the future of premium waterside livingthe adjacent cornbrook hub will create a new destination,...

1.X1 MANCHESTER WATERS

2.

The future of premium waterside living


4Strategic Waters & Manchester Waters

See how X1 Manchester Waters fits into thebigger picture of the multi-million-pound

Strategic Waters scheme

10Development Overview

X1 Manchester Waters will sit perfectly against the backdrop of Pomona Island close to

Manchester City Centre

18The Regeneration of Manchester

Manchester has evolved significantly in recent years, with multi-million-pound investments

happening all over the city

8Development Amenities

The wider X1 Manchester Waters scheme will consist of more than 500 apartments, and will provide tenants with state-of-the-art facilities

16The Greater Manchester Market

The UK’s unoffical “second city” (and Capital of the Northern Powerhouse) has a dynamic and

buoyant buy-to-let market

22Developer Profile

Award-winning UK developer X1 are specialists in the provision of high-end developments on the

rental market

6Why invest in X1 Manchester Waters

X1 Manchester Waters will set the standard in prime city living against a tranquil waterfront

backdrop

12Development Floor Plans

Take a look inside X1 Manchester Waters to see detailed examples of the development’s studio,

1, 2 and 3-bedroom apartments

4.

S T R AT E G I CWAT E R ST H E C R E AT I O N O FS U S TA I N A B L E E N V I R O N M E N T S

The Strategic Waters initiative is made up of seven sites which offer unique development opportunities on the stunning coastlines, canals, docklands and waterways of the UK. These sites have room for 30,000 new homes and thecompleted developments will revitalise some of the most underutilised areas in the UK. The regeneration will breathe new life into former industrial areas, respecting their heritage whilst updating them for the needs of the 21st century. This large scale regeneration is a long term commitment and will take place over the next three decades to provide improvements to the local infrastructure, environment and public domain. The developments themselves will not only offer new residential space; there will also be new commercial, cultural, educational and leisure opportunities on offer to residents, with the intention of creating a real community rather than just a set of new homes. The Strategic Waters sites will provide a total of 30,000 new homes as far afield as Glasgow,Manchester and Chatham, but all are linked by the same design ethos and the desire to plan for the future and redevelop areas which have previously been left behind. Knight Knox and X1 are heavily involved in four phases of Strategic Waters – Manchester Waters, Trafford Waters, MediaCityUK and Chatham Waters.

GLASGOW HARBOUR

1,400

LIVERPOOL WATERS

10,000

WIRRAL WATERS

13,500

Outline approval granted

Outline approval submitted

Masterplan approved

Key

TRAFFORD WATERS

3,000

Coming Soon

CHATHAM WATERS

1,000Phase 1 will comprise200 apartments

MANCHESTER WATERS

2,000Phases 1 & 2 will comprise546 apartments

MEDIACITYUK

2,000Phases 1 - 4 will comprise 1,100 apartments



M A N C H E S T E RWAT E R SA N E W C I T Y G AT E WAY

Manchester Waters is the regeneration of the26 acres of dockland on Pomona Island, oneof the last remaining large-scale regenerationopportunities available this close to Manchester city centre. The site has magnificent waterfront views over the Manchester Ship Canal, whichwill become a stunning backdrop to thenew development. The development of Manchester Waters and the adjacent Cornbrook Hub will create a new destination, offering the highest-quality urban living conditions in one of the UK’s most exciting cities. Pomona Island is the gateway to the city of Manchester, and this development is sure to be extremely popular with residents looking for high quality rental accommodation in a location which is close to the city centre but remains a tranquil retreat.

POMONATRAM STOP

CORNBROOKTRAM STOP

MANCHESTER SHIP CANAL

SALFORDCITY CENTRE

MANCHESTERAIRPORT

MANCHESTERCITY CENTRE

New homes will be provided by theManchester Waters scheme

2,000

6.6.

W H YI N V E S T I NX 1 M A N C H E S T E R WAT E R S ?

Walking distance to Manchester city centre

Located in an extremely strong rental market

Estimated NET rental returns of circa 6%*

Built and managed by award-winning developer X1

Stunning views over the waterfront

Old Trafford football stadium is approximately 10minutes away from the site

Two Metrolink tram stops located within a 5minute walk

Manchester Waters is one of the last remaining large-scale regeneration opportunities located close to the heart of the city centre, benefitting from extensive waterfront views

Peel Holdings, 2017


Facilities atX1 Manchester Waters:

minutes to Manchestercity centre

10

PurchaseProcess:

Step 1

Speak to your designated propertyconsultant

Step 2

Choose your apartment and paythe deposit

Step 3

Both sets of solicitors are instructed, and legal documents and sales pack are sent out to you

Step 4

25% of the balance is payable on exchange of contracts plus 50% of furniture pack

Step 5

10% due 6 months after exchange of contracts (50% of furniture packs to be paid at this stage)

Step 6

Remaining balance payable oncompletion of the development

Secure parking on selected units

Private residents’ gymnasium

Cinema room

Communal space

Secure entry system

Bicycle storage

8.

X 1 M A N C H E S T E RWAT E R ST H E F U T U R E O F P R E M I U MWAT E R S I D E L I V I N G

Stunning apartments atX1 Manchester Waters

500+

X1 Manchester Waters is a residential developmentlocated close to the centre of the UK’s ‘second city’ of Manchester. The development is set to be the perfect tenant retreat, overlooking the tranquil waterfront whilst being near Manchester’s vibrant city centre,offering tenants the best of both worlds.

This outstanding development is comprised of five phases and a total of more than 500 apartments,which will be furnished to the highest standard.Ranging from spacious studios to high-end three-beds, most apartments will benefit from the spectacular view of the waterfront. X1 Manchester Waters is the perfect place for residents to relax and unwind, with theaddition of a residential cinema room to allow residents to socialise.

The location of X1 Manchester Waters is trulyunparalleled. With two Metrolink stops locatedwithin a 5-minute walk, residents are able to reachManchester’s city centre with ease, and enjoy everything ‘the Capital of the North’ has to offer. Additionally, residents are also just a short journey away from major tourist destinations like intu Trafford Centre andMediaCityUK.

Developed by award-winning developer X1, X1Manchester Waters is a great long-term investment,as Manchester is one of UK’s strongest regionaleconomies and is forecast to grow faster than anyother Northern city.



Developmentspecification:

As the luxury, comfort and convenience of tenants is of the utmost importance, all apartments are fully furnished with the highest quality fixtures and fittings,including a modern fitted kitchen andcontemporary bathroom suites.

In addition, X1 Manchester Waters willprovide a wide range of superb amenities that perfectly befits modern 21st centuryliving, such as a fully-equipped on-siteprivate gymnasium, a state-of-the-artcinema room, secure car parking andbicycle storage, as well as lift access toall floors.

House prices in Manchesterexpected to grow 26.4% in thenext 5 years to 2021

26.4%

JLL, 2017

10.10.

D E V E L O P M E N T O V E R V I E WX 1 M A N C H E S T E R WAT E R S

X1 Manchester Waters will occupy the south-western portion of the wider 26-acre Manchester Waters scheme, and will consist of buildings that will perfectlyencapsulate modern waterfront living.

X1 Manchester Waters will exist alongside other “modern multi-tenure developments”, built in accordance with Peel Holdings’ overall masterplan for the area. When complete, X1 Manchester Waters will contribute greatly to Peel’s vision to reinvigorate the area and create amodern gateway to Manchester city centre.

POMONA STRAND

SALFORD QUAYS

PHASE 1

PH

ASE

2



Manchester Waters will be transformed to create a new commercial, leisure, residential and retail destination, [with] 35,000sqm of commercial floor-space

Trafford Government, 2017

LAND FOR DEVELOPMENT


MANCHESTER CITY CENTRE


Frequently AskedQuestions:

Am I buying leasehold orfreehold?

240 years leasehold

What is the address of the site?

X1 Manchester Waters, Stretford, Manchester, M15 4WD

Are there tenants already in place?

No, X1 Manchester Waters is anew-build development

What are the projected NET returns?

Annual returns are projected atcirca 6%

How much is ground rent?

Ground rent is £395 per annum

Is there a designated management company in place?

Yes, the designated management company for X1 Manchester Waters will be X1 Lettings, who will block manage the buildings on your behalf.

POMONA STRAND

CHESTER ROAD (A56)

PH

AS

E 3

PH

AS

E 4

PHASE

5


METROLINK

METROLINK

METROLINK

12.

S T U D I O A PA R T M E N T S

12.

X1 Manchester Waters’ selection ofhigh-end studio apartments will bespacious with plenty of natural light,and will consist of a high-end living,dining and kitchen space, as well asa fitted bathroom suite.

Average apartment size 25.4sqm (273.4sqft)

X1 Manchester WatersExample floor plan

Kitchen Area

Living/Bedroom Area

Bathroom

Entrance



O N E B E D R OO M A PA R T M E N T S

The array of one-bedroom apartments on offer at X1 Manchester Waters will contain a living room (complete with 40” LG TV), a fully-fitted kitchen and dining area, a spacious double bedroom with furniture, and a fitted bathroom.


* All plans are based on concepts provided by the developer, are indicative only and are subject to change


Bedroom

Living Area

Bathroom

Kitchen Area

Entrance

14.14.

All of X1 Manchester Waters’ spacious two-bedroom apartments will enjoy a light and airy living area, a fitted kitchen/diner, two well-proportioned double bedrooms (with a private en-suiteadjoining the master bedroom), as well as a fully-fitted family bathroom.



Entrance

Kitchen Area

Living Area

Second Bedroom

Master Bedroom

En-suite

Bathroom

T W O B E D R OO M A PA R T M E N T S



T H R E E B E D R OO M A PA R T M E N T S

X1 Manchester Waters will contain a selection of premium three-bedroom apartments, some of which will benefit from waterfront views; yet all apartments will contain an open-plan living space, a generous kitchen/dining area, three large-sized bedrooms, an en-suitebathroom adjoining the masterbedroom, and an airy family bathroom.


* All plans are based on concepts provided by the developer, are indicative only and are subject to change


Kitchen Area

Living Area

Bathroom

Third Bedroom

Entrance

Second Bedroom

Master Bedroom

En-suite

16.

A B U Y-T O - L E TD E S T I N AT I O NM A N C H E S T E R

Manchester is the jewel in the crown of the highly touted Northern Powerhouse, reflecting the boost in infrastructure investment, as the Government continues to deliver the Northern Powerhouse through schemes like HS2 (a high-speed rail network connecting major Northern cities together) and the Northern transport strategy. Naturally, this has attracted thousands ofbuy-to-let investors, enamoured with Manchester’suncapped present and future potential, both on anational and international scale.

Manchester’s local buy-to-let market is leading the way in UK property investment, offering landlords average rental returns of 6%. The city’s population is approximately 520,000, a figure that’s expected to rise to 600,000 by 2030. Given Manchester’s population growth, the strain on the city’s thriving housing market will become even more acute. The supply/demandimbalance is already evidenced in and around the city centre, and is now stretching out to surrounding regions. As a result, house prices have skyrocketed, so much so analysts have predicted that house prices in

Manchester will rise 26.4% by 2021. Employment in the city is set to follow the same upwards trajectory, with an increase of a further 4.3% over the next five years, which means that the demand for premium housing in the city shows no signs of slowing down. Because of these factors, it comes as no surprise that the city was named the top Northern city in a recent growth potential index.

In addition to its thriving rental and buy-to-let market, Manchester has been voted the UK’s most liveable city by the Economist Intelligence Unit and was praised for its infrastructure, stability and culture. The UK’sunofficial ‘second city’ of Manchester is known to have an incredibly rich cultural offering, which goes some way to explaining why Manchester is the UK’s third most popular city for international visitors after London and Edinburgh, attracting one million internationalvisitors per year. With Manchester’s regenerated city centre growing, an increasing number of young people opt for Manchester over London.


Manchester:A busy international city

Manchester was voted the best UK city to live in by the Global Liveability Survey 2016, beating London for the second year running


Manchester was the first industrialised city in the world

Manchester has the largest airportoutside of London, providing direct flights to over 225 destinations across the globe, more than any other UK airport

The wider Greater Manchester area has a population of 2.7 million, and contributes a huge £57bn to the economy every year

Manchester Piccadilly train station sees over 25m passengers per year, and is the 4th busiest station in the UK

Chestertons data suggests the average gross yield for an apartment inManchester is 6.6% - 3.1% higher than average yields found in London (3.4%)

18.18.

R E G E N E R AT I O N O FM A N C H E S T E RT H E R I S E O F E A S T M A N C H E S T E R

Pomona Island is one of the last major sites near the centre of Manchester which remains undeveloped.Given the rapid rate of population growth inManchester, it is no surprise that the gaps on theperipheries of the city have been rapidly filled in to keep up with the influx of new arrivals looking to live and work in the city. Before it was developed, East Manchester was muchlike Pomona Island – a neglected area of the city whichclearly had potential but had been chronicallyunderutilised for many years. In many ways, it isremarkable that such a large area so close to the city centre took so long to be developed. However, even though it may have taken a long time, the results have been outstanding. From its origins as an unloved area

of town, East Manchester has become a residential hotspot in a very short amount of time – in part thanks to the efforts of Knight Knox and X1. Now, Pomona Island is in the same position as East Manchester was a decade ago. The area is unused andis crying out for regeneration at the same time asManchester is taking its next big leap. The city isseizing the opportunities on offer to elevate itself intoa truly global city, and the economy and populationare booming in response. High quality rentalaccommodation is in short supply, and demand is expected to reflect this chronic undersupply of available rental homes. X1 Manchester Waters will be perfectly placed to meet this need.


X 1 E A S T B A N K X 1 T H E P L A Z A

X1 Eastbank is home to 111 spacious apartments and is 100% tenanted. Completed in 2016, residents of X1 Eastbank are a short walk away from both the citycentre and Manchester Piccadilly station. Management of the apartments is undertaken by the award-winning X1 Lettings.

X1 The Plaza is adjacent to X1 Eastbank and will bringa further 201 apartments to the luxury residentialmarket upon completion. The development wascompletely sold out far ahead of completion, reflecting the strength of the Manchester market and theenthusiasm which investors have for the city.

COMPLETED & TENANTED

SOLD OUT & IN CONSTRUCTION

X1 in Manchester

X1 have played a major role in the regeneration of East Manchester over the past few years.Pioneering developments such as X1 Eastbank and X1 The Plaza have helped to redefine the area, and havecontributed to the area’s newfound status as a buy-to-let hotspot.

East Manchester has been the siteof one of the most substantialregeneration projects internationally, [leading to] Manchester [becoming] the ‘regeneration capital ’ of theUnited Kingdom.

“The Regeneration of East Manchester”, 2013

East Manchester is the focus of oneof the largest, most challenging and most exciting regenerationinitiatives in the UK, totalling over 1,200 hectares.

Manchester City Council

20.20.

D E V E L O P E RP O R T F O L I OX 1

Based in Liverpool, X1 is one of the North West’spremier developers, offering an extensive portfolio of real estate investments in key growth areas such asLiverpool, Manchester, Salford and Leeds. The X1portfolio is complete with instantly recognisablebuildings which have helped change the face of the region.

The award-winning developer also operates a lettings and management company – X1 Lettings – providing both residential and luxury student accommodation to the markets in Manchester and Liverpool. In June 2016,

X1 Lettings won the Silver award for the Best BlockManagement Company at the prestigious Lettings Agent of the Year 2016 Awards, shows X1 Lettings’dedication to providing the best possible service for both tenants and landlords alike.

X1 Lettings are proud to boast a 100% occupancy rate across all their sites, with thousands of happy residents providing evidence of their professionalism, knowledge and enthusiasm.

X1 THE LANDMARK X1 THE GATEWAY X1 THE CAMPUS X1 MEDIA CITY

X1 The Landmark, containing 191 stunning apartments, is situated in a prime location just minutes away from Manchester’sdynamic city centre, yet is also within easy reach of the picturesque Salford Quayswaterfront.

Situated on the gateway to Salford Quays and MediaCityUK, X1 The Gateway is the epitome of waterfront living, already proven to be a runaway success with investorsbecause of its close proximity toMediaCityUK and central Manchester.

Located in a premier student hotspotwithin the University of Salford campus,the aptly-named X1 The Campus willprovide much-needed accommodationfor the University’s 19,000 students, offering them boutique studio apartments.

X1 Media City is one of X1’s standoutprojects, consisting of over 1,100premium apartments split evenly overfour iconic glass-fronted towers, offering stunning views of Salford Quays and its namesake, MediaCityUK.


Previousdevelopments:

X1 Salford Quays Phase 3

Completed & 100% tenanted

X1 The Studios


X1 Town Hall


X1 The Exchange


X1 The Edge


X1 Liverpool One


X1 Chapel Street


X1 Arndale House


X1 THE TOWER X1 AIRE

The fifth and final phase of X1 The Quarter, The Tower is set to provide stunning city centre living for Liverpool’s vastly in-demand private rental market, and is alreadyeagerly anticipated thanks to the successof the previous phases all 100% tenanted.

X1’s first venture in the city of Leeds, X1 Aireis a premier development situated close to the city’s River Aire, and will contain 147premium apartments ranging from studios to spacious three-bed apartments, perfect for Leeds’ thriving rental market.

22.

1706 - V3

The information contained within this document is intended as a general guide. This information does not constitute an offer or a contract and we (or anyone in our company) do not imply, make or give any representation, guarantee or warranty whatsoever relating to the terms contained within. Any intending investor must satisfy themselves as to the correctness of any of the statements, plans or images contained within. Images are for representational purposes only. The content contained within is correct adhering to the previous statement at the time of publishing.

the future of premium waterside livingthe adjacent cornbrook hub will create a new destination,...

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