DEVELOPMENT PORTFOLIO - SPRING/SUMMER 2021 - Surrenden Invest
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
DEVELOPMENT PORTFOLIO
S P R I N G / S U M M E R 2 0 21
T h e h o m e o f yo u r p o r t f o l i o
Surrenden Invest is a go-to investment consultancy for clients looking for asset-backed, full service investment opportunities. We deliver a national
portfolio, working with some of the largest regional and national developers in the UK. Our staff blend a national outlook with local expertise.
We don’t believe in a ‘one size fits all’ approach, so our team of property professionals work at the forefront of regional opportunities, while delivering
expert national coverage. We take an in-depth view of regional markets so that we can deliver unique opportunities to our clients and better meet their
investment requirements.
With our exclusive portfolio, regional coverage and expert consultants, Surrenden Invest has established itself as the go to property investment
consultancy of choice for investors looking to capitalise on the UK’s lucrative property market.
Property investment across the UK Our commitment to you
Our partnerships enable us to present our clients with the very ASSET BACKED INVESTMENT OFF MARKET DEVELOPMENTS
best of the UK’s buy to let market, that would ordinarily only Feel confident in your investments We specialise in off market property
be available to institutional investors. Before we launch a new with clear registered legal title and works with some of the largest
development, we undertake extensive due diligence, to ensure our facilitated through a UK solicitor. developers and exclusive property
clients can invest with utmost confidence. We balance a regional portfolios in the UK.
focus with a national outlook, working with investors to meet their
individual needs. STRONG SUSTAINABLE DEMAND HANDS-FREE MANAGEMENT
We undertake extensive market End-to-end investment management
research to ensure our projects are services allowing you to leave the day-to-
located in high demand growth areas. day running of your portfolio to our team.
Welcome to LONDON & THE COMMUTER BELT House Prices in London’s commuter belt areas continue to rise on an upward trajectory providing huge potential for capital growth. According to research the average cost of a property in London’s traditional inner commuter belt (In towns such as Woking, Sevenoaks and St. Albans) has rocketed 313% over the past 20 years, during the same period, the recently considered and discounted, outer London commuter belt areas (Such as High Wycombe) have increased by a marginal 9.7%. In the past year house prices in High Wycombe were 5% up on the year before and 20% up on 2015 when property prices averaged at £286,297. The town was ranked in the Top 10 Commuter Hotspots by TotallyMoney out of 116 commuter towns with the second highest satisfaction level. The report which analyses factors such as journey time, average house price, season ticket cost and life satisfaction, frequently ranks the town within the Top 10. (‘Top 10 Commuter Hotspots’ by TotallyMoney). The unwelcomed ‘£5k club’ is something that an increasing amount of Londoners are experiencing as they are having to reluctantly pay £5,000, sometimes even more, for a train season ticket per year. By choosing to live in a more suburban area, however, people could reduce their travel costs by over a half. With soaring living costs and property prices, Londoners are making serious lifestyle changes in order to save for a property. In recent years, this has put a spotlight on possible commuting towns as Londoners migrate for a better standard of living. As the UKs leading buy-to-rent consultancy Surrenden have exclusive access to the best opportunities in London and the South East.
C O M P L E T E D R E A D Y T O R E N T A P A R T M E N T S
ASTON HOUSE
GERRARDS CROSS, LONDON COMMUTER BELT
AS FEATURED IN:
OVERVIEW FAST FACTS
Aston House is a collection of 32 luxury apartments in a prime location in Gerrards Cross, a popular commuter
town in Buckinghamshire.
STARTING FROM
Within easy reach of London, the apartments offer an ideal setting to enjoy the best of Gerrards Cross, as well as
engaging in the myriad social, cultural and economic opportunities that living so close to the Capital provides.
£365,000
Few commuter belt locations offer such a contrast to the pace of London life as Gerrards Cross, with the local area - 32 one and two bedroom
boasting places such as the Chilterns, Stoke Park, Harrow School, Cliveden House, Brunell University all within a 20 apartments available
minute drive. Local amenities within walking distance include The Prestigious Gerrards Cross Lawn Tennis, a Monthly - Bright, contemporary apartments
Farmers Market, Waitrose, Marks & Spencer, Independent Restaurants, Bars and an Everyman Cinema.
- Prime commuter town
Voted second in the Evening Standards list of top commuter towns, Aston House provides contemporary homes in
- 20 minute direct train to London
a unrivalled location. Gerrards Cross itself is a prime London commuter town hosting multiple transport links into
central London, including a 20 minute direct train journey into London Marylebone as well as being located less than - 2 miles from the M40/M25
two miles from the M40/M25 motorway intersection making driving into the capital very straightforward. motorway intersection
The average asking rent at present in Gerrards Cross is £3,572 pcm, according to Zoopla’s January 2019 figures.
- Floor-to-ceiling windows
For one-bedroom homes, the average is £957 pcm, while for two-bedroom homes it is £1,436 pcm. The development - Luxury furniture packs available
boasts floor-to-ceiling windows and a mix of classic and Juliet balconies, the light-filled homes of Aston House
deliver the perfect setting for contemporary living.
C O M P L E T I O N F E B R U A R Y 2 0 2 1 LONDON COMMUTER BELT
OVERVIEW FAST FACTS
The Old Works offers an appealing mix of 228 one and two bedroom apartments, located in a prime position in
the UK’s wealthiest County, Buckinghamshire. The Old Works will make the perfect home for any commuting
PRICES FROM GROSS RENTAL YIELD
professional. Locations like High Wycombe are few and far between; an area that allows you to experience all
of the benefits of the UK’s capital (in 30 minutes via train) whilst paying considerably less for the price of a £206,500 5.5%
property and benefiting from Commuter Belt living.
House Prices in London’s commuter belt areas continue to rise on an upward trajectory providing huge potential - Prime commuter belt location
for capital growth. According to research the average cost of a property in London’s traditional inner commuter
- Completion February 2021
belt (In towns such as Woking, Sevenoaks and St Albans) has rocketed 313% over the past 20 years, during the
same period, the recently considered and discounted, outer London commuter belt areas (such as High Wycombe)
- 30 minutes to Marylebone, London
have increased by a marginal 9.7% (FT Adviser, 2018).
In the past year house prices in High Wycombe were 5% up on the year before and 20% up on 2015 when property - 10% below market comparable values
prices averaged at £286,297. (Rightmove, April 2018).
- SDLT savings of up to £15,000
Priced 10% below the public release, these apartments additionally provide an unrivalled opportunity to benefit
from the SDLT holiday ending in 31st March 2021, creating SDLT savings of up to £15,000.
2
3
THE OLD WORKS
THE OLD WORKS
Welcome To
The Old
Works
The Old Works offers a dynamic collection of new-build
studio, one and two bedroom apartments in a prime
position. It’s attractive location amongst excellent local
amenities and superb transport links, places The Old
Works as a premium new home.
When complete, The Old Works will boast 228 high
specification apartments as well as commercial space. At
the heart of the town centre and just a short walk from
Bucks New University, it will become a fundamental
development in High Wycombe, adding to the rich and
diverse architecture that surrounds the newly redeveloped
High Wycombe town centre. Only a mile away from High
Wycombe Station with direct links to London, The Old
Works will make the perfect home for any commuting
professional.
Locations like High Wycombe are few and far between;
an area that allows you to experience all of the benefits
of the UK’s capital (in 30 minutes via train) whilst paying
considerably less for the price of a property.
Welcome to BIRMINGHAM As the most quickly improving place to live and work in the UK, Birmingham attracts more people moving from London than any other city and is also at the centre of one of the largest Business, Professional & Financial Services clusters in Europe. Recent large -scale relocation activity from London include Deutsche Bank, Deloitte and notably HSBC who relocated over 1,000 key staff to their newly purpose -built offices at a cost of £200 million. Additionally, Birmingham is home to the highest percentage of flexible office take up in the UK, providing modern workspaces for start-ups, tech companies and freelancers. Birmingham has undergone significant regeneration over the past couple of decades, with ambitious projects transforming the city centre. The planned HS2 high speed rail network is driving further change, providing Birmingham with an exciting future. Woven throughout these regeneration projects is the changing shape of Birmingham’s residential housing, which is developing to meet the needs of contemporary residents in this bustling, world-class city. With a growing population of young professionals and a significant amount of job opportunities, Birmingham is also seeing a boom in the city ’s build-to-rent sector. The city is home to four universities with exceptional retention rates, which continues to increase rental demand. Because of the city ’s major growth, as the UK’s leading investment consultancy Surrenden Invest have exclusive access to the best buy-to-rent opportunities in the UK’s second city
C O N S T R U C T I O N U N D E R W A Y HINCKLEY, BIRMINGHAM
OVERVIEW FAST FACTS
Located in Leicestershire’s second largest market town, Hinckley is flanked by two major cities,
Birmingham and Leicester. Due to this proximity (within 30 minutes), Hinckley has fast become a
commuter hotpot, and is also becoming extremely popular with young professionals and first time buyers. PRICES FROM NET RENTAL ASSURANCE
Hinckley ’s central location within the UK, has meant the property market also sits in the middle, with average
£110,000 5.0%
property values more like the North. That said, it is far enough South to benefit from the considerably more
buoyant economy of the South-East, and is proving to be a great investment option. - Construction Underway
Hollybush House consists of just 12, one and two bedroom apartments and is located in central Hinckley - Superior Specification Inside & Out
walking distances to the Train Station and anywhere in the Town Centre.
- 10% Forecasted Capital Growth For 2021
Construction starts spring 2021 and will complete Q2 2022 delivering much needed modern new homes to a
market that is changing fast. - Completion April 2022
On a limited number of sales investors will receive 15% early bird discount as well as a 4 year turn-key - Superb transport links
management contract delivering a 5% NET annual rental assurance.
- Picturesque villages & rolling countrysideC O N S T R U C T I O N U N D E R W A Y JEWELLERY QUARTER, BIRMINGHAM
OVERVIEW FAST FACTS
FitySixty is located in the centre of Birmingham’s most sought after residential district, the Jewellery
Quarter walking distance to anywhere in the city centre. The developer has been meticulous with every
aspect of the development to ensure each apartment offers 20% increased net usable space, increased PRICES FROM YIELD
ceilings heights with floor to ceiling windows and Juliet balconies looking out across the city centre or £190,000 6.0%
landscaped courtyard gardens.
Every design decision has been made with future residents of the utmost priority, ensuring the apartments - Highly Sought After
are future proofed and set a new standard of living not just for today, but for whatever surprises and Jewellery Quarter Location
transformations that might be on the horizon.
- Construction Underway
The Jewellery Quarter is a bustling hub of creative businesses, restaurants, bars, venues and apartments.
Home to an electric and continually evolving community y of long standing locals and newcomers, the Jewellery
- Superior Specification Inside & Out
Quarter ’s vibrant streetscapes play host to an exciting mix of old and new Because of the city ’s major growth,
as the UK’s leading investment consultancy Surrenden Invest have exclusive access to the best buy-to-rent - 10% Forecasted Capital Growth For 2021
opportunities in the UK’s second city.
FiftySixty offers unrivalled investment potential for long term capital growth and above average yields. - Completion January 2022C O N S T R U C T I O N U N D E R W A Y BIRMINGHAM, MIDLANDS, ENGLAND
OVERVIEW FAST FACTS
No. 76 is a prime Birmingham residential development, offering 34 spacious, luxurious apartments in an
outstanding B1 city centre location. Buy to let Birmingham opportunities don’t come much better than this! Just
two minutes from Birmingham New Street Station, Grand Central, Bullring and even closer to the upscale Mailbox, PRICES FROM YIELD
No. 76 enjoys an ultra-prime inner city location that will delight residents and deliver superb returns for investors. £179,995 6.0%
The one and two-bedroom apartments at No. 76 have been designed to capitalise on their location, offering
elegant, stylish homes to the city’s ambitious young professionals. This off plan property UK opportunity will see - B1 super prime location
residents at the heart of the action.
- Just 15% deposit required
Directly opposite Concord House – home to Birmingham’s most expensive apartment, a penthouse that sold for
£1.8 million – No. 76 is located on the city’s new ‘Millionaires’ Row.’ Residents have the very best that the city has
- 300 metres from The Mailbox
to offer right on their doorstep, as well as being well positioned to benefit from a number of major regeneration
schemes that are underway in and around the city centre, from the £350 Smallbrook Queensway redevelopment to - Boutique development comprising
the £1.1 billion Arena Central and Paradise Birmingham projects. of just 34 apartments
As at January 2019, Birmingham is leading the UK in several respects, including the performance of its housing
market. Prices in the city have risen by 16% since the Brexit vote in June 2016 – more than any other urban area. - 15% below present market comparables
Over the past five years, they have risen by 29.51%. No. 76 is perfectly positioned to enable investors to take
advantage of this trend.C O N S T R U C T I O N U N D E R W A Y
NO.425
H A G L E Y R O A D
BIRMINGHAM, MIDLANDS, ENGLAND
AS FEATURED IN:OVERVIEW FAST FACTS
No. 425 Hagley Road is an ideal opportunity for Professionals & Investors that want city-centre living with the
countless benefits that Harborne provide. Voted one of the ‘best places to live’ in the Times in 2018 & 2019, it STARTING FROM RENTAL YIELD
represents the ultimate in luxurious city suburb living.
£149,000 5.5%
Located 3 miles west of Birmingham City Centre, Harborne is now considered one of the most aspirational suburbs
of Birmingham. Harborne benefits from exceptional transport links resulting in journey times of just 10 minutes to - Construction Underway
the City Centre and will also benefit from the first phase tram extension scheduled to open May 2021.
- Just 15% deposit required
It is well documented just how well the “go to suburbs” of Greater Birmingham are performing. Fuelling this growth
- Superb transport links
in Harborne are the exceptional transport links and access to some of the best Grammar and Private schools in the
- A collection of 28 beautifully
country. As a result property and rental growth has out stripped that of the city centre in recent months.
presented apartments
Harborne will be one of the first suburbs to benefit from Phase 1 of the Tram Extension which opens May 2021
- 10% Below market comparable values
bringing the City Centre even closer to No. 425 Hagley Road. The local area is home to no less than 7 Primary
schools and 8 Secondary Schools classed as Good/Outstanding by Ofsted within a 1.5 mile radius from No. 425 - Voted the coolest place to live
Hagley Road. in the UK 2019
No 425. Hagley Road is ideally positioned to benefit from pretty much every acknowledge contributory to top
performing residential property market.Welcome to MANCHESTER Manchester has long been regarded as the UK’s go-to market for buy-to-rent investors who have enjoyed sustained year on year rental and capital growth. Values in the centre of Manchester have nearly doubled since 2008 and rental values have increased year on year by over 6%. Manchester has risen to global prominence for a number of reasons. The modern, striking architecture of the city has given it a new, dynamic feel, while balancing beautifully with a warm, welcoming population. According to the Economic Intelligence Global Liveability Index, Manchester is the most liveable city, outstripping London, Edinburgh and all other UK cities. Now, the UK’s second major city Manchester continues to develop at an extraordinary rate, with an ever evolving skyline of unique architectural buildings being testament to this. The Manchester residential property market is booming, and it’s not set to slow down anytime soon. This significant growth wouldn’t be possible without the influx of professionals seeking convenient rental accommodation in Manchester city centre. In fact, Generation Y (those born in the 80’s and 90’s) makes up 89% of the city ’s population growth, which fuels the growing demand year after year. The challenge now for investor is to find pockets of Manchester that are still undervalued and primed for long term rental and capital growth. As the UK’s leading investment consultancy Surrenden Invest have exclusive access to the best buy-to- rent opportunity’s in Manchester.
C I T Y C E N T R E L O C A T I O N MANCHESTER, ENGLAND
OVERVIEW FAST FACTS
Osborne Yard is one of the first developments located in the heart of Manchester City Councils £4 billion
Northern Gateway master plan. Nestled in the centre of the 155 hector site to the north of Manchester city
centre between Victoria Station, Noma and the Northern Quarter. STARTING FROM RENTAL YIELD
Just steps away from Osborne Yard, is Ancoats, a Manchester neighbourhood ranked as one of the trendiest places £170,000 6.0%
to live by Time Out Magazine. The neighbourhood and an extensive marina that’s perfect for running, biking, or
just enjoying the natural beauty of the area. - Located only 0.5 miles from
Osborne Yard offers the best of both worlds—peaceful living with easy access to the vibrant sights, sounds and Manchester City Centre
tastes of Manchester’s world famous neighbourhoods. Everything from groceries to yoga and artisan roasted coffee
is within easy access. - Located in the centre of £4 billion
northern gateway master plan
With public transportation on the doorstep with one of the UK’s busiest bus routes and the Metrolink network 5
minutes walking distance, it’s easy to explore all that Manchester has to offer. Whether you’re in the mood to sip - Extensive 15-year developer
a locally crafted beer, eat fresh Vietnamese street food or dine in Manchester’s only Michelin star restaurant since track record
1977, Mana. The city is full of market leading hospitality services, just minutes’ walk from Osborne Yard, attracting
the city’s elite and foodies from all over the world. - One of our highest specification
developments to date
Osborne Yard offers one of the last opportunities for buy-to-rent investors to lock out apartments at sub £300 per
square foot within walking distances to anywhere in Manchester City Centre.
As the UK’s leading investment consultancy Surrenden Invest have exclusive access to the best buy-to-rent
opportunities in Manchester.C O M P L E T I O N J A N U A R Y 2 0 2 2
T O W N
S Q U A R E
A T E C C L E S
M A N C H E ST E R , N O R T H W E ST, E N G L A N DOVERVIEW FAST FACTS
Town Square is a collection of just 41 beautifully presented apartments with a resident roof top garden
set within in the tranquil urban village of Eccles occupying a prime site with excellent transport links to
STARTING FROM RENTAL YIELD
Central Manchester.
£131,000 6.0%
The development has a superior specification and finish throughout, with branded appliances in the kitchen
and bathrooms and will raise a new standard of living in a market that’s expectations are changing fast.
- UK’s Top Performing 2020 Market
Recent figures released by Rightmove confirmed Eccles as the UK’s top performing market reporting a rise in
property values of 16% for the period from January 1st, 2020 to December 14th, 2020. - Under 1 Min Walk to
Eccles benefits from nearly every acknowledged contributory to a top performing residential property market Metro/Train Station
benefiting from excellent transport links and academic credentials. Located just five miles west from Central
- Completion January 2022
Manchester, our newest project is just 12 minutes by train to anywhere in the city centre and there are 24
schools within a 2-mile radius rated good or outstanding by Ofsted. - Exceptional Rail/Road transport Links
Because of Eccles excellent investment potential as the UK’s leading investment consultancy Surrenden Invest
- 10% Forecasted Capital Growth
have exclusive access to the best buy-to-rent opportunity in this undervalued pocket of Greater Manchester.
For 2021Welcome to NEWCASTLE Newcastle is one of the UK’s core cities. It offers a compact and attractive city living experience, with a wide range of employment options and leisure pursuits. It has its own distinctive culture and is home to the unique Geordie dialect. Newcastle remains one of the most affordable buy-to-rent locations in the UK. With average prices 14% lower than Manchester, the city has started to attract an increasing number of buy-to-rent investors looking for greater capital growth and yields than the “go to” regional cities for investment can now offer. As investment into the city continues Newcastle residential property prices are on the rise. Consequently, property prices have experienced 78% growth since 2000, underpinned by continued investment into the city and an increased demand for housing. Newcastle property price index only recently surpassed their 2007 peak in September 2019 compared to other cities such as Birmingham, London and Manchester who returned to their pre - GFC peak within a few years of the credit crunch recovery. This means that Newcastle is primed for sustainable year on year capital and rental growth. Because of Newcastle’s major growth, as the UK’s leading investment consultancy Surrenden Invest have exclusive access to the best buy-to-rent opportunities in this undervalued pocket of the UK.
C O M P L E T I O N N O V E M B E R 2 0 2 1 A R C A V E N U E GATESHEAD, NEWCASTLE
OVERVIEW FAST FACTS
Located on the bank of the River Tyne looking across Newcastle’s picturesque skyline, Arc Avenue is a thoughtful
refurbishment of a Grade II former railway boiler shop, offering a standard of living you just don’t get with new STARTING FROM RENTAL YIELD
build apartments.
£115,000 6.5%
Arc Avenue is a beautifully executed conversion comprising of just 58 charming one and two bedroom apartments
ideally located on the south bank of the Tyne River no more than a short walk to anywhere in Newcastle city centre. - Grade II Listed Period Conversion
Newcastle is one of the UK’s core cities. It offers a compact and attractive city living experience, with a wide range of
employment options and leisure pursuits. It has its own distinctive culture and is home to the unique Geordie dialect.
- Located On The River Tyne
Newcastle remains one of the most affordable buy-to-rent locations in the UK. With average prices 14% lower than - Completion November 2021
Manchester, the city has started to attract an increasing number of buy- to-rent investors looking for greater capital
growth and yields than the “go to” regional cities for investment can now offer. - 15% Below Market Comparable Values
As investment into the city continues Newcastle residential property prices are on the rise. Consequently, property
prices have experienced 78% growth since 2000, underpinned by continued investment into the city and an increased - Construction Underway
demand for housing.LOCATION MAP
A R C A VE N U E
W O RS D ELL D RI V E
G AT ES HEAD
NEW CAS T LE
NE8 2D F
F IF TY S IX TY
JE WE LLE R Y QUAR TE R
T OW N SQU A R E
BIR M IN GH AM
ECCLES
B3 1 TT TOWN
SQUARE MANCHES T ER
AT E C C L E S
M30 0D F
76 HOLLOWAY HEAD
BIRMINGHAM OSB OR N E Y A R D
B1 1NG 271 O LD HAM RO AD
MANCHES T ER
M40 7PS
NO.425 HAGLEY ROAD
NO.425 BIRMINGHAM,
H A G L E Y R O A D MIDLANDS H OL L Y B U SH H OU SE
B17 8BL U PPER B O ND S T
HI NCK LEY
LE10 1RH
BIRCH HOUSE
LEIGH STREET
HIGH WYCOMBE
ASTON HOUSE
HP11 2QT
54 OAK END WAY
GERRARDS CROSS
SL9 8BRLondon Office London Office: 0203 3726 499 15 Stratton Street info@surrendeninvest.com Mayfair www.surrendeninvest.com London W1J 8LQ W e ma ke n o r ep r es entation or warranty of any kind with regar d t o t he i nf or m at i on c ont ai ne d i n t hi s b r oc hur e and none of t he i nf or m at i o n s h a ll b e t r ea t ed as financial advice. The inf ormation is not an i nv i t at i on t o i nv e st and y ou m ust r e l y e nt i r e l y on y our own i nv e st i gat i ons a nd d u e d ilig en c e b efore making the decision to invest. Any op i ni ons e xp r e sse d i n t hi s d oc um e nt ar e not st at e m e nt of f ac t s.
You can also read
