{"id":442,"date":"2023-03-14T15:45:13","date_gmt":"2023-03-14T15:45:13","guid":{"rendered":"https:\/\/propconnections.co.uk\/?post_type=property_investments&#038;p=442"},"modified":"2023-08-24T10:47:59","modified_gmt":"2023-08-24T10:47:59","slug":"st-anns-square-manchester","status":"publish","type":"property_investments","link":"https:\/\/propconnections.co.uk\/property_investments\/st-anns-square-manchester\/","title":{"rendered":"St Ann\u2019s Square - Manchester"},"content":{"rendered":"\n<p>The building is located within a prime area of central Manchester, St Ann\u2019s Square. The developer is to acquire part basement, part ground and the upper floors of this impressive historical building. The property has planning permission for conversion to 23 apartments subject to finalising the S106 agreement. Given the location, size of the apartments and low number of units, the property will be refurbished to a high specification to attract the best possible price for sale.&nbsp;<\/p>\n\n\n\n<p>This excellent apartment development is one not to be missed. The developer seeks an equity investment of \u00a32,300,000 in return for an equity spilt of 50% of profit. The investment funds will be secured via preferred equity shareholders agreement. Over an 18-month period. Build time calculated at 16 months. Capital funds will be returned to the investor from the sale of the apartments. The development is expected to take 16 months. The specification will be a high end luxury finish to achieve the highest sales price and be a desirable development for those wishing superior city living.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The building is located within a prime area of central Manchester, St Ann\u2019s Square. The developer is to acquire part basement, part ground and the upper floors of this impressive historical building. The property has planning permission for conversion to 23 apartments subject to finalising the S106 agreement. Given the location, size of the apartments and low number of units, the property will be refurbished to a high specification to attract the best possible price for sale.<br \/>\nThe developer is seeking an equity investment of \u00a32,300,000 for a 50% share of profits. ROI 24.69 %<\/p>\n","protected":false},"featured_media":445,"parent":0,"menu_order":0,"template":"","completion_status":[6],"investment-category":[],"class_list":["post-442","property_investments","type-property_investments","status-publish","has-post-thumbnail","hentry","completion_status-completed"],"acf":[],"_links":{"self":[{"href":"https:\/\/propconnections.co.uk\/wp-json\/wp\/v2\/property_investments\/442","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/propconnections.co.uk\/wp-json\/wp\/v2\/property_investments"}],"about":[{"href":"https:\/\/propconnections.co.uk\/wp-json\/wp\/v2\/types\/property_investments"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/propconnections.co.uk\/wp-json\/wp\/v2\/media\/445"}],"wp:attachment":[{"href":"https:\/\/propconnections.co.uk\/wp-json\/wp\/v2\/media?parent=442"}],"wp:term":[{"taxonomy":"completion_status","embeddable":true,"href":"https:\/\/propconnections.co.uk\/wp-json\/wp\/v2\/completion_status?post=442"},{"taxonomy":"investment-category","embeddable":true,"href":"https:\/\/propconnections.co.uk\/wp-json\/wp\/v2\/investment-category?post=442"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}