Factsheet HiLux Apartments: 9 and 9a Oldham Road / Old Church Street, Manchester, M40 2JL HiLux apartments is luxury, fully furnished and centrally located apartment complex in the UK s second largest and fastest growing economy, with 86 basement parking, landscaping, retail shops, and children's play area on the ground floor. It offers 5* amenities and facilities that no other development can match including: 24-hour Concierge Services Dry cleaning / laundry collection services Bookings/Reservations, city advice for guests Deliveries (parcels, food, grocery) to residents doors Swimming pool, Gymnasium, Sauna & Jacuzzi Roof-top terrace garden Children s play area Weekly housekeeping Majority of the apartments come with a balcony Secure underground car parking (for sale for 20,000) with valet parking Cycle parking HiLux app used to enter & exit the building, meet their neighbours on site, join networking clubs / societies & place orders. Onsite Restaurant / Bar, Coffee shop and Franchise The franchise will be one of these two: Burger and Beer Joint (http://bnbjoint.com) Doughocracy (http://doughocracy.com ) Investment highlights 8% NET returns p.a. assured for 5 years Rental backed up by insurance The option to self manage and achieve yearly yields of 12% Exit Strategy offered at 125% after 5 years 7 nights free stay every year, without any impact on the rentals returns Earn 26% capital appreciation in the next 5 years Manchester: UK's no.1 Property Investment city in the UK Prices start from 124,340. First 6 months rental paid in advance within 45 days of completion 116 luxury apartments 3 Studios 32 1 bedroom 67 2 bedrooms 14 3 bedrooms Prices range from 109,340-475,288
Sizes range from 399 sq.ft. 1,303 sq.ft. On average, prices range from 250-310 per sq.ft. 116 luxury apartments and penthouses equipped with contemporary fittings and style (with leading brands including Samsung & Smeg appliances), HiLux s luxurious apartments offer exquisite contemporary living, with a focus on quality and fine attention to detail. Investors are offered a choice of interior designs whilst full-height windows offer an abundance of natural light. This 10 storeys development features roof top garden facing the city, offering unrivalled views and sunsets. Generous storage, car parking provision, children s play area, retail outlets and restaurant/bar are some of the added features. Floor to celling height: 2.8m 3.3m Site Area: 130,000 sq.ft. Local amenities Metrolink Station: Newton Heath and Moston 5 mins Victoria Station 10 mins, two stations away from Netwon Health and Moston Football: Etihad Stadium (home to Man. City) 8 mins Old Trafford Stadium (home to Man United) 24 mins National Football Museum 10 mins Tourist Attractions: Manchester Cathedral 19 mins Manchester Craft & Design Centre 10 mins Piccadilly Garden 12 mins Manchester Town Hall 20 mins Manchester Central Convention Complex 20 mins Manchester Chinatown 13 mins Financial district / Media City UK: Spinngfield (financial district) 17 mins Media City UK (new home to BBC) 19 mins Educational institution: University of Manchester 15 mins Manchester Metropolitan University 16 mins The Manchester College 15 mins National Computing Centre - 28 mins Schools: All Saints C of E Primary School 3mins
Spring Brook Upper School 5 mins Occupation options: 1) Owner occupation 2) Self manage or let out using a third party agent 3) Sublease to designated management company for assured rental returns - 8% NET returns assured p.a. for 5 years Perspective management company: Upon completion, one of the following management companies will be selected based on the best rate and best serviced offered: SoLux Apartments (http://www.soluxapartments.com) GoNative (http://www.gonative.com) Company number 03479011 Ground rent: 2 per sq.ft. p.a. Service charge: Studio: 850 p.a. 1 bedroom: 1000 p.a. 2 bedrooms: 1,250 p.a. 3 bedrooms: 1,500 p.a. Service charge include but not limited to the following: Utility bills Building and content insurance Weekly housekeeping Secure underground car parking with valet parking High speed broadband, smart television, phone line rental Weekly housekeeping Residence security secured by CCTV Camera 24 hours Maintenance of pool, Gymnasium, Jacuzzi & other communal services Marketing of property for rental Dry cleaning / laundry delivery services Mobile app to enter & exit the building, pay rent, order & collect Landscape services Playgrounds & roof top gardens maintenance On-site staff Passenger lifts maintains & Repairs,
Fire alarms, detection and fire fighting equipment Sinking / Reserve fund (for any repairs of the communal areas and the structure of the building, such as roof, windows, pipes, drains) An Attractive Exit Strategy With an appealing UK massive residential market, exit is not only simple but attractive: 1: Sell at any time via your preferred estate agent 2: Sell via us to the open market, where we will market and sell your apartment at 25% premium: After 5 years of operation, you can sell your asset at a 25% uplift on your initial investment. A 200,000 unit will earn you almost 50,000 in five years, purely from capital appreciation. A 200,000 unit, with 8% NET returns per annum, you will earn 80,000 in five years, from rental. Total Return on your Investment (rental and capital appreciation) = 130,000 (more than 65% returns in 5 years on your initial investment). 3: Negotiate with the management company another fixed rental assurance for a fixed period of time. Buyers Solicitors details: JH Hart & Company Solicitors, 15 Plashet Grove, Upton Park, London, E6 1AQ Solicitor: Cleo (cleo@jh-hart.co.uk) Documentation fee: 300 Legal fee: 1,295 Payment Plan 5000 reservation fee 25% upon exchange of contracts 25% June 2017 Balance upon completion (Q1 2018)
Manchester: No. 1 Property Investment City in the UK The Telegraph s official Top 10 buy to let hot spots The top regional city for property investment Savills Highest property yields in the UK HSBC The best place to invest for the next decade House Simple 2015, Manchester was named as one of the World s Most Livable Cities ahead of London, New York and Rome by the Economist Intelligence Unit. For the second year running, Manchester was named the best UK city to live in by the 2015 Global Liveability Survey. Manchester has now become known as media city with the relocation of major Manchester economy broadcasters such as the BBC, ITV
As the largest UK economy outside of London, Manchester is ranked as the second best place to do business in the UK, and twelfth in the whole of Europe - Opinium Research LLP 80 of the FTSE 100 have a presence in Manchester. 8.2 billion commercial investment the highest amount for any regional city CBRE Economy generates 56 billion of gross value add (GVA) in 2015 the largest economic area outside London. Northern Powerhouse: Manchester is the London of the North Manchester is at the heart of the 15 billion plans for the Northern Powerhouse: a proposal to boost economic growth in the North of England and aims to rebalance the UK economy away from London and the South East. Strong northern cities (Manchester, Liverpool, Leeds and Sheffield) cities link together to create a super city in a bid to rival London Northern Powerhouse proposal has "Chinese backing". o The Beijing Engineering Construction Group is investing 800m in Manchester's Airport City, which will include a hub for other Chinese firms to set up. o The fact that Manchester now has direct flights to both Beijing and Hong Kong also makes travel much easier. o Manchester City closed 265m deal (13%) with Chinese investors The visit by President Xi of China in 2015 to Manchester (the only city other than London that he visited) shows the global importance of Manchester to the UK and helped bring confidence to the market Northern Powerhouse Plans include: o o transform city to city rail connectivity east/ west and north/south through both HS2 and a new TransNorth system radically reducing travel times across this intercity network, a trans-pennine rail route, better access to Manchester airport. Manchester is the engine of the Northern Powerhouse 125,000 increase in the number of people living in Manchester by 2025 59 mins from London to Manchester upon completion of HS2 114% increase in the additional number of people that will be able to reach Manchester in less than 45 mins by 2025 thanks to the large-scale transport investment.
" 70,000 new jobs expected to be created by grater Manchester s financial and professional services by 2025 Manchester Residential Market Prospering Thriving residential sales and lettings markets in Manchester have generated considerable developer and large-scale investor interest. The demand and available supply imbalance has become increasingly notable during 2015. JLL research highlights that there have been more than six applicants per letting in 2015 with the average letting being secured less than 72 hours after marketing. These figures also emphasise the need for more rental stock in the city. London s global reputation, similarly to New York s or Paris s, means that it is often the first place investors chose to buy property in. However, such an intense surge of interest resulted in the UK capital s house prices spiraling out of control, and many residents moving away, leaving investors with low yields and little promise of capital gain.
" The Telegraph: Broadsheet newspaper distributed in the UK OPP. Today: Overseas Property Professional News Service