Spotlight on Salford: MediaCityUK celebrates 10 years

Spotlight on Salford: MediaCityUK celebrates 10 years

United Kingdom World , ,
  • 2017 marks 10 years since planning permission was granted & construction began on MediaCityUK
  • Kellogg’s to relocate its UK headquarters to MediaCityUK
  • 2% positive price change in Salford homes over last 12 months (HM Land Registry)

Over the past decade Salford has experienced enormous transformation. This year marks 10 years since permission was granted to The Peel Group to build MediaCityUK, a 200-acre property development located on the banks of the Manchester ship canal with Salford Quays, located at the eastern end becoming one of the largest urban regeneration projects in the UK.

Back in 2004 the BBC motioned its objective to move a considerable number of jobs from London to Manchester with the Salford Quays site chosen at the premier location and a few years later, in 2007, after The Peel Group was granted planning authorisation to develop, construction began on MediaCityUK.

The BBC’s move represented a significant decentralization from London and many creative and media businesses followed suit including ITV. Today MediaCityUK is home to an exciting mix of over 200 businesses including production companies, Satellite Information Services and higher education institutions such as The University of Salford.

It has also just been announced that Kellogg’s is to relocate its UK headquarters to MediaCityUK after signing a lease for 48,000 sq ft at the Orange Tower. Moving 420 jobs from the company’s current Old Trafford site in January 2018 is a strong declaration of the appeal of the Salford area and especially MediaCityUK. Adding that to the 200 new jobs announced by the BBC earlier this month at MediaCityUK as it seems that Salford Quays really does have ‘cereal’ investment appeal!

 “A decade on from granting of planning permission for MediaCityUK, we have seen the 200-acre site go from strength to strength.  The mixed-use scheme has enjoyed enormous commercial success and the relocation of Kellogg’s HQ from Old Trafford to MediaCityUK will undoubtedly be a welcome addition to the vibrant business environment, driving economic growth into the next decade”.

Jonathan Stephens, MD, Surrenden Invest

 

Indeed, the outlook for job growth within the Northern Powerhouse city is bright. 3,000 new businesses were registered in Greater Manchester in 2016 (Inform Direct Review of UK Company Formations) and Savills predicts that around 4,000 jobs are set to be created in the region over the next 5 years.

Despite its increasing popularity property in Salford is still affordable but it is not predicted to stay that way for long. The latest HM Land Registry data reported that property prices are about 10% lower than Manchester  city centre with a 6.2% positive price change in Salford over the last 12 months (May 2016 – May 2017).

“Not only a place to work and play, Salford Quays has an established residential community and is a popular choice for young professionals especially, working within the MediaCityUK site. We have seen sustained demand for homes in Salford over the past 12 months with waterside homes in high demand.

“Manchester’s thriving property market over the past few years has led to areas outside the city centre undergoing significant redevelopment. Our development, Wilburn Wharf in Salford has had no end of interest and with the Wilburn Basin, where the homes are located, falling on the Salford side of the River Irwell, investors are looking at an average price per square foot that is 30% lower than similar developments a couple of minutes’ walk away.”

Jonathan Stephens, MD, Surrenden Invest

 

Wilburn Wharf, available through Surrenden Invest, compromises of four distinct blocks which vary in height, all of which offer fantastic views across Manchester. Each apartment is built to the highest specification and the residential facilities are exceptional including a 24/7 concierge, architecturally landscaped gardens and seating areas around the river basin as well as a gym, cinema, residents lounge and meeting rooms. Prices for units in the current phase 2 start from £165,000.

 

For more information, visit www.surrendeninvest.com or contact Surrenden Invest on 0203 3726 499.

British Summer Championships highlight popularity of swimming and growth in demand for home pools

British Summer Championships highlight popularity of swimming and growth in demand for home pools

United Kingdom , ,
  • Swimming is the UK’s most popular sport (Sport England)
  • Private swimming pool market is experiencing notable growth (Aqua Platinum)
  • Championships event designed to nurture young talent (British Summer Championships)

The 2017 British Summer Championships will take place from 25-30 July with the annual event playing an important role in encouraging the development of young swimming talent. Hosted at Ponds Forge in Sheffield, the championships are open to athletes from age 13 upwards and cover a range of individual championship and team events.

According to data from Sport England for the year ending September 2016, swimming remains the UK’s most popular sport, with 2,516,700 weekly participants over the age of 16.

“Swimming remains incredibly popular in the UK for a number of reasons. It is suitable for people of all ages, it can be enjoyed by those with health conditions that preclude them from other sports (as the weightlessness of the water reduces the impact on joints), it tones the entire body and the cardiovascular benefits are well documented.

 “This British love of swimming is leading to significant growth in the demand for private pools. One of the great things about home pools is their versatility – they can come in all shapes and sizes, they’re not just for celebrities and royalty.”

 

Aqua Platinum spokesperson

 

Luxury swimming pool design and build company Aqua Platinum is well versed when it comes to creating pools to suit all manner of homes and budgets.

Those with large enough homes can enjoy exciting features such as moveable floors, as seen at Hadley House in High Barnet, which are ideal for maximizing the use of space by allowing a pool room to serve a dual purpose. For many, a classic outdoor pool is ideal, as demonstrated at Englemere in Ascot, where bright tiling is used to beautifully define the pool area.

South Quay Plaza, at Canary Wharf, shows another side to the possibilities that indoor pools allow, with the water gently lapping at the edge of the enormous floor to ceiling windows, creating a stunning environment in which to swim.

Meanwhile, the superb basement pool and spa area at Parklands in Weybridge serves to highlight the abundance of options that come with a home pool. The main pool was the first of its kind, featuring infinity edges on 270 degrees of the pool structure, which was raised from the ground. A stealth automatic cover was built into a cave, while the design also incorporated an integrated, cascading water feature and bespoke bridge for crossing the pool. Meanwhile, the outdoor spa area, on the other side of a floor to ceiling glass wall, was designed to perfectly mirror the design of the pool. An interior fire wall completes the balance of elements perfectly.

“The pool and spa complex at Parklands highlights what can be achieved with creative and thoughtful design. Swimming is a wonderful way to keep fit and enjoy your leisure time, so why not do it in the most beautiful setting that you can imagine?”

 

Aqua Platinum spokesperson

 

For more information, call 0203 362 0442 or visit www.aquaplatinumprojects.co.uk.

Oh we do like to invest beside the seaside!

Oh we do like to invest beside the seaside!

United Kingdom World
  • Returns of 10% attracting investors to UK seaside hotels (Property Frontiers)
  • Hotel investment in the UK projected to grow by 28% in 2017 (Savills)
  • UK is most appealing hotel investment location in Europe (CBRE)
  • UK tourism sector to grow 3.8% per year to 2025 (Visit Britain)

The UK enjoyed record visitor numbers in 2016, with Visit Britain reporting 37.6 million visitors over the course of the year, up 4.14% on 2015.

Meanwhile, travel marketing company Sojern has reported a 23.8% rise in the number of Brits planning a UK summer break for 2017, with Brexit believed to be a key influencing factor in many families’ decision to opt for a UK break.

This is excellent news for the UK’s seaside hotels, as well as for those who invest in them.

“UK hotel rooms are hot property right now when it comes to investments that offer impressive returns. They outshine buy-to-let in several ways – there’s no stamp duty, no buy-to-let tax issues and a comparatively low entry point. For investors from overseas, there’s also the ongoing favourable exchange rate, with the pound not yet fully recovering from the UK’s decision to leave the EU.”

Ray Withers, CEO, Property Frontiers

While the pound has recovered somewhat since the EU referendum, it is still some 16% lower against the dollar and 14% lower against the euro than it was before the vote. Many investors are taking advantage of this fact to increase their stock of UK hotel rooms, with returns of around 10% tempting many to opt for these instead of for buy-to-let opportunities.

Savills reports that investment in UK hotels has already reached £2 billion in the first half of 2017. If the firm’s projections play out, investment for the year will hit £5.1 billion, an increase of 28% over 2016.

The current popularity of UK seaside hotels is reminiscent of the Victorian era – the UK’s seaside towns are enjoying a significant revival.

Scarborough in North Yorkshire is an excellent example. According to Visit Britain figures, the county as a whole enjoyed a 4.56% rise in tourism in 2016, with a 15.52% rise in total visitor expenditure. Scarborough’s majestic Harland Hotel is one of those properties reaping the benefits.

From its commanding position overlooking Scarborough’s south bay, The Harland offers rooms for investment from £60,000, with 10% NET income for the next decade. Then there’s the 125% defined buy-back option.

“The Harland Hotel is precisely the kind of location that investors are seeking out in the UK. Investors are keen to tap into this increasingly lucrative market. At a time when other types of residential investment are being squeezed in terms of the profits they can offer, seaside hotels offer an exciting opportunity to take advantage of a range of market conditions.”

Ray Withers, CEO, Property Frontiers

The story is the same in Woolacombe, North Devon, voted Britain’s Best Beach by TripAdvisor for 2015 and 2016. Rooms at the Atlantic Bay Hotel are being snapped up by domestic and international investors alike, as the ongoing potential of the British seaside tourism market becomes increasingly apparent. A survey conducted by CBRE earlier this year found that the UK had the most appealing market in Europe when it came to hotel investment.

“Brexit will take time but the wheels of the economy will still turn and there is no doubt that the UK’s particularly strong economic fundamentals will further underpin investor confidence in purchasing UK property.”

Miles Gibson, Head of Research, CBRE

Visit Britain projects that the UK tourism sector will grow by 3.8% per year between now and 2025. As tourism growth continues to outpace that of the country’s overall economy, the seaside hotel sector looks set to continue being one of the main beneficiaries.

 

For more information on investment opportunities around the world, contact Property Frontiers by visiting www.propertyfrontiers.com or calling +44 1865 202 700.

 

Bellis Homes offers families Much Moore from their new Hertfordshire village homes

Bellis Homes offers families Much Moore from their new Hertfordshire village homes

United Kingdom , ,
  • Bellis Homes offer homebuyers lifetime family membership of the Henry Moore Foundation
  • Henry Moore Foundation celebrating 40 years in Much Hadham, Hertfordshire
  • Brand new Magna House & Millers View offer modern living experience with hints of historic flavor in keeping with the area (Bellis Homes)

Celebrating the launch of their latest new homes, family-run house builder Bellis Homes is offering buyers of either Magna House or Millers View, located in the charming English village of Much Hadham, Hertfordshire, lifetime family membership of the Henry Moore Foundation.

The Henry Moore Foundation was founded by the renowned sculptor and his family 40 years ago to encourage public appreciation of the visual arts with the Studios & Gardens located in Perry Green, Much Hadham where Moore died on 31st August 1986.

Henry Spencer Moore, born 1898, was debatably the most internationally distinguished sculptor of the twentieth century and one of the most important British artists. Moore’s work can be seen all over the world and he is renowned for his semi-abstract monumental bronzes.

Born in Castleford, Yorkshire and after serving in the British Army and training to be a teacher he decided to study at The Royal College of Art, London. This decision paid off as by the 1950’s Moore was already receiving several international commissions.

In 1977 the Henry Moore Foundation, a registered charity, was established for education and promotion of the fine arts with an Institute in Leeds for the study of sculpture and the headquarters at Moore’s former estate in Perry Green, Much Hadham which today supports a range of different artistic movement’s as well as preserving the Moore legacy.

With such a milestone anniversary being celebrated this year, Bellis Homes felt it would be fitting to offer lifetime family memberships for any buyer of their brand new Much Hadham developments – Millers View and Magna House.

 

“Much Hadham might be a small village in Hertfordshire but it holds a rich history appearing as far back as the Doomsday Book and has been home to a number of notable residents, not least Henry Moore. As we introduce these two beautiful new homes to the village, we want to embrace and support the past as well as enable new residents to become part of the local community through lifetime family membership of the Henry Moore Foundation at Perry Green.”

 

Henry Fordham, Director, Bellis Homes

 

Situated between Ware and the large market town of Bishop Stortford, in the countryside of East Hertfordshire Magna House is extremely well connected being just 23 minutes from Stanstead Airport, 13 minutes from the M11 and 37 minutes from the M25.

The single detached house has been finished to the highest specification with modern touches throughout but its external design remains in keeping with the historic nature of the area with a pitched roof, dormer windows, bay windows and traditional timber and brick elements. The ground floor boasts a large living and entertaining area whilst 6 bedrooms are set over two floors with 4 having their own en-suites. The master bed is complimented with a walk-in wardrobe and the basement area holds a fully equipped cinema and gym.

 

Although Magna House is a new build property, we have strived to incorporate several design features which fit with the historic village through small but effective touches such as the bay windows”.

Henry Fordham, Director, Bellis Homes

 

 

Magna House is on the market at £2.45m whilst Millers View will offer, upon completion, four semi-detached and one detached home in a similar style as Magna House from £1.3 million.

 

For more information, contact Bellis Homes on 01279 424 733 or visit www.bellishomes.co.uk.

 

———————–ENDS—————————–

 

 

About Bellis Homes

 Bellis Homes is an upmarket luxury home builder, with over 40 years of experience in construction, developing and project managing. From London to the Home Counties, Bellis Homes specialises in selecting upmarket developments in some of the most sought-after locations.

With fantastic resources they have built up an impressive portfolio ranging from £250,000 to £16m. The exclusive developments range from luxury executive homes, revolutionary airspace developments, intimate family households and creative renovations.

 

www.bellishomes.co.uk

Top of the Props: Foreign buyers flock to US property

Top of the Props: Foreign buyers flock to US property

United Kingdom United States

US top of charts in 4 of last 6 months

  • Cyprus now 3rd most popular, 2nd month in top 5
  • France takes 4th following election
  • Canada climbs back into top 10

 

Foreign buyers continue to flock to US property in 2017, reveals TheMoveChannel.com’s latest Top of the Props index. The USA accounted for 1 in 12 enquiries on the portal in May, stealing the top spot back from Spain.

America has consistently been one of the most sought-after destinations among foreign investors in recent years, ranking number one in TheMoveChannel.com’s Top of the Props charts for four of the last six months. After months of battling Spain for the coveted first place, the USA once again came out on top in May, pushing its rival down into second. The country made up 8.44 per cent of all enquires on the international portal in May, up from 4.87 per cent in April.

Spain’s share of enquiries fell from 10.4 per cent in April to 4.31 per cent, although its share remained higher than a year ago (4.03 per cent). Interest also grew year-on-year in Cypriot property, with the island’s share of activity soaring from 0.38 per cent in May 2016 to 3.35 per cent in May 2017. This is the third month in a row that enquiries have increased for real estate in Cyprus, as buyers continue to return to the island. Cyprus is now the third most popular destination on TheMoveChannel.com, marking its second month in the Top 5.

In mainland Europe, France enjoyed a flurry of activity following Macron’s election victory, climbing five positions to seize fourth place. French property accounted for 2.63 per cent of enquiries in May, up from 1.67 per cent in April. The Top 5 was completed by the UAE, which also surged five places up the chart to re-enter the top tier, accounting for 2.12 per cent of enquiries.

Portugal, meanwhile, slipped two places into sixth, accounting for 1.85 per cent of enquiries. Bulgaria also dropped seven places in the charts, but remained in the Top 10, after a significant increase in interest from buyers in the last year. Eighth place Italy’s share of enquiries dipped from 1.91 per cent to 1.69 per cent, but the country remains in the same place as a year ago. Interest climbed in Canadian real estate, which rose nine places into seventh. This is its 2nd month ranking in the Top 10 this year, after interest weakened in the second half of 2016, following the introduction of a tax on foreign buyers in the Vancouver region.

The rise of the USA occurs as the National Association of Realtors forecasts that foreign buyers and immigration are expected to drive future demand for housing in the country. This week has also seen the Federal Reserve decide to raise interest rates for the second time this year, with another hike potentially on the cards before the end of 2017.

TheMoveChannel.com Director Dan Johnson comments: “America’s housing market continues to enjoy a strong and stable recovery in the eyes of investors. As demand outstrips supply across most of the country, property prices have now risen year-on-year for 62 months in a row, according to the National Association of Realtors. Buoyed by the positive sentiment in the US economy, with the Federal Reserve raising rates for the third time in seven months this week, the country’s investment appeal shows no sign of fading. Florida, California, New York and Texas are all popular among foreign buyers, but with the dollar strong against other currencies, enquiries from investors on TheMoveChannel.com are fuelled primarily by interest in Detroit and Florida, where prices remain below their previous peaks, despite strong capital growth in the last year.”

Click here to see the full top 40 property destinations for June 2017.

 

— ENDS –

Notes to Editors

About Lead Galaxy and TheMoveChannel.com

Founded in 1999, www.TheMoveChannel.com is the leading independent website for international property, with more than 1.4 million listings in over 100 countries around the world, marketed on behalf of agents, developers and private owners.

TheMoveChannel.com is one of more than a dozen international property sites operated under the Lead Galaxy brand. Lead Galaxy provides online marketing solutions to thousands of property companies worldwide, focusing on portal listings, email marketing, qualified leads, paid search and social media advertising.

The business is headquartered at 24 Jack’s Place, Corbet Place, Shoreditch, London, E1 6NN.

——————————-

Do you need comment or statistics for an international real estate article? Our experienced editorial team and management are happy to collate data, provide example properties, or offer insightful comment to support your publication.

Please contact Ivan Radford on ivan.radford@themovechannel.com or +44 (0)207 952 7221

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Please contact Ivan Radford on ivan.radford@themovechannel.com or +44 (0)207 952 7221

Buyers dig Digbeth as new homes attract the creative community

Buyers dig Digbeth as new homes attract the creative community

United Kingdom World , ,
  • West Midlands creative industries growing at more than twice the pace of those in London (Creative Industries Federation)
  • Under 25s account for 40% of population, making Birmingham one of youngest cities in Europe (Visit Birmingham)
  • New Moseley Gardens development perfect for Digbeth’s millennials (Surrenden Invest)

 

When it comes to the perfect recipe for property buyers, Birmingham’s Digbeth has all the right ingredients. The area is a trendy, thriving hub of digital and tech prowess, with a community of millennials looking to rent stylish homes at the heart of the action.

Digbeth’s digital credentials were showcased earlier this month during Digital Digbeth Day, part of the BBC Digital Cities Week. Events focused on game-changing developments in the digital tech sector, from 3D scanning to virtual reality, with Digbeth’s bright young residents showcasing their credentials to maximum effect.

“The sense of creativity and innovation in Digbeth is enormous. The area is brimming with talent and not just in the tech sector. Digbeth’s creative industry credentials are seriously strong and have helped it to become one of the trendiest areas of the UK in recent years.”

Jonathan Stephens, Managing Director, Surrenden Invest

 

According to the Creative Industries Federation, the UK’s creative industries are worth £87 billion. That’s more than the country’s car or aerospace industry. The West Midlands has put much into developing its creative sector – creative industry jobs there grew by 38.7% between 2011 and 2015 (more than double the growth rate of London, which stood at 15.6%).

At the same time, big things are expected of Birmingham’s new Metro Mayor, Andy Street, whose strategy for growing the city’s economy looks set to have a positive impact on housing, transport and skills, as well as other areas of urban life.

Then of course there’s the High Speed 2 (HS2) rail network, which Transport for West Midlands sees as a catalyst for enhanced prosperity and growth for regional locations like Digbeth.

The combination of all of this has created a magnet-like effect in Digbeth, with highly skilled, highly ambitious millennials flocking to the area to work and live. Nearly 40% of Birmingham’s population is now under the age of 25, making it one of the youngest cities in Europe, according to Visit Birmingham.

“The influx of millennials has done much to re-shape Digbeth’s property market, at a time when Birmingham property prices and residential land values are already showing solid growth. As a result, the city has become a hotbed for property investors seeking strong yields and excellent capital growth potential.”

Jonathan Stephens, Managing Director, Surrenden Invest

 

Developments like Moseley Gardens are pitched perfectly for style-conscious millennials looking for a city centre location in Birmingham’s hottest regional rental market. Specifically developed for the shared rental market, the contemporary apartments offer the ideal blend of location and luxurious living, all just ten minutes’ walk from New Street Station.

“Demand for residential investment properties of this stature in Birmingham is so strong that many are purchased within mere hours of launching. Birmingham – and the Digbeth area in particular – is one of the most dynamic property markets in the UK right now.”

Jonathan Stephens, Managing Director, Surrenden Invest

 

Apartments are available from £138,000, for further details, visit www.surrendeninvest.com, email info@surrendeninvest.com or call 0203 3726 499.

This summer’s most exhilarating investment!

This summer’s most exhilarating investment!

United Kingdom
  • New Afan Valley Adventure Resort to cover 485 acres in South Wales
  • Visitors set to generate £6.5 million of consumer expenditure per year
  • Luxury lodges available to investors looking to be part of the immense project from £149k
The brand new Afan Valley Adventure Resort is set to bring massive economic benefit to South Wales.
£130 million of investment will create 1,000 full time jobs and it is estimated that visitors will generate £6.5 million of consumer expenditure per year which will be spent on site and within the local area.
Just ten miles south of the Brecon Beacons, mid-way between Cardiff and Swansea, the outstanding natural beauty of Afan Valley will be the location of ‘the world’s ultimate outdoor adventure’ covering some 485 acres.
From high octane flights down zip wires, to scaling challenging climbing towers and exploring treetop playgrounds, visitors will be offered an adventure experience like no other.
“Afan Valley Adventure Resort will offer activities for the whole family. From seasoned adrenaline junkies to those looking to try paint balling, go-karting and water zorbing, there’s plenty to do for everyone.
“Another unique appeal is the Alpine Zone, home to a wealth of invigorating and challenging snow sports activities. The area has all the thrills of a popular and traditional ski resort complete with lifts, time gates, slalom courses, tubing, moguls, ski-school, toboggan runs and finishing the day with a backdrop of music, fireworks, professional ski displays and the bustling alpine bars are just some of the amazing selling points to this multi-million-pound project.”
Jean Liggett, CEO of Afan Valley investment agency Properties of the World
A superbly designed 100-room hotel and 400 elegant lodges, along with high end restaurants, bars, retail outlets and Rejuvenation Centre plus a host of other activities (mountain biking, a luge track, roller-skating and more) will complete the impressive offering.
The luxury 2 – 4 bedroom lodges are available from just £175,000 through Properties of the World. Managed by an experienced resort operator, the lodges will be leased out to holiday makers earning the owners an 8% NET return for 7 years as well as the opportunity to enjoy 2 weeks free personal usage per annum.
The team behind Afan Valley have committed from the outset to associating only the best international brands and global icons with their undertaking – hence the recruitment of the ultimate adventurer Bear Grylls to represent the adrenalin-fueled project and to bring his Bear Grylls Survival Academy. The result will be a truly world-class experience that is set to have a significant impact on the tourism industry in South Wales.
With the Brexit-related reduction in sterling’s value making the UK an attractive holiday destination both to those from overseas and to Brits staycationing, Afan Valley Adventure Resort has come at the perfect time.


For more information, visit www.propertiesoftheworld.co.uk or call +44 (0)20 7624 5555.


Taylor Wimpey España serve up new sea view homes as the Mallorca Open returns 

Taylor Wimpey España serve up new sea view homes as the Mallorca Open returns 

Spain ,
  • WTA Mallorca Open tennis championship returns to the Balearic Island for the second year
  • Mallorca is home to the “Muscles from Manacor” top tennis pro Rafael Nadal
  • New homes with sea views served up just minutes from Manacor by Taylor Wimpey España

The Mediterranean island of Mallorca will soon become a savoury appetizer for the world-famous Wimbledon grass tennis tournament as leading female tennis stars head to the WTA Mallorca Open.

From 18th-25th June some 3,000 spectators will watch professionals including Azarenka, Bouchard, Garcia and Navarro battle it out in the Toni Nadal (uncle and former coach of Rafael Nadal) directed ladies tournament.

Tennis in Mallorca is thriving thanks to its year-round warm climate, high quality court facilities and tennis academies, not to mention local stars such as Rafael Nadal – affectionately nicknamed the “Muscles from Manacor” – raising the profile of the sport.

 

“The world class tennis on show this month at the WTA Mallorca Open, now its is second year, will no doubt draw attention from fans and in turn attract an even wider global audience to come and discover all that Mallorca has to offer.”

Marc Pritchard, Sales & Marketing Director, Taylor Wimpey España

On the south-east coast of Mallorca, just 20 minutes from Nadal’s home and tennis academy in Manacor, leading Spanish homebuilder Taylor Wimpey España, is delighted to present a brand-new collection of just four townhouses all with stunning sea views.

Cala Murada is located between the historic towns of Porto Cristo and Portocolom and only 150 metres from the crystal-clear waters and Blue Flag beach.

With prices started from €399,000 + VAT, these 3 bedroom townhouses, complete with branded appliances such as Panasonic air conditioning and Teka fittings, afford terraces on both the ground and first floors with uninterrupted sea views. Owners will also be able to enjoy a true Mediterranean lifestyle as the homes are surrounded by native plants and trees.

 

For more information please contact Taylor Wimpey España today on 08000 121 020 or visit www.taylorwimpeyspain.com  or more information. If you reside outside of the UK you will need to call +34 971 70 69 72.

 

Millennial Magic! Invest in this UK property hotspot with the largest millennial population outside London

Millennial Magic! Invest in this UK property hotspot with the largest millennial population outside London

United Kingdom World , , , ,
  • Manchester is the UK’s leading regional creative talent market (CBRE)
  • Manchester homes to highest number of millennials (CBRE)
  • Growing trends from millennials for an urban waterside living (Surrenden Invest)

 

Research by CBRE has revealed that Manchester is proving to be the most sought after location for millennials.

According to the research, the collective characteristics of locations with creative success include pools of highly educated graduates, good transport links, proximity to world class universities and large populations of millennials.

The CBRE Top 25 has revealed Manchester as the leading city in the UK regional creative talent market by some margin and Home Track research found that Manchester continues to show the fastest growth rate of 8.4%, up from 6.3% a year ago. The city currently holds the largest number of millennials along with a pool of highly skilled and creative professionals, in addition it has the largest number of inventive industries.

Manchester also boasts links to several world-class universities with solid computer science and research rankings. As well as these admirable attributes, office, employment costs and earnings to average house price ratios have been found to be relatively reasonable. That is compared a number of South East locations and London.

“Here at Surrenden Invest we receive no end of interest in Manchester and this high demand does not look set to falter any time soon. Manchester is a very up and coming city full of creative flare, aspiration and opportunity – no wonder we have seen such an influx of young professionals! Millennials are taking over the Manchester market.

Jonathan Stephens, Managing Director, Surrenden Invest

 

So where are these millennials calling home within Manchester and hence, where the savvy property investors are also heading?

Jonathan Stephens of leading investment agency, Surrenden Invests, tips the newly regenerated Wilburn Basin, the point where Manchester meets Salford in the south-west of the city.

Built back in 1864, and used a mooring site on the River Irwell, the area played a key role in Manchester’s industrial heritage but as more modern methods of transportation evolved, so the area fell into disrepair. The last 3 years however have seen the three-acre deserted wasteland transformed into highly desirable waterside living with modern homes, ideal for millennials.

“We have witnessed the growing trend for urban waterside living over the past 6 -12 months, especially from young professionals looking for the perfect blend of city living and nature. Wilburn Basin adheres to this trend perfectly and was an instant hit with phase 1 of the scheme being completely oversubscribed and phase 2 selling fast as it nears completion.”

Jonathan Stephens, Managing Director, Surrenden Invest

 

Wilburn Basin, available through Surrenden Invest, compromises of four distinct blocks which vary in stories, all of which offer fantastic views across Manchester city. Each apartment is built to the highest specification and the residential facilities are exceptional including a 24/7 concierge, architecturally landscaped gardens and seating areas around the river basin as well as a gym, cinema, residents lounge and meeting rooms. Prices for units in the current phase 2 start from £165,000.

For more information, visit www.surrendeninvest.com or contact Surrenden Invest on 0203 3726 499.

Landlords’ reliance on Liverpool to deliver high yields shows no sign of abating

Landlords’ reliance on Liverpool to deliver high yields shows no sign of abating

United Kingdom
  • Liverpool voted the number one place to invest in buy-to-let (Totally Money 2017)
  • 70% of inquiries received about urban investments are for Liverpool (Aspen Woolf)
  • “In an uncertain climate, Reliance House offers reliable returns from a reliable market” (Aspen Woolf)

Known as the ‘New York of Europe’, the second city of the Empire, Liverpool has been relied upon by many different people, for many different reasons, over the centuries.

As a maritime employer in the 17th century, through to a place of refuge from the Great Famine in the 19th century, of critical strategic importance to Churchill in World War II and the birthplace of musical icons The Beatles, Liverpool has always delivered and today, this city is delivering for those looking to invest in bricks and mortar.

With its iconic landmarks, historic buildings, growing economy and rising population, it’s no wonder that Liverpool has become the highest ranked city in Great Britain in which to invest in buy-to-let property (Totally Money 2017).

The research by Totally Money went on to reveal that the Liverpool central L7 postcode generated an average buy-to-let yield of 16.23%, far higher than London’s top ranking postcode of E13 (Newham) where the average yield was calculated to be 5.15% and the average asking price £350,000.

“For some time now, Liverpool has been the number one buy-to-let destination of choice for our clients accounting for 70% of all enquiries. Investors have come to rely on the city’s fundamental imbalance in supply and demand, low entry prices and availability of stock in prime city centre locations to deliver high yielding returns.”

Oliver Ramsden, Director, Aspen Woolf

 

One such buy-to-let opportunity in Liverpool that Aspen Woolf’s clients are coming to rely on is aptly named, Reliance House.

Located next to one of Liverpool’s most symbolic buildings, The Liver Building (which itself, as the purpose-built home of the Royal Liver Assurance Group, aided those who had lost a wage-earning relative), Reliance House sees the sympathetic refurbishment of a neo-classical, former commercial building into charming one and two bedroom apartments

Available from just £119,950, Reliance House can be relied upon to offer investors a 7% NET rental income in year one as well as strong capital appreciation from the number one place to invest in Great Britain (according to Totally Money).

 

“In an uncertain climate, Reliance House offers reliable returns from a reliable market. With Liverpool being so favoured, it would be a smart choice for anybody looking to invest be they domestics buyers seeking assured income or those from overseas looking to take advantage of advantageous exchange rates.”

Oliver Ramsden, Director, Aspen Woolf

 

For more information, visit www.aspenwoolf.co.uk or contact Aspen Woolf on +44 203 176 0060.