Located on the corner of Christopher and Windsor Street, you will find Albion Place. A handsome refurbishment conveniently located next to key transport nodes into the City Centre. The building consists of 72 one and two bedroom apartments, following an open plan design setting with ample natural lighting through wall-to-wall windows.
Albion Place is located between Manchester City Centre and Salford Media City at Salford Quays. The site is in-between these two commercial centres. Also to the North is The University of Salford.
In terms of distances:
With over 30 years of experience, Mandale Homes is the largest privately-owned developer in North East England with experience in all areas of property development, from single homes to industrial commercial spaces. Examples of their work include the GBP24.5 million redevelopment of a Grade II listed mill in Preston, Lancashire into a striking apartment complex, and Hanover Mill on Newcastle’s Quayside, which underwent a GBP31 million restoration into a 181-apartment development.
With one-bedroom apartments starting from £134,450, this is considerably below market value in comparison to other developments in the Salford area; with one-bedroom apartments starting from £182,162 at X1 Michigan Towers or £188,404 in Regent Plaza.
Take a look around the apartments for yourself - use our Virtual Reality links and explore both the 1 bed and 2 bed apartment layout:
Walls and ceilings
Bathrooms and En-suites
Electric and Lighting
The epicentre of the Northern powerhouse
The Northern powerhouse is a government initiative to better connect the core cities of the North through a £7billion investment. The initiative has helped to position Manchester as a now-thriving cosmopolitan city built upon an industrious legacy.
The city has emerged as a natural choice for investment outside of London. Between 2012 and 2024, Manchester will boast 43,000 net new jobs which is a much higher rate of growth than elsewhere in the UK, which will, in turn, contribute £67billion to the GVA.
The Manchester region is one of the most economically diverse inside the UK. It is the main driver of the northern economy, generating nearly 40% of total output(GVA) in the North West and 19% across the whole North of England. Currently, around 1.4million jobs are provided within Greater Manchester. The economic forecasts predict an increase of up to 180,000 jobs by 2037.
Employment opportunities are largely focused around the city centre and adjoining areas such as Salford Quays which combined, account for 20% of jobs. Baseline economic trends indicate that the majority of employment growth would be in Salford, Manchester and Trafford.
Manchester is positioned at the heart of the UK’s revolutionary HS2 high speed rail development. The city already benefits from excellent rail links to key UK hubs and soon, journey times will be greater reduced.
The HS2 will ensure that by 2032-2033, London will be reachable within just up to an hour journey time from Manchester. Also, the city’s new extensive tram network will open up the surrounding areas and beyond with a wide range of Hub rail investment proposed.
Manchester airport is the largest airport outside of London. As a global hub, Manchester provides its 23.5million passengers with direct flights to 225 destinations, including all of the world’s most important cities. It carries over 60% of air passengers in the North to over 200 destinations such as Beijing and Honk Kong to name but a few.
A structural shift away from the tradition of buying over renting has now resulted in owner-occupied property rates in the UK falling to its lowest ever percentage of the total property market. The young professionals of ‘generation rent’ are happy to spend an average of 15 years of their life in rental properties and it is expected that by 2032 more than half of UK homes will be rentals.
Much of the residential development that has taken place since recovery from the 2008 recession has formalised the rental market to respond to the UK population now typically renting for longer. First time owner-occupiers are now on average, 2 years older than they were 2 10 years ago. Manchester has recognised the need for a high-quality rental sector to meet demands of these changing lifestyles and is operating as the centre of the UK rental revolution.
There has been more investment into the private rental sector in Manchester from institutional and professional investors than in any other UK city. This Is largely due to the city’s favourable demographics coupled with the current 98.5% occupancy rates. As such, despite a short period without any change in 2021 due to COVID-19, the rental price growth is expected to make a healthy jump in 2022 followed by consistent increases accumulating to 14.2% by 2025.
Manchester has long been an investment hotspot for knowledgeable property investors. As the UK’s ‘second city’ it is a magnet for people, property and investment. Its high returns and resilient market means it should be high on any investor’s list. Whe …
A report by Knight Frank has revealed the unstoppable growth of the build-to-rent sector. They predict the sector will be worth a massive £146billion by 2025, after being worth just £87.3billion in 2019. This makes it a great choice for a beginner prop …
The third UK-lockdown in response to the coronavirus pandemic has had a huge impact on the country’s housing market. And more people are looking to buy an investment property. Would-be sellers are delaying their listings while demand has continued to g …