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A UNIQUE INVESTMENT OPPORTUNITY
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CONTENTS 4_ Welcome
11_ The Manchester Property Market
5_ Introduction To Manchester
13_ The Development
6_ A Business Destination
15_ Location
7_ A Connected City
17_ Plans
9_ A Centre For Education
30_ Renaker Build
10_ Lifestyle
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WELCOME TO WILBURN ST BASIN Wilburn Basin is a brand-new residence sited around the historic River Irwell Basin and offers an attractive waterside setting to residents in the city centre within a short walking distance of the central business district and its amenities. Wilburn Basin comprises four distinct blocks varying in height from 8 to 21 storeys which offer fantastic views across the city. All apartments are built to a high specification with Porcelanosa kitchens and Villeroy and Boch Sanitaryware.
Duplex Penthouses on the upper floors include private roof terraces. Residents’ Facilities, including gym, cinema, residents’ lounge and meeting rooms. A ‘boutique’ hotel style reception, 24 / 7 concierge, architecturally landscaped gardens and seating areas around the River Basin provide a desirable place to live, work and play. Phase 1 of this prestigious scheme is now build complete and is sold. Phase 2 and the overall project completion is scheduled for the summer of 2017.
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INTRODUCTION TO MANCHESTER Manchester is known as the “Second City” in England, a truly international destination, a vibrant city boasting diversity and opportunity with ambitious plans for the future. --
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Manchester has a population of 2.8 million people and is predicted to increase by 19.7% over 13 years 40% of the city’s population are aged between 18-35 with a third employed in the financial or business services sector 80 of the FTSE 100 companies are located in Manchester With a wealth of heritage, culture and attractions Manchester is the most visited city in England outside of London Manchester has an awardwinning airport with a recent £800 million investment creating the Airport City Enterprise
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Manchester has a fantastic transport network including one of Europe’s best metro systems Recognised for excellence Manchester’s universities collectively have the largest student population in Europe Manchester is home to two premier football clubs, Manchester United and Manchester City Manchester offers an unrivalled selection of international retail brands and is home to the second largest shopping mall in the UK
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A BUSINESS DESTINATION Manchester is the economic engine of the North West and the regional centre for finance, commerce, retail, culture and leisure. Firmly established as the UK’S second City for business and investment, Manchester is attracting more direct foreign investment than anywhere in else in the UK outside London. ---
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Over 2,000 foreign owned companies across Greater Manchester 5.4% per annum growth in private sector office jobs over the last 5 years (London 3.8%) Forecast 3.5% GDP growth per annum to 2024 (UK 2.8%, Globally 2.5%) £57billion GVA – forecast to grow by 32% over the next decade
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Over 15,500 new city centre jobs forecast by 2024 Noma – £800M Media City – £650M Airport City – £800M Spinningfields – £1.5billion Manchester Life – £1.0billion+
LARGEST
REGIONAL ECONOMY
350,000 EMPLOYEES
350,000 employees in the city
Largest regional economy in the UK, equal to that of Leeds, Liverpool and Sheffield combined
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A CONNECTED CITY As Manchester’s reputation as an international destination grows, investment in the transport infrastructure is improving connectivity locally, nationally and globally. INTERNATIONALLY -- UK’s 3rd busiest airport -- Over 200 international destinations -- Over 22 million passengers in 2014 -- Year on year growth of 7.4% -- £800m investment in Airport City creating 5 million sqft of new business space NATIONALLY -- Key transport hub for Northwest England -- Direct rail connections to key Northern business centres -- Regular, direct rail connections to London in circa 2 hours -- £43billion proposed investment in HS2
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MILLION PASSENGERS
Manchester airport handles 20 million passengers per year and offers direct flights to over 200 destinations worldwide
LOCALLY -- Excellent local transport infrastructure -- Currently undergoing a £2.1billion investment programme -- Upgrading and expanding existing Metrolink and rail services – creating 40,000 jobs and boosting the local economy by £5.5billion -- 55,000 passengers using the Metrolink each day
2 HOURS
TO LONDON
Direct trains take just two hours to reach London
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University of Salford
Manchester Arena
Salford Cresent
Victoria
A6 04
SALFORD
2
A6
A6
M602
2
Central Shopping District
Salford Central
Spinningfields
Northern Quarter
MANCHESTER
3
ABERDEEN
Chinatown A57
SALFORD QUAYS
TRAFFORD RD
MediaCityUK
Regents Park
GLASGOW
Hilton
Castlefield
CARLISLE
Deansgate
6
Oxford Road
A6
A5 7
LEEDS
R OO
TOKYO 13h 5min
MANCHESTER SHEFFIELD LIVERPOOL
K
45min
ST
D E SS R
Manchester Universities
55min DUBLIN
BR
PRINC
To Manchester Airport
BELFAST
PE
Manchester Aquatics Centre
NEW YORK 8h
UP
A5
Old Trafford
EDINBURGH
Piccadilly
BIRMINGHAM 1h 30min
CAMBRIDGE 55min LONDON
CARDIFF
BRISTOL 2h 10min
DOVER
EXETER
PARIS 1h 25min MADRID 2h 40min
Please note that all travel times are approximate and could be affected by matters such as weather, rail, air time tables and road conditions.
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A CENTRE FOR EDUCATION
Manchester has long been known as a centre of excellence for education and has the largest student population in Europe with around 105,000 students split predominantly between Manchester University, Manchester Metropolitan and Salford University. Of these, some 11,500 are international students representing around 180 different countries.
The University of Manchester is home to the ground-breaking National Graphene Institute and boats 25 Nobel laureates among its current and former staff and students, whilst MMU has the largest campus-based undergraduate population in the UK. The success of the Universities has led to significant investment in business sectors that create graduate opportunities and following graduation around 70% of MMU graduates remain in the region. This has helped boost the growth of the city’s 20-25 demographic by 40% since 2001.
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LIFESTYLE CULTURE - LEISURE - NIGHTLIFE Manchester has a unique take on life and the city’s thriving leisure scene has helped make the city an international destination. Figures issued by Visit Britain showed 988,000 overseas visitors to Manchester last year, a figure surpassed only by Edinburgh and London.
Providing visitors and residents alike with a variety of museums, galleries and music venues plus more than 300 city centre restaurants led by Michelin starred chefs such as Aiden Byrne, Michael Caines and Simon Rogan it’s easy to see what makes Manchester such an attractive city to live in.
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THE MANCHESTER PROPERTY MARKET Manchester will become the fastest growing city outside of the south of England over the next three years, according to a report last year by Ernst Young. Manchester’s gross value added (GVA) is forecast to grow by 73% (averaging 3.7% pa) between 2014 and 2034, outpacing the projected wider regional growth over the period. Sales Market
£150k 1 Bed
Rental Market
£230k 2 Bed
Average
£875pcm 1 Bed
£1,100pcm 2 Bed
Average
£190k 1 Bed
£325k 2 Bed
£1,100pcm 1 Bed
Prime
Prime
Price Growth
Rental Growth
£1,600pcm 2 Bed
2014
6.3%
2014
10.0%
2015
9.5%
2015
8.5%
2016
15.0%
2016
6.9%
(source JLL)
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A growing number of people are choosing to live in Manchester, with the population rising over threefold from 7,000 in 2001 to 25,000 in 2016. This trend is set to continue as the Northern Powerhouse gathers momentum with an anticipated 50,000 new homes needed to match the growth of the city by 2040. Despite demand, supply of homes so far in the regional centre has been slow,
particularly since the global recession and given the size of the city. At current levels it is anticipated that supply will struggle to keep pace with future demand. Current gross yields are higher than in most other large cities in the UK and considerably better than those in London. Rental growth prospects are also strong given the anticipated population growth and future lack of supply.
Manchester House Price Forecasts % change pa
2017-2021
28.2% 7%
2017
6.5% 2018
3.5% 2019
4% 2020
4.5% 2021
Manchester Rental Growth Forecasts % change pa
2017-2021
20.5% 3%
2017
3.5% 2018
4% 2019
4% 2020
4.5% 2021
(source JLL)
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THE DEVELOPMENT
Wilburn Street Basin offers an unrivalled opportunity to provide a high quality, riverside community within walking distance of Manchester’s central business district and its excellent array of shops and leisure facilities. When complete, the development will offer accommodation in four distinct buildings, ranging in height from eight to twenty one storeys, setting a new benchmark for combining city centre living with high quality facilities and private amenity space.
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24 Hour concierge Landscaped gardens & courtyard Secure parking Fitness centre Cinema room CCTV Key card security entrance Communal wifi Outdoor garden seating Prime riverfront location On-site retail store
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SITE PLAN
L SAL ORD
E
LAN
CK BLO
B
BL O
C
K
A
BLOCK C
BLOCK D
IT
Y
W AY
RIVER IRWELL
TR IN
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LOCATION
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Piccadilly Station Piccadilly Gardens Hilton
Town Hall
Universities Manchester Central Great Northern
Spinningfields
Deansgate Station Metrolink
Old Granada Studios MOSI
Castlefield
Middlewood Locks
Regents Park
MediaCityUK, Salford Quays
Sainsbury’s
Manchester United FC
RO AD CEETH AM HIL L
OR AT IO NS T
CO RP
VIC
D SA LL O R
A RO
CR OS SS T
Deansgate
ROAD
ROA D
TRAFFO RD
P CK STO
ST
D ROA
Manchester University
K OO
AD RO
BR
CH
R TE ES
N
Y WA
R
CHE
AY W
Manchester University
PE
Old Trafford (Manchester United FC)
ER AT EW I DG R B
ST
UP
WAY
RD
MANCUNIA
HYD E RD
OR TR D
ORDSALL
Exchange Quay
Manchester Metropolitan University
D
WH ARF
FIELD S T
DR
Manchester Ship Canal
Piccadilly
ST
Oxford Road
T
Cornbrook
N
T DS AR LL PO
Manchester University
R FO OX
R TE ES CH
A TL R
A N C
ET
WHITWORT H ST W E
D
GR EA T
Piccadilly Gdns
D
ST W AT ER
A6 04 2
AN SGA TE
Hilton
Castlefield
PO
AD RO
ST RE ET
T
CE SS
EET
D
M HA LD O
TS
Chinatown
IN
SW AN
A RO
Northern Quarter
Manchester Arndale
Market St
St Peters PET ER STR Sq
LA
NE
Castlefield
DE
RO AD
AN E
N WAY BIO AL
OL DF IEL D
ET
Shudehill
RKE
PR
RO
ST
RE ST RD FO OX
TH LAN SOU GWOR THY R D
QU AY STR E
LE R
Printworks
T EE R ST
AD RO AMS AD ON
Spinningfields
REE K ST M E D LOC
WAY
National Football Museum
LE
LY DIL CA PIC
T EE
EU ROPA
E
T
Museum of Science & Industry LIV ER PO OL RO AD
OAD
Lowry Outlet
TR
DA CH
S AT O
G
R EE
M IL
MA
ID
DAN IEL
ET RE ST E AP
LS
BR
ENT R
ST
R ST
LIVE RPO OL R OAD
RE G
Salford Central
Greengate
Victoria T EE
Lowry Hotel
REET CHAPEL ST
AYS QU
Pomona Bridgewater Canal
Y WA
CH
ROAD
WHA RFSI D E
RS
L EL
E TH
FR IA
ITY IN TR
Ordsall
TRA FFO RD
WAY
BL AC K
CHORLTON
VI LLAGE
IWM North
ET RE ST
W IR
Park
University of Salford CR ES CE NT
ROAD
Lowry
Salford Crescent
T RAFFORD
ITV Studios
S
K IL
ADELPHI STREET
ROAD
AD O
TH
MediaCityUK
ET RE ST
LANGWORTHY
JA
W AY
River Irwell
AD RO
ANE EL ST EA W
T
582m B 770m 936m 984m 876m 1.45km 1.88km Salford 2.00km 891m 1.78km 2.88km 4.20km 1.80km 5.50km 2.20km 1.70km 12.9km
IE UC
Pendleton
Museum of Science and Industry Spinningfields Salford Central station Salford Shopping University of Salford Seedly Centre Deansgate station Oxford Road station Manchester Arndale Centre Manchester University Weaste Manchester Opera House MES CORB ET T The Printworks RD ECCL Weaste E S NE W RO Langworthy AD Manchester Royal Infirmary Manchester City Football Club MediaCityUK Intu Trafford Centre BROADWAY BR Manchester United Football Club AY Chinatown Wdistrict S Manchester Airport MediaCityUK UAY EQ
CRO SS L
D ROAD
N LA NE
TO R I A S T
BR
TO N
ICK ER ED FR
GH OU
BRO UGH TO
TD EA GR
ECCLE S OL
GREAT COWES STREET
Lower Broughton
AD RO
AD RO
LOCATION LL WE OM RD CR
T
W NE RY BU
ST RE E
RD
BR O AD
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WILBURN ST BASIN APARTMENTS
ORD ETF STR
D ROA
Hulme
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FLOORPLANS BLOCK B - GROUND FLOOR
KEY 1 bed apartment 2 bed apartment Front of house Back of house Service/ utility Meeting rooms
BLOCK B - FIRST FLOOR
Cinema room
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BLOCK C - GROUND FLOOR
KEY 2 bed apartment 3 bed apartment Commercial
Gymnasium
BLOCK C - FIRST FLOOR
WILBURN ST BASIN APARTMENTS
BLOCK C - SECOND FLOOR
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KEY 1 bed apartment 2 bed apartment 3 bed apartment
BLOCK C - THIRD FLOOR
BLOCK C - FOURTH FLOOR
WILBURN ST BASIN APARTMENTS
BLOCK C - FIFTH FLOOR
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TYPICAL UNIT LAYOUT 1 bed
2 bed
BLOCK C - SIXTH FLOOR
3 bed
BLOCK C - SEVENTH FLOOR
WILBURN ST BASIN APARTMENTS
BLOCK D - LOWER GROUND FLOOR
BLOCK D - GROUND FLOOR
Apartments For Sale
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WILBURN ST BASIN APARTMENTS
BLOCK D - FIRST FLOOR
BLOCK D - SECOND FLOOR
BLOCK D - THIRD FLOOR
Apartments For Sale
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WILBURN ST BASIN APARTMENTS
BLOCK D - FOURTH FLOOR
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KEY 1 bed apartment 2 bed apartment 3 bed apartment
BLOCK D - FIFTH FLOOR
BLOCK D - SIXTH FLOOR
WILBURN ST BASIN APARTMENTS
BLOCK D - SEVENTH FLOOR
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TYPICAL UNIT LAYOUT 1 bed
2 bed
BLOCK D - EIGHTH FLOOR
3 bed
BLOCK D - NINETH FLOOR
WILBURN ST BASIN APARTMENTS
BLOCK D - TENTH FLOOR
BLOCK D - PENTHOUSE
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SPECIFICATION INTERNAL FINISHES -- Walnut veneer apartment entrance and internal doors -- Chrome ironmongery -- Satinwood finish to internal skirtings and architraves -- White emulsion to walls with feature wall in living areas and bedrooms FLOORING -- Walnut laminate to hallways and living areas -- Carpets to bedrooms -- Tiling to bathrooms and en-suites -- (Carpet to upper level living areas and stairs in duplex penthouses) KITCHENS -- Porcelanosa fitted kitchens in a range of finishes -- Handleless door and drawer fronts -- Square-edged work surfaces with matching, full-height splashbacks -- Integrated Smeg (or equivalent) electric oven, ceramic hob and concealed hood -- Integrated fridge-freezer and automatic dishwasher -- Stainless steel 11/2 bowl sink unit with Hansgrohe mixer tap -- Under unit lighting
BATHROOMS & EN-SUITES -- Villeroy & Boch sanitaryware with concealed cistern WCs -- Kaldewei steel baths -- Hansgrohe brassware -- Rainhead shower to en-suites -- Glazed shower screens -- Tiled walls incorporating feature wall -- Full height/width mirror above vanity shelves ELECTRICAL & COMMUNICATION -- LED downlights to hallways, living areas, bathrooms and en-suites -- Pendant light fittings to bedrooms -- Provision for BT, Sky HD and Virgin Media to living areas and bedrooms (not BT) -- Dedicated Hyperoptic, fibreoptic internet provision -- Brushed nickel sockets and switches HEATING -- Adax Neo slim-line electric panel heaters with central timer -- Chrome towel rails to bathrooms and en-suites
SAFETY & SECURITY -- Secure residents’ entrances -- Automated door entry system -- Smoke detectors to kitchens and entrance halls -- Sprinkler system -- Concierge facilities 24/7 EXTERNAL -- Double glazed windows -- Double glazed doors to private roof terraces (Penthouses only) -- Allocated car parking spaces (optional)
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RENAKER CITY LIVING As part of our ongoing commitment to our investors, we have teamed up with two of Manchester’s leading letting agencies, The Phillip James Partnership and Reside Manchester. Both firms have prominent high street offices located on Deansgate in the very heart of the city centre and offer an unrivalled level of service for landlords.
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The full letting and management service includes:
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Fully market your apartment and finding you a suitable tenant at the best possible rent in the current prevailing market conditions
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Philip James philipjames.co.uk 0161 828 8200 rob.cuffe@philipjames.co.uk
Carrying out credit checks and fully referencing your prospective tenants, (and guarantors), and providing you with the reports for your approval Drawing up the Assured Shorthold Tenancy Agreement and other associated paperwork for the term of your agreed tenancy Checking the tenant into your property Mid-term inspections of your apartment during the tenancy period Providing a full Home Condition Report & Inventory (this can be
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organised at an extra cost) Tenant check-in and check-out Rent Collection Rent Reviews Lease Renewals Organising routine repairs and maintenance Providing an EPC and guidance on current safety regulations (gas/electrical safety certificates can be organised at an extra cost) Managing the utility suppliers Providing quotations for Rent Guarantee & Legal Expenses Insurance
Reside Manchester residemanchester.com 0161 837 2840 anthony@residemanchester.com
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RENAKER BUILD Renaker is now firmly established as the North West’s leading property developer with a proven track record in design, build and delivery with around 1600 new homes currently under construction.
CAMBRIDGE STREET Manchester
GREENGATE Manchester
ROYAL MILLS Redhill Street, Ancoats
ALTO Sillavan Way, Salford
We believe that for the business to be successful, we must operate in a forward thinking manner, be responsive to change and to be able to act quickly. Throughout the business, we adopt a “can do” attitude delivering sustainable new communities in an enthusiastic and efficient manner. Sustainability is always a key consideration and, from the early stages of the planning process, we ensure that longevity is built in, meeting not just the needs of today but the demands of tomorrow. We deliver what we promise.
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wilburnbasin.com All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means without prior written consent of WB Developments and Renaker Build. It is based on material that we believe to be reliable. Whilst every effort has been made to ensure its accuracy, we cannot offer any warranty that it contains no factual errors. No liability for negligence or otherwise is assumed by WB Developments or Renaker Build for any loss or damage suffered by any party resulting from their use of this publication. All photography and illustrations are representative only. Images and floor plans are indicative of the current design intent. Actual, detailed design may be subject to change as the construction process advances. The dimensions indicated are approximate. The particulars are set out as a general guideline only for the guidance of intended purchasers and do not form part of any offer or contract. The Developer reserves the right to alter any part of the development, specification or floor layout at any time and without notice. Design by drumbeaters.co.uk.
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