Nestled on the edge of the River Tyne, Newcastle has a distinctive skyline, a vibe all of its own and an accent that can’t help but charm. Those who’ve visited remark on the energy and vibrancy that the city somehow exudes.
Jonathan is far from alone in having been captivated by Newcastle. Indeed, the city has been named by Rough Guides as the best place to visit in 2018 – not just in the UK, but in the world. And with an encyclopaedic knowledge of the globe, they should certainly know!
Rough Guides has flagged up Newcastle’s cultural credentials and superb gourmet scene, amongst other things. With restaurants voted among the top in the UK and an extensive craft beer scene, the city has much to offer those who enjoy outstanding culinary experiences.
It was no coincidence that Newcastle was chosen to host the first Great Exhibition of the North this year, which will be one of England’s largest cultural undertakings. The exhibition – and the city itself – is attracting hordes of tourists.
Newcastle is also known for attracting students in their droves, again in part due to the city’s superb lifestyle offering. The latest WhatUni student choice awards saw Newcastle University and Northumbria University placed second and fourth respectively in the ‘best city life’ category.
Rough Guides has also praised Newcastle for its architectural feats. A host of regeneration projects have given the city some cutting edge buildings that both honour its industrial past and create a distinctive, contemporary city that is proud to compete on the global stage.
Now, with the city’s tallest ever crane installed over the August bank holiday weekend, Newcastle’s skyline is on track to become even more exciting. The new residential building known as Hadrian’s Tower will be the tallest skyscraper in the city, delivering 162 capital quality residences backed by exceptional shared social spaces. The development will ensure the continuance of the architectural innovation for which this stunning city is becoming known around the world.
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Regional cities are coming to the fore as hotspots for foreign direct investment (FDI). As the Surrenden Invest team has been waving the regional flag for some time, it’s great to see a host of official statistics adding weight to the value of these important destinations.
Recent reports have flagged up the Manchester-Liverpool metropolitan area as being among the top ten global cities for foreign direct investment (according to IBM) and the West Midlands as the leading UK region for rises in FDI projects and jobs created increase (based on Department for International Trade data).
“As we inch ever closer to a no deal Brexit, it’s easy to imagine the rest of Europe enjoying a quiet laugh at the UK’s expense. However, investors around the world are standing up to be counted and showing that they are interested in the UK for the long term, irrespective of Brexit. The pace of FDI reflects their confidence in the UK’s resilience and the growing importance of our regional cities.”
Two studies have recently highlighted the importance of the UK to the global investment community – specifically, the importance of the UK’s regional cities. IBM’s 2017 Global Location Trends report looked at the world’s top cities for foreign direct investment (FDI). The annual report compares metropolitan areas based on equal labour catchment areas, for a truer comparison. Using that methodology, the Manchester-Liverpool metropolitan area ranked tenth in the world for FDI, placing it in the league of cities such as London, Paris, Singapore, Amsterdam and Dubai. It beat the likes of Barcelona, Toronto and Dublin to make it to the tenth spot.
According to IBM, Manchester and Liverpool jointly pulled in the tenth highest number of FDI projects of any global city in 2017. In doing so, they created some 7,000 jobs.
“It’s brilliant to see Manchester and Liverpool rubbing shoulders with the world’s top cities. Both have undergone extensive regeneration over the past couple of decades, positioning themselves to compete globally at this level. Manchester has established itself as the UK’s creative and media hub, while Liverpool’s health and life science sectors, and digital manufacturing industry, are truly world-class.”
Foreign direct investment has not been limited to these sectors. Far from it. Both cities have enjoyed keen interest in their property sectors too, as the UK’s need for far more rental homes than it currently has available, has attracted overseas investors in their droves. Prime developments such as Manchester’s Ancoats Gardens, with its outstanding roof garden, vast 1,715 square foot gym and on-site coffee lounge, or the 381 high-spec homes at The Tannery in Liverpool, which are available from as little as £85,000, provide precisely the easy route into the UK property market that many foreign investors are seeking.
Further research by Foundation Home Loans has contributed to the sense of long-term security that investment in sectors such as buy-to-let in the UK brings with it. The company found that 18% of landlords plan to remain active in the sector indefinitely, versus just 6% who are considering exiting the buy-to-let market in the next year or two.
“What several of the latest research pieces are showing is that investors are looking to keep their money in the UK over the longer term, despite the continued blustering that we read daily about the Brexit debacle. Behind the scenes, investors are letting their funds speak for themselves.”
The second piece of research to flag up the importance of one of the UK’s regional markets is from the Department for International Trade. The study found that the West Midlands was the only region in the UK to experience a rise in both FDI projects and the number of jobs recorded compared with a year previously. These increased by 13% and 43% respectively.
At the core of the West Midlands, Birmingham is another regional city that is firmly on international (as well as domestic) investors’ maps. Again, the city’s property market in particular is charming investors from around the globe. Developments such as Westminster Works, in the city’s investment hotspot of Digbeth, offer a global standard of urban living that appeals to investors and tenants in equal measure.
“FDI in the UK is here to stay. The property market in particular has a compelling case for its long term viability. The UK can’t build houses fast enough to house its expanding population and is over a decade behind where it needs to be in terms of the number of homes. Coupled with a rise in the appeal of city centre living, this has created an excellent environment for investors from overseas who are looking to commit their funds to exciting regional cities.”
For regular updates on investing in property in the UK, and details of exciting investment opportunities in our regional cities, be sure to follow the Surrenden Invest team on social media.
We’re delighted to be able to share full details of our latest investment opportunity – Ancoats Gardens. Interest in the project is already huge, with people already interested in investing in multiple units – and that’s just from us releasing a few snippets of information on social media. Now, we can reveal all!
Ancoats Gardens is a development of 155 high-spec apartments in the salubrious Ancoats area of Manchester. Ranging in size from one to three bedrooms, the apartments have been designed with contemporary renters in mind, so deliver something that’s a cut above other residences in the area.
The homes are filled with light thanks to their huge windows. In addition, a beautiful sense of space is achieved as a result of maximum ceiling height of 2.7 metres, some 0.5 metres higher than you find in the average city centre rental apartment. These are aspirational homes for ambitious, professional tenants who want the most from their urban lifestyle.
The shared social spaces are also superb. The on-site gym is simply huge. With 1,715 square feet dedicated to this amenity, which is so large it is spread across two floors, tenants can benefit from the latest and greatest fitness machines and regimes, all within their building. The coffee lounge is also superb and provides the perfect spot for relaxing and catching up with friends. Of course, the exceptional roof garden is another ideal place to hang out and socialise!
Investment in Ancoats Gardens starts from £229,714 for a one-bedroom apartment, from £317,143 for a two-bed and from £488,571 for a three-bedroom home. Expected net yields are in the region of 6.0%. Investments are made on the grounds of an 850-year lease.
Ancoats Gardens has already grabbed the attention of national media outlets as a result of its superb design and excellent location, which provides renters with the delightful, almost villagey feel of Ancoats, while still being just five minutes from the main hustle and bustle of Manchester.
All of which means that we’re expecting these apartments to be snapped up in record time. As such, if Ancoats Gardens sounds like your kind of investment, it’s time to get in touch!
If you want to see Ancoats Gardens as well as read about it, why not take a virtual tour? Be sure to connect with the Surrenden Invest team on social media too, to keep abreast of the latest updates on this and other outstanding investment opportunities.
The Surrenden Invest team is delighted to share news of our latest development – Ancoats Gardens in Manchester. While full details won’t be released until next week, we couldn’t help but share a few choice snippets about this exciting new investment opportunity.
“Ancoats has everything going for it as a property investment hotspot. Market forces are combining to make it THE place to focus on in Manchester right now. When it came to our latest, innovative property launch in the city, we knew that no other location would suffice! The development is going to bring a new standard of urban living to Manchester – and Ancoats is the ideal location to push forward such innovation.”
It’s fair to say that some developments are more interesting than others – and Ancoats Gardens is right up there with some of the most exciting that we’ve worked on. The apartments themselves are simply outstanding, with huge ceilings and an industrial chic vibe that is perfectly attuned to what renters in the local area are seeking. Then there are the on-site amenities. We can’t share full details for another few days, but we can say that the rooftop area is going to be incredible! We’ll reveal more later this week…
The local area is also fantastic. Over the past couple of years, Ancoats has been flagged up by the New York Times as one of the coolest places to live in the UK. On this side of the pond, the Times voted it the second coolest location in the country. So what is it that makes this area of Manchester so exciting? The expert team here at Surrenden Invest have had Ancoats on our radar for quite some time. Bordering the popular Northern Quarter, Ancoats has for some time been drawing in Manchester’s creative types, making a name for itself as the city’s most dynamic, creative district. If you want to start an energetic, disruptor business in Manchester, you head to Ancoats to do it.
The area benefits from a vast amount of home-grown talent, with upwards of 50% of Manchester’s graduates choosing to stay in the city after they leave university. The city is second only to London in terms of the percentage of the UK’s total graduates who work there, according to Centre for Cities. These talented young people have helped Ancoats to develop a distinctive vibe that sets it apart from other city centre destinations. Artisan eateries and independent coffee shops have sprung up to meet demand, creating a unique and inviting area that appeals to young professionals looking to get the most out of the urban lifestyle.
All these independent businesses and SMEs have created a fertile breeding ground for success. Deliveroo and Uber both call Ancoats home. Meanwhile the vast NOMA development – the largest regeneration site in the North West of England and the largest development in the UK outside the South East of England – is creating a superb new business and technology hub that will drive further success. The £800 million project will create a long-lasting legacy from which all those living in Ancoats will have the opportunity to benefit.
Excellent connectivity rounds off the area’s attractions. Surrenden Invest’s new Ancoats project, for example, is just a seven-minute walk from Manchester Victoria train and Metrolink station. Manchester Piccadilly, the city’s most connected railway station, is ten minutes away on foot. Meanwhile, Exchange Square and Piccadilly Gardens Metrolink stations are ten minutes and 12 minutes away respectively.
Ancoats’ myriad attractions make it a superb choice for those looking to live in one of the most vibrant and interesting parts of Manchester. And with the launch of an exciting new residential housing development just around the corner, Ancoats is about to become even more attractive…
Over the course of this week, we’ll be releasing further exciting snippets about our new Ancoats development. Follow us on social media to be the first to find out the facts!
The installation of a 110m tall loughing crane over the August bank holiday weekend will mark a new era for Newcastle’s residential accommodation, according to leading property investment agency Surrenden Invest. The crane is being installed to enable the next phase in the erection of Hadrian’s Tower, a residential development that will become the city’s tallest building.
At 27-storeys tall, Hadrian’s Tower will be an exciting new addition to the Newcastle skyline. The apartment block is set to usher in a new style of chic, urban homes, with residents benefitting from a range of on-site amenities. These will include a 24/7 hotel-style concierge service, a café and touchdown meeting points. The crowning glory will be the stunning sky lounge, which will offer unsurpassed views across Newcastle.
“Hadrian’s Tower is an incredibly exciting development to bring to Newcastle, as it will mark the start of a new phase for the city’s property market. We’re seeking to raise expectations with accommodation of this standard and to inspire the future of residential accommodation in the city as a result. Using the tallest crane that the city has ever seen plays a big role in that, not just from the physical build perspective but also from the psychological point of marking the start of a new era.”
With an eight-tonne load capacity, the 110 metre loughing crane, which has a reach of 127 metres, will be used to lift everything from concrete slabs to plasterboard to cladding materials.
“This is a complex operation, due to the size of the crane. Even the mobile crane that is used to install it is enormous. Depending on the weather, we’ll be looking to have the Hadrian’s Tower crane in place by the end of Sunday 26 August. It will then remain on site for a year and the development will be visible from most entry points into the city during that time.
“We believe this will be the tallest crane that has ever been used in Newcastle. The angle of the loughing jib means that the whole structure will reach a height of 130 metres. I can’t see any reason why any of the city’s current buildings would have required a crane of this scale.”
Keith McDougall, Operations Director, High Street Residential Ltd
The crane’s installation marks an exciting stage in the building’s progression and is expected to generate considerable local interest. According to Surrenden Invest, it also signifies the city’s arrival on the global investment map.
Take a virtual tour of this fantastic buy-to-let property investment opportunity.
“There’s no doubt that Newcastle has ‘arrived’ in terms of its investment credentials. We’re talking to a lot of investors who are keen to be part of the city’s future. There’s already plenty of regeneration work underway in Newcastle and some really exciting schemes, but nothing of this height. That’s why we’re so excited to be part of this step-change for the city’s property market.”
For more news of developments within the investment and residential property sectors, call us on: 0203 3726 499 or email us at: email@example.com. You can also use our social media accounts to keep up to date with the latest industry developments and to chat with our expert team.
Having been active in the Manchester property market since 2015, Surrenden Invest has seen the city flourishing as a result of an influx of both modern renters and residential property investors. Now, it seems that we are not alone in recognising Manchester’s excellent potential. According to the Economic Intelligence Unit’s 2018 Global Liveability Index, Manchester has become the UK’s most liveable city.
Rising 16 places up the index to 35th, and leap-frogging London on the way, Manchester has ensured that the North of England is firmly on the map when it comes to global living standards. Along with Paris, Manchester was highlighted as recording the biggest improvement over the past year, both in terms of its overall score and its stability rating.
As a global business centre, Manchester offers myriad employment opportunities, both to workers and to entrepreneurs looking to launch their own start-up ventures. The city also has a rich cultural offering, from the Royal Exchange Theatre’s Hamlet and the country’s top arts centre to the “most intriguing art gallery” (the Whitworth Gallery) and some of the best libraries in England. Rough Guides highlighted all of these factors and more in June 2018 when it flagged up Manchester as the UK’s new cultural hotspot. Of course, there is also a rich musical heritage in Manchester, with contemporary residents enjoying a huge variety of live music.
For property investors, the city’s economic opportunities are too exciting to ignore. Regeneration work is delivering a booming city centre lifestyle, with well-located residential properties much in demand by private renters. The buy to let sector is responding, with developments such as Middlewood Plaza capturing investors’ imaginations.
In the heart of the £1 billion Middlewood Locks regeneration corridor, just 10 minutes from the city centre, the apartments, townhouses and duplexes offer stylish living with superb facilities, from the inclusion of smart technology as standard to the luxurious private roof terrace. In-vestment in the capital quality residences starts from £153,000, with 5.0% net yield.
Offering the ‘big city buzz’ but with a friendly atmosphere and superb transport connections, Manchester’s rise to glory in the Global Liveability Index is easy to comprehend. With property price rises of 30.25% over the past five years (according to Zoopla), so too is its attraction to investors with a keen eye for profitability.
For more information, call us on 0203 3726 499 or email us at: firstname.lastname@example.org. You can also keep your finger on the pulse of the latest industry developments and connect with our expert team by engaging with us on social media.
Prime Birmingham residential values to hit £500 PSF by 2020 (Knight Frank)
West Midlands property prices rising at fastest rate in UK (Halifax)
Birmingham’s innovation and dynamism, along with HS2, capture attention of overseas investors (Surrenden Invest)