Burlington Square @Manchester

Perfect Location for Living next to Educational Hub in Manchester City Center.

Low Cash Upfront & Deferred Payment till Q4 2019

Open Market Valuation Price:

1 Bedroom 422 sqft from £132K
2 Bedroom 683 sqft from £215K

VVIP Preview (Before 23th June) Discount:

1 Bedroom 422 sqft from £126K
2 Bedroom 683 sqft from £204K

Burlington Square @Manchester, UK

Located along the University Corridor & 10-minutes walk to Oxford Road Station

Introduction


 

Type

Descriptions

Project Name  Burlington Square
Developer Name  Factory Estates & Salboy
Location  Burlington Street, Manchester City Center, University Corridor, Manchester, United Kingdom UK
Tenure of Land 150 years
Expected Date of Completion (T.O.P.)  Q4, 2019
Site area
Total No. of Units  273 units of Luxury Apartments, 9-Storeys
 Car Park Lots

About Burlington Square Manchester

burlington-square-manchesterBurlington Square Manchester is located in the heart of Corridor Manchester, which is a modernisation district on the south of Manchester City Centre United Kingdom’s most energetic city. Burlington Square is ideally located in the city’s ‘learning quarter’.  With just 2-5 minutes walk to the University of Manchester Faculty Building, The Royal Northern College of Music, The Manchester Business School and Manchester Metropolitan University. Strategically located 10-15 minutes walk to the City Centre of Manchester, China Town and the lively student population areas in Rusholme, Fallowfield and Withington in the opposite direction.

The Development comprise of 273 apartments with 9 storeys of residential and ground floor communal facilities, commercial units and communal space.

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About Developer’s Background


Factory-EstatesFactory   Estates   comprises   of   personnel   with   a   wealth   of   experience   within the construction and development industry working on projects from inception and feasibility to construction and completion. The team includes Architects,  Landscape  Architects, Urban  Designers,  Master planners,  Developers,  Estate  Agents,  Project  Managers  and Cost Consultants. They are able to work with landowners to create value on sites or find exit routes for landowners looking for capital receipts on their land. Factory Estates are backed  by  large  national  design  &  development  firms  who  also provide  financial  input and specialist advice on Factory Estate projects.

SalboySalboy, Ltd is a privately owned equity investment company, backed by Betfred owner, Fred Done. They provide funding for experienced property developers and investors and will  consider  proposals  for  all  types  of  commercial  and  residential  property  within mainland UK. Salboy Ltd are currently investing hugely in the regeneration of Manchester in the light of the Northern Powerhouse initiative.

 


Project Highlights


Burlington Square Unique Features:

  • Located in the heart of ‘Corridor Manchester’ – an innovation district south of Manchester City Centre – the UK’s most dynamic city
  • Government Strategic Vision & Masterplan for the region due for completion by 2025 > Burlington Square est. 2019
  • Focus for Manchester’s Learning & Knowledge economy
  • Growth of student population within proximity of Burlington Square
  • Government Initiative aim to be Top 5 innovation districts in Europe
  • Investment of £1.5 billion planned in the next 10 years from major institutions and innovative technology companies
  • Investment of Corridor for wide variety of diverse industries from large companies to new start-ups and entrepreneurs
  • Based on data obtained from Greater Manchester forecasting Model (GMFM), Corridor Manchester is generating more than £3 billion in GVA (Gross Value Added) per annum, consistently accounting for 20% of Manchester’s economic output over last 5 years

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Location Map


Burlington Square Manchester offers unparalleled accessibility to amenities and transport links, majority of them walking distance away.

burlington-square-manchester-location-1012x1024

2-5 minutes walk from

  •  the University of Manchester faculty buildings,
  • The Royal Northern College of Music,
  • The Manchester Business School
  • Manchester Metropolitan University (Learning Quarter)

5-10 minutes walk

  • Manchester Teaching Hospital eg Royal Manchester Eye Hospital & Manchester Royal Infirmary
  • Multitude of Sporting Facilities; including Gyms, Tennis Courts, Squash Courts, Indoor & Outdoor football pitches and Manchester Aquatics Centre

10-15 minutes walk to

  •  the City Centre of Manchester, including its large Chinatown
  • lively student population areas in Rusholme,
  • lively student population in Fallowfield
  • lively student population in Withington

 

walkscore87 / Very Walkable more details here

 


 

Site/Floor Plan


Burlington Square Manchester Design Concept

Given the shift in the UK market place for rental properties, IDP architects have been working on designing living spaces that are suitable for exacting demands of the modern city centre rental market.

Many of the apartments currently constructed in city centres across the UK comes from a previous understanding of what purchasers wanted when buying an apartment to live. This included having a ‘master bedroom’ and smaller secondary bedroom, which is completely at odds with the modern rental market demands.

A long standing frustration with many city centre residents is the lack of equally sized internal accommodation especially for tenants sharing, the mainstay of the private rental market. The two bedroom apartments designs at Burlington Square provide the solution.

Apartments have equal sized double bedrooms, each with their own en-suite bathroom; a perfect design solution for tenants sharing accommodation. No longer will tenants have to compromise or squabble over a large master bedroom & small en-suite versus a small second bedroom & a large disconnected bathroom.

Furthermore the design is combined with the careful selection of contemporary fixtures and fittings that are both appealing to tenants and hard-wearing to ensure low maintenance costs over the long term.

Burlington-Square-Manchester-Siteplan

To set the development apart from its rivals and not just attract, but retain quality tenants, a range of communal features have been included:

• Internal shared courtyard area for tenants
• Roof top garden accessibly by all tenants
• Secure bike store
• Concierge and large, welcoming reception area

All of these features set the development apart as one of the best developments in the city, in the best location

Floor Plan:

Burlington Square Manchester High quality finishing

Burlington-Square-Quality-Finishing

Unit Mixes:

92 units of 1 Bedrrom from 38 sqm – 55 sqm
181 units of 2 Bedroom from 61 sqm – 76 sqm

Estimated Rental (Per Calendar Month)

  • 1 bedroom (£750 – £850 pcm)
  • 2 bedroom (£1,100 – £1,200 pcm)

Price Guide/ Sales Package


 

Price Guide

Open Market Valuation Price:

1 Bedroom 422 sqft from £132K
2 Bedroom 683 sqft from £215K

VVIP Preview (Before 23th June) Discount:

1 Bedroom 422 sqft from £126K
2 Bedroom 683 sqft from £204K

Sales Process
%

Booking Fee £2,000
A: 25%/75%
B: On exchange 25% (Exchange of Contract in 21 days from booking date)

  • Extra 25% (With 5% interest on 25%)
    Extra 25% (With 7.5% interest on 25%) And balance on completion est Q4 2019

Other Cost:
Ground Rent: £350 per annum
Service Charge: £2 per sqft
Council Tax:

  • 1 Bedroom Apartment – Band B (£1168.30)
  • 2 Bedroom Apartment – Band C (£1335.21)

Stamp Duty Land Tax (SDLT) Property purchase for Buy to Let

Applicable when buying a property. Buyers have 30 days from the completion date to pay SDLT.

UK-new-stamp-duty-rate
Legal Fee:

  • Professional Fee: £1250.00 + prevailing VAT (1500)
  • Additional Fee: £287.25 + prevailing VAT (344.7)
  • Disbursements: £76
  • Land Registry Fees: £190 – £270

Est Total Cost: £2110.70 (Properties £100,001 to £200,000)
Est Total Cost: £2190.70 (Properties £200,001 to £500,000)

Furnishing Package (Optional)

1 Bedroom

  • Furniture Only – £1,900 + VAT
  • Furniture + Accessories – £2,600 + VAT

2 Bedroom

  • Furniture Only – £2,650 + VAT
  • Furniture + Accessories – £3,850 + VAT

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Interior Design/ Gallery


 

burlington-square-manchester-sports

Multitude of Sporting Facilities

 

burlington-square-manchester-hospital-school

5 to 10 mins walk to Manchester Teaching Hospital

 

burlington-square-manchester-metropolitan-school

2 to 5 mins walk to Manchester Metropolitan University (Learning Quarter)

 

burlington-square-manchester-business-school

2 to 5 mins walk to The Manchester Business School

 

burlington-square-manchester-rncm

2 to 5 mins walk to The Royal Northern College of Music

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Download E-Brochures


OFFICIAL BROCHURES/ Floor Plan

Latest Brochure Click to Download


Contact/ Register Your Interest

Burlington Square Manchester VVIP Booking & Discounts
Burlington Square Manchester VVIP Pre-launch Priority Unit Selection
Burlington Square ManchesterUpdated Information
Burlington Square Manchester Floor Plans
Burlington Square Manchester Price list / Pricing
Burlington Square Manchester Location Map
burlington-square-manchester-logo

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