Contemporary living, infused with next-generation technology comes to Manchester − the UK’s number one investment city.
Origin Homes’ flagship development, Exchange Point offers you a highperformance investment and the ultimate cosmopolitan lifestyle.
Situated in Manchester’s newest neighbourhood, an unrivalled location in the heart of the city’s central business and retail district Complete investment flexibility – buy now to live, rent or hold 147 studio, one, two and three-bedroom apartments available
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The creation of a new asset in the world’s favourite property market U K r ental prop e r t y : one of t he s t rong es t p er forming asse ts for 2 5 ye a rs 1 The UK needs more homes: 240,0002 annual new-builds just to meet demand. This figure hasn’t been met for a decade. As a result, property prices continue to rise. Due to rising prices, and a new preference towards flexibility, demand for rented accommodation has risen by 17,5003 households a month over the past decade. Home ownership is at a 30-year low4 and, by 2025, 60% of 20 to 39-year-olds will privately rent5. Combined sustainable capital growth and regular high yields have made the UK a safehaven for international investors – and Manchester in particular is attracting worldwide interest.
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UNDERPINNED BY UNDERSUPPLY: Why Manchester is the UK’s number 1 investment city M a nches ter is a cit y w he re p rop er t y ret u rn s wi ll g r ow over 1 15% faste r than t he U K a vera g e by 2 02 1 – J L L R es ide nt ial
The birthplace of the Industrial Revolution and modern-age civilization, Manchester is world-famous for historical events, ground-breaking inventions and legendary football teams and musicians. A thriving hub of professional financial and media-based industries, the city has one of the fastest growing economies in the UK. The city is home to one of the UK’s most undersupplied rental markets and a rapidly expanding young population — and demand for property continues to rise.
105,000
96,200
1.4 m illio n
Businesses6
Students7
Employees8
75% Proportion of demand housing delivery will fail to meet by 20229
Manchester city centre at night 6 7 8 9
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Invest in Manchester real estate and earn returns higher than in any other UK city CAPITAL APPRECIATION
30.8% Increase in property prices 2014 - 201610
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28.2% Price growth expected by 202111
10 JL L Nor thern England Rep or t - Februar y 2 0 1 7 11 JL L Nor thern England Rep or t - Februar y 2 01 7 12 JL L Nor thern England Rep or t - Februar y 2 0 1 7
RENTAL RETURNS
115% Price growth faster than the UK average in the next 5 years12
85% Proportion of city centre population that rents13
13 14 15 16
6% Manchester’s average rental yield. Average London yields are just 3.7%14
C BR E c om m i s s i on e d r e s e ar c h L e n dI nve s t Buy- t o - L e t I n dex S e p t 2 01 7 J L L N or t h e r n E n g lan d R e p or t - Fe br uar y 2 01 7 J L L N or t h e r n E n g lan d R e p or t - Fe br uar y 2 01 7
25.4% Increase in rent prices since 201415
20.5% Rent growth expected by 2021 — 2.9% faster than UK average16
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Victoria Exchange
Manchester Victoria: Terminus of the world’s first passenger steam railway
Victoria Exchange: One of the world’s first stations and subject of a famous L.S. Lowry painting
Linking the past, present and future Located on the historic site of Exchange Station, Embankment West is rich in heritage, an area where inventors, scientists and artists lived. Now it’s at the heart of some of the UK’s largest central business and retail districts, offering a lifestyle no other Manchester location can match.
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Chapel Street: The world’s first gas-lit road
The 1910 manufacturing site of Vimto: The beverage now has a bottler in Saudi Arabia producing over 20 million bottles a year for the GCC market
Birthplace of Prescott Joule: The scientist who discovered the first law of thermodynamics
T he lo cat ion and wider inve stme n t w i l l dr i ve ren tal premiums and capital g r ow th ahe ad of the alre ady s trong Manche ste r mar ke t
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2
4 7
E mb a nkm e nt We st
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THE CENTRE OF CITY LIVING - MANCHESTER’S CENTRAL BUSINESS DISTRICT
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The Printworks: Historic redevelopment housing over 20 commercial tenants is now central to Manchester’s entertainment scene: Sir Alex Ferguson, Lionel Richie, Kylie Minogue, David Beckham and Will Smith have all appeared here
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Spinningfields: The city’s financial core, home to various multinational banks and insurance houses
1 3 5
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The National Football Museum: The region’s most popular attraction
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The Manchester Arena: The third busiest indoor arena in the world17
Manchester Cathedral: Hosts a wide range of cultural and musical events
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100 and 101 Embankment: A new office complex comprised of 5,200 employees18 The £13.3 million Embankment Square: One of Manchester’s most central public spaces
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World famous stores Including Harvey Nichols, Selfridges and Louis Vuitton
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E xc h a ng e Po i nt
L a u r e nc e Pla c e C i t y S ui t e s 2 C it yS u ites
Emb a nk ment West
The centre of Manchester’s future 13
Prominent developers are investing hundreds of millions of pounds in this scheme. The private investment is
backed by the city council, whose masterplan promises the creation of 21,000 new jobs19, while an additional ÂŁ20 million investment in the medieval quarter will increase visitor numbers by up to 20%20.
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W e don’t jus t c r e a t e b u i l d i n g s an d i n v es t ment o p p o r t u n i t i e s . We c hange c it ies , m a s t e r p l a n n i n g n ew n eighbourh o o d s .
Vita Student Village York
City dwellers enjoying the outdoors at First Street, Manchester
We’ve masterplanned mixed use schemes into thriving communities: First Street has fast become one of Manchester’s most popular mixed-use schemes; a go-to neighbourhood to eat, socialise and relax with friends Joint venture masterplanned mixed-used schemes under our guidance have secured £750 million in funding21 – the largest deal of its kind outside of London Created a 6-acre community of 600 international students in a UK-first student village
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Students enjoying communal facilities at Vita Student Village York
S ourcing the UK’s finest prop er t y opp or tunit ies We create extremely successful property brands, designed specifically to appeal to undersupplied markets. Now we’ve created Origin Homes. Designed for the traditional private rented sector - the UK’s largest market segment - Origin Homes combines the highest quality accommodation with unrivalled locations to deliver a superior city living experience. Exchange Point is the flagship development. Unlike our other fully managed brands, with Origin Homes investors have the flexibility to let the property out as an additional source of high income, or occupy it themselves. An easily rentable, sellable and financeable asset, Exchange Point has mass appeal among first-time buyers, short-term renters and city dwellers, meaning investors can exit for strong capital appreciation in addition to accumulated rental returns.
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We’ve a ime d to m i t i ga te i nvestme nt r isk and max im ise t he p o tent i a l for ca p ita l growt h a nd re n ta l r et u r n s . CITY CENTRE LOCATION: Manchester’s attractions are on the doorstep of Exchange Point. Residents will enjoy convenience and a premium lifestyle.
QUALITY ASSURANCE: Origin Homes benefits from the extensive experience our designers and architects have brought to our other award-winning properties.
OPTION TO MORTGAGE: Enjoy Origin Homes’ flexible purchase options. Choose between purchasing either directly outright, or with a mortgage.
OPTION TO MANAGE: While on-site management and building maintenance is integral of all our brands, Origin Homes offers several rental management options. Like traditional rental properties, you can let Exchange Point personally. However, if this isn’t viable, our expert rental team can manage and tenant it, enabling a fully hands-off investment. We have vast experience driving rental premiums across Manchester. Alternatively, you can utilise the services of any third party you wish.
STARTING WITH THE FLAGSHIP ORIGIN RESIDENCE Mo dern living inspire d by r i c h lo ca l hi s tor y As one of the most prominent buildings in Manchester’s most important location, Exchange Point architects have delivered a modern, technology-enabled development that draws on the site’s significant past. The Exchange Point name directly references Exchange train station, and the former landmark has inspired the design of the building with properties romantically stacked luggage-like across 17 storeys.
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The fi ne st sp e c i fi ca t i o n s City living that sets new standards. Apartments at Laurence Place boast contemporary finishes and touchpoints that will demand attention from Manchester’s tenant market: Kitchens with high-quality laminate worktops Doors with soft close hinges and drawer runners Premium Zanussi kitchen appliances Bathrooms with heated chrome towel rails and Grohe tapware Vinyl flooring throughout
C AP I TAL
A 5-YEAR ROI OF 97.6% As it is located in the prime location of the UK’s investment capital, if used for pure investment purposes, Exchange Point is forecast to achieve much higher returns than the market average.
HA S SLE- FR E E E X P E RT L E T T IN GS O P T IO N We can let and maintain the properties on your behalf. Expert hospitality professionals across our other brands have helped deliver year-on-year yield growth for our existing investors and it is a service that is especially useful to overseas investors. Full investor benefits: Maintenance of apartment All costs associated with marketing and letting properties included The management of tenants and their payments Furniture packs available 3 months prior to completion
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G R O S S R E N TAL ( % ) *
R E N TAL I N CO M E ( £)
5
6. 0
15 , 000
2 88, 7 5 0
5
6. 3
15 , 7 5 0
YE AR 3
3 03 , 1 88
5
6. 6
16 , 5 00
YE AR 4
3 1 8, 3 4 7
5
6. 9
17, 2 5 0
YE AR 5
3 3 4 , 2 64
5
7. 3
18 , 2 5 0
TOTAL AP P R E C IAT I O N:
84 , 264
TOTAL R E N T:
82 , 7 5 0
TOTAL R E T U R N:
1 67, 0 1 4
ROI
66. 8%
G R O S S R E N TAL ( % ) *
R E N TAL I N CO M E ( £)
CO N S E RVAT IVE
P R I C E (£)
AP P R E C IAT I O N (%)
P R E - CO M P L E T I O N
250,000
10
YE AR 1
275,000
YE AR 2
* B as e d on or ig inal p u r c has e p r ic e
C AP I TAL PREDICTED
P R I C E (£)
AP P R E C IAT I O N (%)
P R E - CO M P L E T I O N
250,000
20
YE AR 1
300,000
7
7. 0
17, 5 00
YE AR 2
321,000
7
7. 5
18 , 7 5 0
YE AR 3
3 4 3 , 4 70
7
8. 0
2 0, 000
YE AR 4
3 67, 51 3
7
8. 6
2 1, 5 00
YE AR 5
3 93 , 2 3 9
7
9. 2
2 3 , 000
TOTAL AP P R E C IAT I O N:
1 4 3 , 23 9
TOTAL R E N T:
100,750
TOTAL R E T U R N:
24 3 , 989
ROI
97. 6%
G R O S S R E N TAL ( % ) *
R E N TAL I N CO M E ( £)
* B as e d on or ig inal p u r c has e p r ic e
C AP I TAL P O S I T IVE
P R I C E (£)
AP P R E C IAT I O N (%)
P R E - CO M P L E T I O N
250,000
30
YE AR 1
325,000
10
8. 0
2 0, 000
YE AR 2
3 5 7, 5 0 0
10
8. 8
2 2 , 000
YE AR 3
3 93 , 2 5 0
10
9. 7
24 , 2 5 0
YE AR 4
432,575
10
10.6
2 6 , 5 00
YE AR 5
4 7 5 , 83 3
10
11.7
29,250
TOTAL AP P R E C IAT I O N:
225 , 83 3
TOTAL R E N T:
122,000
TOTAL R E T U R N:
3 4 7, 83 3
ROI
1 3 9. 1 %
* B as e d on or ig inal p u r c has e p r ic e
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