From

our blog.

X1 Michigan Towers, Manchester.

28/08/20

X1 Michigan Towers is an exciting new flagship development, which is set to change the Manchester skyline. Our new development features four iconic towers, each with unique façades with a stunning architectural design.

Each tower is set within a modern landscaped public realm, which features cafe spaces, restaurants, retail and office space alongside the residential offer.

With heights ranging between 14 and 35 floors, the towers provide both sweeping views of MediaCityUK, Salford Quays and central Manchester. This mixed-use scheme is an ideal investment opportunity and is truly unique in its contemporary design and perfect quayside location.

Situated in the heart of MediaCityUK in the iconic Salford Quays, home to Coronation Street as well as the likes of the BBC, ITV, Ericsson and Kellogg’s, this new phase of development complements the existing towers, and fits perfectly within the bustling business and leisure community.

This development presents an exclusive opportunity to invest in limited luxury property located at the very heart of Peel’s thriving MediaCityUK project.

Investment Case:

  • Manchester is one of the UK investment hotspots right now
  • Established economic powerhouse with every increasing demand for new built property.
  • 57.8% growth between 2009-2019
  • Located in the heart of MediaCity and Salford Quays, one of the UK’s most famous and iconic regeneration schemes
  • In Salford Quays prices are lower that the city centre, with more and more people moving there for affordability and quality of life.
  • The gap between prices in the city centre and Salford Quays is decreasing rapidly, a trend which is set to continue.
  • Since 2013, prices in Salford Quays have almost doubled
  • Located on the Broadway and Harbour City Metrolink stations
  • Next to MediaCityUK, home to the BBC, ITV, Kelloggs, Bupa, University of Salford and over 250 creative media business.
  • 8 Mins into central Manchester
  • 20 min walk to Old Trafford Football Ground
  • Part of the Peel Group’s multi-billion-pound regeneration scheme
  • X1 are a massive multibillion pound developer with extensive experience of developing high quality housing and working closely with Peel Ports.
  • Rental Guarantee to offset any void periods during the first 2-3 years

 

 

 

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Treasure House, Birmingham City Centre.

18/02/20

Prices from £190,000, 6% Yield Projected

Introducing Treasure House, a new 5-storey development situated in the heart of Birmingham City Centre in the trendy Jewellery Quarter district. The development will consist of 30 brand new apartments, an eloquent mix of 1, 2 and 3-bedroom apartments with outside spaces and some stunning duplex apartments. The project features extensive communal and landscaped gardens designed to provide tenants with ample outside space within the development itself.

Treasure House will feature state-of-the-art, high specification apartments built with tenants in mind. Just a short walk away from the development residents can reach all the major landmarks in Birmingham City Centre including the business district, The Bull Ring, The Mailbox and Grand Central Station. This all contributes to making this property a great purchase for a discerning owner-occupier, or a shrewd investor looking for a great buy-to-let property.

This brand new property development in Birmingham is set for completion in Q4 2020, meaning there is none of the development risk associated with other off-plan properties for sale. From an investment point of view, this makes perfect sense for investors looking to capitalise on the growing Birmingham residential property market with a high-end investment property.

Service charges are reasonable at just £1.31 per sq. ft. and ground rent is 0.1% of the purchase price capped at £250. Finance is available and investors require just 20% deposit on exchange within 28 days and then the balance is payable with either cash or a mortgage on completion in Q4 2020.

Investment Highlights

  • Boutique development of just 30 apartments
  • Mix of 1, 2 and 3 bedroom apartments
  • Completion Q4 2020
  • Projected yields of 6%
  • £5000 reservation fee
  • 20% deposit on exchange, Balance on completion
  • Walking distance to prime sites in Birmingham City Centre
  • Communal landscaped garden area
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One London Road, Newcastle-Under-Lyme.

03/05/19

Priced at £69,999, 10% Net Assured for 3 years, 4% Deposit Interest 

One London Road is Opulent’s latest student accommodation investment offering an impressive 10% net return assured for 3 years.  Located in the picturesque town of Newcastle-Under-Lyme, One London Road features 499 state of the art purpose built student acommodation studio apartments spread across 5 blocks. The projhect, destined for completion in September 2020 features great facilities such as roof top terrace and BBQ areas, state of the art gymnasium and various common lounges featuring table football and other activities to keep the students busy.

The project lies approximately 10 minutes away from the Keele University that houses some 10,000 students. Keele University was recently voted numer 1 in the UK in 2018 for student satisfaction and ranks 13th in the country for medicine. The university is just a short bus ride away from One London Road, and with the University being very rural, this is one of the closest purpose built student accommodation buildings to the University.

Built by a reputable developer with extensive experience in this area, One London Road is scheduled to complete in Spetember 2020 in time for that years in take of students. The project will be managed by the leading student management company Urban Student Living who will look after all of the management on behalf of our investors.

Investment Highlights

  • Prices from £69,999 for a studio apartment
  • 10% net return for 3 years from completion
  • 4% interest on deposits during construction
  • 250 years leasehold
  • £350 per annum ground rent
  • £1200 per annum service charge and management (not applicable during rental assurance)
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