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Please Access Your Brooklyn Lofts Apartments Brochure HERE BROOKLYN LOFTS The Broo klyn L ofts off er an exciting pportunio ty to inv est in the transformation of one of Manchest er's heritage buildings into cutting edge, 21st Century living spaces. Mason Street is located in the historic New Cross neighbourhood which is currently undergoing an exciting regeneration as the last area to be reinvigorated in the city centre with huge scope for capital appreciation as the regeneration progresses Less than a 2-minute walk from the Northern Quarter & Arndale (City Centre). welcome to manchester Manchester, the second city of the UK and centre of the economic “Northern Powerhouse”, is a thriving cosmopolitan city, built upon an industrious legacy. HS2 - Manchester Manchester is a city with many impressive statistics to its name. • First industrialised city in the world • Home to the first public library • Birthplace of the world’s first computer • Has the world’s oldest railway station • Birthplace of Graphene - the world’s thinnest material "the world’s first industrialised city" a global city Manchester’s rise to be a world leading modern economy has seen Oxford economists predict that employment growth in the city over the next five years will exceed many international capitals including Paris, Berlin and Tokyo. Significant investment is being made across Greater Manchester into all sectors of the economy. Notable infrastructure spending shall make Manchester one of Europe’s best integrated cities with seamless transport solutions for its citizens. "Manchester airport is the largest Uk airport outside of london with flights HS2 to more destinations than any other £40.6bn planned high speed rail link with travel time to London of only 1h8m - construction airport in the UK" due to start in the next two years Upgrade works to provide a new “second city crossing” line and direct connection to the Trafford Centre Airport £1bn being spent over the next 10 years an investment hub Further private and public sector investments across the city from both domestic and international investors is testament to the city’s economic vitality and its status as a world class business and investment location. £650m MediaCityUK £1.35bn St John's £800m MAG 200-acre business hub for media, digital 15 acres bounded by the River Irwell, A joint venture with Beijing Construction and creative industries. The new home of the Castlefield conservation area and Engineering Group, this is an £800m the BBC. Manchester city centre to the east. Located investment to transform the airport and at a crossroad connected to Spinningfields, surrounding area for rapid expansion of Deansgate, the Museum of Science and business, aviation, science, and biotechnology Industry and beyond. industries. Manchester’s £800m Noma £1.5bn Manchester Life £600m New Bailey Gdp growth is 20-acre mixed use city centre regeneration Manchester City Council and Sheik Mansour's Situated next to Spinningfields, New Bailey scheme led by two UK institutional investors ADUG’s £1bn 10 year agreement to build is an exciting new extension to Manchester's forecast at Co-op and Hermes. 6000 homes in the city’s fringe areas. Central Business District comprising of a 2.2 million sq ft block of new grade A offices. 3.5% per year The first phase was completed in 2015. from 2016-2019 MANCHESTER PROPERTY MARKET A structural shift in the UK property market away from the tradition of buying over renting has now resulted in owner-occupied property falling to its lowest ever percentage of the total UK property market. The young professionals of “Generation Rent” are happy to spend an average 15 years of their life in rental property. It is predicted that by 2032, more than half of UK homes will be rentals. One of the main factors driving this shift is the increase in house "savills predicts 19,3 per cent pricing. increase in Manchester house According to Jones Lang Laselle, there will be a 26.4% increase in Manchester prices by 2018" house prices in the next 5 years. It is no wonder young professionals would prefer renting. 20% growth over the last 10 years Population growth in Manchester Forecast another 20% over the next 10 years Forecast by Transport for Greater Manchester. Greater Manchester will need at least 200,000 new homes by 2040 to support anticipated economic and population growth. GROWTH 18,000 IN 12 months MANCHESTER PROPERTY MARKET The growing population and increasing affluence has meant a strong demand for quality city centre rental properties. However, this has been met by a structural under-supply of properties for this rising population. With very little new development in recent years, there has been minimal uplift in the provision of rental stock. This has led to an abundance of demand compared with constrained available supply and has fuelled double-digit Manchester property rental growth. Vacancy rates are minimal and many tenants are asking landlords for longer leases to try and hedge market in numbers: against rent rises. This strong lettings market has encouraged more buy-to-let investors and also spurred interest from institutional Rental growth projection: landlords from the UK and overseas. 2016: 5%, 2017: 4%, 2018: 3%, Additionally, this demand for investment property has seen good growth in capital values and a very liquid resale 2019: 3% market. Capital growth projection: 2016: 5.5%, 2017: 5.5%, 2018: 4.5%, 2019: 3.5% source Jones Lang Laselle Location: Welcome to NEW CROSS New cross is located near the trendy Northern Quarter, one of the city's most vibrant districts, which is rich with entertainment. NOMA is a £800 million, 20-acre (8-hectare) mixed-use redevelopment scheme in Manchester. It is the largest development project in North West England and overall is the one of the largest development in the UK. NOMA focuses on revitalising and opening the northern area of Manchester city centre which has not undergone the redevelopment seen in other central areas of the city. The development involves the creation of 4 million square feet (400,000 square metres) of office, residential, retail, leisure and hotel space. NOMA New Cross is strategically located at the north eastern edge of Manchester City Centre, just beyond the inner ring road. This area has increasingly become a focus for development activity and residential growth in recent years. To the south, east and west of New Cross are key regeneration priorities that include NOMA and the Spinningfields Ancoats and New Islington neighbourhoods. Ancoats is an inner city area of Manchester, North West England, next to the Northern Quarter and the northern part of Manchester city centre. Historically in Lancashire, Ancoats became a cradle of the Industrial Revolution and has been called "the world's first industrial suburb". For many years, from the late 18th century onwards, Ancoats was a thriving industrial district. Since the 1990s Ancoats' industrial heritage has been recognised and its proximity to the city centre has led to investment and substantial regeneration. Exchange Square Deansgate New Cross St John's CGI 1 2 3 6 2 mason street 4 ADDINGTON STREET 1 New Cross Victoria Station Ancoats 8 4 5 6 5 3 7 NOMA Northern Manchester Arena Quarter 7 8 9 4 9 Selfridges National Football Central Business Museum District Mike Coyle Ltd 27 Old Gloucester Street, London WC1N 3AX Office: +44(0)2071938098 Email: [email protected] Old .
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