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.

Make a splash this summer in the Venice of the North with the brand new Royal Canal Works

Make a splash this summer in the Venice of the North with the brand new Royal Canal Works

United Kingdom ,
  • Manchester house prices predicted to grow 28.2% by 2021 (Hometrack)
  • Around 4,000 jobs set to be created in the Manchester region over the next 5 years (Savills)
  • Up to 25% boost in house prices from the restoration of canals (Canal & River Trust)
  • Waterside living in Manchester from just £105,000 (Surrenden Invest)

Growing faster than any other city in the UK, it is predicted that house prices in Manchester will grow by an impressive 28.2% by 2021 according to Hometrack.

In addition to residential property growth, Manchester is expected to see faster office-based growth employment than Greater London and all key UK regional cities over the next five years reports Savills.

Increasing demands from a range of sectors such as media and technology are estimated to create around 4,000 jobs in the Manchester region over the next 10 years, with demand for housing also rising in line with this progression.

With one of the highest population densities outside the capital, living space within Manchester is at a premium forcing housebuilders to seek alternative areas of the city within which to build new homes.

Known as the “Venice of the North” due to its miles of canals (including the 36-mile long, 19th century Manchester Ship Canal which at the time was the largest river navigation canal in the world), Manchester holds a long and affectionate history with its waterways and now views them as pivotal to the making of the city once again.

Millions have been spent on clearing and restoring Manchester’s waterways, enabling formerly derelict canal side land to be put back into use thus creating communities with space, leisure activities and high living standards.

Indeed, a report by Dr Nicholas Falk for URBED found that the urban waterfront is a vital part of national heritage and the Canal and River Trust suggest that property values can be boosted by as much as 25% from the restoration of canals.

“Waterfront living provides welcome breathing space for people living in overcrowded communities. Living on a canal has and always will hold great appeal; the calming nature of being close to the water combined with the leisure activities available makes homes such as those at Royal Canal Works a true urban oasis.”

Jonathan Stephens, Managing Director, Surrenden Invest

Royal Canal Works, available through leading investment agency Surrenden Invest, is a brand-new canal side development adjacent to the tranquil suburb of Choltorn – one of the most sought after areas to live in southern Manchester.

A stunning contemporary collection of 43 beautifully appointed one and two bedroom apartments with private terraces and waterfront views, Royal Canal Works offers architecturally landscaped gardens and a courtyard along with secure parking and CCTV.

Being just 15 minutes from the city centre, Royal Canal Works boasts city standard living but all of the perks of life in the suburbs. The apartments are expected to be highly prized by families and young professionals who have been priced out of the city centre but are not prepared to compromise their standard of accommodation.

Apartments are available from just £105,000 with an attractive 6% NET yield. For more information, visit www.surrendeninvest.com or contact Surrenden Invest on 0203 3726 499.

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.

Birmingham property market ahead of the Capital as demand outweighs supply by 15 to 1

Birmingham property market ahead of the Capital as demand outweighs supply by 15 to 1

United Kingdom
  • Birmingham ranked higher than London in relation to house price growth (Knight Frank)
  • In Birmingham we have experienced an increasing level of interest, approximately 15 buyers to every unit (Surrenden Invest)
  • New “B5” development on Birmingham’s Southside offers highly sought after B1 postcode (Surrenden Invest)

With the new tax year now in full swing many B2L investors will be reassessing their portfolios and future residential offerings in relation to the government’s removal of financial relief.

How much of an impact this will have on the UK’s property market is yet to be determined. However, many cities across the country are still providing investors with enticing opportunities, sure to encourage a positive year for the market.

And currently it’s the UK’s regional cities with the most to offer. According to Knight Frank’s most recent Global Residential Cities Index, both Birmingham and Manchester are ranked higher than London in relation to house price growth.

Jonathan Stephens, Managing Director of property consultancy Surrenden Invest, is confident that the introduction of the government’s tax changes will not dampen the growing positivity surrounding the UK’s regional property market. He explains,

“Whilst there may be a slight sense of uncertainty surrounding the B2L market as these tax changes are introduced, we expect them to deter only a minimal amount of investors, with the majority of the market continuing as normal. We have just launched a number of exciting projects that will appeal to great deal of investors and ensure a consistent growth within the market. 

“In Birmingham alone we have experienced an increasing level of interest, with approximately 15 buyers to every unit available. And this demand does not look set to falter anytime soon. Birmingham is benefiting from substantial investment in infrastructure and development and extensive job creation as many businesses move to the city. We would expect demand to continue on a positive trajectory, especially in prime, central locations in both Birmingham and Manchester.”

Surrenden Invest’s most recent addition to the Birmingham market is the contemporary B5” development on the city’s Southside, boasting the sought after B1 postcode. This area attracts a wealth of young families, professionals and tourists who are all keen to experience its creative and urban atmosphere.

The iconic Bull Ring Shopping Centre is just a couple of minutes’ walk away and with New Street station only a 5 minute walk away, “B5” offers an excellent living opportunity to a growing rental market. With prices starting from just £155,000, all 100 apartments have been specifically designed for the shared rental market and will include features such as video entry access control, custom built kitchens and hard wood flooring.

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

Derelict to desirable: Regeneration breathes new life into Manchester’s Wilburn Basin

Derelict to desirable: Regeneration breathes new life into Manchester’s Wilburn Basin

United Kingdom
  • Wilburn Basin offers investors an average price per sq ft 30% lower than similar developments (Surrenden Invest)
  • When complete Wilburn Basin will comprise four distinct blocks varying in height from 8 to 21 storeys (Surrenden Invest)
  • Phase one already complete and rented out and the second due this summer (Surrenden Invest)

It was only a short time ago that Manchester’s Wilburn Street Basin was nothing more than a neglected patch of wasteland. However, the area has recently experienced a radical transformation and is now home to a contemporary residential hub.

Surrenden Invest, a property consultancy at the forefront of this movement, believe Manchester’s thriving property market has led to areas outside the city centre undergoing significant redevelopment. Managing Director Jonathan Stephens explains,

 

“Areas of the city historically seen as outside the core are now providing investors with all the amenities and quality of prime central but at a much lower price point. The Wilburn Basin is the perfect example.

“Falling on the Salford side of the Irwell means that investors are looking at an average price per square foot that is 30% lower than similar developments within a couple of minutes’ walk.”


Wilburn Basin is a brand-new residence situated on the historic River Irwell Basin. It offers an attractive waterside setting to residents in the city centre, within a short walking distance of the central business district and its excellent array of shops and leisure facilities.

When complete Wilburn Basin will be comprised of four distinct blocks varying in height from 8 to 21 storeys which offer fantastic views across the city, setting a new benchmark for combining city centre living with high quality facilities and private amenity space.

Jonathan continues,

 

Wilburn Basin is a project investors can go into with complete confidence with the first phase already complete and rented out, and the second phase completing this summer, whilst also benefitting from the experience and build quality of Manchester’s largest developer.

“This is an area earmarked for substantial capital growth and given the location, will be perfectly suited to take advantage of both Media City and the city centre.”


From just £165,000, all apartments are built to a high specification with Porcelanosa kitchens and Villeroy and Boch sanitaryware. Additional facilities include a private gym, cinema room, a ‘boutique’ hotel style reception with 24 hour concierge and a residents’ lounge. As well as architecturally landscaped gardens and courtyard.

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

All that glitters is gold as Chinese New Year brings Golden Week property investors to Manchester

All that glitters is gold as Chinese New Year brings Golden Week property investors to Manchester

United Kingdom World
  • Chinese New Year flight bookings to Europe up 68.5% on last year’s festival (ForwardKeys)
  • Chinese interest in Manchester property in Nov 2016 increased by 53.8% vs 2015 (Juwai.com)
  • “Golden Week provides prospective investors with time to travel and explore Manchester before making property purchases” (Surrenden Invest)

This weekend will celebrate the start of Chinese New Year festivities as the country welcomes the year of the Rooster.

Chinese New Year, also known as Spring Festival, holds over 4,000 years of history and is the most important annual event in the Chinese calendar. The holiday also commemorates the first Golden Week of the year, as Chinese nationals enjoy seven continuous nonworking days.

Golden Week is also an opportunity to travel overseas and new figures released by travel experts ForwardKeys show that Chinese New Year flight bookings are up nearly 10% compared to last year. And it seems that Chinese tourists are returning to Europe with a 68.5% increase in flight bookings compared to the same festival period in 2016.

Many wealthy Chinese even combine business and pleasure by taking a holiday that enables them to investigate overseas’ property markets first hand.

Juwai.com, a Chinese property portal for buyers looking to invest in property overseas, stated that in November 2016 Chinese interest in Manchester property had increased by 53.8%, compared to the same month in 2015.

Jonathan Stephens, Managing Director of leading property consultancy Surrenden Invest, has certainly noticed a rise in Chinese buyers directing their investment toward Manchester. He explains,

“Interest for the local property market has increased from Chinese buyers with Manchester’s credentials as an investment hotspot continuing to grow, not only leading the Northern Powerhouse but also challenging London as the buy-to-let capital of the UK.

“Chinese New Year provides prospective investors with the time to travel and explore the Manchester market before making final property purchases. We expect buyers from China to take this opportunity and believe that as interest in the market continues to rise, many will make Manchester their top destination of choice.”

Surrenden Invest’s most recent development in the heart of Manchester, Mason Street, is one such investment opportunity that Chinese buyers visiting this Golden Week might consider.

Embracing modern low-carbon technology to ensure the building is one of the city’s most energy-efficient, Mason Street is located in the historic New Cross neighbourhood, just a short walk from the Northern Quarter. Mason Street will provide a new lease of life for one of Manchester’s heritage buildings as it is transformed into 10 high end apartments from £200,000, with a 2 year guaranteed NET rental return of 6%.

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

Manchester goes green – Airport significantly reduces energy usage & city centre properties follow suit

Manchester goes green – Airport significantly reduces energy usage & city centre properties follow suit

United Kingdom
  • Manchester airport becomes first carbon neutral airport in the UK
  • From 1st April 2018 it is unlawful to rent a property with poor energy efficiency rating
  • Mason Street uses low-carbon tech to be one of the city’s most energy-efficient properties (Surrenden Invest)

After a decade of striving to significantly reduce its energy usage and investing more than £7.5 million in efficiency projects, Manchester airport has become the first carbon neutral airport in the UK.

By installing more than 25,000 low energy LED lights throughout the airport, including the first on any UK runway, and saving the same amount of energy as used by 10,000 homes each year, Manchester airport has been awarded carbon neutral status (Level 3+), certified by the independent carbon management programme Airport Carbon Accreditation.

Ken O’Toole, CEO of Manchester Airport commented, “At Manchester Airport we are committed to being one of the leading European airports when it comes to environmental management. As an organisation we recognise that climate change is an important global challenge. This achievement demonstrates the lengths we go to ensuring we balance our role as economic generator, alongside caring for the environment.”

And now this sentiment of protecting the local environment through energy efficiency is emerging as essential within the UK property market, and more importantly to its investors. New legislation, due to take effect from 1st April 2018, will make it unlawful to rent a property with a poor energy efficiency rating.

With properties currently graded from A to G, any property rented out in the private rental sector will require a minimum energy performance rating of E on an Energy Performance Certificate (EPC). However, there are opportunities arising within Manchester city centre that provide energy efficient solutions to investors, making the impending legislation a redundant worry.

Property consultancy Surrenden Invest’s most recent development in the heart of Manchester, Mason Street, uses modern low-carbon technology to ensure the building is one of the city’s most energy-efficient.

Jonathan Stephens, Managing Director of Surrenden Invest, comments,

“This expected change to legislation for buy-to-let landlords will cause savvy investors to seek out opportunities that already meet the new requirements, a future-proof investment. With a Band A energy efficiency rating, Mason Street is win-win, allowing investors to benefit in terms of enhanced rental yield and a “future-proof” investment and ultimately its residents to profit from significantly lower running costs.”

Located in the historic New Cross neighbourhood and just a short walk from the Northern Quarter, Mason Street will provide a new lease of life for one of Manchester’s heritage buildings as it is transformed into luxury, contemporary living spaces.

This modern, low-carbon property will host 10 high end apartments from £170,000, with a 2 year guaranteed net rental return of 6%.

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

New Year, new investment – the most intriguing asset classes of 2017

New Year, new investment – the most intriguing asset classes of 2017

United Kingdom World , , ,
  • Care homes and hotel investments set to make their mark in the New Year (Properties of the World)
  • Commodity trading will attract a host of new traders in 2017 (easyMarkets)
  • Buy-to-let continues to entice virgin property investors (Surrenden Invest)
  • Undiscovered areas of Spain tipped for growth in 2017 (Kyero.com)

New Year is almost upon us – time to turn over a new leaf. For investors, New Year can serve as the inspiration for broadening their portfolio and discovering the benefits of new asset classes. In that vein, let’s take a look at some of the most intriguing asset classes and investment models of 2017.

Jean Liggett, pioneering CEO of Properties of the World, is quick to promote the benefits of care home investment in 2017. She explains,

“We’re going to see care home investment taking off in a big way in 2017. It’s an interesting asset class as it’s one of those rare investment models where absolutely everyone wins. The UK’s population is ageing and we need to build more care homes, providing superior accommodation that affords comfort and dignity to our citizens as they age.”

Investing in a care home can provide individuals with impressive returns. Wagon’s Way in Tyne and Wear, which is available for investment from £58,500, offers circa 8% NET rental returns for 25 years. The sustainable investment model carefully balances the needs of the investor, those living in care, their families, the community, care professionals and the Care Quality Commission (the UK’s regulatory body for care homes). This ethical balance makes care homes a particularly intriguing asset class for 2017.

Hotel investment is also coming into its own. At Caer Rhun Hall Hotel in Conwy, North Wales (rooms available from £75,000), investors have the chance to pick up an asset that will not only generate strong returns (circa 10% per annum) but will also afford them personal usage. There’s also a 125% developer buy-back option for investors’ peace of mind. With a renewed focus on staycations in the UK, hotel investment in 2017 could be big news indeed.

Investing in commodities may also be an exciting option in 2017, according to Evdokia Pitsillidou, Director of Risk Management and pioneering forex and CFD broker easyMarkets. She comments,

“Trading is no longer something that’s only for fulltime traders working in the City. Increasing numbers of individuals are looking to trade for themselves and the appeal of commodities and metals is strong, particularly for those who are new to trading. Gold and wheat are two investments to watch in early 2017, though of course investors need to do their own analysis before they try their hand at trading.”

Naturally, existing strong asset classes will continue to be popular in 2017. Despite the government tinkering with landlords’ incomes through changes to stamp duty and tax on second homes, UK buy-to-let remains a popular way for virgin investors to profit from property. Jonathan Stephens, Managing Director of Surrenden Invest, comments,

“The UK’s housing crisis is still far from resolved. The country has been working hard to increase the rate at which it has been building homes and the latest purchasing managers’ index shows that construction reached a nine-month high in November. Despite this, the Federation of Master Builders has reported that 87% of local authorities don’t believe they will hit the government’s housebuilding targets by 2020. This means that buy-to-let still presents a huge opportunity for those looking to invest in property for the first time.”

Artillery House in Manchester city centre is an excellent example of the kind of property that is attracting virgin buy-to-let investors in large numbers. With 7.5% NET assured return, a comprehensive management programme and a Q4 2017 delivery target with apartments fully furnished and ready to rent, this kind of development allows investors to be truly hands-off.

Finally for 2017, there’s holiday homes as an intriguing asset class. While the concept of buying a holiday home predates even air travel, what’s exciting about 2017 is the range of destinations available. Richard Speigal, Head of Research at leading Spanish property portal Kyero.com has flagged Oliva as an interesting choice for 2017. He explains,

“In terms of broadening the story, I’d pick Oliva out right now. Alicante has long been the epicentre of British buyer activity, but Kyero saw a shift northwards in 2016 to the neighbouring province of Valencia. The reasons are nicely told in the small coastal village of Oliva.

“We were alerted to something happening when the town appeared for 3 months running in our ‘trending destinations’ list, having attracted over 1,500 enquiries since July. For its size, Oliva is punching way above its weight and it seems post-Brexit buyers may have sensed an opportunity, as prices there have been slower to recover than in other areas of Spain. With six miles of beautiful coastline, a cosmopolitan vibe, two international airports an hour away (Valencia and Alicante) and the potential for capital growth, Oliva ticks all the boxes for investment potential in 2017.”

Whether it’s an entirely new asset class or a new opportunity in an established investment model, there’s no doubt that 2017 is going to be an exciting year for investors.

 

For more information, please contact:

Properties of the World: +44 20 7624 5555 or www.propertiesoftheworld.co.uk

Surrenden Invest: 0203 3726 499 or www.surrendeninvest.com

easyMarkets: +44 203 1500 748 or www.easymarkets.com

Kyero: www.kyero.com

 

Winter round-up: the 2017 Where To… list

Winter round-up: the 2017 Where To… list

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  • The best locations for spending your money in 2017
  • Buy a second home in Spain, invest in a hotel in North Wales and holiday in Tenerife
  • Stick with the UK for buy-to-let investment and play the stock market from the comfort of your bed

With one eye on the future and one on the hottest property and location trends of 2016, it’s time to look at the best places to spend your money in 2017. The 2017 Where To… list covers everything from holidays and holiday homes, to property investments and playing the stock market.

Where To… Buy a second home

When it comes to buying a second home, Spain is the obvious choice for many. Post-Brexit vote reports are that property sales and enquiries from British buyers have ramped up noticeably. Leading Spanish property portal Kyero.com has reported record enquiry numbers since the referendum. Head of Research Richard Speigal comments,

“Spain offers a great climate, fabulous food and excellent value for money. Brexit doesn’t seem to have deterred British buyers in the slightest. In fact, it seems to have spurred many on to purchase their dream second home sooner rather than later.”

The golf courses and beaches of the Costa del Sol are ideal for those looking for a second home in Spain. Taylor Wimpey España is offering spacious apartments and townhouses at Horizon Golf near Mijas from €270,000+VAT.

Where To… Invest in a hotel

An up-and-coming asset class, hotel investment looks set to take off in a big way in the UK over the next couple of years. Jean Liggett, pioneering CEO of Properties of the World, comments,

“Hotel investment offers excellent returns and benefits from not being subject to stamp duty. It’s ideal for property investors who are looking to get more for their money.”

Those investing in Caer Rhun Hall Hotel in Conwy, North Wales (rooms available from £75,000), can look forward to returns of circa 10% per annum, 125% developer optional buy-back and two weeks’ personal usage of their hotel room per year.

Where to…Holiday over the winter months

When it comes to winter sunshine, Tenerife is one of the top short-haul destinations for those travelling from the UK. Idyllic beaches with a sea temperature of 21°C and an average December temperature of 17°C, combined with excellent value for money make this an enticing destination. There’s plenty on offer to entertain the whole family all year round, and some outstanding value hotel rooms available over the winter months.

Cheap Holidays Tenerife has rooms available from as little as £93 per night for those looking to stock up on vitamin D before Christmas and from just £98 per night for holidaymakers planning a break in the New Year.

Where To… Invest in a buy-to-let property

Despite the increase to stamp duty on second homes earlier this year, the UK’s buy-to-let market is still faring well. There are plenty of cities around the UK that offer great returns and the potential for capital growth. One of the most exciting for 2017 is Belfast.

Property prices in Northern Ireland remain some 40% below their 2007 peak, but they’re rising fast. Buy-to-let investors with an eye on capital gains as well as healthy yields are examining the market there closely. With Belfast accounting for 43% of Northern Ireland’s total rental transactions, it is the natural choice for those looking to invest in buy-to-let.

The Frontiers’ Collection at The Sandford, located in Belfast’s thriving Titanic Quarter and available through Property Frontiers, offers one bedroom apartments from £114,750 and two bedroom homes from £141,750.

Over in England it is Manchester that is turning heads as a buy-to-let destination. Surrenden Invest is supporting would-be landlords to avoid paying the proposed ‘Green Tax’ by offering the low-carbon technology Artillery House for investment. The contemporary development enjoys a prime city centre location in Manchester’s ‘Golden Triangle’ and will be one of the city’s most energy efficient buildings. The 12 high end, boutique apartments are available for investment from £120,000.

Where To… Play the stock market

If stocks and shares appeal more than bricks and mortar, 2017 could be the perfect time to try out your skills as a trader. easyMarkets is on a mission to democratise trading, making it possible for anyone with an interest in the markets to dabble from the comfort of their own home. Not only do they offer learning resources and regular insights for those who are new to trading, but their innovative dealCancellation product means that losing trades can be cancelled within 60 minutes of making them – perfect for nervous newbies!

 

For more information, please contact:

Kyero: www.kyero.com

Taylor Wimpey España: 08000 121 020 (00 34 971 706 972 from outside of the UK) or www.taylorwimpeyspain.com

Properties of the World: +44 20 7624 5555 or www.propertiesoftheworld.co.uk

Cheap Holidays Tenerife: 0800 0124 300 or www.cheap-holidays-tenerife.com

Property Frontiers: +44 1865 202 700 or www.propertyfrontiers.com

easyMarkets: +44 203 1500 748 or www.easymarkets.com

Chinese love affair with Manchester property to strengthen as government welcomes new investment

Chinese love affair with Manchester property to strengthen as government welcomes new investment

United Kingdom World
  • UK government plans to attract foreign investment from China for new development projects in the Northern Powerhouse
  • Chinese investors interest in Manchester stems from President Xi Jinping visiting the city in 2015 (Chinese diplomat Sun Dali)
  • “Accessibility is crucial for overseas investors… Chinese buyers able to fly in regularly now, sometimes for less than 24 hours, to inspect and purchase property” (Surrenden Invest)

The government announced its desire to attract 5bn of foreign investment for 13 major development projects with the Northern Powerhouse, with specific interest in those investors from China.

These projects include but are not exclusively residential developments; however overseas interest in property located in the North of England has increased significantly throughout the course of this year with Chinese buyers specifically attentive of Manchester’s housing market.

Chancellor Philip Hammond, who is due to reveal his first Autumn Statement next week, has voiced his thoughts on the UK’s relationship with China, explaining the significance of tapping into the current Chinese market as “our trade relationship with China is now more important than ever”.

And it seems Brexit is no deterrent as China’s already healthy appetite for UK property is only growing. According to Chinese diplomat Sun Dali, Chinese investors’ love affair with the Northern Powerhouse, Manchester in particular, began when President Xi Jinping visited the UK’s second city last year.

Jonathan Stephens, Managing Director of leading property consultancy Surrenden Invest, has certainly noticed a rise in Chinese buyers directing their investment toward Manchester. He explains,

“Interest for the local property market has increased from Chines buyers as Manchester’s credentials as an investment hotspot continue to increase, not only leading the Northern Powerhouse but also challenging London as the buy-to-let capital of the UK.

“Accessibility is crucial for overseas investors and with Manchester’s regional airport now welcoming regular direct flights from China, investment to the city is subsequently thriving. We have already witnessed this improved connectivity impact the Manchester housing market, with Chinese buyers able to fly in regularly, sometimes for less than 24 hours, to inspect and purchase property in the city centre.”

Surrenden Invest’s most recent addition to its Manchester’s portfolio is Artillery House. Situated in a prime position in the heart of the city, Artillery House epitomises the kind of modern, luxury development that investors are keen to profit from and tenants are keen to rent.

The low-carbon technology, boutique development in Manchester’s ‘Golden Triangle’ boasts 12 high end apartments from £120,000, with assured returns of 7.5% NET. To discover more about Artillery House, please visit the following link https://vimeo.com/178165870.

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