Henson & Stanley Property Services Limited
Your smart way to enter and profit from the property market
About Us!
Henson & Stanley property Services Manchester consists of experienced property investment experts who focus on investments in Manchester. Our experts will walk you through each step of your property investing journey holding your hand the entire time.
We are experts at building wealth through real estate and have a proven track record of doing so. Our team, which includes knowledgeable builders, attorneys, and tax consultants, are tested and trusted.
Property Investment Manchester
We are a company in Manchester, UK that specialise in property, providing you our services to help manage your property investments. Our services include;
Featured In
Property Sourcing
Management of Property Portfolios
Property Management
Property Renovation
Our Services
Property Sourcing
Property Management
Property Renovation
Management of Property Portfolios
Why Should You Choose Us
Access to affordable housing costs
Getting significant discounts is a key advantage of investing with us, especially if you’re investing off-plan. Due to our connections with property developers, working with Henson & Stanley Property Services can result in a sizable discount.
Time saving
Saving time is another advantage of investing with us. We do most of the work for you; you don’t need to keep track of websites like Rightmove or Zoopla, look through auction listings, conduct online research, or schedule property viewings.
Affordable payment plans
The structured payment plans, which we offer, are yet another great advantage of working with us, making your investments more achievable.
Free consultation
We offer free property consultation services to help you proceed, whether you are just starting out with your first investment property, or buying or selling a property. We are able to provide you with in-depth analyses and strategy to create an investment plan that is specific to your needs thanks to our experience, knowledge, and professional network.
Book a Free Consultation
To schedule your no-obligation FREE consultation with a member of our knowledgeable team, kindly give us a call.
How it works
- We’ll give you a call back to learn more about your objectives for investing in the property market.
- We will address any inquiries you may have regarding our service in general.
- By the end of the call, if you are still interested in our service, we will decide together what the next course of action should be.
- There is no pushy sales talk or pressure from us to move forward.
There is no obligation to continue working with us after your consultation, which will be provided at our expense.
Property Sourcing
As part of our comprehensive investment service, Henson & Stanley offers property sourcing. We give insightful advice to help people, from novice landlords to seasoned investors in the UK and abroad, expand their property portfolios.
Our property investment professionals find the ideal properties to suit the various goals, plans, and levels of investment expertise of our clients so that they don’t have to.
We thoroughly assess all potential investment possibilities against a set of investing criteria to ensure they fit neatly into our customers’ portfolios, in addition to providing clients with access to first-rate industry knowledge.
An amicable team
Being a welcoming, easy-to-work-with team that completes tasks to the greatest standard is something we take great pride in. Your property should be easy to find, engaging, and completely transparent from the start.
Cost-effective
Our property sourcing services provide you with cost-effective options without sacrificing quality. So, the sooner you select a property to invest in and turn into income, the sooner you can enjoy your work and start reaping the rewards.
With our understanding of the market and the surrounding areas, we can expedite your search for properties.
The right property
We’ll cooperate rather than compete with you. Since we’re on your side, you’ll have access to our assistance, knowledge, and connections throughout Manchester.
Let’s get started and find your ideal property in Manchester because we’ll be in this together.
Easy strategy
We are the best of both worlds when it comes to old and new school. Our team has customised our strategy so that you are aware of everything we are doing for you.
We take a contemporary approach with a streamlined twist, and we constantly communicate to make things easy to follow.
Why use our property sourcing services?
Real estate investing is all about finding the best deals for you. Local expertise, property knowledge, and a variety of relationships throughout the city are necessary for it. And all we provide you is just that; so, employ our services and you won’t have to risk employing individuals for tasks they are unable to perform. Our network of dependable service providers is available to assist us in any way we may require.
Why not call us now to discuss finding your next house in more detail.
How it works
Planning and Consultation
During a thorough consultation, we will go over the many solutions we provide, the projected results, the associated costs, and our business practices.
Our aim is to fully comprehend your requirements, including what you want to accomplish, how quickly you want to accomplish it, and the level of risk you are okay with.
Following our agreement, we proceed to the following phase.
Sourcing
Your personal expert will be a dedicated contact who will communicate with you about potential homes. On your behalf, they will conduct viewings and report back, sending you images and videos for approval.
If we determine that it’s a good fit, we’ll create a Deal Analysis for the property, a useful summary sheet that includes the financial information for investment, improvement, and returns.
Once we’ve decided on “the one,” our team will work to reach an ideal purchase price and complete the transaction.
Optimization Evaluation
Here’s where we truly work to your advantage. In order to conduct an in-depth inspection of the property and identify any necessary cosmetic and corrective works, our skilled team will make arrangements to visit the property.
We’ll perform a thorough optimization analysis that includes detailed task lists, contractor estimates, and a summary of the best methods to improve the property and get it ready to rent out while utilising high-quality materials and finishes.
Purchase development
As soon as the offer is accepted, we’ll monitor the buying process step by step, coordinating as necessary with the conveyancers and mortgage broker you’ve designated.
We’ll schedule a survey to look for necessary repair work, then we’ll evaluate the report to see whether the purchase price has to be renegotiated. We are here to answer your inquiries at any time.
The goal is to speed up the buying process so that it may be finished quickly and without stress so that you can pick up the keys when the completion date comes.
Property Management
Our professional property management services include regular reporting and direct communication in an effort to maintain investment values and relieve investors of the day-to-day management obligations of managing tenants and property assets.
In order to improve tenant retention and reduce vacancies, our seasoned property managers manage landlord-tenant relationships. They also manage service charge and arrears, financial control and reporting, regulatory compliance, site personnel and supplier services, general procurement, and property repairs and maintenance.
Project Management Services
Management of Income
Proactive income management, including complete financial administration and reporting, of all rent and service charge collections, cost recovery, arrears, and default situations
Lease Compliance
Monitoring of lease compliance to guarantee that tenants fully uphold their end of the bargain.
Managing Tenant Relationships
Positive tenant relations are actively promoted to increase tenant retention and reduce vacancies.
Regulatory Compliance
Compliance with regulations to ensure that fire safety, planning laws, and other statutory issues are satisfactorily addressed
Building Fabric
Management of the building fabric, comprising service charge planning, expenditure predictions, property inspections, contractor management, repairs and maintenance operations, is necessary to keep the structure in excellent condition.
Procurement
To guarantee value for money is realised, procurement and supplier management are used.
Insurance
Insurance management to make certain that all necessary insurances are appropriate, sufficient, and up to date.
Management of utilities
Management of all necessary utilities, such as telecoms, power, water, and gas.
Why do I need property management
Our property management services can help reduce vacancy cycles, which are expensive for a landlord. Without the help of a property management company, it could take you as a landlord many months to prepare a rental property, decide how much to charge, and advertise the property. The time it takes to complete these chores might be shortened with the help of professional property managers. Property management services can also enhance tenant retention after a tenant rents a property. A good tenant is one that a landlord wishes to maintain in a rental unit for as long as feasible. By completing repairs as soon as possible and assisting dependable tenants with any issues, property managers can contribute to this outcome. This increases the likelihood that a good tenant will stay in the property.
Using our property management services has a number of advantages, many of which are directly monetary in nature. However, landlords can gain a number of advantages personally from working with a property management company. A landlord will experience less stress as they deal less with difficult tenants. By using a property management service, a landlord can spend less time on maintenance, collecting unpaid rent from tenants, and enforcing lease restrictions. Utilising a property management company gives landlords more independence, which is the main personal benefit. A landlord can purchase many properties in various areas instead of being committed to just one and delegate management of each one to a property management firm, like us.
Property Renovations
We can also handle any planned property renovations, whether they involve just a few key rooms or the complete house. We collaborate with partners who have an internal team of builders, bathroom and kitchen specialists, and who can oversee the full renovation project from planning and design to building and installation. Along the way, you’ll collaborate with our seasoned design and support team, who will make sure the job is finished to the highest standard, on schedule, and within the allotted budget.
Although redesigning your room can be a significant undertaking, it is unquestionably worthwhile. Whether it’s a personal home or a commercial building or sites, put your trust in our property renovation services, to help you realise the potential of your property. Your journey is supported by our devoted crew at every stage.
What Property Renovation Projects Should I Pick?
It’s crucial to know with absolute certainty whether you plan to hold on to the house after renovations or sell it for profit before beginning any work. But generally, the best property renovation projects for individuals just starting out are those that are livable but extremely run down. Usually, they are houses that appear to have not been decorated since the 1970s. A positive sign is wood panelling and brown carpets with swirl patterns. These don’t appear attractive, and customers frequently can’t see through the chaos to imagine what the finished product will look like, which discourages many people from purchasing them. Most individuals want to buy a house to live in, and not everyone wants to renovate properties. These homes typically stay on the market for a long period because the majority of purchasers cannot afford to do this. Since first-time buyers typically struggle to acquire a deposit and their mortgage represents a large portion of the purchase price, they are virtually likely unable to purchase such houses and won’t have the extra funds to renovate them.
When someone dies, homes that suit this description frequently go on the market. The family typically just wants the money right away and does not want the trouble of a renovation project to increase the property’s worth. Additionally, there is frequently an emotional connection to the home, and people would prefer to remember it that way.
These homes are widely available in the majority of communities. However, these frequently do not come to the general market through estate agents. Who is most likely to accept a very low offer for a speedy sale is who you really want to know. In order to identify quality property renovation projects, it’s a good idea to establish ties with local estate agents and probate attorneys, which is something we have done. Due to the few visits to the houses and the tendency of the relatives to discard direct mail, leafleting is less effective in these situations.
What Situations Call for Landlords to Improve Their Rental Properties?
Landlords should constantly strive to improve the presentation of their rental property because well-presented properties always let more quickly and frequently for a higher rental. It’s crucial to promote the property appropriately for the type of tenant you want to draw. For instance, a business or professional tenant will demand a high-end finish and fashionable, modern property. Higher-budget consumers have higher expectations; therefore, landlords must make sure their properties are beautiful and modern.
What Renovations Are Most Important for Increasing Value?
Priorities include Bathrooms and kitchens. A stylish, modern kitchen is a must-have investment. Bathrooms are also quite significant. If possible, a two-bedroom home should have two bathrooms. It is worthwhile to build an ensuite in an older home by using space from an existing bedroom (which tend to be larger in older properties). Keep original elements like ceiling roses, cornicing, and fireplaces in old houses. Simple improvements like fresh paint, new flooring, and new drapes are worthwhile if you have a tight budget. The modern appearance of wood flooring is typically preferred by tenants, but make sure your lease permits it.
Ultimately, making improvements to your property will increase its overall capital value, therefore it may be worthwhile to hire a professional to assess the layout. Older homes frequently have cramped spaces; by knocking down a few inside walls, you may create a more open-concept layout with a tremendous wow factor, which will raise the asking price.
Why Choose Us
Our professionals have years of experience in property renovations.
Explicit project costing
Purchase discounts
Totally unique design
Engineering advisory
Best dealers
Building services
Project management
Complete service
Management of Property Portfolios
The importance of ongoing asset monitoring is increased by the complexity and dynamism of the financial markets. Working closely with clients enables us to better understand their goals and develop a plan of action to better manage their portfolio in order to increase their property worth. We take pride in providing a wide range of services based on our in-depth knowledge of the market and our experience as managers of portfolio analysis. A variety of portfolio management services that might be separated by the strategies are offered by our strong research professionals.
In order to maximise value to the organisation, successful portfolio management necessitates a continuous evaluation of each individual piece of real estate and its significance to the long-term goals of the real estate industry. Consequently, the following procedures are taken to ensure strong business growth along with effective real estate portfolio management:
Establish The Business Goal.
Understanding the client’s business objectives establishes the framework for creating an active real estate portfolio. Property managers must obtain business aims from business heads and then define them before making an investment because properties can occasionally behave differently.
Portfolio Assessment of Real Estate
A routine portfolio review is a crucial component of managing real estate properties; the feedback suggests proactive actions like property maintenance and budgeting for a company’s real estate holdings. Tenant default risk, covenant risk, void risk, fire danger, refinancing risk, operational risk, legal risk, political risk, reputational risk, health risk, and safety risk are some of the hazards associated with owning and maintaining properties.
An accurate evaluation of a property portfolio can;
- Discover ways to save money
- Renovate or improve the property to increase its value
- Help generate the highest possible rental revenue.
Plan a Budget
A thorough analysis of the available finances to set aside for emergencies and investments. Additionally, it’s critical to provide money in the budget for costs associated with operations, maintenance, and property management. A profitable property generates income that can be used to refinance other properties in a sizable portfolio of properties in order to maximise the loan to value ratio. Putting aside a budget;
- helps you create long-term wealth
- protects you from uncertain pandemic circumstances.
Diversification of Property
The best asset allocation plan is essential to a profitable property portfolio. A reliable method for achieving the business objective and reducing the risk of income variations is the gathering of varied properties. Real estate investment categories include:
- Undeveloped Land: For long-term investment, investors can purchase a piece of land they can later sell for a profit. This land can be utilised to develop apartments or houses, resell it, or rent it out.
- properties: Renting out real estate generates consistent income. Rent received from these properties provides money for investors.
- Commercial real estate: For consistent income, commercial property owners can lease office buildings, retail establishments, industrial areas, etc.
Expert Consultation
You can better comprehend the worth of a property and the assets chosen to create the total business portfolio with the aid of a knowledgeable property portfolio manager. As seasoned property portfolio managers we;
- Manage the budget
- Creates a portfolio with business goals in mind
- Make investments in accordance with the immediate and long-term needs of the company.
A profitable real estate portfolio doesn’t just appear overnight. But as professional portfolio managers, however, we ensure good cash flow and the highest possible return on investment.
Why is Henson & Stanley Appropriate for Managing Your Property Portfolio?
We help our clients find valuable properties, refinance the profit, and expand their portfolios more quickly. Clean and trustworthy data from the portfolio of properties helps our property managers to streamline operations and give us access to mission-critical tasks.
As industry experts, we are aware of your goals and work to establish a strong property portfolio while considering market opportunities and financial constraints. Within their preferred risk parameters, we tailor investors’ return requirements. When a property’s performance declines, we as experts examine the asset’s performance and take action.
Manchester’s Property Market
- Manchester’s real estate market is gradually evolving into the ideal location for property investors to invest their money in because of its affordable property prices and excellent rental values.
- The Land Registry valued Manchester real estate at just £211,773 on average as of January 2022. This is more inexpensive than cities like Leeds,
- London, and Edinburgh and nearly £55,000 less expensive than the UK average.
- When you compare core city-centre areas, this affordability is highlighted.
According to Zoopla, property in Manchester Centre City can currently be bought for an average price of £273,855. - The average home prices in Manchester are increasing at an astounding rate, which is significant for real estate investors seeking long-term house price increase.
- The average house in Manchester has grown by a staggering 36.41 percent over the past five years, with a 20-year growth rate of approximately 320%, the most of any major UK city.
- Given these growth rates, Manchester has a sizable possibility for capital growth, which increases the appeal of investing in buy-to-let real estate there.
- This means that Manchester’s real estate market especially after Brexit holds out a lot of hope for 2022 and beyond.
Why invest in Manchester
Investors, students, professionals, homeowners, and tenants alike continue to be drawn to Manchester. We at Henson & Stanley have first-hand understanding of the Manchester real estate market, which has strengthened our knowledge and improved our capacity to find profitable, worthwhile investments in this outstanding, high-growth metropolis. Over 500,000 people now call Manchester home, making it one of the busiest and biggest cities in the North West. The historic Old Trafford stadium where Manchester United plays, the internationally known Northern Quarter, and notable museums are just a few of the wonderful attractions that draw visitors to Manchester all year long. Here is a list of reasons to invest in Manchester.
Affordable Real Estate Prices
Manchester’s average price for a home is £217,831, which is little less than the country’s overall average.
In contrast, the average cost of real estate in London is above £600,000. Manchester is a desirable location for real estate investments due to its below-average property prices and some of the UK’s fastest-growing rental returns.
Access to Transportation
The city has a sophisticated transportation network that consists of buses, trains, and trams. Manchester residents may travel by train to London in just over two hours and to Edinburgh in under four. The city also hosts the third-busiest airport in the UK, after London Gatwick and London Heathrow.
Business Centre
Many businesses and startups, including BBC and ITV, have chosen Manchester as their home, drawn by the city’s low real estate and excellent transportation options.
It is regarded as one of Europe’s top tech hubs and leads the pack in a variety of fields, including manufacturing, life sciences, cybersecurity, fintech, and healthcare. The city’s digital and creative scene has also been significantly influenced by MediaCityUK in particular.
Creative Industry
Manchester boasts a thriving art scene and is home to some of the most recognizable music venues, art galleries, and theatres. Some of the most well-known bands in the nation, including Oasis, The Smiths, and Joy Division, were born in the city.
The Manchester International Festival, which is held every two years and consistently draws sizable numbers of tourists, is also held in the so-called new cultural capital of Britain.
Education
Manchester is home to five of the top institutions in the UK, which draws a large number of students from all over the world and creates an incredible investment opportunity for anyone looking to buy student housing. The demand for luxury and high-end student apartments is particularly strong since international students favour higher-quality real estate.
Regeneration
Manchester’s skyline is constantly changing as a result of new high-rise construction. The city’s infrastructure has greatly improved as a result of a multibillion-pound regeneration program.
There are still a ton of redevelopment initiatives ongoing, offering a ton of investment prospects. You can keep track of all new construction developments right here to make sure you don’t miss a fantastic real estate opportunity.
Football
Manchester United and Manchester City, two football juggernauts that call the city home, should also be mentioned because they have helped Manchester succeed. The two storied football clubs not only bring in tourists and billions of pounds to the local economy, but they also generate more jobs for Mancunians.
Best buy-to-let areas in Manchester
Castlefield
Living by the river on the outskirts of the city is possible in a laid-back neighbourhood along the Bridgewater Canal. Here, new construction, historic developments, and conversions are mixed together. The neighbourhood, which shares the title of hippest place to live with Ancoats and the Northern Quarter, has a rich history and is built around canals and viaducts.
Northern Quarter
Northern Quarter is home to numerous art galleries, craft studios, health food stores, and organic eateries. It has a friendly vibe and is where you can find the best fresh produce markets in the area. The street art and sculptures in this area of Manchester are amazing because it is the centre of the city’s textile industry. The tendency is toward new construction integrated into existing structures and conversions for the residential sector.
Deansgate
Deansgate, regarded as the most affluent area of town, has a number of prestigious home projects, making it a highly sought-after location with footballers, designers, and businesspeople. Along with the remarkable amount of shops, eateries, and pubs in the vicinity, the Triangle’s development and the surrounding Printworks have given the region a decidedly cosmopolitan feel.
Spinningfields
To strengthen Manchester’s position in the international market, this area has emerged as a crucial financial centre. In addition to new houses, civic and public spaces, pedestrian walkways, squares, and parks, Spinningfields has offices, stores, restaurants, and hotels.
Trafford
With plans in place to develop the new Civic Quarter with an initial £1 billion investment, Trafford is experiencing considerable regeneration along Talbot Road, making it more famous as the home of Manchester United Football Club and Emirates Old Trafford Cricket Ground. For its inhabitants, Trafford is more than just a sports-related neighbourhood. Excellent schools, four very distinctive town centres, first-rate dining establishments, and a wealth of recreational options make Trafford a highly sought-after area to reside.
Ancoats
It is simple to commute into the centre of Manchester from Ancoats, which is situated behind the Northern Quarter and the City Centre. Locals may travel from here to Piccadilly Station on foot in under ten minutes. Ancoats is a well-liked neighbourhood for young people to live in because of the abundance of eateries, cafes, and bars there.
Salford
One of Greater Manchester’s most well-liked areas for first-time homebuyers is Salford. With developments like Port Salford, Greengate Square, and the makeover of Pendleton, this well-connected area is experiencing substantial regeneration and is only 15 minutes by tram from Manchester’s city centre.
Eccles
According to Rightmove, Eccles had the best performance in the UK in 2020, with an overall increase in property values of 16%. Young professionals have been drawn to the area by the affordable housing options after being pleased by the town’s first-rate transportation options into Manchester and the surrounding regions. Additionally, it’s a great option for local workers due to its close proximity to important employment centres like Salford and easy access to the university.
FAQ
Frequently Asked Questions
How do I begin?
It’s easy! You need to tell us the kind of property you’re looking for (residential or commercial), your spending limit, and your ideal location, and we’ll handle the rest. In order to provide you with the finest possibilities, we will search our huge database for homes that meet your requirements. It’s just that simple!
Can foreigners buy property in Manchester?
In the UK, there are no legislative limitations on foreigners purchasing real estate. Non-citizens and foreigners can also obtain a mortgage. However, those who have lived in the UK for less than two years and are unemployed might have to meet more rigorous conditions and pay a larger deposit.
Do you provide consulting services?
We are pleased to offer free advice on your needs, but kindly note that we are unable to tell clients whether they will need to apply for planning approval or not. Our property sourcing specialists do have broad networks and contacts they can use to uncover suitable assets, and they will speak with you about how they can best help in the early stages of the process to find potential investment opportunities.