Middlewood Plaza (investor)(3)

BROUGHT TO
YOU BY

MIDDLEWOOD PLAZA | SALFORD

AN EXCITINGNEWDEVELOPMENT

IN THE HEART
OF MANCHESTER

DEVELOPED BY

RODUS
DEVELOPMENTS LTD

THE
DEVELOPMENT

Proudly developed by Rodus Developments Ltd, Middlewood Plaza will
bring a much needed modern and exciting range of 127 homes in a range
of styles & design to the increasingly popular area of Middlewood Locks,
Salford.

Consisting of stylish apartments, townhouses and duplexes and located
in the popular Salford area, Middlewood Plaza is the ideal investment
property for those looking to be a part of North West England’s bright
future. The impressive development features split-height blocks of six and
nine storeys, with a total of 127 homes across the site, in the largest of
Manchester’s three main regeneration corridors.

The development features:

RESIDENT AMENITY 24HR CONCIERGE
SPACE TEAM

UNDERGROUND CYCLE BAYS
PARKING

EXCLUSIVE ROOFTOP A RANGE OF
TERRACE RESIDENT SERVICES

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MIDDLEWOOD PLAZA | SALFORD

THE CITY

The local area features a host of key developments, including the
University of Salford and the Crescent District. The Greengate regeneration
is reviving 13 hectares, in order to reconnect the historic centre of Salford
with Manchester’s modern, vibrant city centre. Meanwhile, Irwell River Park
is creating an international waterfront destination that will benefit from a
range of environmental and access improvements, creating opportunities
for sustainable transport, as well as commercial and residential
development.
On the commercial side of things, Digital Village is home to a new business
development that will mix historic features like Ordsall Hall with modern
economic opportunities. Business, creativity and leisure opportunities are
also blended at the nearby Soapworks.

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SUPERBLY
CONNECTED

The development at Middlewood Plaza will benefit from an excellent location
and as part of wider investment into the Middlewood Locks area and
surrounding, the residents will benefit from a host of local amenities nearby
with excellent transport links throughout the city.

ON YOUR DOORSTEP

20 MINUTES WALK FROM
DEANSGATE STATION

15 MINUTES WALK FROM
SPINNINGFIELDS

10 MINUTES DRIVE FROM
MEDIA CITY UK

WITHIN 20 MINUTES WALK OF
MANCHESTER UNIVERSITY & SALFORD UNIVERSITY

25 MINUTES DRIVE FROM
MANCHESTER AIRPORT

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MIDDLEWOOD PLAZA | SALFORD

IDEAL FOR THOSE

COMMUTING
FROM THE CITY

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THE
APARTMENTS

Middlewood Plaza will present a superior quality apartment to the
Manchester rental market, offering investors an exciting and unique
development with broad appeal.

One, two and three bedroom apartments, duplexes and townhouses
Bright, spacish living spaces
High quality kitchens
Contemporary, sleek bathroom finishes
Secure underground parking
Dedicated cycle bays
Fully wheelchair accessible apartments
Whole-house ventilation
Sprinkler system protection
Private roof terrace for all residents

MIDDLEWOOD PLAZA | SALFORD

ONE BED - APARTMANT
2ND, 3RD FLOOR UNIT 19

Size (SQFT) 434

TWO BED - TOWNHOUSE
GROUND FLOOR UNIT 11

Size (SQFT) 635

TWO BED - DUPLEX
4TH & 5TH FLOOR UNIT 23

Size (SQFT) 1149

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TWO BED - APARTMANT
2ND, 3RD, 4TH FLOOR UNIT 6

Size (SQFT) 635

THREE BED - TOWNHOUSE
GROUND FLOOR UNIT 11

Size (SQFT) 1214

THREE BED - DUPLEX
4TH & 5TH FLOOR UNIT 7

Size (SQFT) 1360

Dimensions and measurements are approximate and provided for guidance only.
Such information is given without responsibility on the part of High Street Group.

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ONE ST JAMES’ | NEWCASTLE UPON TYNE
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REASONS
TO INVEST

Where opportunity in the city is limited for investment, Middlewood Plaza will
provide a much needed urban residential living to the PRS marketplace. This
allows for the growing interest within the investment and rental markets to
continue within the city.

At Middlewood Plaza we can provide you with a hollistic approach to ease the
pressure of managing your investment. With our dedicated team of lettings,
block management and sales staff, ensuring you recieve the very best returns
and a future proof investment.

127 HOMES CLOSE TO DEDICATED
CITY CENTRE SALES CONTACT

FULLY MANAGED FURNITURE
INVESTMENT PACKS AVAILABLE

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MIDDLEWOOD PLAZA | SALFORD

SALES
COMPARABLES

Over the previous year property prices have increased signficantly in the
area by (insert market stat). We have compiled the below list of sales and
rental properties recently completed in the market.

DOWNTOWN WILBURN BASIN

2 bed apartment 2 bed duplex

£350,000 £333,000

FORGE REGENT ROAD

2 bed apartment 1 bed apartment

£299,950 £174,999

M5 APARTMENTS ELMIRA WAY

1 bed apartment 2 bed apartment

£265,000 £250,000

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RENTAL
COMPARABLES

Interest in the area has grown considerably, with the city achieving the
second-highest change in average rental prices in the year leading up to
September 2021 – an increase of (insert market stat)* and with an average
rental time of just 15-days.

CHALK NEW MAKER YARDS

2 bed apartment 1 bed apartment

£1,450 PCM £980 PCM

OXBOW HULME STREET

2 bed apartment 2 bed apartment

£1,109 PCM £1,450 PCM

MIDDLEWOOD FARRIER
LOCKS
1 bed apartment
2 bed apartment
£1,000 PCM
£1,240 PCM

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MIDDLEWOOD PLAZA | SALFORD

FINANCIAL
RETURNS

Investing in Middlewood Plaza guarantees you a competitve and profitable
investment benefiting from increased market demand within the area, a
generous 4% interest on your deposit and dedicated sales and lettings
team to manage your investment.

An attractive option for investors, Middlewood Plaza provides a Minimum interest on deposit
secure and profitable return on investment as outlined in our 5
year mortgage purchase example below: £3,500
Type D – 1-bedroom apartment purchase example

Year 1 5 Year Return on Capital

Purchase price £168,000 117%
Deposit £50,400 23.4% ROC
Mortgage £117,600
Repayments £4,116 per annum (3.5% interest) per annum
Rent £12,000 per annum
Profit £7,884 Fully Managed

Year 2 investment

Appreciated property value £171,300 4% interest
Repayments £4,116 per annum (3.5% interest)
Rent £12,600* per annum per annum on deposit
Profit £8,484

Year 3

Appreciated property value £174,726
Repayments £4,116 per annum (3.5% interest)
Rent £13,200*
Profit £9,084

Year 4 Solicitors Fees

Appreciated property value £178,220 covered*
Repayments £4,116 per annum (3.5% interest)
Rent £13,800*
Profit £9,684

Year 5 *when using our panel solicitor

Appreciated property value £181,784
Repayments £4,116 (3.5% interest)
Rent £14,400*
Profit £10,284

Income Return on Capital Capital Growth Total Return on Capital

Investment £50,400 P/P £168,000 £59,204
Profit £45,420 Value at Year 5 £181,784 117% over 5 years
ROC 90% Capital Profit - £13,784 (23.4% per annum)

IN THE PRESS

With an improving market over the previous twelve months Newcastle
propety experts have had their say on the local property market.

“MANCHESTER IS A CITY RIPE “ MANCHESTER HAS LED THE WAY
FOR INVESTMENT THANKS FOR PRICE GROWTH IN THE
TO ITS FANTASTIC LEVELS OF NORTH.
AFFORDABILITY. Seven Capital
“
RW Invest“

“NORTH-WEST ENGLAND ““IN MANCHESTER, PROPERTY
POSTED ONE OF THE PRICES ARE UP 12% YEAR OVER
HIGHEST RATES OF AVERAGE ““ YEAR
RENTAL GROWTH (2.4%) IN Business Insider
THE LAST 12 MONTHS, WITH
THE REGION’S MAJOR CITY
OF MANCHESTER POSTING
POSITIVE GROWTH OF 1.4%.
Select Property Group

“HOME PRICES ARE PREDICTED
TO GROW NEARLY 18% IN
MANCHESTER BY 2025.
Track Capital

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MIDDLEWOOD PLAZA | SALFORD

FURNITURE PACKS

One Bedroom Apartment from £4000 plus vat
Two Bedroom Apartment from £5500 plus vat

For more information and breakdowns of the furniture packs
please email: [email protected]

Westminster Works, a modern and vibrant development in the heart of
Birmingham. With its diverse and modern communities, reflecting the mix
of styles and design you find across the popular city is our inspiration for
the interior designs, forming our furniture packs. With metallic tones and
contrasting soft neutral colours, we want to provide you with a place to
unwund and relax in the surroundings of the bustling city landscape. Flashes
of colour will inspire and create focal points in rooms in order to create a
sense of modern escape when living, working or entertaining at home.

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FAQs

Can I reserve off plan?
Of course, many of our developments are sold prior to construction
completing, we would advise that you take advantage of off plan pricing to
save against future price rises.
Am I able to arrange a site visit?
Certainly. Our team are on hand to arrange any appointments should you
wish to view the development or your apartment throughout the build or
purchase process.
Do I need a solicitor?
You will need to appoint a solicitor once you have reserved your apartment,
however we can recommend a practice from our panel of legal experts.
Do I need to find my own tenant?
Taking advantage of our lettings management service means that you don’t
need to worry about sourcing a tenant or taking care of the day to day
running of your apartment, however you can choose to advertise and manage
the property independantly.
What if I need to source finance?
Our network of expert financial advisors will be able to advise and source you
finance on your investment should you require it.
Will I need to pay for repairs to my apartment?
Any properties managed by our lettings team are covered for minor repairs
by our on-site maintenance staff. Any defects which require an additional
cost will need to be agreed and paid for prior to completion of works.

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MIDDLEWOOD PLAZA | SALFORD

ONE COLLECTION REAL ESTATE

A PROGRESSIVE AND DEDICATED

REAL ESTATE
SERVICES
PROVIDER

THE ONE
COLLECTION

The region’s leading real estate management company, we provide a
hollistic approach to investments with a dedicated team of sales, lettings,
resident engagement and maintenance staff.

LETTINGS

Our lettings team will take care of the stresses and strains associated with
letting out your apartment:

- Marketing and advertsing - Management of the tenant
- Tenant sourcing and vetting - Fully let 159 apartments in less
- Contracts and legal agreements
- Collection of rent than five months
- Re-lets - Increased achieved rents
- Move in and move out processes - Secured more profitable long-
- Payment of rental returns
term lets

BLOCK MANAGEMENT

Each of our developments has on-site block management & concierge
staff helping to manage the day to day running:

- Maintenance and repairs - Growing variety of
- Resident engagement resident services
- Managing communal spaces
- 24 HR Concierge - Resident communication via
personalised app

SALES

Should you ever wish to sell your property, our team of property experts
are on hand to ensure the process is quick and simple:

- Marketing and advertising - Key release and handover process
- Arrange viewings - Full customer journey management
- Valuation & searches entry - Dedicated sales manager
- Assistance with legal process

MIDDLEWOOD PLAZA | SALFORD

HOW TO BUY

Reserving at Westminster Works with The One Collection is a transparent
and simple process from start to finish.

MORTGAGE CASH

RESERVATION FEES - RESERVATION FEES -
£5,000 (REFUNDABLE) £5,000 (REFUNDABLE)

EXCHANGE OF CONTRACTS - EXCHANGE OF CONTRACTS -
5% OF PURCHASE PRICE 5% OF PURCHASE PRICE

(MINUS RESERVATION FEE) (MINUS RESERVATION FEE)

COMPLETION OF FOUNDATIONS - COMPLETION OF FOUNDATIONS -
10% OF PURCHASE PRICE 10% OF PURCHASE PRICE

BUILDING WIND AND WATER TIGHT - BUILDING WIND AND WATER TIGHT -
10% OF PURCHASE PRICE 10% OF PURCHASE PRICE

REMAINING BALANCE FIRST FIX -
ON COMPLETION 10% OF PURCHASE PRICE

SECOND FIX -
10% OF PURCHASE PRICE

PLASTER -
10% OF PURCHASE PRICE

REMAINING BALANCE
ON COMPLETION

M O R TAG E S LEGAL

DALE SHOTTON ANDREW SIMPSON

FINANCIAL ADVISOR CONVEYANCING PARTNER
0797 173 7304 [email protected]

KARIN WOODGATE

MORTGAGE CONSULTANT

0749 570 4521
[email protected]

CONTACT US

STUART NIVEN COLIN MYERS

ASSOCIATE SALES DIRECTOR ASSOCIATE SALES DIRECTOR

0191 933 8598 | 0737 550 9284 0191 933 8598 | 0790 404 9245
[email protected] [email protected]

GENERAL ENQUIRIES

[email protected]

A PART
OF