Studio flat for sale

Exchange Point, Chapel Street, Manchester, Greater Manchester, M3

£193,907

Property Description

Key features

  • Perfect for buy-to-let investors
  • Located in the UK's top investment city- Manchester
  • Unrivalled city centre location and quality
  • High quality finish from award winning developer
  • Earn rental returns 63% higher than London
  • Earn double-digit capital appreciation
  • Flexible use options - live in it yourself or rent it out
  • 10 year build guarantee
  • High speed Wi-Fi included
  • Full management services available

Full description

Tenure: Leasehold

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 proper ties 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


More information from this agent

Listing History

Added on Rightmove:
07 February 2018

Nearest stations

  • Manchester Victoria (0.2 mi)
  • Market Street (0.4 mi)
  • Salford Central (0.4 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Cushman & Wakefield, Manchester

1 Marsden Street, Manchester, M2 1HW

0161 468 0185 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Manchester Victoria (0.2 mi)
  • Market Street (0.4 mi)
  • Salford Central (0.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Cushman & Wakefield, Manchester

1 Marsden Street, Manchester, M2 1HW

0161 468 0185 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference ExchangePointStudio. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Cushman & Wakefield, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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