The Mill enjoys a central location in Manchester, approximately one mile to the north east of the city centre.
The original building dates from the Victorian period in 1869, when the area contained a number of mills and industrial buildings as part of Manchester’s manufacturing centre at that time. In recent years, there has been considerable regeneration in the area which has included the development of 1,000 new homes and the refurbishment of over 1,500 existing houses.
These former industrial areas of Manchester now enjoy much more green space with the creation of five new parks as part of the area’s regeneration project. Arranged over 99,961 sq.ft and externally 1.288 acres, Signature Mill has a lower, ground and five upper floors.
Construction of 29 one-bedroom and 67 two-bedroom contemporary apartments has commenced and is due for completion by October 31st 2018, with a gross development value (GDV) in excess of £20 million. The apartments are to be finished to the highest of standards to epitomize high end city living for Manchester’s young professional demographic. 85% of the development is now SOLD to end users and the local NHS Trust has leased most of the commercial area of the building on the ground floor.
Included in the project is ownership of 203 parking spaces directly outside the building and with its close proximity to Manchester city centre, the Ethiad Stadium and the Rochdale canal, the location and quality of Signature Mill apartments is drawing significant buyer attention.
The brand continues to go from strength-to-strength this year, with more satisfied investors than ever. With multiple acquisitions and developments either completed or in the pipeline, there are always fresh opportunities to earn attractive returns. As the brand expands beyond its core product of hotels, commercial space and residential property.
“Predicted pre-tax profits of £37.4m for current financial year”
How is this investment structured? Simply put, this investment is a secured loan arrangement.
What are the current assets under ownership? Current assets under management are over and above £400,000,000.
Can I invest in my local currency? You can invest in GBP, USD or Euros
What is the minimum amount I can invest? The minimum amount that can be invested is 15,000 £ $ €
When does the interest start? Your investment starts accumulating interest within 24 hours of your full funds being received.
When do I receive my returns? Investor returns are paid at the end of the investment term, along with the redemption of your invested capital.
Could the interest rate change? No, the fixed rates of interest stipulated in your contract are paid for the term of your investment.
Am I eligible to invest? If you are not a citizen or resident of the United States of America, are over the age of 18 and meet our investment criteria with self-declaration of being either a High Net Worth Investor (HNWI) or Sophisticated Investor (SI), we can accept your application.
HSBC has consistently selected Manchester as the top city for investment, reporting the highest yields in the country and a strong demand. The city is an excellent location for investors seeking property investments that will outperform any other market in the UK.
With a population of 2.6m, Manchester is the second largest economic hub after London. Due to regeneration efforts by the government and some quoting the city as the Next Silicon Valley, Manchester’s economy has received a massive boost in sectors such as engineering, financial services, technology, broadcasting and media. Manchester’s Media City has become the UK’s Media Hub with companies such as ITV, Granada and most recently BBC relocating their offices from London.
This move has not only brought a large population of skilled workers into the city, but also contributes approximately £300m per annum to the economy. Approximately 80% of the FTSE 100 Companies reside in Manchester, which attracts more multinational companies to set up in the city. While business hubs such as Spinning Fields, Trafford Park and Media City receive international attention; more businesses and investment are drawn to the city.
“£14 billion HS2 rail to reduce travel time from Manchester to London to just one hour”
Manchester’s accessibility to the rest of the world is another reason to consider investing in the city. It is well connected by air, road and rail. Outside of London, Manchester International Airport is the UK’s largest airport with over 20 million passengers connecting through to more than 200 destinations, some of which include New York, Hong Kong and Dubai.
The recent announcement of the £1bn investment expansion of this airport will allow extra 10m passengers to travel through per year. Manchester is the Northern Hub of the UK’s rail network and has direct train links to several major cities, as well as a 2 hour express service to London. Another key reason to invest in Manchester is the HS2 which is currently under construction
The High Speed rail network will link Manchester and Leeds to London via Birmingham. This will shorten the journey time from Manchester to London by half. The city’s railway system has five rail stations that serve central Manchester and links with the Metro link rail tram service operating throughout central Manchester.
SPI product is available across multiple asset classes and delivers the three key components of any attractive investment – High returns, over a short investment term, with a low entry level.
How an SPI Is Structured Each SPI opportunity has one of the brand’s portfolio properties as underlying security, with variable return cycles according to whether the property is in the development stage or fully-operational as an income-generating asset.
The basic opportunity is to earn between 7% and 15% with terms from 9 months to 2 years, with an entry level of just £15k.
Assets backed by commercial real estate are a popular choice with investors, not only because rising prices increase the resale value of the property over time, but because real estate can also be used to generate rental income. In other words, underlying real estate assets get protection from two sources: capital appreciation and rental yield. Additional Inflation Protection. The UK is in the grip of rising inflation which means that the cash in our pockets is losing value as each day passes.
A short-term investment vehicle such as an SPI that is supported by real estate, serves to protect your capital from rising inflation, locking-in the value of your cash for its 1 to 2-year term.
What Is So Unique About The SPI? Aside from real estate investment trusts (REITs) or specialist funds, there are no low-entry level short-term vehicles for property investors who prefer the security of tangible assets. The SPI has underlying prime property assets valued at more than £450m owned by the Group, making it ideal for investors with a low risk-appetite. Interest rates considerably higher than other inflation sensitive investments serve to provide healthy returns that are completely impervious to volatile market movements.
Because the entry level for the SPI is just £15k, this is the perfect vehicle for protecting and building wealth, without tying up large sums of capital. Exit Routes There are three exit strategies available with this investment, as follows:
Get in touch for a brochure and to discuss the legal details.
Updated on May 30, 2018 at 11:29 am
Manchester SPI investment | Asset backed residential property from £15,000 - Manchester, UK