Portfolio Sale2015

Portfolio Sale 2015Priestley Homes are part of the Priestley Group of companies alongside Priestley Construction and Priestley Lettings.

At the core of our business is professional service. We are a family run company who place enormous emphasis on exceptional customer service with a view to retaining long-standing relationships with all of our clients.

We are independent specialists in the conversion of historic buildings with an ever expanding portfolio of completed developments in West Yorkshire and the North-West - some of which we are excited to offer to the market in this brochure.

We are offering a diverse and exciting range of investment opportunities in pre-built and pre-tenanted, residential developments, with proven yields which are substantially higher than the UK average of circa 6%.

This portfolio represents the unique opportunity to invest with a highly experienced local developer with a proven track record of delivering high quality residential

projects whilst benefitting from the confidence and security of a contractually assured rental guarantee of 3 years.

As both block-managing agent and in most cases principal lettings provider we are uniquely positioned to offer ‘turn-key’ investments with well maintained, recently refurbished properties achieving maximum occupancy levels. We have well established offices in both Leeds and Bradford city centres which give us an unrivalled knowledge of the local lettings market.

Rocky Lane HMO99a Rocky Lane, Liverpool L6 4BB

Investment highlights

Prices from just £34,500 Fully tenanted 10% yields - above the UK

average of circa 6% Contractually guaranteed return

on investment for 3 years Major UK city ‘Turn-key’ investment with

proven track record

Rocky Lane is an HMO only 3 miles from the amenities of Liverpool city centre, 1.5 miles from the famous Anfield – home to Liverpool FC and 9 miles from Liverpool John Lennon International Airport, which annually serves over 4 million passengers to 60 destinations across Europe.1 The city has a proud academic heritage and is currently home to three major universities with a student body of over 50,000.2 Liverpool is at the core of the broader city region which has a population of 1.5 million people and generates gross value added of £20 billion to the UK economy.2 Rocky Lane was completely refurbished by Priestley Homes in 2015 and is currently fully occupied.

(1). liverpoolairport.com (2). liverpoolvision.co.uk

The Boat House HMOMersey Road, Runcorn, Cheshire WA7 1DF

Investment highlights

Prices from just £36,500 Fully tenanted 10% yields - above the UK

average of circa 6% Contractually guaranteed return

on investment for 3 years

The Boathouse benefits from excellent connectivity being just 0.5 miles from Runcorn rail interchange which provides direct services to London Euston, (in 1h56m) Birmingham New Street (in 1h26m) and Liverpool Lime Street in 20m. The M56, which links with the main motorway network, is just 4.5 miles and Liverpool International airport is 8 miles away. The Boathouse is situated between the major business hub of Liverpool (15 miles) and the picturesque town of Chester (17miles). The Boat House offers an excellent opportunity to invest with confidence in a high-yielding and proven development.

Swallow Hill Works Apartments353 Tong Road, Leeds LS12 4QG

Investment highlights

Prices from just £65,000 10% yields - above the UK

average of circa 6% Contractually guaranteed return

on investment for 3 years Major UK city

Swallow Hill Works is a

development of 8 boutique apartments – a mix of studio and 1 bedroom – only 2 miles from the city centre of Leeds, the capital of Yorkshire. The Leeds City Region is a conurbation with working age population of 1.9 million contributing £55 billion annually to the UK economy.1 Swallow Hill Works benefits from excellent connectivity, Leeds central station is less than 3 miles away, the M62 corridor is only 6 miles and Leeds Bradford International Airport is 10 miles away. An ever-evolving city, Leeds secured a £1 billion investment from the Government

in 2014 as part of their Local Growth Fund which is designed to create at least 8,000 new jobs and allow 1,000 new homes to be built.1 Further improvements to infrastructure (the proposed £250 million Trolleybus scheme)2 and the retail sector – such as the new 42,000m2 mixed-use Victoria Gate3 development anchored by Leeds first John Lewis – will further enhance the city as an important economic hub. Due for practical completion Q4 2015.

(1) the-lep.com (2) ngtmetro.com (3) victoriagate.co.uk

Completely refurbished by Priestley Homes in 2014 and fully tenanted by young professionals and full-time students.

Half Edge Lane ApartmentsSartoria Court, 14-16 Half Edge Lane, Eccles, Manchester M30 9GJ

Investment highlights

Prices from just £90,000 Substantial % BMV discount Prime location in major UK city

A fantastic opportunity to invest in Manchester - the capital of Chancellor George Osborne’s Northern Powerhouse – and a core for Financial and Professional Services, IT and Digital Industries and Biotechnology.1 Manchester is home to several world-class higher education institutions – which account for one of the largest student populations in Europe, two Premier League football teams and MediaCityUK where the BBC base their operations. Manchester airport, which is the second busiest in the UK outside London – serving 22 million annually, provides global connectivity.2

The desirable suburb of Eccles, 4 miles from the city centre is an eclectic mix of bars, restaurants and independent shops. The Half Edge Lane apartments are served by the Eccles rail interchange which is 0.4 miles and the M60 orbital is 2.5 miles – allowing easy access to the major UK cities.

(1) investinmanchester.com (2) manchesterairport.co.uk

For more information on Priestely Homes contact us:

(01274) 371495steve@priestleyhomes.co.ukwww.priestleyhomes.co.uk

3rd floor Consort House, 12 South Parade, Leeds LS1 5QS

All information contained in this brochure is believed to be correct at time of publication and was received from sources deemed to be reliable but its accuracy cannot be guaranteed and none of the information forms part of any contract. This brochure is provided for information and guidance purposes only and is not an invitation to invest. It is advisable to seek independent financial advise prior to making any investment purchase. The Vendor reserves the right to alter the rental and sales pricing without prior notice. Specifications referred to in this brochure may differ from what is stated for each unit type. The Vendor reserves the right to alter the specifications referred to in this brochure without prior notice. Many images in this brochure are computer generated artists’ impressions and actual finishes and details of the properties may change without prior notice.

The statements contained herein are only summary in nature and intended for marketing purposes. A prospective purchaser should refer to the sales contract and all references and exhibits thereto.