Developments delivered by Philip James

25 Apartments sold without a hitch in Denton for £1.15m

£1.1m

LOCATION: Stockport Road, Denton
JOB: Sales / COST: £1.15m

With development on these two distinctive buildings in Denton being finalised over the last two years, the apartments are set facing Stockport Road and Market Street. 25 separate on-site car parking spaces are included and each apartment is self-contained, making the purchase an investors dream. Sold for £1.15m by Philip James Denton, the plot is just half a mile from the M60 in Tameside and is ideally located for easy transport to the City Centre.
"We're looking forward to seeing what the new owners do with the buildings, which will provide beautiful living spaces for families and first-time buyers."
Rob Cuffe, Director 0161 828 8200 rob.cuffe@philipjames.co.uk

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Apartment Block Sold Producing 11% Return on Investment

The block which comprised of 15 x 2 bed apartments was sold recently to a private investor.

Rob Cuffe, a director at Philip James who negotiated the deal tells us. “We were originally approached by a bank in November last year to find a buyer for the whole block. They didn’t want to break it up into individual units. The property, when we were originally instructed, was producing an annual gross income of only £60,000. In order to make the deal a lot more attractive to an investor we suggested to the bank that over the course of the next few months we would find new tenants who would be prepared to pay higher rents. Although this process took nearly 8 months the client has been delighted with the increase which had increased to £92,000 per annum which was an increase of over 50%.”

The property was sold for £820,000.00 to its new owner a few weeks ago and is showing an extremely attractive return of investment of over 11%. The properties were snapped up quickly by tenants who really loved the open plan layouts and interior specs of the properties.

Rob Cuffe, Director 0161 828 8200 rob.cuffe@philipjames.co.uk

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Achieving 100% rental occupancy ready for sale

£10m

LOCATION: Abito, Salford Quays
JOB: Management / COST: £10m / UNITS: 100 +

Manchester's most innovative developer built the landmark Abito building in the City Centre and it was so successful they build another one in Salford Quays and Philip James was invited to get involved. These funky waterside studios appeal to young professional renters, mature students, first-time buyers and investors, with prices from just £85,000.
"We were introduced to Abito prior to completion and asked the best way to introduce it to the market. The sales market wasn't great at the time, so we suggested it be retained for a couple of years and the apartments rented out instead. The developer retained the building and instructed us to let and manage it. We took full control of the process and successfully let and managed the apartments. In 2010 it was sold with 100% occupancy"
Rob Cuffe, Director 0161 828 8200 rob.cuffe@philipjames.co.uk

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Transforming a stalled rural development

£7m

LOCATION: Kinderlee Mill, Glossop
JOB: Refurbishment / COST £7m / UNITS: 50 +

Kinderlee Mill consists of a large selection of new-build houses, new-build flats and converted apartments in a rural location in Chisworth, halfway between Glossop and Marple Bridge. The scheme is finished to a high-standard and sits in quiet beautiful private rural location, yet close enough to local shops, amenities and superb transport links including a local train station at Broadbottom and the nearby M60.
"We were asked to visit Kinderlee Mill in 2011 and give our thoughts on rentals and sales figures. The building programme had stalled a few years ago and urgent action was needed to finish it off. We were instructed to work with building contractors and finish the site as soon as possible ready for occupation, advise on furnishings and put a strategy in place to let the refurbished mill, helping breathe life into the development."
Sally Ann Smith, Director 0161 828 8200 sally@philipjames.co.uk

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Managing one of Manchester's largest developments

£7m

LOCATION: Broadway, Salford Quays
JOB: Management / COST: £7m / UNITS: 180

Broadway was such an irresistible proposition for us; 180 one and two bedroom contemporary apartments at the heart of Salford Quays. They are beautifully designed, attractive and ready to make your own. Situated on Broadway, one of the main roads running through the quays, the apartments are set in their own landscaped gardens, each with a secure parking place; this is modern living at its best. The apartments are currently on the market from £99,950
"Broadway is one of the largest schemes taken on by our Manchester and Salford Quays branches. We currently manage all three buildings, Lexington, Madison and Hudson Court and actively sell 1 and 2 bedroom apartments for our large corporate client. We advise on market rents, improving yields, maintenance, decoration, seasonal trends and the best time to rent or sell."
Rob Cuffe, Director 0161 828 8200 rob.cuffe@philipjames.co.uk

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Reaching full potential for new £5m block

£5m

LOCATION: Fallowfield, Manchester
JOB: Management / COST: £5m / UNITS: 72

After being involved in the marketing and sale of this £5.1m, 72-unit development in central Fallowfield, Philip James Manchester picked up the management deal and looked after bringing the scheme to market, renting, managing and ensuring the block reached full potential for the client.
"We had a brief from the owner to bring this development to the market at the right time and the right price. It was important that we delivered stability and good returns, so we sold and managed it in record time"
Rob Cuffe, Director 0161 828 8200 rob.cuffe@philipjames.co.uk

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Selling to investors and private buyers

£4m

LOCATION: Heaton Gardens, Heaton Moor
JOB: Sales / COST: £4m / UNITS: 22

Heaton Gardens comprises of 22 two and one bedroom apartments spread over two detached buildings, the site was lowered to enable the lower level more light, some apartments benefit form mezzanine floors most had open plan designer kitchens, off road parking and an all electric heating system.
"Heaton Gardens is a prominent and exclusive development within Heaton Moor one which encompasses and portrays a fine example of what the Heaton's are all about - well built, architecturally detailed, large period houses set within leafy grounds close to the railway network. This development was put together by Philip James and sold to Kendal Byrne Developments. It was subsequently sold from our Heaton Moor Office to both investors and private buyers in 2002 for just under £4m."
Mike Wilson, Director 0161 431 5556 mike.wilson@philipjames.co.uk

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Two Philip James offices working together

£4m

LOCATION: Prince Lee Gardens, Heaton Moor
JOB: Sales / COST: £4m / UNITS: 12

"Prince Lee Gardens is a delightful hidden gem, situated within the grounds of a former mansion Mauldeth House, a Georgian villa built by an American merchant in 1830. It became the residence of the first Bishop of Manchester, James Prince Lee in the 1850s, hence the courtyard developments name. Gerry Young owner of Yang Sing, converted the mansion into the Chinese consulate, Camellia House into his main residence and his rear garden to a development of 12 detached houses. Philip James Wilson and Kennedy worked jointly on the sale of this £4m development.
Mike Wilson, Director 0161 431 5556 mike.wilson@philipjames.co.uk

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Successfully selling a difficult site

£3m

LOCATION: Boddens Hill, Heaton Moor
JOB: Sales / COST: £3m / UNITS: 12

Boddens Hill consists of 12 three-bedroom three-storey semi-detached houses all with en-suites, kitchen-diners, lounge with juilet balconies, utility, sep wc, integral garages, off road parking; All houses come with a 10 year NHBC warranty and we exclusively sold the complete site for £3m to individual buyers.
"Bodden's Hill Road was by all local accounts a difficult and expensive site to develop but once done the views the site afforded over the Mersey Valley where worth every penny. The development was built by Wainhomes and a marketed exclusively by Philip James Wilson."
Mike Wilson, Director 0161 431 5556 mike.wilson@philipjames.co.uk

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100% sold within 12-months of completion

£3m

LOCATION: Orchard Gardens, Gatley, Stockport
JOB: Sales / COST: £3m+ / UNITS: 15

"Orchard Gardens was a select development off Longley lane in Gatley of 15 semi detached family homes built by Kendal Byrne Developments. Though slightly off area at the time Philip James and its network of offices, we sold the development as it was nearing completion and all 15 units completed during the last 12 months of construction. The total site selling price was in excess of £3.4m."
Mike Wilson, Director 0161 431 556 mike.wilson@philipjames.co.uk

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Implementing innovative marketing techniques

£3m

LOCATION: The Linden, Didsbury
JOB: Sales / COST: £3m / UNITS: 11

An exclusive development set within a converted Victorian mansion. These grand apartments were individually designed with stylish presentation and particularly high specification kitchens, bathrooms and finishes. The prestigious development was on the edge of the Albert Park conservation area, within strolling distance to both West and Central Didsbury villages. There was remote controlled access to the secure underground parking and landscaped communal terracing and gardens.
"This exciting instruction was one of the most prestigious Victorian conversions to be sold with prices reaching over £300,000 for prestigious two bedroomed apartments. The site was originally a derelict detached mansion which was extended and fully refurbished to create eleven bespoke apartments with balconies including a remarkable penthouse. The apartments sold readily in a difficult market through innovative marketing techniques for which we are renowned."
Rob Kennedy, Director 0161 448 1234 rob.kennedy@philipjames.co.uk

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Sold then retained for renting

£2.8m

LOCATION: Heritage Gardens, Heaton Moor
JOB: Sales / COST: £2.8m / UNITS: 16

Heritage Gardens was developed from a pair of fine Victorian Semi Detached properties with cellars, one a former nursing home and the other a stunning family home. Both property owners where put into negotiation then marketed jointly by Mike Wilson, a number of developers bid for the development at the time and a great price was achieved for the owners.
"Heritage Gardens was converted in 2005 into sixteen two bed apartments over four floors, retaining the stunning period frontage and gardens, with a contemporary rendered finish to the rear. Philip James Wilson sourced an Irish pension consortium to purchase at £2.75m, furnished, carpeted, staged and let the block all within 3 months of final completion. The site is still managed by our team today and the occupancy rate has been astonishing with most re-letting before the current tenancy expires. This is a perfect example of how our services can pull together work as a team from concept to completion."
Mike Wilson, Director 0161 431 5556 mike.wilson@philipjames.co.uk

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Improving a landlord's rent by 70-per-cent

£1.5m

LOCATION: Eccles
JOB: Refurbishment / COST: £1.5m /UNITS: 20+

"This development was being managed by a local agent in Eccles and the landlord contacted Philip James for advice on how to improve the return on his investment. After reviewing the rents he was receiving and looking at the poor condition the development we gave him our assessment. We suggested he remove the current agent, serve notice on the existing tenants (who were paying below-market-value rents) and then refurbish the building. Within 6 weeks of vacant possession we had overseen the refurbishment and enabled the landlord to receive 70% more rent per annum and spend significantly less on maintenance."
Rob Cuffe, Director 0161 828 8200 rob.cuffe@philipjames.co.uk

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Super-fast sale for local entrepreneur

£1m

LOCATION: York Mount, Chorlton
JOB: Sales / COST: £1m+ / UNITS: 8

A striking development of eight apartments, some with balconies and terraces, set against a leafy backdrop, close to the fashionable Chorlton Green. The period facade of the building had been carefully retained with contemporary interiors including solid oak flooring and high specification kitchens, bathrooms and finishes. Landscaped communal gardens with barbeque area, and private car parking.
"I introduced this development to local entrepreneur Gerry Yeung with the idea that this student property could be restyled into luxury apartments. The building had impressive elevations with room to extend at the rear to create stunning balconies and harness the delightful aspect. The building was extremely dilapidated and the renovation created a real gem with all eight apartments selling readily."
Rob Kennedy, Director 0161 448 1234 rob.kennedy@philipjames.co.uk

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Introducing investors to developers

£1m

LOCATION: The Greenery, Didsbury
JOB: Sales / COST: £1m+ / UNITS: 6

A magnificent development of a striking Edwardian detached home into six bespoke and elegant apartments, located on a leafy cul-de-sac close to fashionable West Didsbury village. The apartments offered either period or contemporary living, all with executive levels of specification including modern designer kitchens with solid granite work surfaces. Roof terraces and private gardens. N.H.B.C certified.
"On first viewing this Edwardian family house could well have been refurbished back into a family home, however with many neighbouring buildings having been previously converted we introduced a skilled developer who created six luxury apartments with parking. Our expertise was important in recommending the right product for the buyers and the development sold out before the project was completed."
Rob Kennedy, Director 0161 448 1234 rob.kennedy@philipjames.co.uk

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Turning derelict old garages into a goldmine

£1m

LOCATION: Didsbury Plaza, Didsbury
JOB: Sales / COST: £1m

A modern development of contemporary styled apartments boasting a particularly high level of specification and finish. Located within strolling distance of uber fashionable West Didsbury village with its popular restaurants, cafes and bars. The newly constructed building had secure undercroft parking with an option for roof terraces which were all covered with a Zurich 10 year guarantee.
"Located on the site of a set of old garages as soon as I saw this site I knew there was massive potential. The position was within strolling distance of West Didsbury village and the imminent arrival of the tram."
Rob Kennedy, Director 0161 448 1234 rob.kennedy@philipjames.co.uk

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Why choose Philip James

Let Philip James sell your property development...

"If you own a property development and want to bring it to market in the fastest time and at the best price you'll want to speak to Philip James.

We offer personally tailored solutions to property investors, building companies, buy-to-let investors, international banks and pension funds. Collectively we sell and manage over £440m of property every year so we're always the first choice to sell developments across Greater Manchester. Whether it's a niche collection of private houses or a multi-million apartment block, we can sell it better than any of our competitors.

Take a look through our completed schemes and give my team a call today."

Philip Nolan,
CEO,
Philip James

Our Development Services

WE SELL

Philip James is one of Manchester's leading sales agents, specialising in large-scale multi-million developments. We regularly work with banks, pension funds, landlords and investors to sell their developments at the best price and in the fastest time. We also help our clients with marketing, financial projections and long-term strategies and we have an innovative and original approach to selling. Some of our most recent projects include;

WE REFURBISH

One of the most exciting areas of our work includes the refurbishment of challenging developments. The last 10-years have been difficult for the construction industry and we've been employed to turn around stalled and neglected schemes, from abandoned warehouses to tired 20-year-old blocks. Two of our most recent successful refurbishments include;

WE MANAGE

Property Management is one of the core elements in the success of Philip James. But as well as working with individual landlords, we also working with large corporate clients and complete developments. In the last 5 years we've managed blocks worth over £22m, including the following;

Get in touch

The Philip James Development Team are all Directors of the company and are amongst the most experienced property professionals in Manchester. Between them they have successfully managed, sold and refurbished over £50m of property. If you have a development you would like help with, or just want some advice about how to turn your investment around, call your local manager today;

Manchester & Salford Quays

Rob Cuffe
0161 828 8200
rob.cuffe@philipjames.co.uk

Didsbury

Rob Kennedy
0161 448 1234
rob.kennedy@philipjames.co.uk

Heaton Moor

Mike Wilson
0161 431 5556
mike.wilson@philipjames.co.uk

South Manchester

Sally Ann Smith
0161 828 8200
sally@philipjames.co.uk