Why Choose 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 £690m 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 our team a call today.
Philip James Developments
A SELECTION OF 56 1, 2 AND 3 BEDROOM APARTMENTS WITH SECURE PARKING AND 24 HOUR CONCIERGE.
This is a brand new development enjoying natural waterside settings. Lowry Wharf is a development at stark contrast to the vision conveyed by its namesake. A collection of one, two and three-bedroom apartments nestled by the River Irwell. All the apartments are now fully sold to majority investors who are now benefiting from returns of 7%+.
11 STUNNING APARTMENTS WITH SECURE GARAGES AND LANDSCAPE GARDENING.
A stunning contemporary development consisting of 11, 2 bedroom apartments, that are fully let and generating £97,500 rental income per annum/6.5% yield. The development overlooks picturesque Lyme Park and is located within strolling distance of Disley village. The apartments all have good specification kitchens with integrated appliances and stylish bathroom suites with extensive travertine tiling. Each apartment has allocated off road parking and garages, as well as access to secure bicycle storage.
17 INDIVIDUAL APARTMENTS IN A PRIME LOCATION OFFERING NEARLY 10% RETURN
Two grand Victorian semi-detached properties which have been converted into 17 individual apartments and fully let, generating approximately £99,000 per annum/9.5% yield, located within the heart of Fallowfield village. The accommodation consists of 11 studio apartments and 6 1 bedroom apartments. This is a blue chip investment opportunity with the potential of further development. Experienced investors only.
The location of this development is second to none, it is on the main road leading into Manchester City Centre which is home to Manchester University and all that Manchester has to offer.
The property also has the benefit of a large rear garden that could potential be developed on.
9 APARTMENTS SOLD AS AN ONGOING INVESTMENT WITH A RETURN OF 7% INCLUDING THE FREEHOLD AND OFF ROAD PARKING.
Located in Swinton is this small development of 9 apartments. Constructed circa 2009 the apartments are modern and of good size. There is excellent access to all commuter links to Manchester City Centre and the M602. There are 1 x 1 bed and 2 x 2 bedroom apartments on each floor. Each property comes with a parking space. The current rental income is £54,300.00pa. The building is freehold, call today to arrange a viewing.
25 Apartments sold without a hitch in Denton for £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 Center.
“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 [email protected]
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 [email protected]
Achieving 100% rental occupancy ready for sale
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 [email protected]
Transforming a stalled rural development
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.” Rob Cuffe, Director 0161 828 8200 [email protected]
Managing one of Manchester’s largest developments
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 [email protected]
Our Development Services
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;
Boddens Hill £3m
The Linden £3m
York Mount £1m
Didsbury Plaza £1m
Orchard Gardens £3m
Heritage Gardens £2.8m
The Greenery £1m
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;
Kinderlee Mill £7m
Property Management is one of the core elements in the success of Philip James. But as well as working with individual landlords, we also work with large corporate clients and complete developments. In the last 5 years we’ve managed blocks worth over £22m, including the following;
Abito, Salford Quays £10m
Broadway, Salford Quays £7m
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.
Philip James Development Team
Rob Cuffe – Manchester & Salford Quays
0161 828 8200
Rob Kennedy – Didsbury and Withington
Philip James Kennedy
679-681 Wilmslow Road,
0161 448 1234
Leighton Snow – Heatons, Reddish and Denton
Philip James Wilson
218 Heaton Moor Road,
0161 431 5556