5: Overview 6: Investment Options 7: X The Gateway 8-9: Site Map 0- Floor Plan -3: X in Salford Quays 4-5: Buy-to-let in the North West 6-7: City Map 8-9: Greater Manchester - Rail link 0-: Developer Profile -3: Previous Developments 4: Q&A 5: Next Steps Welcome to the latest addition to Salford s prospering buy-to-let market: X The Gateway. With a sleek, modern design, a luxurious finish and set in a desirable location; this new residential development raises the bar when it comes to providing future tenants with a firstclass cosmopolitan living experience. Whilst X The Gateway is a dream for residents, it presents itself as a remarkable investment opportunity for investors too as they can expect returns as high as 6% NET. As property prices continue to soar, investors are set to see their investment appreciate over time thanks to the supply/demand imbalance currently dominating the market across the UK. The images provided in this document are intended as a guide and could be subject to change 3
4 A total of 9 stunning apartments on offer Large and beds available from 5,000 Located between Manchester City Centre and Salford Quays Waterfront views Situated in a prime residential area Expected NET returns of 6% Short walk to transport links, including Salford Quays tram stop Within easy walking distance of MediaCityUK Let and managed by X Lettings Built by experienced and award-winning developer X Any financial information provided in this document is intended as a guide and does not constitute a contract. 5
S Studio apartments from: 00,000 Bedroom apartments from: 5,000 6 Situated in the heart of the Quays, this prime residential development brings a mixture of 9 stunning and bedroom apartments to market. All residential units are finished to the highest of standards, creating an almost hotel-like living experience for its tenants. Residents of X The Gateway can enjoy the stylish design of the development as well as picturesque waterfront views. Additionally, X The Gateway provides private landscaped gardens on the first floor for the residents to relax in, along with secure bicycle storage and car parking. Bedroom apartments from: 40,000 The images provided in this document are intended as a guide and could be subject to change The location of X The Gateway is absolutely ideal: It neighbours directly with Salford Quays and all its attractions; such as MediaCityUK, the Imperial War Museum, the Lowry Outlet and the Lowry Theatre, in addition to the area s many bars and restaurants. Within close proximity one can also find the home of Manchester United, the city s famous Football Club and numerous tram and bus stops to connect residents directly to Manchester s thriving city centre. 7
Elmira Way Example plan of the 7th floor layout X The Gateway has a host of on-site amenities, including a private gym, stunning outdoor communal areas and parking available. This development comprises 9 apartments, divided as follows: S Studio Apartments x -Bed Apartments x 86 -Bed Apartments x 04 N Archie Street Footpath Footpath Footpath 35 metres Grocery Shop 35 metres Cash Machine 50 metres Bus Station 60 metres Tram Link 8 * All plans are based on concepts provided by the developer, are indicative only and are subject to change. Trafford Road 9
Kitchen Balcony Master Bedroom Living Room Kitchen/Dining Storage Bedroom Balcony Entrance En-suite Bathroom Bedroom Living Room Bathroom Bathroom Storage Entrance 0 * All plans are based on concepts provided by the developer, are indicative only and are subject to change. * All plans are based on concepts provided by the developer, are indicative only and are subject to change.
X Media City Tower Sold Out - In Construction X Media City Tower Sold Out - In Construction X The Exchange Sold Out - In Construction X IN SALFORD QUAYS X The Gateway is situated right in the heart of Salford Quays, overlooking the area s stunning waterfront. This development neighbours four incredibly successful soldout projects built as a joint venture between Knight Knox and X; 3 Completed and fully tenanted X Salford Quays Phases and Currently in construction X Salford Quays Phase 3 and X The Exchange. 6 The success of these highly sought-after developments is testament to the triumph of Salford Quays as a prime residential area. Since the creation of MediaCityUK (Europe s leading digital hub), the city of Salford has seen an upsurge in businesses, young professionals and therefore demand for rental accommodation as more and more people are looking to live and work in such a vibrant area. 3 4 5 X Salford Quays Phase X Salford Quays Phase X Salford Quays Phase 3 Sold Out - Tenanted Sold Out - Tenanted Sold Out - In Construction 4 5 6 3
Manchester is a top UK retail destination the city was recently ranked the most popular shopping destination outside London, with shops in Manchester City Centre amassing a huge 90m in retail revenue in 04 alone. HOUSE PRICES IN THE NORTH WEST ARE PREDICTED TO GROW 6% IN 06 The popularity of the North West skyrocketed with the creation of MediaCityUK, a multi-million-pound media hub in Salford Quays that is now home to broadcasters BBC and ITV, the University of Salford and a piazza larger than London s Trafalgar Square. NORTH WEST YIELDS 7.% IN APRIL 05, THE HIGHEST IN THE COUNTRY RICS 05 LSL 05 Experts have estimated that the UK buy-to-let market is now worth a staggering tr, an all-time high for the sector. Whilst overall the sector is going from strength to strength, a few trends are becoming more and more prominent: According to the English Housing Survey, the property market in London is declining, as major regional cities in the North West such as Greater Manchester are seeing a sharp increase in activity levels. Tenants and investors alike are increasingly seeing the uncapped potential in the Greater Manchester region with the city of Salford seen as one of the region s standout successes. high property and rental prices in London, the North West of the country is seeing an increase in businesses relocating, an ever-growing population size and a property market that is more buoyant than ever before. Savvy investors are aware that market conditions in this part of the country are incredibly favourable, especially in the wake of increasing investment into regeneration projects such as the bn Manchester Devolution Deal and the HS High Speed Rail Network, making the North West an excellent location for buy-to-let investments. Manchester is also famous for its sporting prowess home to two of the largest football clubs in the world, it is unsurprising that ESPN named Manchester the UK s Greatest Sporting City in 05. One of the jewels in Manchester s crown is the Metrolink system, the largest light rail transport system in the UK. Metrolink has 93 stops across 7 lines travelling the length and breadth of Greater Manchester, with a total of 3.m passengers using the system last year. LSL reported that gross rental yields across the country stood at an average of 5.% in April 05, but over the same period investors into the North West received returns as high as 7.% - % above the UK average. With an increasing number of people, in particular young professionals, flocking away from the extremely SALFORD IS A KEY GROWTH AREA MEN, 05 4 5
6 MediaCityUK Europe s first bespoke media hub The Lowry Theatre Acclaimed theatre in Salford Quays Old Trafford Football Ground Home of Manchester United Beetham Tower Iconic landmark on the Manchester Skyline 5 3 4 THE CITY OF SALFORD 4 7 9 8 Manchester Spinningfields Manchester s financial district The Arndale Centre Premier retail complex Manchester Central,000 capacity exhibition centre Manchester University The city s famous university Manchester Piccadilly Manchester s largest train station 3 THE CITY OF MANCHESTER 5 6 7 8 9 3.7 miles 6 The images provided in this document are intended as a guide and could be subject to change 7
MediaCityUK Harbour City St Peter s Square min min Manchester Piccadilly min 3 min min min Deansgate Anchorage Salford Quays Cornbrook hr 8mins 60 metres min min MediaCityUK The Lowry Theatre Old Trafford Football Ground Beetham Tower Manchester Central Manchester Piccadilly Situated on the picturesque Salford Quays waterfront, MediaCityUK is home to the BBC and ITV studios, as well as over 00 businesses and a stunning outdoor piazza. Perfectly complementing the Salford Quays area, The Lowry Theatre is an iconic tourist destination, named Greater Manchester s most visited tourist attraction in 00 and 0. Manchester United s football stadium attracts millions of visitors every year, keen to experience the atmosphere in the home of one of the world s most famous football clubs. Beetham Tower epitomises luxury both inside and out the glass-fronted exterior hosts a luxury Hilton hotel and Cloud 3, a bar that offers unparalleled city views from the 3rd floor. Manchester Central has been a recognisable landmark to the city for many years, providing Manchester with over 3,000 square meters of flexible space for events and exhibitions. With over 3 million passengers passing through the station every year, Manchester s Piccadilly train station is the fourth busiest station in the United Kingdom outside London. min Exchange Quay 8 The images provided in this document are intended as a guide and could be subject to change Pomona London Euston 9
X Media City Salford Quays - In Construction The largest residential development in the North West, the first of X Media City s four iconic towers is currently in construction, set to house 75 luxury apartments within its walls. With offices both in and Manchester, X is one of the North West s premier development companies. Dedicated to meeting and exceeding the needs of investors from the UK and overseas, the company offers exceptionally high quality properties in both the residential and student accommodation sectors. All of X s projects have been selected and developed by individuals who pride themselves in possessing unrivalled knowledge, experience and background in the product, market sector and location. X offers an exciting portfolio of real estate investments in major northern cities including and Manchester. Examples of their portfolio include the award-winning 50m X The Quarter scheme, a five-phase project located in s waterfront quarter, in addition to the highly popular X Salford Quays Phases,, and 3, found on the border of MediaCityUK. All three phases in the Salford Quays scheme, with a total value of over m, were completely sold out within months of being released and Phase is currently 00% let. Moreover, X also offers a specialist follow-through service via its sister company X Lettings, a highly successful lettings and management company which carries the same high level of expertise in order to manage and protect their clients long term investments. With an average expected NET return of 6% and more, X is the right choice for anyone looking to invest into the North of the country, with a track record of past developments that speaks for itself. DEVELOPMENT BEST RESIDENTIAL DEVELOPMENT MERSEYSIDE X The Quarter by X Developments 3 3 X Aire Leeds - In Construction The newest addition to Leeds s prime rental market, X Aire will consist of 47 stunning apartments, providing the perfect living environment for the city s surplus of young professionals. X The Plaza Manchester - In Construction X The Plaza is the perfect cosmopolitan oasis set in the heart of Manchester - each of X The Plaza s 0 stunning apartments contain picturesque outside spaces including balconies, terraces or beautiful gardens. 0 The images provided in this document are intended as a guide and could be subject to change
00% OCCUPANCY ACROSS ALL X SITES January 06 X One Phase 3 AVAILABLE & IN CONSTRUCTION The Studios at X The Quarter X Town Hall Manchester X Eastbank Manchester SOLD OUT & IN CONSTRUCTION The Courtyard at X The Quarter X Chapel Street Manchester X Salford Quays Phase 3 Manchester SOLD OUT & IN CONSTRUCTION The Gallery at X The Quarter X Salford Quays Phases & Manchester X The Exchange Manchester SOLD OUT & IN CONSTRUCTION X The Edge X Arndale House X The Terrace AVAILABLE & IN CONSTRUCTION X One Phases & X Borden Court The images provided in this document are intended as a guide and could be subject to change 3
Am I buying freehold or leasehold? 999 years leasehold What is the address of the site? Trafford Road, Salford, M5 3AW Are there tenants already in place? No, X The Gateway is a new-build development Is there a management company in place? Yes, the designated management company for X The Gateway will be X Lettings, who will block manage the building on your behalf. Speak to your designated property consultant. Select your perfect apartment and secure it with a deposit 3. Solicitors instructed, legal documents and sales pack sent out 4. 5% (less the deposit) payable upon exchange of contracts 5. 0% payable six months after exchange of contracts (furniture pack payment to be made at this stage) 6. Balance payable on completion What are the projected annual returns for X The Gateway? Estimated returns are approximately 6% NET from the completion of your apartment Are there any restrictions if I want to sell? No, X The Gateway is a residential development, and you are free to sell your apartment on the open market any time after completion How much is the ground rent? The ground rent for this development is 350 per annum Any financial information provided in this document is intended as a guide and does not constitute a contract. 4 5
The information contained within this document is intended as a general guide. This information does not constitute an offer or a contract and we (or anyone in our company) do not imply, make or give any representation, guarantee or warranty whatsoever relating to the terms contained within. Any intending investor must satisfy themselves as to the correctness of any of the statements, plans or images contained within. Images are for representational purposes only. The content contained within is correct adhering to the previous statement at the time of publishing. 40-V