowledgeable staff at Hilux Apartments. Indoor dining On site restaurant & bar can serve food to your apartment. We can provide a selection of dining options to accommodate your tastes and requirements – from a romantic meal for two, to a cocktail party buffet, to a full banquet; we have culinary needs covered. Valet At Hilux Apartments, you’ll never have to worry about parking your car. Just arrive home, and we will do the rest. Let us know when you’re heading out in advance, and we’ll have your car waiting for you.
Concierge
On-site Business Centre Flexible facilities for businesses, whether you're planning a business meeting or you need some office space to finish your work, HiLux can accommodate all your business needs.
13
14
13 times faster rental growth than london
Manchester is the largest commercial finance centre outside London including venture capital and corporate finance activity. 80 of the FTSE 100 have a presence in Manchester. Manchester’s population is rising at three times the pace of the national average hence increasing the demand from professionals seeking high-end living accommodation. A £56 billion gross value added in 2015 – the largest economic area outside London.
manchester
the most desirable city to live in
15
Manchester has been announced as one of the World’s Most Livable Cities ahead of London, New York and Rome by the Economist Intelligence Unit. Manchester Airport was voted UK’s best in the "Over 6 million Passenger Category". Additionally, this airport is currently undergoing expansion, funded by£800m of Chinese investment, creating 16,000 new jobs. Prices in Manchester set to rise 26% over the next 4 years. Over £3 billion committed to major real estate infrastructure projects in Manchester over the near future.
16
MANCHESTER IS HOME TO THE WORLD’S LEADING BRANDS, ORGANISATIONS AND INVESTORS Manchester’s world-class economy, based around financial services, computing, engineering, research, broadcasting and communications, has spearheaded an extensive regeneration program over the last decade that has transformed the city. In comparison to other cities in the UK, 60% more 25 to 29 year olds live in Manchester whilst the city’s population has grown by 19% since the last census, which is almost 3 times the national average.
4
As a result, demand for rental property is rapidly increasing, aligned with the significant economic growth the city is showing. A combination of a lack of new housing supply and low-to-middle salaries becoming increasingly insufficient to secure home ownership, even amongst young professionals, buy-to-let investors can almost guarantee properties will be operating very close to full capacity.
The BBC’s recent move to Manchester marks a large-scale decentralisation from London.
The Economic and Cultural Capital of the North-West
1.
Manchester's rental returns are higher than London
Manchester has seen exceptional rental growth that surpasses London in a phenomenal manner. Rents grew 13 times faster in Manchester than London during 2013 while capital appreciation was twice as high. HSBC, the international bank, currently identifies Manchester as the UK’s best city for property investment. With average gross rental yields of almost 7%, we can safely presume Manchester is where the money is. These returns are 3% - 4% higher than that can be found in the highest yielding London properties. It’s a no brainer; Manchester is now rapidly becoming the UK’s fastest growing city and a rival to London in its own right. 17
key reasons to invest in manchester
2.
26% Capital growth every investor’s dream come true
Manchester has experienced over 21% capital appreciations over the last 18 months. The City has a growing population combined with a shrinking supply of property that will drive property prices in Manchester by 26% over the next 4 years. Manchester city is also set to be a major beneficiary of £7 billion worth of investment under the UK government’s Northern Powerhouse plans. There will be sustained rental demand in the commercial sector, forcing strong capital appreciation driven by existing companies relocating to Manchester, and new companies wishing to establish themselves here.
3.
Huge demand for high quality short-let apartments
4.
Manchester - The Economic Powerhouse of the North
Manchester is located in the heart of the UK and has over 10 million visitors each year, as per the latest reports and data. These growing visitor numbers are placing a greater emphasis on short term lettings, with occupancy rates at accommodation types such as hotels and short-let apartments hitting soaring and record high levels in May 2015.
A multi-billion-pound investment, the UK government plans to build an economic powerhouse in the North of England. Creation of enterprise zones with favorable tax conditions to encourage investment. Manchester has been identified as the core city in this scheme - integral to the Northern Powerhouse plans.
In June 2015, the demand for property with short-term lets in the UK was highest in the Northwest of England, with 43% of agents reporting a surge in interest. However, none of the current short-let apartments in the city match the quality, amenities and services offered by HiLux Apartments.
George Osborne has confirmed Manchester as the golden child of the "Northern Powerhouse" in a budget which promised lucrative devolution deals to Liverpool, Leeds, Sheffield, the Midlands and Cornwall.
18
A BRILLIANT NEIGHBOURHOOD on hilux doorsteps Manchester is home to two of the largest shopping centres in the UK, the Trafford Centre and Arndale Centre; plus, a wide range of designer boutiques, independent stores. Not to mention all the major brands: including Louis Vuitton, Burberry, Gucci, Hermes, Belstaff, Armani, Harvey Nichols and Selfridges. Manchester has over 300 restaurants serving all types of cuisines, including two Michelin starred restaurants by chefs Simon Rogan and Michael Caines ("The French" and "Abode"). Manchester House is yet another fantastic eatery, the celebrity chef Aiden Byrne's
19
Shop your heart out at designer stores and high-end fashion boutiques within the community. With every possible luxury within reach, you can look and feel great without ever leaving the neighbourhood.
restaurant. Manchester House is part of the hugely successful "Living Ventures Group", with establishments across the city including further institutions like San Carlo - providing a diverse and exciting restaurant scene. Culture and leisure run through the core of Manchester... From theatre and galleries to live music venues (including the Manchester Arena), cocktail bars, sky lounges, and award winning large and boutique hotels. Manchester is the UK's second city on many levels and a great city to visit, live or study in.
EST. 1851
MOSS BROS.
Arndale centre
TRAFFORD centre
18 minutes
25 minutes
Manchester Arndale is the UK's largest inner-city shopping centre, located in the heart of Manchester City Centre. Centre has over 240 shops and major department stores. Within a few minutes walk, Harvey Nichols, Selfridges and the Printworks Cinema (a 19-screen Odeon cinema complex); over 15 bars, restaurants and clubs, as well as the only I-MAX cinema in North West England.
The Trafford Centre is a large indoor shopping centre and leisure complex, the second largest shopping centre in the UK by retail size. Shoppers have the choice of over 200 stores along three miles of granite and marble boulevards. Stores range from designer and high fashion favourites, including the first Selfridges outside London, to stylish homewares at Barton Square.
20
2
hottest location of manchester with all the key places minutes away
3 4 5
7
1
8 10 9
6
11 12 16
2 mins Walk to Bus Service No. 59 to Rushcroft - Oldham Middleton - Manchester.
21
Manchester has an extensive bus network operated by various commercial operators providing great connectivity to trains and Metrolinks.
2 mins Walk to Metrolink Links from Newton Heath & Moston to Old Trafford, Media City UK, Salford Quays, Harbour City and Exchange Quay. ÂŁ1.5 billion was agreed for 15 transport schemes in Manchester including the Metrolink extension to Manchester Airport.
10 mins to Victoria Train Station Manchester Victoria railway station is the city's second largest mainline railway station. High Speed 2 (HS2) is a high speed rail link coming soon to Manchester that will boost economic growth and facilitate commercial opportunities for businesses across the North-West.
15
13 14
1
Etihad Stadium
08 mins
2
Manchester Arena
10 mins
3
National Football Museum
10 mins
4
Manchester Cathedral
19 mins
5
Manchester Craft & Design Centre
10 mins
6
Manchester United FC
24 mins
7
Piccadilly Gardens
12 mins
8
Manchester Town Hall
20 mins
9
Central Library
20 mins
10
Manchester Art Gallery
15 mins
11
The Manchester College
15 mins
12
University of Manchester
15 mins
13
National Computing Centre
28 mins
14
Manchester Metropolitan University
16 mins
15
First Street
16 mins
16
Manchester Central Convention Complex
20 mins
22
8 minutes to etihad stadium & under 15 minutes to chinatown from hilux apartments
Salford Quays 16 mins
Old Trafford 14 mins
Victoria 10 mins
2 mins
Manchester Airport 30 mins
MediaCityUK 19 mins
Etihad Stadium
23
24
From your doorstep to the rest of the world 30 minutes to the airport Manchester Airport is the City’s global gateway, one of Europe’s busiest Airports, handling 22 million annual passengers and connecting Manchester to 225 worldwide destinations; making it more important for trade, shipping and distribution to the rest of the UK. Manchester is truly internationally connected: the North’s only major international gateway,
providing vital transport links to the rest of the globe via Manchester Airport. Manchester Airport provides four direct flights a week to Hong Kong and 22 flights a week to Dubai, and direct flights to Abu Dhabi, New York, Beijing and Singapore from operators including Cathay Pacific, Emirates, Qatar and Etihad Airways.
most accessible city with great transport links Train Times from Manchester
Direct Flight from Manchester
London
2hrs 7mins
Abu Dhabi
7hrs 25mins
Edinburgh
3hrs 23mins
Hong Kong
11hr 40mins
Glasgow
3hrs 11mins
Beijing
12hr 25mins
Birmingham
1hr 31mins
Amsterdam
1hr 25mins
Bristol
2hrs 59mins
Brussels
1hr 30mins
Leeds
54mins
Chicago
9hrs 30mins
Liverpool
47mins
Dubai
7hrs 50mins
Sheffield
48mins
Dublin
1hr
Leicester
2hrs 2mins
Frankfurt
1hr 40mins
Cardiff
3hrs 25mins
Milan
2hrs 20mins
Cambridge
3hrs 8mins
New York
8hrs
Bradford
1hr 4mins
Paris
1hr 30mins
Glasgow
Edinburgh
Newcastle
Leeds
Manchester
one hour to london: hs2 train Currently just 2 hours to London by train – with this set to be reduced to 1 hour upon completion of the HS2 railway; connecting London, Birmingham and Manchester together. Ahead of HS2 there are also plans in place for a multibillion pound regeneration around a new look Train Station at Piccadilly. Planners view is to create a new "gateway quarter" modelled on Amsterdam and New York. 25
It’s never been more convenient to commute. London City dwellers are being more and more enticed by the idea of living at a high standard in Manchester yet still working in London. The new age of savvy trend setting professionals are thinking outside the box and utilising the opportunities and options available to them.
Liverpool
Birmingham
H
s2 London
26
HiLux offers 1, 2 & 3 bedroom apartments of bespoke design and superior quality Exquisitely designed 1, 2 & 3 bedroom apartments along with amazing penthouses; fully furnished to the highest specifications, giving a sense of home to tenants within modern settings.
ONE BEDROOM 60 SQM / 650 SQFT PENTHOUSE 112 SQM / 1208 SQFT 27
TWO BEDROOM 79 SQM / 850 SQFT
28
HILUX APARTMENTS LUCRATIVE SHORT TERM LETS, DRIVING RETURNS UP TO 12%
The only UK rental property investors can also use without impacting returns
HiLux Apartments ROI explained
As a HiLux investor, every year you can enjoy staying up to a month at a discounted rate, with no impact on your overall returns for the first 7 days.
Based on HiLux One-bedroom price of £189,900
The UK’s average rental yield is 5% HSBC named Manchester as the UK’s top property investment hotspot for investors Average annual returns in the city are around 7% gross HiLux Apartments will assure you a minimum 8% NET of all costs
One bedroom example investment and returns
The new way of rented living HiLux Apartments will offer weekly, one month, 3 months & 12 months rentals, a combination of short term and long term rentals will enable investors to achieve as high as 12% rental returns whilst having a positive impact on capital growth.
Total rental revenue = £24,650 Gross. Rental revenue is calculated using a blend of one, three and 12 month tenancies Management & Service fee = £325 p/m Total NET returns = £20,750 This works out as an 10.92% return on investment each year inclusive of the management and service fees
Through a combination of lucrative short term lets, as a HiLux investor you will realise returns that could actually exceed this, potentially achieving as much as 12%
Investors bet on build-to-let for UK’s ‘generation rent’.
Smart television
Residence security
Weekly cleaning
Pool maintenance
Weekly towels and bedding
Gym maintenance
High speed broadband
Jacuzzi maintenance
Phone line rental
Marketing of property for rentals
Buildings insurance
24 Hr Concierge service
Management of your property
Utility bills
Ground rent
Dry cleaning / laundry services
Council tax
HiLux Mobile app
By Financial Times, December 2015 Institutional investors are preparing to pour up to £50bn into homes being built for the UK’s “generation rent” over the next five years as they seek out new sources of income.
29
The rise of so-called “build-to-let” is being fuelled by a structural shift towards renting among young people in Britain, and new constraints on the more established amateur “buy-to-let” market.
This sample is indicative of the figures expected on completion in 2018. The short term lets and investment calculations are shown for investors who choose to rent through management company. Alternatively, investors can live in it themselves. There is no restriction.
30
velvet
BE THE FIRST to own it and live in it