Oxygen

United Kingdom , Manchester , Ancoats

£276,000 GBP to £376,000 GBP

Unit Sizes: 52 SQM. to 67 SQM.

Ownership
Leasehold - 250 Years

Enquire About This Development




    Development Overview

    Oxygen – Overview of the Project

    Home to 12 luxury family townhouses at ground level, 345 1, 2 and 3 bedroom apartments above and basement car parking below, Oxygen sets a new benchmark in 5-star city living.

    Every apartment and townhouse is finished to exceptionally high standards. Full height windows flood the space with natural daylight and balconies offer panoramic views over the city and the Peak District National Park beyond.

    At the heart of the building is a vibrant social hub which offers residents a wealth of luxury leisure amenities featuring a gymnasium, spa and shared outdoor spaces including a garden terrace of stepped allotments on the south corner of the building.

    Oxygen is designed as a modern vertical village offering a diverse range of accommodation and amenities to support a thriving new urban community

    Cultivating Future

    Voted one of the most vibrant destinations in the UK, Manchester is a city alive with culture. A buzzing arts and music scene plays host to many unique events, such as the world famous Manchester International Festival, alongside a rich and constantly expanding offering of first-class culinary and leisure experiences. It’s global sporting conquests, including Manchester United FC and Manchester City FC, complement one of the fastest growing economies in the UK.

    Oxygen is located in the centre of a swathe of new investment connecting the Northern Quarter to Ancoats and New Islington.The city has one of the fastest growing economies in the UK, with many major strategic developments backed by investors from around the world. A key driver of the Northern Powerhouse Partnership, it has successfully attracted national and global businesses such as the BBC and Google to establish strategic sites in the city, resulting in real-estate values being among the most stable and rewarding in the world.

    The Development

    The proposed development has been distilled to three elements: Plinth, Podium and Upper.

    10 Storeys 15 Storeys 31 Storeys

    An Oxygen apartment or townhouse offers an unprecedented balance of high specification, vibrant location and global connectivity setting a new standard for urban luxury living and property investment.

     

    Development Features

    • 24-hour security
    • Gym
    • Lobby
    • Roof Top Terrace
    • TV Cable
    • Washer / Dryer

    Development Facilities

    • Parking Availability: Yes

    Tower Names

    • Tower 1
    • Tower 2
    • Tower 3

    Development Pricing Guide

    CurrencyValueType
    ($) Singapore$0 - $0SGD
    () Philippines Peso₱0 - ₱0PHP
    () Euro€0 - €0EUR
    ($) US Dollar$0 - $0USD

    Development Plan

    Development Videos

    Investment Overview

    OXYGEN – INVESTMENT OVERVIEW

     

    Key Points of the Investment

     

    • Projected 6% rental yield, expected to grow 3% every year
    • 3% annual capital growth
    • Cost of Finance well below the projected Yields.
    • Invest from 342,000 GBP
    • Key Location and Manchester Fundamentals.
    • UK Fundamentals of undersupply and huge Population increase by 2031

     

    Why Manchester?

     

    Manchester has seen unprecedented growth and the good news is it doesn’t look like cooling down anytime soon. Some of the key factors are

     

    • Huge economic boom in Manchester driven by government and private investment
    • Higher business creation than London, housing 80 out of FTSE100 companies
    • Population growth 3x higher than UK average
    • 85% of city centre residents are renting
    • Forecasted to face 28% capital growth over next 4 years – 15% higher than UK average.

    The UK fundamentals are also very strong with the population set to rise by 10% by 2031 and there is already a huge shortage of housing.

    Why Oxygen?

    There are many reasons but the obvious combination of putting one of the best Manchester Developers with one of the best locations and Manchester property growth is pretty much a winning combination. Oxygen itself is only 5 minutes’ walk from Piccadilly station and the new UK Amazon offices it’s pretty clear to see why there will be huge demand for the project.

    The project yields and property growth and the low cost of finance allow property investors to make substantial gains and returns from this project with 46% ROI over 5 years, see example below:

    INTIIAL INVESTMENT                                                 

    342,000

    3% Capital Growth PA for 5 Years

    54,720

    Rental Income

    102,600

    TOTAL RETURN

    157,320 (46% ROI)

    Financing Options below Yield

    As an overseas investor you can reasonably expect to achieve Loan to Value of 70% and an interest only rate of 3.5%. This will enable you to gear your property assets to own 3 units instead of one.

    Simple example below:

    Property value 100,000

    Yearly rental income

    6000.00

    Yearly cost of Finance

    2450,00

    Net Income

    3550.00

    So you haven’t used all your capital i.e. only 30% thus allowing you to Acquire 3 units not one.

    Also over a 5 Year period you would expect the asset to grow to 116,000 with compound growth leaving the net value of your asset at 46,000 but you have only invested 30,000. You then add back the net income of 17.500 and the total return is 63,500 over 200% ROI in 5 years at over 40% PA.

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    About the developer

    Country Group Development

    Alliance Developments UK

    Founded on three decades of developing, selling and managing UK property

    Available Properties

    PREVIEWPRICEBUILDINGBEDROOMSBATHROOMSSIZE
    £276,000 GBP Tower 3 1 1 52 SQ Meter Check Availability
    £376,000 GBP Tower 2 2 2 67 SQ Meter Check Availability
    £342,000 GBP Tower 3 2 2 64 SQ Meter Check Availability

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