Residential Estates Re Sale Brochure

Page 1

Re-Sale Investment Brochure


R E F

Cestria Buildings

R E

U

D N

F O

CHESTER


This fantastic property is in a great area close to the city centre and is near to Chester’s new multi £million StoryHouse theatre, cinema and library complex. There are many transport links nearby and the property is just a two minute walk from Chester’s bus interchange. This two bedroom apartment is finished beautifully with an executive style to it with high quality furnishings with two double bedrooms one including an en-suite and a second separate bathroom. The apartment also comes with an underground parking space. The apartment can be fully furnished by negotiation with current owner.

7 Cestria Building, George Street, Chester, CH1 3ER •

Furniture can be purchased by separate negotiation.

Development Completed in April 2016

Residential Development

2 Bedroom Apartment

Managed by Savills, Let by Residential Estates

Corporate Let Tenancy at £1,195pcm

Fantastic Facilities

Seventh Floor Apartment

Lease is 999 Years from 2016

Ground Rent is £250 + £100 for parking per

FULLY LET

annum

Service Charge is £1,603.30

per annum

5%

NET YIELD

PRICE: £220,000


Canterbury Halls PRESTON


Canterbury Halls is a well presented PBSA development close to the UCLAN campus in the heart of Preston, close to amenities, and is the perfect solution for students wanting independent living. Tenants benefit from a roof top garden, communal areas, cinema and gym. The apartments are provided fully furnished including a flat screen TV. Canterbury Halls is 4 storeys, and comprises of 191 self contained studio apartments. Due to its location it has been a popular choice for students since its completion. Unit 9 is a ground floor studio.

Unit 9, Canterbury Halls, 2 Garstang Road, Preston, PR1 1AL •

All utility bills and contents insurance.

Keep connected with free broadband and WiFi.

Enjoy the roof top garden

Keep fit with your own onsite gym

On-site cinema room

Stunning en-suite shower room

Luxury, stylish studio apartments

Service Charge is £1658 per annum

2 Yrs 8% Guaranteed Rent

A free flat screen TV for your enjoyment

D E E

CURRENTLY LET

R A GU

T N A

8%

NET YIELD

PRICE: £70,700


Kinetic MANCHESTER


Located within a highly desirable location in close proximity to Metrolink services, Manchester City Centre, Media City and the University Quarter. Kinetic is a 5 storey residential development setting a new standard for affordable urban living. Comprising 48 stylish studios, one and two bedroom apartments and ample parking space, design has been led with modern living in mind. Unit 514 is a one bedroom fully furnished duplex apartment located on the 5th and 6th floors of the development.

Unit 514, 88-92 Talbot Road, Stretford, Manchester, M16 0GS •

Development Completed in 2020

Available for AST’s & Short Term Lets

Fully Furnished to a Luxury Standard

Modern 1Bedrom Duplex Apartment

Located across the 5th & 6th Floors

250 year lease

Ground Rent is £180 per annum

Service Charge is £711 per annum

Fantastic Location to Media City &

Manchester City Centre •

3 Minutes walk to Old Trafford Cricket Ground

NOT CURRENTLY LET

6%

NET YIELD

PRICE: £180,000


R E F

R E

U

D N

F O

Kinetic MANCHESTER


Located within a highly desirable location in close proximity to Metrolink services, Manchester City Centre, Media City and the University Quarter. Kinetic is a 5 storey residential development setting a new standard for affordable urban living. Comprising 48 stylish studios, one and two bedroom apartments and ample parking space, design has been led with modern living in mind. Unit 304 is a one bedroom fully furnished apartment located on the 3rd floor of the development.

304, 88-92 Talbot Road, Stretford, Manchester, M16 0GS Development Completed in 2020

Fully Furnished with Modern Interiors

Fantastic Location, Ideal for Short Term Accommodation

Third Floor Apartment

3 Minutes walk to Old Trafford Cricket Ground

Rental Guarantee Option Available for 1st Year

Lease Approved for STL & AST’s

250 Year Lease

Ground Rent is £150 per annum

Service Charge is £519 per annum

NOT CURRENTLY LET

6%

NET YIELD

PRICE: £150,000


Stone Cross House BOLTON


Stone Cross House is a brand new high-spec development located within the Church Wharf regeneration area. Just 450 yards away from Bolton Town Hall and Bolton Magistrates Court this property is in a prime location for business travellers needing accommodation in the outskirts of Manchester. The apartments at Stone Cross House have been designed to maximise space and light, with impressive open plan modern living and kitchen areas. This development is providing much sought-after high end accommodation in an ideal location.

46 Stone Cross House, 21/27 Churchgate, Bolton, BL1 1YA •

Development Completed in September 2020

Short Term Lettings

Available for AST’s & Short Term Lets

Fully Furnished to a Luxury Standard

Modern 1 bedroom apartment

Third Floor Apartment

250 year lease

Ground Rent is £250 per annum

Service Charge is £60 per month

Management Company is Residential Estates

Management Fee of £60 per month

ON GOING SHORT TERM

8%

NET YIELD

PRICE: £103,500


City Suites CHESTER


City suites is a fairly new development located in Chester city centre, providing luxury apartment suites for short term lets and AST’s in the perfect location for a mix of quality & affordability. This high-specification 1 bedroom apartment is a perfect investment for an investor looking for a property producing instant income. The development could not be better located for access to everything Chester has to offer, less than 2 minutes walk to the train station, 5 minutes walk to the city centre & main shopping precincts & a 20 minutes walk to the famous Chester Racecourse.

Unit 12, City Suites, 38 City Road, Chester, CH1 3AE Furniture Pack Included

Development Completed in April 2019

Mixed use of Student, Residential & Short Term Lettings

Currently Let on AST at £650pcm

Modern One Bedroom Apartment

First Floor Apartment

8%+ NET Yields Achievable on STL Model

Ground Rent is £350 per annum

Service Charge is £560 per annum

Management Company is Residential Estates

Management Fees are 20% per booking

FULLY LET

4.2%

NET YIELD

PRICE: £145,000


Printworks SHEFFIELD


Sheffield is England’s fourth largest city, being an exciting modern destination with a thriving commercial centre that provides a vibrant lifestyle for its upwardly-mobile population. Printworks provides a luxury student accommodation option in the heart of the city centre. This 2 bedroom apartment has been finished to the highest standards with modern fittings throughout, including a bathroom suite fitted with heated towel rails. The students have access to a fully equipped gym, pool tables & common rooms making this development very ideal to students.

Apartment 3.31, Printworks, 85 Hodgson Street, Sheffield City Centre, S3 7WQ Fully Furnished

Development Completed in 2017 - Been Fully Let Since Completion

Tenanted from September 2020 at £250 per week for the full year

Rent paid from previous tenants up till August

Modern 2 Bedroom Apartment

Third Floor Apartment

192 Year Lease with a 7 Year Build Warranty

Ground Rent is £300 per annum

Service Charge is £1200 per annum

Management Fees £400 +VAT for the Year

FULLY LET

9.6%

NET YIELD

PRICE: £115,000


Printworks SHEFFIELD


Sheffield is England’s fourth largest city, being an exciting modern destination with a thriving commercial centre that provides a vibrant lifestyle for its upwardly-mobile population. Printworks provides a luxury student accommodation option in the heart of the city centre. This 2 bedroom apartment has been finished to the highest standards with modern fittings throughout, including a bathroom suite fitted with heated towel rails. The students have access to a fully equipped gym, pool tables & common rooms making this development very ideal to students.

Apartment 2.01, Printworks, 85 Hodgson Street, Sheffield City Centre, S3 7WQ •

Fully Furnished

Development Completed in 2017 - Been Fully Let Since Completion

Tenanted until September 2021 at £240 per week for the full year

Modern 2 Bedroom Apartment

Second Floor Apartment

192 Year Lease with a 7 Year Build Warranty

Ground Rent is £300 per annum

Service Charge is £1200 per annum

Management Fees £400 +VAT for the Year

FULLY LET

9.1%

NET YIELD

PRICE: £115,000


Keele House NEWCASTLE-UNDER-LYME


Keele House is a superb, high-yielding investment opportunity in the UK student accommodation sector. The development comprises 160 modern self contained studio suites, which has been completed to a high standard, and delivered fully furnished.  The development will serve the accommodation requirements of students studying at both Keele, and Staffordshire Universities. With a genuine shortage of quality self-contained accommodation in the area, Keele House is set to deliver a unique, and unrivalled option for students at an incredibly competitive price.

20 Keele House, The Medway, NewcastleUnder-Lyme, Staffordshire, ST5 1LD Fully Furnished

Development Completed in 2017 - Been Fully Let Since Completion

Tenanted from September 2021 at £140 per week until August 2022

Student Studio Apartment

Lower Ground Floor Apartment

Lease is 250 Years from 2017

Ground Rent is £350 per annum

Service Charge is £2,700 per annum

including lettings fees Managed by Urban Student Life

FULLY LET

7.23% NET YIELD

PRICE: £56,500


R E F

R E

U

D N

F O

Keele House

NEWCASTLE-UNDER-LYME


Keele House is a superb, high-yielding investment opportunity in the UK student accommodation sector. The development comprises 160 modern self contained studio suites, which has been completed to a high standard, and delivered fully furnished.  The development will serve the accommodation requirements of students studying at both Keele, and Staffordshire Universities. With a genuine shortage of quality self-contained accommodation in the area, Keele House is set to deliver a unique, and unrivalled option for students at an incredibly competitive price.

39 Keele House, The Medway, NewcastleUnder-Lyme, Staffordshire, ST5 1LD •

Fully Furnished

Development Completed in 2017 - Been Fully Let Since Completion

Student Studio Apartment

Managed by Urban Student Life

Fully Tenanted with Rental Amount is £140 per week

Ground Floor Studio Apartment

Lease is 250 Years from 2017

Ground Rent is £350 per annum

Service Charge is £2,690 per annum

FULLY LET

7.5%

NET YIELD

PRICE: £56,500


Orme House NEWCASTLE-UNDER-LYME


Orme House is a student investment opportunity in the UK Purpose Built Student Accommodation (PBSA) sector, giving investors an opportunity to purchase a fabulous income-generating asset. The development comprises 102 modern self contained one-bed studios and two-bedroom apartments, which will be complete to a high standard and will be delivered fully furnished. The development is serving the accommodation requirements of students studying at both Keele and Staffordshire Universities. With a huge shortage of quality, self-contained accommodation in the area, Orme House delivers a unique and unrivalled option for students at an incredibly competitive price.

29 Orme House, 1 Orme Road, Newcastleunder-Lyme, Staffordshire, ST5 2FB Fully Furnished

Development Completed in2019

Student Studio Apartments

Managed by Urban Student Life (USL)

Fully Tenanted at £140 per week until July 2021

First Floor Studio

Lease is 250 Years from 2018

Ground Rent is £350 per annum

Service Charge is £2,818 per annum

FULLY LET

10% GROSS RETURN

PRICE: £65,000


R E F

R E

U

D N

F O

Orme House

NEWCASTLE-UNDER-LYME


Orme House is a student investment opportunity in the UK Purpose Built Student Accommodation (PBSA) sector, giving investors an opportunity to purchase a fabulous income-generating asset. The development comprises 102 modern self contained one-bed studios and two-bedroom apartments, which will be complete to a high standard and will be delivered fully furnished. The development will serve the accommodation requirements of students studying at both Keele and Staffordshire Universities. With a huge shortage of quality, self-contained accommodation in the area, Orme House is set to deliver a unique and unrivalled option for students at an incredibly competitive price.

39 Orme House, 1 Orme Road, Newcastle under Lyme, Staffordshire, ST5 2FB •

Fully Furnished

Development Completed in 2019

Student Studio Apartment

Managed by Urban Student Life

Fully Tenanted with Rental Amount is £150 per week x 44 weeks

Ground Floor Studio Apartment

Lease is 250 Years from 2018

Ground Rent is £350 per annum

Service Charge is £1,350 per annum

FULLY LET

7.5%

NET YIELD

PRICE: £65,000


Victoria House LEEDS


Victoria House is a low entry-level resale residential investment opportunity in Leeds. It provides investors with an excellent opportunity to own a contemporary apartment within the city centre. With over 124,000 people working in the financial and business services in Leeds, it makes it the largest of any UK city outside London. This Hi-Spec fully furnished 2 bedroom apartment benefits from excellent on-site facilities including a private residents’ garden featuring comfortable outdoor seating, ping pong tables and a basketball court. The complex also has the benefit of CCTV and an on-site concierge for added security.

103, 2 Skinner Lane, Leeds, LS7 1DL Parking Space 12 Fully Furnished

Development Completed in May 2016

Residential Two Bedroom, One Bathroom Apartment

Fully Let at £700pcm until March 2022

First Floor Apartment

Lettings Fees are 7.5% +VAT - Urban Bubble

Lease is 250 Years from 2016

Ground Rent is £350 per annum

Service Charge is £963.96 per annum

Parking Space Included

FULLY LET

6.5% GROSS RETURN

PRICE: £129,950


R E F

R E

U

D N

F O

X1 Chapel Street MANCHESTER


Manchester has the UK and Europe’s largest education and university campus’ and is home to over 85,000 domestic and international students. The student population alone makes up to 14% of the total population of Manchester. Due to this, the demand for good quality student accommodation in the city is high. Boasting 100% occupancy for 2018/2019, X1 makes for a great investment for any investor looking for high returns and taking advantage of this investment type.

G-01, X1 Chapel Street, Chapel Street, Salford, M3 5JZ •

Fully Furnished

Development Completed in 2013 - Been Fully Let Since Completion

Tenanted from September 2020 at £142 per week for 48 weeks

Rent paid from previous tenants up till August

Tenanted Until August 2020

Student Double En-Suite Room

Ground Floor Apartment

Lease is 999 Years from 2013

Ground Rent is £250 per annum

Service Charge is £1924 per annum

Lettings Fees are 8% +VAT

FULLY LET

6.3%

NET YIELD

PRICE: £55,000


Sovereign House SHEFFIELD


Sovereign House is ideal for investors looking for a tenanted student property due to its prime central location. Located on Queen Street, students at Sovereign House have the city centre on their door-step. The building is just a 10-minute walk from Sheffield train station, all amenities and both universities are either a short walk or tram journey away. Student tenants at Sovereign House can enjoy the luxury accommodation on offer, with each apartment being thoroughly modern and finished to a high standard. The communal facilities on offer are also exceptional with a gymnasium, a game room, a cinema room and communal lounges available for residents to make use of.

2-10 Sovereign House, 110 Queen Street, Sheffield, S1 2DW Fully Furnished

Development Completed in 2015 - Been Fully Let Since Completion

Fully Tenanted

Studio Student Apartment

Rental Amount is £122.50 per week, x 44 weeks for Academic Year 2020-2021

Second Floor Apartment

Let by Fortis Management

Lease is 250 Years from 2015

Ground Rent is £250 per annum

Service Charge is £425.70 quarterly

Lettings Fees of £177.87 quarterly

FULLY LET

6.5% NET YIELD

PRICE: £41,500


City Suites CHESTER

SOLD


City suites is a fairly new development located in Chester city centre, providing luxury apartment suites for short term lets and AST’s in the perfect location for a mix of quality & affordability. This high-specification 1 bedroom apartment is a perfect investment for an investor looking for a property producing instant income. The development could not be better located for access to everything Chester has to offer, less than 2 minutes walk to the train station, 5 minutes walk to the city centre & main shopping precincts & a 20 minutes walk to the famous Chester Racecourse.

Unit 3, City Suites, 38 City Road, Chester, CH1 3AE Furniture Pack Included

Development Completed in April 2019

Mixed use of Student, Residential & Short Term Lettings

Available for AST’s & Short Term Lets

Modern Studio Apartment with Separate Kitchen Area

Ground Floor Apartment

9%-10% NET Yields Achievable on STL Model

Ground Rent is £350 per annum

Service Charge is £540 per annum

Management Company is Residential Estates

Management Fees are 20% per booking

ON GOING SHORT TERM

4%

NET YIELD

PRICE: £127,500


Kinetic MANCHESTER

SOLD


Located within a highly desirable location in close proximity to Metrolink services, Manchester City Centre, Media City and the University Quarter. Kinetic is a 5 storey residential development setting a new standard for affordable urban living. Comprising 48 stylish studios, one and two bedroom apartments and ample parking space, design has been led with modern living in mind. Unit 209 is a one bedroom fully furnished apartment located on the 2nd floor of the development.

Unit 209, 88-92 Talbot Road, Stretford, Manchester, M16 0GS •

Development Completed in 2020

Available for AST’s & Short Term Lets

Fully Furnished to a Luxury Standard

Modern 1 bedroom apartment

Second Floor Apartment

250 year lease

Ground Rent is £142.50 per annum

Service Charge is £513 per annum

Fantastic Location to Media City &

Manchester City Centre •

3 Minutes walk to Old Trafford Cricket Ground

NOT CURRENTLY LET

6%

NET YIELD

PRICE: £142,500


Orme House NEWCASTLE-UNDER-LYME

SOLD


Orme House is a brand new investment opportunity in the UK Purpose Built Student Accommodation (PBSA) sector, giving investors an opportunity to purchase a fabulous income-generating asset. The development comprises 102 modern self contained one-bed studios and two-bedroom apartments, which will be complete to a high standard and will be delivered fully furnished. The development will serve the accommodation requirements of students studying at both Keele and Staffordshire Universities. With a huge shortage of quality, self-contained accommodation in the area, Orme House is set to deliver a unique and unrivalled option for students at an incredibly competitive price.

96 Orme House, 1 Orme Road, Newcastle under Lyme, Staffordshire, ST5 2FB •

Fully Furnished

Development Completed in 2019

Student Studio Apartment

Managed by Homes For Students

Fully Tenanted with Rental Amount is £140 per week x 44 weeks

Tenanted until July 2021

Fourth Floor Apartment

Lease is 250 Years from 2018

Ground Rent is £350 per annum

Service Charge & Letting Fee is £1,350

FULLY LET

per annum

9.5% GROSS RETURN

PRICE: £65,000


X1 The Exchange MANCHESTER

SOLD


Comprised of 140 apartments overlooking the historic Salford Quays waterfront, X1 The Exchange brings luxury and elegance to this popular rental area. Attracting approx. 7 million visitors, at a value of around £479m, it is little wonder that Salford Quays is at the top of the list for residents seeking good quality properties, in a location that is accessible for both commuters and city centre workers alike. Built to a high standard and offering fully-furnished options, in addition to secure parking spaces, these highend apartments are certain to generate a huge amount of interest from the local rental market

3-15 X1 The Exchange , 8 Elmira Way, Salford, Manchester, M5 3NQ •

Fully Furnished

Development Completed in 2016 - Been Fully Let Since Completion

Tenanted Until July 2020

Residential Two Bedroom, Two Bathroom Apartment

Rental Amount is £950 Per Calendar Month

Third Floor Apartment

Lease is 138 Years from 2015

Ground Rent is £250 per annum

Service Charge is £1659.60

Letting fee is £1,094.40

Let by X1 Lettings charging 8% + VAT

FULLY LET

4.5%

NET YIELD

PRICE: £185,000


Keele House NEWCASTLE-UNDER-LYME

SOLD


Keele House is a superb, high-yielding investment opportunity in the UK student accommodation sector. The development comprises 160 modern self contained studio suites, which has been completed to a high standard, and delivered fully furnished.  The development will serve the accommodation requirements of students studying at both Keele, and Staffordshire Universities. With a genuine shortage of quality self-contained accommodation in the area, Keele House is set to deliver a unique, and unrivalled option for students at an incredibly competitive price.

79 Keele House, The Medway, NewcastleUnder-Lyme, Staffordshire, ST5 1LD •

Fully Furnished

Development Completed in 2017 - Been Fully Let Since Completion

Tenanted Until 23rd August 2020

Student Studio Apartment

Rental Amount is £130 per week, x 51 weeks for Academic Year 2019-2020

Second Floor Apartment

Lease is 125 Years from 2017

Ground Rent is £350 per annum

Service Charge is £2,373.51 per annum

including lettings fee of 8% + VAT, excludes insurance of £147.46

FULLY LET

6.83% NET YIELD

PRICE: £55,000


Kinnerton House Bell Meadow, Cuckoos Nest, Pulford, Chester CH4 9EP T: 01244 343 355 E: sales@residential-estates.co.uk W: www.residential-estates.co.uk


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.