Residential Estates Brochure

BUILT ON REPUTATION

CONTENTS INTRODUCTION

05

PROPERTY INVESTMENT

06 - 15

SHORT-TERM LETS

16 - 21

SALES AND LETTINGS

22 - 31

CONTACT US

32

03

ONE LONDON ROAD, NEWCASTLE-UNDER-LYME Purpose-built student accommodation

04

BUILT ON REPUTATION Established for over twenty-five years, Residential Estates is an independent property services group based in the United Kingdom.

Operating throughout numerous sectors of the property industry, our knowledgeable team can deliver comprehensive advice and professional property services.

Combining our personalised commitment to client care with a reputation built on honesty and professionalism, Residential Estates has grown to become one of the UK’s leading investment property companies with a global agent network.

Please take your time to discover more about Residential Estates’ unique approach, which secures our position at the forefront of the property industry and keeps our customers returning time and time again.

05

PROPERTY INVESTMENT Our experienced team of property investment specialists carry out extensive research and hand-pick premium opportunities from across the UK. We provide our clients with a tailored service by offering a selection of property types, as well as sourcing investments to suit their individual needs.

Residential Estates is proud to only offer investments that we would be keen to invest in ourselves. Our professionals spend time extensively researching and analysing the figures of each development, so that you can benefit from high returns without the high risks.

06

INSIGNIA, MANCHESTER Residential buy-to-let

07

TAILOR-MADE INVESTMENTS When it comes to investing in property, we appreciate that each client has different requirements and goals for their portfolio.

Residential Estates offers a wide range of investment types in order to create a bespoke service tailored to every investor’s needs.

THE PRINTWORKS, PRESTON Purpose-built student accommodation

08

RESIDENTIAL BUY-TO-LET Generally, buy-to-lets are let under an Assured Shorthold Tenancy (AST) on a six- to twelve-month basis.

Types of tenant typically include young professionals and families. Buy-to-lets are often used to gauge market demand. Residential buy-to-let properties provide investors with a safe asset in a strong demand area. This type of property is ideal for the investor looking to build a portfolio with longevity in mind. Standard residential buy-to-lets can be well suited to providing an additional income to a long-term savings plan, such as a pension.

SHORT-TERM LET APARTMENTS The rise of flexible living in the UK is matched by a growing demand for short-term accommodation. With companies relying more than ever on sending their employees on short-term assignments, investors that take advantage of this rental model will benefit from its economic returns.

Short-term let apartments cater for both tourists and business travellers, with stays ranging from one night to several months. Typically, these apartments are citycentre based, and close to leisure and business facilities.

This property type would suit an investor looking for high yielding investments from their residential portfolio.

RESALE PROPERTY Occasionally, clients need to release equity or capital from their investment. Residential Estates provides investors with a resale service that offers these prime opportunities to other clients. As resale property is normally completed, this is a great option for those who may be hesitant about off-plan developments, or looking for an opportunity that is already providing returns. Further benefits of resale property are the minimised risk as the development is already operational and usually tenanted, as well as no delays due to construction.

PURPOSE-BUILT STUDENT ACCOMMODATION (PBSA) Residential Estates only considers strong PBSA developments in areas that have not been oversaturated. Stamp duty is not paid on student developments, and developers have been known to offer incentives to investors such as interest accrued on money deposited during an off-market build. Capital appreciation is likely to be lower than a standard residential development, however this is offset by the potential to achieve higher returns.

Mortgages are not typically available, so this type of investment would suit someone with the appropriate financial backing, seeking high yields and an opportunity to diversify their portfolio.

FULL APARTMENT BLOCKS Generally, Residential Estates has at least one block available to purchase at any one time. This type of property venture suits individuals or companies with appropriate financial backing that are looking to contain their investment within a specific location or development.

Apartment block investment opportunities vary in size and location and can be either student or residential. They are typically off-plan and off-market developments.

09

70% 35 OVER 70% OF OUR BUSINESS COMES FROM REPEAT CLIENTS AND REFERRALS

ON AVERAGE, WE SELL 35 INVESTMENT PROPERTIES EACH MONTH

32

17

111

24/7

WE HAVE SOLD IN 32 SUCCESSFULLY COMPLETED DEVELOPMENTS

OUR CONSULTANTS HAVE OVER 100 YEARS OF COMBINED EXPERIENCE IN THE PROPERTY INDUSTRY

10

OUR COMMITMENT TO FINDING THE BEST UK PROPERTY HOTSPOTS HAS LED US TO SELL IN 17 LOCATIONS

WITH CUSTOMERS ACROSS MULTIPLE TIME ZONES, WE ARE HAPPY TO TAKE CALLS AT ANY TIME, 365 DAYS OF THE YEAR

MANCHESTER Halo Canal Street Axis Tower Media City Bridgewater Point Popworks Adelphi Wharf Princess Street

NEWCASTLE

BIRMINGHAM The Metalworks The Foundry Bywater House Cardinal House

SUNDERLAND

LIVERPOOL

LEEDS

Kings Dock Mill X1 Liverpool One The Steel

BRADFORD PRESTON

SHEFFIELD Printworks West Bar House

HULL

MANCHESTER

LIVERPOOL

LEEDS Victoria House X1 Aire

STOKE-ON-TRENT WARRINGTON

Keele House Orme House

SHEFFIELD LINCOLN

SUNDERLAND

CHESTER

Jameson House

NEWCASTLE STOKE-ON-TRENT

Burgess House

NOTTINGHAM

LUTON Napier House

LINCOLN ONE the Brayford

CHESTER City Road

BIRMINGHAM

PRESTON Canterbury Halls

LONDON LUTON

HULL Ferens Court

BRADFORD Gratten House

WARRINGTON WOOLWICH

Pyramid Court

WOOLWICH The Old Fire Station

NOTTINGHAM Hyson House

HIGH RETURNS, LOW RISK. Over the past ten years, Residential Estates has successfully sold to investors and completed numerous projects for developers across the United Kingdom.

THE FOUNDRY, BIRMINGHAM Residential buy-to-let

12

WEST BAR HOUSE This high specification student development sold off-plan in 2016 very quickly. Over a year later, the project was completed and has been fully tenanted ever since. Its success comes as no surprise given the development’s proximity to Sheffield University.

KEELE HOUSE A highly popular student accommodation development in Newcastle-under-Lyme consisting of 160 fully furnished studio apartments. The development has been fully tenanted from its opening in 2017, providing investors with highly lucrative returns ever since.

CITY ROAD Not only was our Investment team able to sell out these off-plan apartments located in Chester city centre in a few weeks, our Short-Term Lets department has undertaken their management. City Road is a perfect example of Residential Estates’ diversity. We can successfully source and sell apartments off-plan, as well as offering our management services where possible, thus enhancing investor’s returns.

13

BE PART OF A GLOBAL NETWORK.

Residential Estates is continuously looking for new agent partners to work with on our investment projects. We only collaborate with reputable developers who have a proven track record of successful developments, meaning that you can confidently advertise our projects with the peace of mind that our full due diligence process has been carried out.

All our agent partners are given 24/7 access to our online Agent’s Portal. The portal will provide you with all the necessary tools to successfully aid your client’s sale through to completion, including marketing material, price lists and availability. In addition to our bespoke portal, all agent partners that work with Residential Estates will have a dedicated agent network consultant.

Residential Estates aims to build long-lasting relationships with each agent partner. We guarantee that you will receive the highest level of support throughout every step of the marketing and selling process, and ultimately achieve repeat business from your clients.

14

UNITED KINGDOM

CHINA TURKEY

BELGIUM ISRAEL SPAIN

HONG KONG MALAYSIA

KUWAIT QATAR

UNITED ARAB EMIRATES

15

SHORT-TERM LETS Central, smart and sophisticated, our accommodation caters for any number of guests staying for business or leisure.

More affordable than most hotels but without any compromise in comfort or luxury, our private apartments offer guests bespoke accommodation that is fully flexible. Providing you with the ultimate home-from-home experience, our accommodation is the smart alternative for your next trip.

16

Whether you’re on holiday or working away on business, our priority is for all guests to have the best possible stay. We currently offer luxury city centre accommodation across the north of the United Kingdom, in major cities such as Chester, Manchester and Liverpool.

As standard, our apartments include everything you need to have a perfect stay.

• SMART TV • WI-FI • FULLY EQUIPPED KITCHEN • LINEN • TOWELS • DESIGNATED PARKING • HOUSE KEEPING

CITY ROAD, CHESTER Short-term accommodation

17

STAY IN, GO OUT, HAVE A MEETING OR JUST RELAX. When travelling for work, hotels can often feel impersonal and confined. Our apartments provide guests with a true home from home. With full use of your very own private apartment – complete with a designated living and dining area – you can unpack and relax.

Our apartments are always located close to major transport links and the city’s central hub, giving you one less travel detail to worry about whilst working away from home.

For long-term business stays, our apartments often work out better value for money compared to other hotels and accommodation in the surrounding area. And unlike hotels, family is always welcome to stay at no extra cost.

HALO, MANCHESTER Short-term accommodation

18

Groups of family and friends are always welcome at our apartments. Their convenient location within easy reach of tourist attractions makes them the perfect choice for your holiday accommodation.

With an apartment to yourself, groups can stay secure under one roof instead of being spread across multiple rooms and floors. And if you’re tired out after a busy day of sightseeing, our fully equipped kitchens offer you the choice to eat in and relax in comfort.

EXTRAS THAT MAKE ALL THE DIFFERENCE To make your trip even more special, we have created bespoke and complimentary extras for our guests to enjoy.

Our city guides and illustrated maps will help you find your way around your destination, and our exclusive offers and discounts for local bars and restaurants will help you get to know the best local spots.

We also provide our guests with a range of premium services to make your trip even more special and stress-free. We are happy to arrange airport transfers and additional transportation during your stay, as well as tours of local attractions. And if you’re celebrating a special occasion, we are happy to organise balloons and champagne for your arrival. Nothing is too big or too small.

THE CHOICE IS YOURS.

HALO, MANCHESTER Short-term accommodation

19

A GROWING OPPORTUNITY FOR LANDLORDS Residential Estates has capitalised on the ever-increasing demand for short-term and corporate lets in the United Kingdom. Combined with the tourist market, we can supply landlords with high occupancies from three- to five-night stays, through to the contractor or relocator staying for several months.

As opposed to owning a property which only leaves a small NET profit after costs, the short-term let model charges on a nightly basis. This offers the potential for higher returns, which in turn leads to a greater value and higher appreciation.

HALO, MANCHESTER Short-term accommodation

20

Once Residential Estates has established that your property is suitable for the short-term and corporate let market, we can cover the entire management process, making this a hands-off and stress-free option for landlords. You will have one of the North’s leading short-term let experts as your partner throughout the entire process.

• ADVERTISE PROPERTY ON ALL MAJOR PORTALS • ESTABLISH RATES • SOURCE SUITABLE TENANTS • MEET GUESTS FOR CHECK-IN • RESOLVE ANY TENANT ISSUES PROACTIVELY • MANAGE FULL UPKEEP AND MAINTENANCE OF PROPERTY • ARRANGE CLEANING OF PROPERTY • PROVIDE ITEMISED STATEMENTS

BAKERS COURT, CHESTER Short-term accommodation

21

SALES AND LETTINGS Residential Estates began its property journey as a letting agent before quickly expanding to include residential sales.

Three decades later, our forward-thinking team understands better than ever how to successfully navigate the evolving world of real estate by finding innovative solutions.

We combine our decades of experience in the local market with a professional and honest approach in order to provide an unparalleled service to our clients. As part of our commitment to delivering the highest professional standards, Residential Estates is a member of the Property Ombudsman Scheme.

22

Moving or selling your home can be one of life’s most stressful events, and for our landlord clients, we appreciate that their property represents a valuable asset and important source of income.

As your estate or letting agent, we will listen to your needs and keep you informed at every step of the process.

From sourcing the perfect property for a tenant or negotiating a house sale, to ensuring landlords achieve optimal returns, our client is always at the heart of everything we do.

WATERS EDGE, CHESTER Residential sales property

23

YOUR PROPERTY JOURNEY STARTS HERE Second appointment and follow up if required.

New landlord or vendor.

Arrange and attend valuation.

Process identification and money laundering checks for landlord or tenant.

Obtain instruction and arrange property visit.

Stage

1

ACQUIRING, LISTING AND ADVERTISING A NEW PROPERTY

Negotiate offers or interest.

Negotiate offers/terms with potential purchaser/tenant.

Discuss offers/potential tenants with vendor/landlord.

Agree a sale or let the property.

Arrange move-in date for tenant or discuss sales completion timeline.

Stage

3

24

Confirm purchaser/tenant identification.

Draw up ‘Offer Accepted’ paperwork.

CLOSE SALE OR TENANT MOVES IN

Get feedback from viewing and relay to vendor or landlord.

Set up conveyancing/draw up tenancy agreements.

Check mortgage details.

Design marketing material, brochure and website descriptions.

Gather property dimensions and take photographs.

Launch property marketing on agent’s website.

Order a ‘To Let’ or ‘For Sale’ board.

Advertise property on social media.

Launch property on online portals.

Contact database of potential buyers or tenants.

Organise and attend viewing.

Stage

Register lead details.

Generate lead enquiries.

Establish tenant or buyer suitability.

FINDING THE RIGHT TENANT OR PURCHASER

Follow to exchange.

Manage the sales chain.

Set up survey/draw up schedule of condition and inventory.

2

Take deposit/initial tenancy monies.

Completion and hand over keys.

25

WE ARE PASSIONATE ABOUT ACHIEVING THE BEST OUTCOME FOR YOUR PROPERTY, Through a combination of marketing and advertising that presents your home to its fullest potential, as well as our knowledgeable and enthusiastic approach, we always aim to gain the optimal purchase price for your property.

We will advertise your property across the property industry’s major online portals to ensure maximum outreach. Being a multi-faceted property company, our clients will benefit from access to our database of investors that are continually looking to purchase properties that meet their criteria.

THE LEADWORKS, CHESTER Residential rental apartment

26

Alternatively, if you are looking to purchase your next home, we can connect clients with individuals and developers looking to sell in the Cheshire area.

Our sourcing service and bespoke mailing list tailors our search to your exact requirements, ensuring your property journey is as streamlined as possible. We are happy to personally recommend tried and tested solicitors, giving you one less detail to worry about.

AND HELPING YOU FIND YOUR DREAM HOME. SADDLERY WAY, CHESTER Residential rental apartment

27

BUILT ON EXPERIENCE. Before Residential Estates expanded to become the multi-faceted property company that it is today, its original and sole focus was lettings. As a result, our lettings department has almost three decades of experience behind it, demonstrating that we can successfully navigate the market and provide an exceptional service.

As well as standard services associated with a letting agent, Residential Estates also offers a short-term model which can offer landlords with suitable properties even higher returns.

Today, more people are renting than ever before.

Whether you manage your own property portfolio or require a fully encompassing management service, Residential Estates can help you take advantage of this growth.

Our flexible approach enables us to tailor our services to your requirements, but most landlords opt for either our Tenant Find or Fully Managed options which both include a comprehensive range of services.

• UP TO DATE APPRAISAL, MARKET ADVICE AND STRATEGY • COMPREHENSIVE ADVERTISING AND MARKETING • ACCOMPANIED VIEWINGS • NEGOTIATING TENANCIES • FULL TENANT REFERENCING • COMPLIANCE CHECKS • SAFETY AND ENERGY PERFORMANCE CERTIFICATES • ARRANGING SCHEDULE OF CONDITION AND INVENTORY

28

For landlords looking for a completely hassle-free investment, our Fully Managed option offers additional services, allowing you to enjoy your income without the day-to-day stress.

• TRANSFERRING UTILITIES • SECURING DEPOSITS • KEY HOLDING • RENT COLLECTION AND PAYMENTS • MONTHLY STATEMENTS • INSPECTIONS AND REPORTS • ARRANGING REPAIRS AND MAINTENANCE • DEALING WITH RENT ARREARS AND OTHER TENANCY ISSUES • SERVICE OF RELEVANT NOTICES • ACCOMPANIED TENANCY CHECK OUTS WITH REPORTS • RETURN OF DEPOSITS

FULLY MANAGED, NO MONTHLY FEES. Residential Estates offers a full management option with no monthly fees. Landlords will pay a pre-agreed fixed fee upfront, with no further fees taken for twelve months. You will benefit from all the services listed for fully managed properties whilst receiving the full rent.

29

WELCOME TO YOUR NEW HOME KING STREET, CHESTER Managed rental property

30

From making sure all our properties are in the best condition, to alleviating the stress involved in finding your new home, we strive to provide the best service possible to each tenant renting through Residential Estates.

We appreciate that issues can happen at any time. That’s why we have a 24/7 phone number dedicated to tenant and home emergencies. For our tenants’ peace of mind, Residential Estates is a member of the Deposit Protection Service (DPS).

31

CONTACT US Kinnerton House Bell Meadow Cuckoos Nest Pulford Chester CH4 9EP +44 (0) 1244 343 355

GENERAL ENQUIRIES info@residential-estates.co.uk

PROPERTY INVESTMENT sales@residential-estates.co.uk

SHORT-TERM LETS reservations@residential-estates.co.uk Out of Hours Emergency Contact for Guests: +44 (0) 7502210175

SALES AND LETTINGS lettings@residential-estates.co.uk

Residential Estates @res_estates residentialestates company/residentialestates

Residential Estates is proud to support the following charities

32

Kinnerton House Belll Meadow Cuckoos Nest Pulford Chester CH4 9EP +44 (0) 1244 343 355 www.residential-estates.co.uk