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

INTRODUCTION

Introducing Regent Plaza, a landmark development on the edge of Regent Road, Salford. The development is just a stone’s throw away from Manchester City Centre and is located in the emerging creative quarter. A new contemporary living space for the ever increasing young, professional and residential community.

Regent Plaza comprises of 525 units over 5 blocks, with a wide range of 1, 2 and 3 luxury bedroom apartments and 3 bed town houses. The interior scheme is designed around a warm-toned furniture palette while integrating bright colours through feature details.

OVERVIEW

Regent Plaza is located between two commercial centres, Manchester City Centre and Salford Media City at Salford Quays. Media City is a new waterfront destination for Manchester, with digital creativity, learning and leisure at its heart. It is the home to the likes of the BBC, ITV, Ericsson, Kellogg's and more than 250 smaller media and digital business.

Regent Plaza is situated right on a major transitory route allowing ease of access when traveling in and out of the area. 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.

Investors will receive a guarenteed 6% NET rental return for 2 years. Prices start from an affordable £135,000 with a wide selection of luxury 1, 2 and 3 bedroom apartments to choose from. Regent Plaza is shaping up to be an excellent investment opportunity, that will without a doubt have keen investors very excited around the world.

PAYMENT STRUCTURE

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

WHY INVEST IN MANCHESTER?

Manchester is rich in heritage, with an established economy and a multi-modal transport network, including the UK's largest regional airport. Manchester Airport is the largest airport outside London, flying to over 25 destinations including four direct flights a week to Hong Kong and 22 flights a week to Dubai.

Manchester is identified by overseas investors as a source of opportunity, with major strategic developments. Key international investments include 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.

Spinningfields, also known as the Canary Wharf of the North provides working space for over 20,000 employees and in recent years has seen the area develop further as a retail and leisure district. Revenue from retail and leisure at Spinningfields increased by 400% between 2008 and 2014. The success of Spinningfields has inspired further growth and regeneration in central Manchester. The neighboring area of St John's is now set for extensive redevelopment that will further transform the area.  A creative village will 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.

FINANCIALS

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

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

Unit PriceYear 1Year 2
£135,000£8,100£16,200
£150,000£9,000£18,000
£200,000£12,000£24,000

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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

joe.roberts@tarquinjones.comRegent Plaza – Manchester