An exclusive development of one and two bedroom

apartments in the heart of Manchester

ABOUTAlbert Vaults is an exclusive development of 25 1 and 2 bedroom apartments, superbly located in the heart of Manchester.

Designed for city living, Albert Vaults offers an enviable combination of style and convenience, providing a stylish retreat for those looking to work, play and relax in this “Powerhouse” city.

Excellent specifications & intelligent design combine to create fabulous homes for city dwellers

LOCATIONAlbert Vaults enjoys an exceptional location,

moments from the 5-star Lowry hotel, the

business district of Spinningfields and all

the shops, bars and eateries that

the City of Manchester

has to offer.

VICTORIA STATION

SALFORD CENTRAL

PICCADILLY STATION

ST PETER’S SQUARE

MANCHESTER STATION

DEANSGATE CASTELFIELD

SELFRIDGES

LOWRY HOTEL

NEW BAILEY

CIVIL JUSTICE CENTRE

DEANSGATE

ARNDALE CENTRE

PICCADILLY GARDENS

CHINA TOWN

TOWN HALL

SPINNINGFIELDS

MANCHESTER HILTON

The UK’s largest shopping centre contains over 200 “high street” retailers. Meanwhile, on adjacent streets, designer brands abound at Selfridges and Harvey Nichols.

MANCHESTER ARNDALE

MANCHESTER VICTORIA

Lying to the North of the City, this mainline station travels directly to destinations including Leeds, Newcastle and Liverpool. The new £85 million “Ordsall Chord” due to complete in 2017, will improve the connectivity of Manchester Victoria and Salford Central Station to destinations such as London, Birmingham, Southampton and Glasgow, via Manchester Piccadilly.

Manchester airport is a 20 minute train journey from Piccadilly Station, with trains running every ten minutes. Manchester airport is the third busiest airport in the UK and flies to 222 destinations worldwide.

LOCATION

Described as the “Canary Wharf of the North”, this commercial district not only houses some of the largest corporations in the North West, but a vast array of popular restaurants, bars and shopping venues too.

City workers, looking to unwind can enjoy the glitz of Manchester House; contemporary Asian cuisine at Tattu, Spanish specialities at Ibérica or relax in the beer garden of The Oast House. The £650m New Bailey development plans an additional 2.2 million square feet of offices and retail, extending the business district even closer to Albert Vaults.

SPINNINGFIELDS

The most famous thoroughfare in Manchester, this mile stretch links the nightlife hotspot of Deansgate Locks and the conservation area of Castlefield to the South with the National Football Museum and Victoria Station to the North, housing all manner of businesses, hotels, shops, restaurants and clubs in-between.

DEANSGATESPINNING FIELDS

NEW BAILEY

3KM TO MediaCityUK

10 M

INUT

E W

ALK

5 M

INUT

E WALK

LOWRY HOTEL

DEANSGATE

Work, Play & Relax

An apartment in Albert Vaults doesn’t just represent a sound investment decis ion . I t ’s an opportunity to be part of one of the UK’s most exc i t ing and dynamic c i t ies .

“Manchester is Br i ta in ’s new cultural capita l”Rough Guide, 2015

“Best UK city to l ive”Global L iveabi l i ty Survey 2015 ,

The Economist Inte l l igence Unit

“Manchester is a c i ty that walks with a swagger ”Time Out

IN THE HEART OF THE CITY

Manchester Skyline

Prospects are also strong for future employment. Jobs advertised in the city at the end of Q1 2016 had increased by 22% compared to the previous year – demonstrating a robust appetite amongst employers to recruit. The quality of jobs on offer is high. 69% of jobs advertised in the city of Manchester in Q1 2016 were for Professional or Managerial positions. 8

STRONG DEMAND

20%Employment

Growth2010-2015

97% employment

Employment is strong in Manchester, with

only 2.9% unemployment (vs. 5.1% nationally)8

According to Oxford Economics w

employment growth in the city between 2010

and 2015 was 20.3%, equating to an absolute

increase of over 68,000 jobs. This growth

outstripped UK cities such as Birmingham,

Liverpool and Glasgow as well as cities

further afield, including Paris and Tokyo.

Investors have long-confirmed Manchester as a serious

business hub demonstrated by the £8.2bn of commercial

property investment it has attracted over the past decade,

the most of any UK city other than Londonz

Investment has also continued outside the city centre. Perhaps the most

notable example of this was the BBC’s move out of London in 2011 to

MediaCityUK, a 200-acre mixed-use property development site on the banks of

the Manchester Ship Canal in Salford, just 3km from Albert Vaults. ITV Granada

completed the first phase of its move to MediaCityUK two years later.

,

According to the GMCAq, more than two-thirds of the projected growth in households in Greater Manchester over the period 2012-2035 is expected to consist of single person households (compared to just under half today). The purpose-designed 1 and 2 bedroom apartments of Albert Vaults caters perfectly for this growing market.

z CBRE, United Kingdom Major Report - Core Cities, Core Strengths January 2016

8 Quarterly Economy Dashboard, Core Performance and Intelligence Team, Manchester County Council. “Unemployment” based on JSA and UC claimants

w Beyond the City: Britain’s economic hotspots, June 2015

q The GMCA is made up of the ten Greater Manchester councils who work with other local services to improve the city-region.

wOffice of National Statistics, average increase in dwelling stock 2010-2015 = 4,488

LACK OF SUPPLYThe GMCA published a background paper in April 2016 for the Greater Manchester Spatial Framework which identified a housing need for Greater Manchester of 217,350 net additional dwellings over the period 2014-2035.

According to the same report, the total land supply identified as suitable for new homes in Greater Manchester represents a shortfall of around 64,550 dwellings compared to the assessed need identified above. This means that even if 100% of the land identified by the GMCA is built upon in the way they assume, it still won’t be sufficient to plug the shortage.

Taking into account the forecast growth in single person households, this supply gap is likely to largely relate to smaller dwellings. £8.2bn

of commercial property

investment

This suggests an average need for 10,350 new homes every single

year. Since 2010, the increase in housing stock has averaged less

than half that number. w

10,350new homes

needed every year to keep up

with demand

67%of housing growth to come from

single person households

Apartment Type H

APARTMENT TYPES

Type A: 1 Bed / 398 Square Foot

Type E: 2 Bed / 592 Square Foot

Type B: 1 Bed / 398 Square Foot

Type C: 1 Bed / 409 Square Foot

Type D: 1 Bed / 452 Square Foot

Type D: 1 Bed / 452 Square Foot

Type F: 2 Bed / 635 Square Foot

Type G: 2 Bed / 656 Square Foot

Type H: 2 Bed + Study / 785 Square Foot

Apartment Type H

DESIGNED FOR CITY LIVING

- Integrated Zanussi appliances including

dishwasher, ceramic hob, integrated fan oven and chimney hood

- Fridge/Freezer- A-rated washer/dryer

- Symphony kitchen units with black worktops

- Stainless steel splashback

Apartment Specifications

KITCHEN BATHROOM- Prime ceramic tiles to walls and floor

- White Symphony bathroom suite- Ideal Academy mixer taps

- Vanity with mirror and built in shelving- Floor mounted WC with concealed flush

and soft close seat- Thermostatic Ideal Aqualis shower

- Full height shower screen

GENERAL- Sleek engineered timber oak flooring with

traffic sealant to lounge and entrance hall- Sumptuous carpeting to all bedrooms

- Chrome finish sockets and light switches- Media and BT points

- Low energy downlighters- Door entry system and intercom

handset- Energy efficient heating panels

DECORATION- Neutral matt emulsion to

all walls and ceilings- Painted window boards,

architraves, door frames and skirting boards throughout

Apartment Type C

Prices start from £149,950 for a one-bedroom apartment.

Novo has exacting standards and takes huge pride in the product it delivers to ensure all buyers are fully satisfied from the moment they turn the key. This is backed up by a 10-year warranty that is provided on all apartments, which remains in place even on future sale.

For more information or to request a price list, email: enquiries@novoproperty.co.uk

OFF PLAN PURCHASE INFORMATION

£2,000 Reservation fee to reserve your apartment

20% Payable on exchange of contracts

Balance payable on completion.

EXAMPLE FOR A £150,000 APARTMENT

£2,000 - DAY 1

£28,000 - DAY 29

£120,000 – est. Q4 2017

PURCHASING AN APARTMENT

Apartment Type C

These particulars are not to form part of a Sale Contract owing to the possibility of errors and / or omissions. All fixtures, fittings, chattels and other items not mentioned are specifically excluded unless

otherwise agreed within the Sale Contract documentation. The property is sold subject to rights of way, public footpaths, easements , wayleaves, covenants and any other matters which may affect the

legal title. The Agent has not formally verified the property’s ownership, tenure, acreage, estimated square footage, planning / building regulations’ status or the availability / operation of services and / or

appliances. Prospective purchasers are advised to seek validation of all the above matters prior to expressing any formal intent to purchase. The particulars are partially transcribed from architectural plans

and specifications relating to the proposed property and as such variations may occur for which additional planning / building permission may also be required. Images are for illustrative purposes only.

Any prospective purchasers should validate all such information prior to expressing a formal intent to purchase.

ABOUTTHEDEVELOPERNovo is a trusted local developer focused on delivering high-quality apartments in prime locations in Manchester and the broader North-West.

Contact DetailsNovo Property Group Office: 0161 348 7649 Email: enquiries@novoproperty.co.uk Visit: www.novoproperty.co.uk Station House, Stamford New Road, Altrincham

Unit Floor Beds Apartment Type Size (SqFt) Price Rental Value* Rental Yield

Apartment 1 First 1 A 398 £149,500 £825 6.6%Apartment 2 First 1 B 398 £149,500 £825 6.6%Apartment 3 First 1 C 409 £153,000 £825 6.5%Apartment 4 First 1 D 452 £163,000 £850 6.3%Apartment 5 Second 1 A 398 £150,000 £825 6.6%Apartment 6 Second 1 B 398 £149,500 £825 6.6%Apartment 7 Second 1 C 409 £153,000 £825 6.5%Apartment 8 Second 1 D 452 £163,000 £850 6.3%Apartment 9 Third 1 A 398 £149,500 £825 6.6%Apartment 10 Third 1 B 398 £149,500 £825 6.6%Apartment 11 Third 1 C 409 £153,000 £825 6.5%Apartment 12 Third 1 D 452 £163,000 £850 6.3%Apartment 14 Fourth 1 A 398 £150,000 £825 6.6%Apartment 15 Fourth 1 B 398 £150,000 £825 6.6%Apartment 16 Fourth 1 C 409 £153,000 £825 6.5%Apartment 17 Fourth 1 D 452 £163,000 £850 6.3%Apartment 18 Fifth 1 A 398 £150,000 £825 6.6%Apartment 19 Fifth 1 B 398 £150,000 £825 6.6%Apartment 20 Fifth 1 C 409 £153,000 £825 6.5%Apartment 21 Fifth 1 D 452 £163,000 £850 6.3%Apartment 22 Sixth 2 E 592 £210,000 £1,150 6.6%Apartment 23 Sixth 2 F 635 £222,000 £1,150 6.2%Apartment 24 Sixth 1 D 452 £163,000 £850 6.3%Apartment 25 Seventh 2 G 657 £236,000 £1,200 6.1%Apartment 26 Seventh 2 + study H 786 £275,000 £1,300 5.7%

*Rental estimates provided by Thornley Groves Estate AgentsGround rent per apartment - £300/annumService charge estimated at c.£1.6/sq foot

PROPERTY SCHEDULE

*Rental estimates provided by Thornley Groves Estate Agents