Regent Plaza Manchester

Regent Plaza is a landmark residential development with prices starting from £135,000, offering 6% NET return for 2 years.

HIGHLIGHTS:

  • Prices from £135,000
  • Completion: Q4 2020 (Phase 1) Q4 2022 (Phase 2)
  • 6% NET rental return for 2 years
  • Manchester City Centre Location
  • 250-year lease
  • Stamp duty paid
  • 24-hour reception and concierge
  • Deposit protection bond in place

 

INTRODUCTION:

On the edge of Regent Road, Salford, Regent Plaza is the epitome of glamour and craftsmanship, only a stone's throw away from Manchester City Centre, offering a healthy 6% NET return for two years. Selling from £135,000 Regent Plaza, located in the emerging creative quarter, is a contemporary living space, complete with modern architecture, ideal for the ever-increasing young professionals residing in the community.

525 units across 5 blocks, ranging from 1,2 and 3 luxury bedroom apartments and 3-bedroom townhouses, the well-lit apartment block with a warm-toned furniture palette integrates colourful features.

 

OVERVIEW:

With a wide selection of luxury one-bedroom, two-bedroom and three-bedroom apartments, Regency offers landmark indulgence with a healthy return for investors. Designed to welcome a warm and comfortable atmosphere, the furniture palette adopts a neutral tone to complement the contemporary aesthetic of the property's exterior. The superb apartments offer a stunning spaces with double glazed ceiling to floor windows, fully carpeted bedrooms, keyless entry and fully fitted contemporary kitchens and bathrooms.

Offering a living space that welcomes community, Regent Plaza includes a state-of-the-art private gym and residents lounge. To encourage ease the property boasts communal podium level gardens and courtyard, to complement the 24-hour concierge service.

With close access to major transport routes, Regent Plaza is ideal for the commuter traveling in and out of Salford. Greater Manchester and the inner-city centre are served by an extensive bus and tram network. The tram system has undergone a major overhaul and is now the largest in the UK. Media City UK has a dedicated Metrolink station which connects residents and commuters across Manchester and Salford.

 

PAYMENT STRUCTURE:

  • Reservation: £2,000
  • Exchange (of the total purchase price, inclusive of furniture pack and car parking): 30%
  • Completion: 70%

 

FINANCIALS:

Regent Plaza offers its investors 6% NET yield for 2 years.

See table below for an example of the amount of returns you could earn:

Please note these figures do not take into account capital growth. We predict Manchester will increase significantly and terms of capital growth over the coming years. These figures below are based off today's estimated yield.

 

UNITYEAR 1YEAR 2
£135,000£8,100£16,200

 

WHY INVEST IN MANCHESTER?

Manchester is rich in heritage with both local and international modes of transport to support the established economy of the city. With the largest airport outside of London, flying to over 25 destinations, Manchester is identified by overseas investors as a source of opportunity, with major strategic developments.

Manchester is identified by overseas investors as a source of opportunity, with key developments including Media City UK, home to one of the largest regeneration schemes in the UK with Beijing Construction Engineering Group, the Cooperative's £800m Noma, and the new £750m First Street development, offering a compelling blend of culture, retail and leisure.

The success of Spinningfields, the Canary Wharf of the North, has inspired further growth and regeneration in central Manchester. Most recently, to jump on the development bandwagon is St John's, a creative village to be established in the heart of the city.

Manchester's property market is enjoying steady growth, thanks to the swift increase of the city's population and a backlog from several ears of a lack of housing supply. With JLL projecting rent increases of 4.2% across Manchester over the coming five years, and the city being home to one of the highest proportions of private returns in the UK. Manchester offers solid credentials as one of the most promising buy-to-let locations in the UK.

 

For further details call (0)20 8445 6542 or email info@tarquinjones.com.

 

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Contact Us

Headquarters

Balfour House, 741 High Road,
North Finchley, London, N12 0BP

Call Us

+44 (0)20 8445 6542

Email Us

 info@tarquinjones.com

info@tarquinjones.comRegent Plaza – Manchester