4. Secured 3 Developments with 3 more in the pipeline.
Advisor for Manchester Life development team.
Conducted City Centre Survey in 2014.
2015, Conducted Market Research in the USA & Europe (2016).
Held Various Events and forums.
Created a www.ManchesterPRS.co.uk to track the PRC
developments across Manchester & Salford.
Defined Efficient and Effective Operating Structures
Comprehensive Gross and Net Income Modelling to 15 years
WHERE WE ARE WITH PRC
WHAT WE BELIEVE
We believe this is
where City Living is
going in 20 years
and we want to be at
the forefront.
5. Quality of Build
Quality of Service
Quality of Lifestyle & Accommodation
Far Greater Cost of Efficiency
WHY Favour over Buy-To-Let
6. Based on 400 apartments in Manchester City Centre, with standard market rents
on furnished apartments with one and two bedroom mix (projected for 2017),
which are vacated every 12 months, VAT is not included.
Conventional Management Costs Unit Price Total
Finders Fee £500 per tenant £200,000
Lettings Management Fee 10% Rental Income £589,500
Block Management Fee £155 p.a. £62,000
Total £851,000
Total Management Costs per Unit £2,128 p.a.
COST STRUCTURE
Looking at Management fees, it is cost effective to use a holistic service
7. RENTAL PRICES
Comparing 1 & 2 Bed Apartments in New York, Philadelphia & Manchester
New York Philadelphia Manchester
1 Bed £2,990pm £1,653pm £795pm
2 Bed £4,715pm £2,385pm £1,100pm
The above monthly rental prices are an average.
17. TOP
T H I N G S L E A R N E D
Holistic Service
Customer Focus
Better Onsite Services
Dedicated Property Manager Onsite & Lettings
Concierge Facility
Security
Resident Amenities
Community Events
Digital Comms
Onsite Maintenance
18.
19. M A N C H E S T E R
L I F E
D E V E L O P M E N T
M A N C H E S T E R
L I F E
D E V E L O P E R S
3 0 2
U N I T S S T A T U S
C O M P L E T I O
N D A T E 2 0 1 7
20. T R I N I T Y
D E V E L O P M E N T
F I C I M
D E V E L O P E R S
3 8 7
U N I T S S T A T U S
C O M P L E T I O
N D A T E 2 0 1 7
21. C R E S C E N T
D E V E L O P M E N T
F I C I M
D E V E L O P E R S
4 0 5
U N I T S S T A T U S
C O M P L E T I O
N D A T E 2 0 1 7
22. O X Y G E N
D E V E L O P M E N T
P R O P E R T Y
A L L I A N C E
G R O U P
D E V E L O P E R S
3 4 7
U N I T S S T A T U S
C O M P L E T I O
N D A T E 2 0 1 7
23. P R I N C E S S /
W H I T W O R T H S T R E E T
C O R N E R
D E V E L O P M E N T
U R B A N & C I V I C
D E V E L O P E R S
3 4 7
U N I T S S T A T U S
S T A R T D A T E
2 0 1 6
24. N E W B A I L E Y
D E V E L O P M E N T
M U S E
D E V E L O P M E N T
S
D E V E L O P E R S
U N I T S S T A T U S
C O M P L E T I O
N D A T E 2 0 1 6
25. K A M P U S
D E V E L O P M E N T
C A P I T A L & C E N T R I C ,
H E N R Y B O O T
D E V E L O P M E N T S
D E V E L O P E R S
U N I T S S T A T U S
C O M P L E T I O
N D A T E 2 0 1 6
26. W H I T W O R T H
S T R E E T W E S T
T O W E R
D E V E L O P M E N T
B R I G A N T E S
D E V E L O P M E N T
S
D E V E L O P E R S
3 3 0
U N I T S S T A T U S
27. R I V E R S T R E E T
T O W E R
D E V E L O P M E N T
F O R S H A W L A N D
& P R O P E R T Y
D E V E L O P E R S
4 2 0
U N I T S S T A T U S
S T A R T D A T E
2 0 1 6
28. S T J O H N ’ S
D E V E L O P M E N T
A L L I E D
L O N D O N
D E V E L O P E R S
2 , 5 0 0
U N I T S S T A T U S
29. A N G E L
G A R D E N S
D E V E L O P M E N T
M O D A L I V I N G
D E V E L O P E R S
4 5 0
U N I T S S T A T U S
C O M P L E T I O
N D A T E 2 0 1 7
30. D E V E L O P M E N T
M U L B U R Y
H O M E S
D E V E L O P E R S
1 3 4
U N I T S S T A T U S
C O M P L E T I O
N D A T E 2 0 1 7
31. M I D D L E W O O D
L O C K S
D E V E L O P M E N T
S C A R B O R O U G
H G R O U P
D E V E L O P E R S
2 , 0 0 0
U N I T S S T A T U S
32. F I R S T S T R E E T
D E V E L O P M E N T
P A T R I Z I A U K
D E V E L O P E R S
5 0 0
U N I T S S T A T U S
33. A L D E L P H I
W H A R F
D E V E L O P M E N T
F O R T I S
D E V E L O P M E N T
S
D E V E L O P E R S
5 8 0
U N I T S S T A T U S
E X P E C T E D
T O S T A R T
A P R I L 2 0 1 5
34. U R B A N V I L L A G E ,
C L I P P E R S Q U A Y
D E V E L O P M E N T
A R M S T O N E
D E V E L O P M E N T
S
D E V E L O P E R S
6 1 4
U N I T S S T A T U S
S T A R T
D A T E Q 3
2 0 1 5
35. T H E H A T B O X
D E V E L O P M E N T
S C A R B O R O U G
H G R O U P
D E V E L O P E R S
1 4 4
U N I T S S T A T U S
C O M P L E T I O N
D A T E 2 0 1 6
36. A X I S
T O W E R
D E V E L O P M E N T
P R O P E R T Y A L L I A N C E
G R O U P &
D E V E L O P M E N T
S E C U R I T I E S
D E V E L O P E R S
1 7 2
U N I T S S T A T U S
C O M P L E T I O N
D A T E Q 4 2 0 1 6
37. D O W N T O W N
B Y V I L L A O N T
D E V E L O P M E N T
M C G O F F &
B Y R N E
D E V E L O P E R S
3 8 3
U N I T S S T A T U S
E X P E C T E
D T O
S T A R T
2 0 1 5
38. G R E E N G A T E
D E V E L O P M E N T
R E N A K E R
D E V E L O P E R S
4 9 7
U N I T S S T A T U S
E X P E C T E
D T O
F I N I S H
2 0 1 6
39. X 1
M E D I A C I T Y
D E V E L O P M E N T
K N I G H T K N O X
I N T E R N A T I O N A L &
X 1 D E V E L O P M E N T S
D E V E L O P E R S
1 , 0 3 6
U N I T S S T A T U S
E X P E C T E
D T O
S T A R T
F E B 2 0 1 5
40. PRC will
PRC has a
PRC has a
deliver affordable homes
better customer focus
firm place in the market
41. OUR VISION
To be the greatest Residential Property Manager
across the Northern Powerhouse, making our
cities a better place to live.
43. Call 0161 236 3344 and ask for
Michael Howard Managing Director & Owner
email michael@urbanbubble.co.uk
Ian Chatburn Director of Sales & Lettings
email ian.chatburn@urbanbubble.co.uk