UK Property options – latest info

As the options for UK property investment change on a regular basis, this page will be updated to provide you with an overview of some of the current developments available to clients.

Please see these articles for information on property investing:

How to invest in UK property without stress

UK property Investment – 10 reasons why it makes sense

Current Property availability – as at 19th January 2023

All are new builds or full refurbishments and that is best for any remote investor. No maintenance issues and all fully in line with current safety rules, especially for any external cladding and H&S certification.

More launches to come in next few months incluuding ones in Sheffield and Edinburgh.

The Bailey – Manchester   new launch 19/01/23

See the section on Excelsior Works below for why Manchester is such a good place to buy investment property right now.

Our latest offering is The Bailey, also in the centre of Manchester and just a mile from the main universities.

This building is being fully refurbished to the latest H&S specifications, with brand new fixtures and fittings throughout.

All apartments are bright and airy with Juliette balconies.

This is a sensible purhase for anyone looking to make money over the medium and long-term. The prices are competitive for the area and it is guaranteed to be popular with tenants.

A copy of the live presentation on 19/01/23 is available upon request.

  • 104 apartments in the building
  • Just one 1-bed at £237,450  (635 sq ft)
  • 102 2-beds from £249, 950 up to £314,950 (624-872 sq ft)
  • 86 parking spaces
  • Reservation fee of £2,500  (refunded on completion)
  • 20% payable on exchange
  • Completion due on 1st November 2023
  • Offer of £1,000 towards legal fees

Get in touch for more information.

Excelsior Works – Manchester

Another development that has completed and is fully tenanted so you can receive an immediate income.

Manchester is the best place to buy in the UK right now and is even forecasted to see positive growth in 2023. There is a huge undersupply of good rental property.
The city has double the population growth of any UK city which bodes well for the future.

Excelsior Works is a converted former bookbinding factory, right on the canal.

  • 30 units available  (108 in the building)
  • One beds from £210,000
  • Two beds from £275,000
  • Curent market rents from £950 up to £1,450 per month
  • 999 year lease
  • NHBC warrant with 7.5 years to run
  • Reservation fee of just £1,000
  • 10% required on exchange of contracts
  • Apartments have floor to ceiling window
  • Communal areas and a roof terrace
  • High spec kitchens and bathroom

Castlefield is a nice area with character. There are a number of restaurants and bars and it is only a 10 minute walk to the city centre.

Manchester is the number one city for growth and jobs and there will be a further 25,000 more jobs to be filled by 2025.

Get in touch quickly if you are interested in one of these apartments, ideal as part of an investment portfolio. I have a copy of a presentation I can send you too.

Manhattan Lofts, Crowthorne Berkshire

Update 12/01/23 – Just two units left!

This is a small development that has already completed so you can get rental  income from outset. The building has 14 flats and, at time of writing, 10 are available but they will go very fast.

A great location in the Berkshire countryside, just five minutes from Ascot, and less than an hour by train into Paddington. Plenty of good employers in the area and tenants are already lined up

Click on image to expand

Prices start at £220,950, up to £236.950.

This is an expensive area and these flats are competitively priced so if of interest, don’t delay.

  • Lease 250 years
  • Peppercorn ground rent
  • All apartments are south-facing
  • Floor to ceiling windows
  • Parking space with all units
  • Reservation fee £2,500
  • Exchange deposit 20%
  • Mortgages available

We know that there is a huge shortage of quality rental property across much of the UK and this is very much the case here. Crowthorne is close to several major town with large employers, as well a commutable to London.

Get in touch quickly if you are interested in one of these highly desirable apartments, ideal as part of an investment portfolio.

 

 

 

 

 

Transport Works – West Bromwich

A brand new launch of a very competitively priced development in West Bromich, just 14 minutes by tram from Birmingham city centre.

This is a real ‘pocket of value’ and with all the investmennt and redevelopment in the area, this is an opportunity to get in early. There is a distinct shortage of this type of quality property in the area.

  • Studios £118-135,000       *these are  large with a dividing wall, so pretty much a 1 bed
  • 1 beds £137-154,000
  • 2 beds £177 – 204,000       The upper floors have duplex 2 bed apts

 

 

 

 

 

 

 

 

  • 99 year lease
  • No ground rent
  • Reservation fee of £5,000
  • Deposit of 20% (less reservation fee)
  • Completion due September 2023
  • Estmated yield of 6%. That’s a realistic figure as we won’t upsell
  • Boutique development of just 45 apartments

This is an opportunity to buy into a good value development  just outside of the UK’s second largest city. There are large number of overseas students and young professionals in need to quality rental property and there is even a linked rental and full management facility if required. That makes it minimum hassle for overseas investors.

The area has recently undergone a major transformation with its New Square development, a £200m investment injection into the town centre providing modern shopping and leisure facilities for West Bromwich. Additionally, there is a 20-year masterplan approved by Sandwell Council which will result in retail diversification, land acquisition and cycling provision for the area – making it an even more desirable residential location and backing up the strong growth forecasts for the area (15.9% growth over the next four years) by Savills.

London – Greenwich

This is a superb development in zone 2, right by Blackheath Common. We are offering apartments in the sixth and final phase of the materplan.

The area has great accessibility with several stations nearby. Just 11 minutes to Waterloo or London Bridge, 9 minutes to Liverpool Street, 15 minutes to the West End. Cycle friendly too and easy access to the City for the young professionals who are the perfect tenants.

A choice of studios, one and two bed aparments but these studios are really big at 477 sqft, with separate bedroom areas that can easily be partitioned.

Click to enlarge this image to see prices and sizes.   Ask me for details of floor plans.

Some parking spaces are available as an extra with the two bedroom apartments but few people in this area will have cars as they are just not needed with the great public transport options.

Benefits include

  • 999 year leave
  • NHBC warranty
  • Energy efficient
  • Low service charge ane peppercorn ground rent
  • Just six floors in the building
  • Concierge service, gym, tennis court and residents lounge/co-working space
  • All apartments have generous balconies
  • Floor to ceiling windows and greenery on all sides

The area has been a good amount of regeneration and has excellent potential.

Get in touch for more information.

NEW LAUNCH!   – Brighton & Hove

One, two and three bed apartments in Hove. Prices from £362,450. Yields up to 7.7%. 999 year lease. High spec. Deposit of 20% required.

Manchester – Pavillion Wharf

Another new offering but with forecasted house price growth of 23.5% with rental growth of 15% in Manchester by 2026, for very good reasons. The economy in the area is strong with plenty of demand forthis type of rental housing.

This high end building is just 4 minutes to Deansgate and 10 minutes to Piccadilly station. It is located right on the river Irwell, so a very appealing location to young professionals, not least as the developments includes co-working spaces, a gym, concierge and a residents’ lounge

Prices:

1 bed: £199,950- £237,750

2 bed: £299,950 – £339,250

3 bed: £353,750 – £369,250

Click on this image to enlarge to see how smart it is looking.

 

To learn more about this development and why Manchester makes sense, watch this video of our recent presentation. Pavillion Wharf Launch:  webinar September 2022

Update 22.09.22  Over 60% of the units have been sold, including all the one bedroom apartments. Always best to get in quickly!

York  – a new launch in the historic city of York.  It’s a beautiful city and property tends to hold its value well here. Due to the number of visitors, this would be a great investment if you offer short-term lets.

A development of 62 stylish apartments over five stories, I expect this to be popular. Prices start at £271,723.

The building has a fully-equipped gym, a concierge service, smart technology in every apartment, and landscaped communal roof terrace.

Not far from the centre, this development is ideal as a long-term rental proposition but will also work well for shorter-term lets and if you decide to do that, we estimate rental yields could reach over 13%.

 

Manchester – a city centre development with completion dates from August of this year so ideal if you want to start earning quickly.

More info here: UK property investment with completion August 2022

I can send you a copy of the presentation upon request.

Manchester is a vibrant city, and is deservedly popular with both residents and investors. There is a shortage of quality rental property, the city has been undergoing regeneration, and it has a student retention rate of 70%, the highest in the UK. These graduates are your ideal tenants.

Super high-quality apartments which are large at 799 sqft. Rental yields of around 6% and prices from £328,000 up to £370,000.

We also have other developments in Manchester and this is a great place to be looking for investment right now.

Supply and demand is a cornerstone of economics and the reality is that across much of the UK, property demand exceeds supply. That is not going to change overnight; indeed it won’t change for years in some areas.

This article in The Guardian that shows that Manchester, and around, is the place to invest in property.

The Guardian 14/07/22 Private rents in UK reach record highs with 20% rises in Manchester

Burton-on-Trent – Just a few units left in this low-cost but good value development

28/11/22 Offer – free legal fees for a limited period

Launched 29th June, this is a stylish conversion which will complete in February/March 2023.

  • Studio apartments £78,222
  • One bedroom apartments £143,000
  • Two bedroom apartments £158,000

Yields of 6.78% pa . 999 year leases.

Burton-on-Trent is a lovely green area and a short commute to Derby, Nottingham and Birmingham.

Check out the video for more and get in touch to reserve your new property without delay.

This was from a while ago and it is well underway and looking good. Up to date images available upon request.

Bolton –  sold out within a couple of weeks.   (Two units back on market so ask for details)

Units all rented to the NHS so a ‘guaranteed’ income makes this very attractive.

Hull – A boutique development twith  few units left  A lovely conversion of a brick brewery and just 31 units, priced from £119,000 for a studio, £153,000 for a one-bed and from £198,000 for a two-bed apartment.

Completion is due in May 2023 and just 15% required on exchange of contracts.

Hull has come on in leaps and bounds in recent years and in 2018 was named Most Improved City. There is a massive undersupply of housing and there is a strong investment case for buying here.

Preston   Just two units left

Just a handful of properties left in this stylish development. Very attractively  priced from just £205,000 for a two-bed apartment.

Completion due in Q3 2023.

Birmingham – a stylish development by the canal as part of a regeneration project. Birmingham has really changed in recent years. Just 80 units, all super stylish and including Poggenpohl kitchens. One, two and three bed units, all of which are large and no two are quite the same, with completion due in Q2, 2023.

These are very high-end so started at £284,950 but with high expected yields. Current availability from £304,950.

We have a number of developments in Birmingham so ask or more.

Non-UK property investment

We often have developments in Germany and in the USA (Florida) so if these are of interest, please contact me for information.

Tax planning for UK property ownership

There are several advantages in owning a property via a limited company but in the past many were negated by the cost of setting up and managing it, as well as the hassle, but I can introduce you to a great company that arranged structures to asist with your long-term tax planning.

Due to taxes on change of ownership (same as buying and selling UK property), this is not usually a viable option for existing owned properties, but if you are considering buying in the UK, or have only exchanged contracts, this may be ideal for you.

 

To arrange a discussion about investing in property, or on any aspect of your personal financial planning, please email me at keren@holbornassets.com I run my own set-up under the Holborn Assets umbrella.

This is part of the holistic personal financial planning service and that I provide to expats, and the general consumer, financial and legal information that I provide in The National newspaper, on radio, and on the Facebook group British Expats Dubai.

Please take a look at the other useful articles on this website.

 

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