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Global Properties

Studio in Manchester, United Kingdom No. 408

$ 262 935
Studio Rooms
Manchester, United Kingdom
Parameters
Rooms
Studio
ID
408
Address
Laurence Place, Exchange Point
Type
Apartment
Property description
Exchange Point from Origin Homes

Origin Homes' flagship development, Exchange Point is the latest addition to the £1 billion portfolio of leading UK developer Select Property Group. It offers you a high-performance investment and the ultimate cosmopolitan lifestyle.

As one of the most prominent buildings in Manchester 's most important location, Exchange Point architects have delivered a modern, technology-enabled development that draws on the site's significant past .
The building is inspired by Exchange train station, with the residential proper ties romantically stacked luggage-like across 17 storeys.

Finished to Select Property Group's signature high quality modern standard - Exchange Point will be one of the most sought after residential addresses.

Situated in Manchester 's newest neighbourhood, a prime central location next to the city 's central business and retail districts.Offering buyers complete flexibility. An easily rentable, sellable and financeable asset , Exchange Point has mass appeal among first-time buyers, short-term renters and city dwellers, meaning investors can exit for strong capital appreciation in addition to accumulated rental returns.

Combined sustainable capital growth and regular high yields have made the UK a safehaven for international investors - and Manchester in particular is attracting worldwide interest .

CITY CENTRE LOCATION:
Manchester 's attractions are on the doorstep of Exchange Point. Residents will enjoy convenience and a premium lifestyle.

QUALITY ASSURANCE:
A Select Property Group brand, Origin Homes benefits from the extensive experience our designers and architects have brought to our other award-winning properties.

OPTION TO MORTGAGE:
Enjoy Origin Homes' flexible purchase options. Choose between purchasing either directly outright , or with a mortgage.

OPTION TO MANAGE:
While on-site management and building maintenance is integral of all our brands, Origin Homes
offers several rental management options. Like traditional rental properties, you can let Exchange Point personally. However, if this isn't viable, the developers expert rental team can manage and tenant it , enabling a fully hands-off investment . They have vast experience driving rental premiums across Manchester. Alternatively, you can utilise the services of any 3rd party you wish.

Embankment West

Located on the historic site of Exchange Station, Embankment West is rich in heritage, an area where inventors, scientists and artists lived. Now it's at the heart of some of the UK's largest central business and retail districts,home to VIPs and A-list celebrities, and offers a lifestyle no other Manchester location can match.

The location and wider investment will drive rental premiums and capital growth ahead of the already strong Manchester market.

About the developer

Select Property Group creates extremely successful property brands, designed specifically to appeal to undersupplied markets. Now we've created Origin Homes. Designed for the traditional private rented sector - the UK's largest market segment - Origin Homes combines the highest quality accommodation with unrivalled locations to deliver a superior city living experience. Laurence Place is the flagship development.

Anticipated completion: Q1 2020

3-Year staged payment plan: 50% on completion

As with all Select Property Group investments, investors retain 50% of their capital until completion:

- £5,000 reservation fee + £495 admin fee
- 25% on contract exchange
- 25% in November 2018
- Balance on completion (less reservation fee)

A 5-YEAR ROI OF 96.6%
As it is located in the prime location of the UK's investment capital, if used for pure investment
purposes, Laurence Place is forecast to achieve much higher returns than the market average.

HASSLE-FREE EXPERT LETTINGS OPTION
Not only is Exchange Point developed and sold by Select Property Group, we can also let and
maintain the properties on your behalf. Expert hospitality professionals across their other brands
have helped deliver year-on-year yield growth for their existing investors and it is a service that is
especially useful to overseas investors.

Full investor benefits:

- Maintenance of apartment
- All costs associated with marketing and letting properties included
- The management of tenants and their payments
- Furniture packs available 3 months prior to completion
Features
Features
  • Safe
  • Finished
  • Mortgage
Statistics Manchester
$ 5 166
Price per m²
159
Quality of Life Index
70
Cost of living Index
Parameters
[:second_city:]
Manchester
Difference
Monthly Rent Cost
1-Room Apartment
$ 1 679
2-Room Apartment
$ 1 249
Apartment Purchase Price per m²
In the City Center
$ 5 166
Outside the City Center
$ 4 703
Crime Index
56
Cost of Living and Rent Index
57
Purchasing Power Index
118
Property Price to Income Ratio
7
Safety Index
44
Traffic CO₂ Index
4750
Traffic Inefficiency Index
171
Rent Index
40
Health Care Index
75
Groceries Index
68
Pollution Index
53
Traffic Commute Time Index
39
Restaurant Price Index
76
Climate Index
87
Cost of Living Index
70
Quality of Life Index
159
Traffic Index
158
Restaurants
Meal, Inexpensive Restaurant
$ 20.25
Meal for 2 People, Mid-range Restaurant, Three-course
$ 94.48
McMeal at McDonalds (or Equivalent Combo Meal)
$ 10.80
Domestic Beer (0.5 liter draught)
$ 7.42
Imported Beer (0.33 liter bottle)
$ 6.75
Coke/Pepsi (0.33 liter bottle)
$ 2.61
Water (0.33 liter bottle)
$ 1.77
Cappuccino (regular)
$ 4.82
Markets
Milk (regular), (1 liter)
$ 1.60
Loaf of Fresh White Bread (500g)
$ 1.96
Eggs (regular) (12)
$ 3.73
Local Cheese (1kg)
$ 11.65
Water (1.5 liter bottle)
$ 1.65
Bottle of Wine (Mid-Range)
$ 10.80
Domestic Beer (0.5 liter bottle)
$ 2.68
Imported Beer (0.33 liter bottle)
$ 3.47
Cigarettes 20 Pack (Marlboro)
$ 21.33
Apples (1kg)
$ 3.24
Chicken Fillets (1kg)
$ 9.08
Oranges (1kg)
$ 3.84
Potato (1kg)
$ 1.81
Lettuce (1 head)
$ 1.34
Rice (white), (1kg)
$ 2.12
Tomato (1kg)
$ 4.06
Banana (1kg)
$ 1.86
Onion (1kg)
$ 1.78
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 18.39
Transportation
One-way Ticket (Local Transport)
$ 2.70
Monthly Pass (Regular Price)
$ 119
Gasoline (1 liter)
$ 1.88
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 39 001
Taxi Start (Normal Tariff)
$ 4.59
Taxi 1km (Normal Tariff)
$ 2.19
Taxi 1hour Waiting (Normal Tariff)
$ 30.77
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 41 300
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 307
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 43.46
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 18.87
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 3 365
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
5%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 47.83
Tennis Court Rent (1 Hour on Weekend)
$ 17.90
Cinema, International Release, 1 Seat
$ 13.50
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 97.97
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 43.23
1 Pair of Nike Running Shoes (Mid-Range)
$ 92.27
1 Pair of Men Leather Business Shoes
$ 105
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 1 529
International Primary School, Yearly for 1 Child
$ 20 697
Contact seller
Contact seller

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