115 PRINCESS STREET

11 5 P R I N C E S S S T R E E T An exceptional new residential development in a prime Manchester City Centre location

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115 PRINCESS STREET 115 Princess Street is one of the latest developments from Manchester’s leading residential developer.

Comprising 24 high-spec studio and one bedroom apartments, the red brick heritage building is being redeveloped to accommodate both young professionals and students.

115 Princess Street benefits from a highly desirable location near Manchester’s ‘Knowledge Corridor’, just a two-minute walk from the University of Manchester and Manchester Metropolitan University. It's also just a short six minute walk away from Chinatown and 10 minutes to Manchester's prime shopping district, which sees 42 million visitors every year.

Within a 5-minute walk from Manchester Picadilly, Oxford Road and St Peter's Square tram stop, the development is well connected to the city’s primary transport links, negating the need for a personal vehicle.

Originally constructed in the mid-late 19th Century, the building is situated within the Whitworth Street Conservation Area, which is recognised for its characteristic Victorian and Edwardian warehouse buildings.

The use of modern, low-carbon technologies means that 115 Princess Street will be one of the city’s most energy efficient developments, with a benefit to investors of an enhanced rental yield and future-proof investment.

The combination of these cutting-edge low-carbon technologies and high-quality contemporary finishes means that the developments are in huge demand from tenants and investors. The company has won pres-tigious national awards for their innovative approach to creating desirable apartments for the modern city centre dweller.

We are offering unrivalled NET yields of 7%, assured for 2 years by one of

the city’s leading landlords, Manchester Apartments. All rents are personally guaranteed founder, offering ultimate security to investors.

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THE OPPORTUNITY 115 Princess Street is a fully managed property investment opportunity, with the whole project being developed by us from build through to management of completed apartments.

The development benefits from a convenient central location near Manchester’s ‘Knowledge Corridor’, prime shopping districts and main transport connections.

Designed by award-winning professional property developer, 115 Princess Street investors will benefit from 16 years-worth of property investment and management experience gained by the developer.

As the investor, you will be provided with a dedicated point of contact to offer guidance throughout the process.

All apartments are to be rented on 12 month AST’s. This results in a higher rental yield for the investor than would normally be achievable.

Our apartments are 70 times oversubscribed due to our energy efficient, low carbon and space efficient designs.

The experience in managing properties means that they handle every aspect of the let-tings and management process. Their success in maintaining the current portfolio at 100% occupancy means that they can offer you this rental assurance with the utmost confidence in their ability to let the property.

INVESTING MEANS YOU WILL BENEFIT FROM INVESTING IN AN AWARD WINNING MANAGEMENT AND LETTINGS PLATFORM, AS WELL AS A BEST IN CLASS PROPERTY DEVELOPER.

The developer's decision to create communal heat-ing and designs also minimises the maintenance to the investor, as everything is both managed and maintained centrally by Manchester Apartments.

Investing also means helping them on their mission: making Manchester better with a unique approach to property development and lettings. To achieve this, the business aspires to bring to life a number of values such as passion, innovation, efficiency, sustainability and consistently exceeding expectations.

We are offering investors a 2-year guaranteed net rental of 7% per annum.

ON THE SAME STREET, RECENTLY TRANSACTED AT:

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£300,000 FOR A 1 BEDROOM PROPERTY

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£450,500 FOR A 2 BEDROOM PROPERTY

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£509,950 FOR A 3 BEDROOM PROPERTY

L O C AT I O N : K N O W L E D G E C O R R I D O R 115 Princess Street is situated just moments away from Manchester’s ‘Knowledge Corridor’ – a highly sought-after area dominated by the University of Manchester and Manchester Metropolitan c a m p u s e s a n d a ra n g e o f exceptional student facilities.

This ‘Knowledge Corridor’ – more commonly recognised as Oxford Road – is a thriving destination for young professionals, with countless shops, restaurants and coffee shops on offer. A brand new leisure and retail facility named Hatch has brought an eclectic range of artisan and independent food operators to the area, which is constantly expanding and changing.

The development is also just a six minute walk away from the third largest Chinatown in Europe, which is recognised for its iconic ‘Paifang’ archway and varied Asian cuisine.

a five minute walk away for those who wish to make use of the efficient transport systems.

As Manchester’s primary railway station, Piccadilly Station will be connected to the planned HS2 high-speed rail link, which will reduce travel time to London to only 1 hour.

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As Manchester’s premier business district, Spinningfields is only a 15 minute walk from 115 Princess Street and boasts a wealth of popular restaurants, shops and bars.

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With all of these facilities nearby, 115 Princess Street tenants will benefit from one of the most convenient locations in the city.

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Most of the city centre’s prime destinations are easily accessible by foot, and Oxford Road Station, Manchester Piccadilly Station and St Peter’s Square tram stop are just

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University of Manchester

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3 Oxford Road

4 Chinatown

5 Piccadilly train station

6 Spinningfields

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Central Business District

Northern Quarter

Manchester Royal Infirmary

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WELCOME TO

MANCHESTER Manchester is the second major city of the UK, based at the centre of the economic “Northern Powerhouse”. It is a thriving cosmopolitan city, built upon an industrious legacy.

• First industrialised city in the world • Home to the first public library • Birthplace of the world’s first computer • Has the world’s oldest railway station • Birthplace of Graphene - the world’s thinnest material

MANCHESTER'S PRIVATE RENTED SECTOR HAS RISEN BY 85% IN THE PAST 10 YEARS, IN COMPARISON TO 51% IN THE REST OF THE UK

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INVESTING IN MANCHESTER As the most significant economic region in the UK, Manchester – in particular the city centre – has seen remarkable growth over the past few years. In the late 1990s, only a few thousand people resided in the city centre, whereas this figure has now risen by 80% and is set to continue.

115 Princess Street itself benefits from a prime location in Manchester city centre, close to a number of major development areas. Corridor Manchester (also referred to as the ‘Knowledge Corridor’) is just minutes away from this upcoming development and consists of the University of Manchester, Manchester Metropolitan University, Central Manchester University Hospitals NHS Foundation Trust and Manchester Science Partnerships. The University of Manchester is investing over £1billion in the next decade to transform their facilities, whilst Manchester Metropolitan University is investing over £350 million to enhance its science, engineering and cultural offerings. By 2025, the surrounding development area will deliver over £4million sq. ft. of commercial, retail and leisure space.

POPULATION GROWTH IN MANCHESTER 20% growth over the last 10 years Forecast another 20% over the next 10 years

As the main destination on this ‘corridor’, Oxford Road is one of Europe’s busiest, most efficient bus routes and has seen significant positive changes over recent years. As well as wider pedestrian paths, new ‘Dutch-style’ cycle lanes were introduced in 2017, reducing the carbon footprint in the area.

Travel time to major destinations will also be significantly reduced, with the introduction of the high-speed HS2 railway line in the coming years. From Manchester Piccadilly Station, it’ll only take 1 hour to get to London, boosting business and tourism in the city.

Just 20 minutes away by foot, the upcoming NOMA neighbourhood will introduce state-of-the-art commercial, technology and leisure facilities to the Northern Gateway area of the city. Over 141,400 people are currently employed in the city centre, but with the introduction of new business and leisure districts such as NOMA, this number is set to increase even further.

Invest in Manchester and you’ll be investing in one of the fastest growing cities in the UK. 16

AN INVESTMENT HUB Further private and public sector investments across the city (from both domestic and international investors) is testament to Manchester’s economic vitality and status as a world-class business and investment location.

£650m MediaCityUK

£1.35bn St John's

200-acre world-renowned business hub for media, digital and creative industries. Home to the likes of the BBC, ITV and Kellogg’s.

An upcoming 15-acre community comprised of living amenities, businesses and leisure facilities. Bounded by the River Irwell, the Castlefield conservation area and Manchester city centre to the east.

£800m MAG

£800m NOMA

£1.5bn Manchester Life

£600m New Bailey

20-acre mixed-use city centre regeneration scheme led by two UK institutional investors – Co-op and Hermes. The largest development project in the north west of England.

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Manchester City Council and Sheik Mansour’s ADUG’s £1bn 10 year agreement to build 6000 homes in the city’s fringe areas. The world’s leading training ground - City Football Academy – has also been developed.

OVER 15,500 NEW JOBS FORECAST TO BE CREATED IN MANCHESTER CITY CENTRE BY 2024

A joint venture with Beijing Construction Engineering Group, this is an £800m investment to transform the airport and surrounding area for rapid expansion of business, aviation, science and biotechnology industries.

Situated next to Spinningfields, New Bailey is an exciting new extension to Manchester’s Central Business District, comprised of 2.2m sq ft of new grade A offices. The first phase was completed in 2015.

MANCHESTER’S GDP GROWTH IS FORECAST TO RISE BY 3.5% PER YEAR UNTIL 2024

AN INVESTMENT HUB Oxford University economists predict that employment growth in Manchester in the next five years will exceed many international capitals, including Paris, Berlin and Tokyo.

Significant investment is being made across Greater Manchester into all sectors of the economy. Notable infrastructure spending shall make Manchester one of Europe’s best integrated cities, with seamless transport solutions for all citizens.

HS2 This £40.6bn planned high-speed rail link will reduce travel time to London to only 1 hour. Construction is due to start in the next couple of years.

MANCHESTER AIRPORT IS THE LARGEST UK AIRPORT OUTSIDE OF LONDON WITH FLIGHTS TO MORE DESTINATIONS THAN ANY OTHER AIRPORT IN THE UK

Upgrade works to provide a new “second city crossing” line and direct connection to the Trafford Centre.

Airport £1bn is being spent on creating a new ‘super-terminal’, of which is expected to take six years.

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DESIGN CONCEPT Designed with style, sustainability and practicality in mind, The apartments boast some of the most advanced and desirable features available: From premium Amtico flooring with a 20-year guarantee to bespoke custom-made furnishings by high-quality brands, all of The apartments are both beautiful and practical.

To help protect the environment, We have implemented the likes of underfloor heating and air source heat pumps in its apartments.

Because security is paramount, The apartments benefit from a video intercom system with the ability to leave video messages. 24/7 advanced CCTV surveillance is also available to tenants.

Providing all tenants with the ultimate level of luxury and comfort, every single bedroom features a bespoke ottoman bed with an easy access storage solution, topped with a ‘Royal Warrant’ Hypnos combination mattress designed exclusively for Manchester Apartments. The ottoman bed provides 2 m3 of under-bed space.

The kitchens are fitted with advanced, UK manufactured appliances with a five year warranty, such as high-quality built-in fridge-freezers.

For a luxury look-and-feel, The kitchens feature 40mm quartz worktops.

Branded high-end sanitaryware from the likes of Grohe ensures long-term durability, whilst all bathrooms are equipped with sustainable thermostatic shower systems, providing consistent temperature control.

Communal areas are also carefully considered, with deluxe Milliken carpets providing durability and style in one.

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SPECIFICATION

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Electrical TV points to primary areas. White power points and switches throughout. White enamel downlighters to hallway, kitchen, bathroom and en-suites. Communal satellite system to be provided. Intercom door entry system. LED strip lighting with five year guarantee in kitchen. Superfast Wi-Fi throughout. CCTV for security.

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Furniture Ottoman (gas lift) leather bed with combination mattress, headboard and fitted wardrobe (design in keeping with interior design package). Bespoke sofas, coffee tables, dining tables, dining chairs, desk chairs, armchairs and kitchen stools.

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Inset sink with Monobloc tap. Worktops to be 40mm quartz post-formed with 100*15mm up-stand. 18mm colour coordinated carcass.

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Kitchen

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Appliances Ceramic hob with chimney hood and stainless steel back panel, single under oven or multi-microwave oven. Built in fridge-freezer and British manufactured appliances with five year guarantees.

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Sanitaryware White sanitaryware throughout. Hansgrohe chrome taps and wastes. Concealed wastes and feeds.

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Flooring The flooring proposed is from British manufacturer Amtico with a 20 year guarantee.

This flooring is 10mm thick.

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Showers Thermostatic shower mixer. Pivot or sliding chrome-edged shower door. 800 x 800 shower tray as a minimum.

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Skirting to be moulded MDF throughout, with architrave to match (square edge).

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Woodwork

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Heating system Air source heat pumps and underfloor heating.

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Doors Internal doors to be flush pre-finished white or veneered with brushed steel.

External superior quality walnut doors with glazed lighting or side panels.

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11 5 P R IH N O LCL YE W SS O O DS T R E E T