Opportunity to purchase a ready-made portfolio generating £26,040 rent pa & gross yield of 5.8%

Manchester

Manchester is a city situated around 34.8 miles east of Liverpool and 39.4 miles south west of Leeds. The two mainline railway stations serving this city are Manchester Victoria and Manchester Piccadilly. Manchester Victoria is a combined railways station and Metrolink tram stop which is managed by Northern. Westbound from this station twice an hour there is a service to Liverpool Lime Street and another two to Manchester airport via the Ordsall Chord and Manchester Piccadilly. TransPennine express operates 4 trains per hour via Huddersfield, Leeds and York, 2 of which continue to Newcastle, 1 to Middlesbrough and the other to Scarborough. Manchester Piccadilly is the busier of the two stations in terms of number of passengers. This station runs services by six train operating companies. Virgin Trains operate three trains per hour to London Euston, two via Stoke-on-Trent and one via Crewe. Northern provides local trains services to stations in the local Greater Manchester area as well as services to the north and west of Liverpool. Transport for Wales offers hourly services along the North Wales Coast Line via Chester to destinations in Wales. CrossCountry has one hourly service to Bournemouth via Birmingham, Reading and Southampton and another hourly service to Bristol Temple Meads. Getting around the city via public transport could not be easier, with the assistance of Manchester’s Metrolink tram, that has over 90 stops throughout the Greater Manchester area.

Manchester’s Central Retail District is filled with several restaurants and bars, as well as its extensive options of stores. In addition, there are also many cultural attractions around this area, including Manchester’s Opera house, Albert Square and multiple museums.

The Greater Manchester area is home to many big corporations’ headquarters, as it is seen as the growing hub for business in the north west region and is known as the main regional centre for public services. Companies such as Google, BBC, The Co-Operative Group, Kellogg’s and Thomas Cook run large parts of their operations all from the heart of this buzzing city.

This property is ideal for students in higher education in Manchester. Manchester is a major student city with over 50,000 full time students. The three top universities in the City are University of Manchester, Manchester Metropolitan University and University of Salford, which are all about half an hour away via public transport.

Sheffield

Sheffield is a city and metropolitan borough in South Yorkshire, England and is the third-largest English district by population. The city is well connected via the M1 and M18 motorways. The M1 links it to London and Leeds, whilst the M18 runs from Rotherham to Goole. Sheffield is also very easy to reach by train as major routes pass through the station. East Midland Trains run a regular fast service from London St Pancras to Sheffield, taking approximately 2 hours. The Cross Country Route links the East of Scotland and Northeast of England with the West Midlands and the Southwest, linking Liverpool and Manchester with Hull and East Anglia. High Speed 2 is planned to be operational by 2033 serving a city centre station in Sheffield, running services to Birmingham, London, Leeds and Newcastle. There are 5 other railway stations in Sheffield that serve as commuter stations for suburban communities.

The closest airport is Doncaster Sheffield Airport which lies around 25 miles outside the city centre and operates regular flights to European destinations. Other nearby airports include Manchester Airport, Leeds Bradford Airport and Nottingham’s East Midlands Airport.

Sheffield has a number of museums and heritage attractions, such as The Metalwork Collection, Kelham Island Museum, Abbeydale Industrial Hamlet, Weston Park Museum, Sheffield Cathedral, National Videogame Museum, Beauchief Abbey and Magna to name a few. Sheffield long sporting heritage aside from the World Snooker Championship make it is also home of the Sheffield Steelers, the UK’s first professional ice hockey team and the worlds oldest football club, Sheffield FC.

With more than 250 parks, woodlands and gardens and 1,600 acres of nature reserves Sheffield is England’s greenest city. It is estimated that around 61% of the city is greenspace, making it ideal for anyone who enjoys outdoor pursuits. Additionally, the Peak District National Park borders the southwest of the city offering further outdoor-based activities.

Sheffield has two universities, University of Sheffield and Sheffield Hallam University. The University of Sheffield has two main campus areas, the Western Bank and the St George’s. It ranks among the top 10 UK universities for grant funding and eight Nobel laureates are affiliated with it, six of which are alumni or former long-term staff at the university. Sheffield Hallam University is also based on two sites, the City Campus near the railway station and Collegiate Crescent Campus in the Broomhall Estate. It was ranked the 11th largest university in the UK in 2016/2017. Both universities attract around 60,000 students annually.