Property Investment Guide: Essential investment information SOUTH MANCHESTER sourcedsouthmanchester.com
Introduction EUROPE S TOP CITY FOR BUSINESS Hi My name is Peter Donoghue, Director of Sourced - an investment-property specialist business based in the affluent area of Altrincham, just a few miles South of the city. In 2014, the Government committed 476.7 Million to boost economic growth in Manchester with another 56.6 Million to be added. That gives a total of 533.3 Million of funding to boost growth, develop infrastructure, create jobs and stimulate inward investment. Manchester is now established as the UK s second financial capital, which has shown a rapid increase in the average household income, creating demand for residential developments in prime locations such as Altrincham, Timperley and Hale. Over the last 5 years, employment in the area has increased and is forecast to grow by around 16% over the next 20 years. Furthermore, salaries have increased 15% over the last 8 years, making the area even more affluent than before. This guide to Manchester highlights the opportunities that this amazing city has to offer, along with the services we provide to help investors achieve their property investment goals. Enjoy, Peter Peter Donoghue Sourced Director T: 0333 123 1330
The Area One of the World s Top 50 Most Livable Cities Known as the Mecca of football, Manchester is home to one of the biggest football clubs in the world, a world class orchestra, a film and TV production industry and a rich music heritage. It is a world class city that offers people a great place to live, work, visit and, critically, it is a fantastic environment for business. The city has an incredible talent pool; its airport and transport infrastructure compete on a global level and it boasts a diverse and high quality portfolio of business properties. Manchester is the birthplace of industry and innovation and its residents are passionate about future prospects. The city is an international business hub that continues to produce pioneers and creative geniuses who drive our economy and help to attract the biggest brands and brightest minds. Manchester is a city of engineers, scientists, artists and industrialists. It attracts the curious, the ambitious and the innovative. Talent-hungry companies choose to invest in Manchester because of the people that choose to live, work and study here. The city is one of the stops on the HS2, currently under construction. This high-speed rail network will have a significant impact on the growth and economy of the city and enable travellers to reach London in 1 hour. Property prices are already being affected, and that is only going to continue. 90% of all millionaires become so, through owning property Andrew Carnegie
Economy and Employment Economy Since the days of the industrial revolution, Manchester has played an important role in shaping the UK s economy. Today, the region is home to more than 2.8 million people, with an economy bigger than that of Wales or Northern Ireland. Manchester s strengths have enabled it to develop a strong reputation as a competitive place to do business, currently achieving an economy of 59.6 Billion. Employment Manchester, and the Greater Manchester region, offers a highquality workforce of 7.2 million people within an hour s commute of the city centre. The region is recognised as being a leading European business destination across a number of industries and is fast becoming a magnet for global talent. The city has a distinctive geography of concentrated clusters containing a varied, qualified, skilled and sustainable labour pool. It is also unique in having a large number of potential employees across a wide range of sectors, including digital and creative technologies, energy and environment, financial and professional services, life sciences and health innovation, logistics and manufacturing.
Investment Stats 7-8% rental yield 185,695 average house price 1,260 average rent (pcm) 19% Growth since 2015 The security of property With four universities offering world class higher education to over 99,000 students at any one time, Manchester offers fantastic prospects for studentlet properties. The city is also a magnet to investors looking for growth and returns, as its property market is thriving. By 2020, house prices are forecast to increase 26% and demand is far outstripping supply. On average, property is rented within 72 hours of being marketed. Over the last 20 years, the UK property prices have grown by 14.34% per annum on average. FTSE Property This compared to the FTSE All Share Index which has grown by 3.46% per annum over the past 20 years. 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Transport Links Stop calling it a dream and start calling it a plan WARWICKSHIRE WEST BERKSHIRE WEST MIDLANDS WEST SUSSEX WEST YORKSHIRE WILTSHIRE WORCESTERSHIRE LIVERPOOL NORTHUMBERLAND NOTTINGHAMSHIRE OXFORDSHIRE SHROPSHIRE SOMERSET SOUTH YORKSHIRE STAFFORDSHIRE SUFFOLK SURREY TYNE AND WEAR PRESTON WIGAN MERSEYSIDE NORFOLK NORTH YORKSHIRE NORTHAMPTONSHIRE UNITED KINGDOM AVON BEDFORDSHIRE BUCKINGHAMSHIRE CAMBRIDGESHIRE CHESHIRE CLEVELAND CORNWALL CUMBRIA DERBYSHIRE DEVON DORSET DURHAM EAST SUSSEX ESSEX GLOUCESTERSHIRE GREATER LONDON GREATER MANCHESTER HAMPSHIRE HERTFORDSHIRE LANCASHIRE LEICESTERSHIRE LINCOLNSHIRE WARRINGTON BOLTON MANCHESTER Air: Manchester Airport has three terminals handling 22 million passengers each year and offers flights to over 190 destinations. It is set to be extended with 1 billion funding. In addition, John Lennon Airport is located only 50 minutes away. Rail: Trains run frequently to all major UK cities including direct connections to London, Liverpool and Birmingham. When operational, the 14 Billion High Speed 2 railway will reduce the journey time from Manchester to London to only 1 hour. Tram: Frequent and fast travel across the area is provided by the Metrolink Tram system, running every few minutes it connects the major tourist attractions and railway stations seamlessly. Bus: There is a comprehensive and efficient network of bus routes and a free Metroshuttle service in the city centre. Road: The area is very well connected to the rest of the country by major motorways including the M6, the M62 and the M56, providing links to Birmingham, Leeds, Liverpool and further afield. Residents also enjoy easy access to National Parks such as The Lake District and The Peak District.
Investment Tips Get the most from your investment with these 5 top investment tips: Research your market: Manchester offers 46 postcodes with a variety of different types of investment opportunities, research your market to understand what type of investment you can expect, along with what type of return and growth the investment will generate. Set your goal before you begin: Investing in property is a business and like any business you should plan and ask yourself what are your goals? What are your timescales and what is your exit strategy? All savvy investors start their journey with the end goal in mind, it doesn t matter if this changes but have this in mind when you invest. Know your strategies: There are lots of different types of investment strategies including rent to rent, lease options, flips and developments. Understand the different strategies available to you to help you achieve your goals. Consider how hands on you will be: Some projects you see will require more time and energy, be aware that although the rewards can be fantastic they are only achievable if you have the time and resources to commit. There are alternative options and companies like Sourced who can provide hands off solutions. Look to add value: Once you understand your market, you will know which properties rent out the best and also command the highest rent. Adding an additional bathroom or subdividing a bedroom can very often increase your yield. However, if you are to do this, you need to ensure that your returns exceed any costs.
How Sourced Can Help Sourced to Order Many people understand the benefits of investing in property however they don t have the time or the knowledge to identify opportunities, carry out due diligence and structure investment deals to achieve maximum returns. SOUTH MANCHESTER We specialise in investing in property for clients and ourselves, we deliver predictable and reliable results; both saving and making you money. We also save you hassle and time as we guide you through your investment in property. Sourced makes property investing easy by having a tried, tested and proven system of delivering property profits. What is more, and of key importance to our clients, we are also property investors. Meaning we would not allocate a property to a client that we would not invest in ourselves. This is why sourced created the Sourced to Order service. We work with a select group of investor clients, managing the entire process, helping them to build their property portfolios and achieve their property goals. SOURCE DUE DILIGENCE PACKAGE PRESENT To find out how we can help you call our dedicated team on 0333 123 1330
The Largest Online Property Investment Platform in the UK Used by over 100,000 investors sourced.co Learn - Search - Invest Our bespoke learning platform allows investors to learn how to invest in property with simple animated and short videos. Searching for an investment opportunity has never been easier with access to over 200,000 properties across the UK in a simple format to help you identify your ideal investment property. The final stage is to invest through either our sourced to order service in which our network of trained and experienced investment agents will search the market for a specific property to meet your criteria. Or if as a investor you would prefer to invest across a portfolio or different locations from as little as 250 we have handpicked some of our best investments and offer them to you as crowd funding opportunities. Learn Learn on the largest online property training platform in the UK offering new and experienced property investors free training courses to get the most from investments. New courses are added monthly. Our mission Our mission is to become the ultimate brand name for investment services, packaging investment opportunities, developing and converting projects in partnership with investors across the world. At Sourced, we pride ourselves on consistently giving the highest possible level of service, delivered with passion, excitement and unrivalled industry knowledge. Search Source investment opportunities with ease using our refined property search covering all areas of the UK. Our search is built with investors in mind to remove the painful process of sourcing the right investment. Invest Buy an off-market investment property or invest online in our hand picked opportunities. Our network of regulated and trained investment experts can also source your ideal property to order.
Email us peter.donoghue@sourced.co Call us 0333 123 1330 Website sourcedsouthmanchester.com SOUTH MANCHESTER Sourced 2018 Sourced is a Franchise owned and operated under license by Peter Donoghue, registered in England and Wales. Sourced is a Franchisee of Jark-1 Limited trading as Sourced and not a subsidiary or sister company. Sourced is a trading name of Jark-1 Limited and its subsidiaries. Jark-1 Limited is registered in England and Wales. Registration number: 10852300. Registered address: Unit 5, Mulberry Avenue, Widnes, WA8 0WN. VAT number: 278638449. Sourced and Sourced are not regulated by the FCA and do not provide investment advice. No responsibility is accepted for any investment decisions made by a client and no warranty is given that all information provided is free from inaccuracies. Before making investment decisions it is advised that independent professional advice is sought.