CAPITAL&CENTRIC and Kamani planning new £37m Swan Street community
Local residents are being asked for feedback on plans to transform the derelict site on Swan Street into around 120 new homes, with a mix of 1, 2 and 3 bed design-led apartments.
CAPITAL&CENTRIC is planning a £37mtransformation of a derelict site on Swan Street – creating as many as 120 new homes.
The social impact developer – whose work was prominently featured in BBC documentary Manctopia – has launched consultation on plans to create a new community in Manchester’s New Cross district; which straddles Northern Quarter and Ancoats.
The plans have been put together in partnership with Kamani Property Group – with intentions to turn the space into a mix of 1, 2 and 3 bed design-led apartments with a shared roof terrace, ground floor workspace and business locations.
Located opposite the Mackie Mayor food hall and iconic Band on the Wall venue, it will also feature a huge art canvas on the front of the building which would be one of the largest in the city.
Local residents are now being asked for feedback on the plans.
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Tim Heatley, co-founder of CAPITAL&CENTRIC said: “This is a great city centre location in the heart of New Cross so, as always, we want to push boundaries with the design and create something bold. We’ve got a striking roof terrace on top and what could be Manchester’s biggest art canvas on the front.
“This part of Manchester is known for its awesome street murals and we’ll be showcasing work from local and international artists, creating another reason for people to visit the area.”
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The site, which CAPITAL&CENTRIC purchased with Kamani Property earlier this year, is currently home to two derelict buildings once used as a MOT garage and a storage facility.
During lockdown, CAPITAL&CENTRIC opened a COVID supplies depot on the street – providing £500,000 of essential items to local charities.
A new venue, now titled Ramona, will soon move in to the area – a temporary Detroit pizzeria and bakery and bar run by the team behind Trof, Gorilla and Albert Hall.
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Adam Kamani, CEO of Kamani Property said: “We’re eager to get moving with this exciting project and bring further regeneration to this dynamic area of Manchester. Our roots are firmly based in this region and to be able to renovate this derelict site in collaboration with Capital&Centric, will provide a further boost to the revival of the neighbourhood.”
Due to current COVID-19 restrictions the developer is not holding a public event – but locals can have their say by visiting the consultation website here.
Inside the regal Cheshire home for sale on one of Britain’s most expensive roads
Emily Sergeant
A stunning detached family home on one of Britain’s most expensive roads is currently on the market over in Cheshire.
In case you hadn’t heard, a recent report by The Times has revealed where you’ll find Britain’s top 20 most expensive roads for 2026, based off Rightmove data, and Congleton Road in Alderley Edge – slap bang in the middle of Cheshire’s iconic ‘Golden Triangle’ – has appeared in the top five most expensive outside of London.
So we snooped around to see what your money (… or your hypothetical money, at least) can get you on this street, and came across a regal residence currently for sale for a whopping £4.95 million.
This is Highclere – a six-bedroom detached family home occupying a private plot of over 1.3 acres and enjoying panoramic views across the adjoining Cheshire countryside.
This is Highclere – a stunning family home on one of Britain’s most expensive roads / Credit: Andrew J Nowell
Approached behind electric gates, and set back along a sweeping driveway, estate agents say Highclere has been ‘carefully and tastefully’ renovated by the current owners.
It now offers ‘spacious and versatile’ accommodation, and benefits from being within easy reach of Alderley Edge village centre and all the amenities it’s known and loved for.
Some of the stand-out features include an impressive reception hall with large sweeping staircase, open living kitchen with a large central island, large bedrooms, and a full leisure suite with a pool, jacuzzi, steam room, and showers.
There’s also a dedicated bar area, a games room, cinema room, and a gym.
Upstairs is where you’ll find what is described as the ‘unparallelled’ principal bedroom suite with two large dressing rooms, its own living area, en-suite bathroom, and a powder room, as well as four other large bedrooms.
Just as you’d expect, the outside of Highclere is as impressive as the inside.
The property is set within a private plot of over 1.3 acres enjoying panoramic views / Credit: Andrew J Nowell
Not only are there expansive terraced lawns with mature trees and shrubs and two large courtyards perfect for outdoor entertaining, but there is also a large driveway providing off-road parking for multiple vehicles and a detached double garage converted into annexe accomodation.
This property is currently on the market with Alderley Edge-based independent estate agents, Andrew J Nowell, for a Guide Price of £4.95 million, and if you fancy taking a closer look, then you can contact the agents to arrange a viewing.
Or you could just take the cheaper route instead and have a nosy at the Rightmove link here.
Featured Image – Andrew J Nowell
Property
Manchester rent is now ‘41% more expensive than five years ago, according to a recent study
Danny Jones
Yes, that’s right, as per some of the latest data on leased housing in central Manchester, it’s now approximately 41% more expensive to rent here than it was half a decade ago.
If you’ve lived in and around the city centre for long enough, chances are that you’ve already been feeling that difference, especially of late.
The ongoing cost-of-living crisis roughly began in 2021, following the economy and the world essentially opening back up after multiple lockdowns, so it’s little surprise that new research has shown affordability when it comes to renting has been on a slump ever since, too.
As well as the price of seemingly most things in everyday life going up post-pandemic, the average rental rate for even just a one-bedroom flat/apartment has jumped up significantly between 2020 and 2025.
Even some ‘available’ housing in town is being hampered by claddin (Credit: Valienne via WikiCommons)
That’s according to the numbers crunched by credit card experts, Zable, anyway.
Not only did their recent report cite the rent prices going up even before the cost of living crisis – essentially following the outset of the Covid-19 outbreak – but if their figures, the rate of inflation and the unwaveringly high demand for housing are anything to go by, this trajectory is likely to continue in 2026.
As of February this year, around one in three UK households is now a single-person occupancy, which already comes with its challenges (the Manchester City Council tax discount being a thin lifeline for countless), not to mention energy bills and the cost of groceries continuing on an upwards trend.
Put in the simplest and most reductive terms, it’s now almost £300 dearer for most people to live on their own than it was back in 2020, and besides Liverpool clocking in as second on the list of increasingly expensive cities to live (a 42.12% increase), Manchester came in third.
You can see the full table down below:
Rank
City
% increase – 2020-2025
Difference from 2020 to 2025 in £
Average rental cost for a 1 bed 2025
1
Newport
47.39%
£2,611
£8,121
2
Liverpool
42.12%
£2,290
£7,727
3
Manchester
41.00%
£3,364
£11,569
4
Edinburgh
40.28%
£4,620
£16,090
5
Leicester
39.93%
£2,391
£8,379
6
Wolverhampton
39.22%
£2,049
£7,273
7
Nottingham
39.07%
£2,400
£8,543
8
Glasgow
38.02%
£2,679
£9,725
9
Colchester
37.63%
£2,617
£9,572
10
Cardiff
37.06%
£2,828
Average rental cost for a 1-bed 2025
Another fear is that with lots of people finding it hard to manage living in other major cities like London, even those moving to Manchester are also having an impact on how available affordable housing is here.
That’s why schemes such as the new ‘social rent’ development over in Wythenshawe are so important to the current generations of renters, with the possibility of owning your own property in the future becoming increasingly difficult for so many.
It’s also worth noting that Manchester ranked fourth among the British locations where the cost of living is said to have increased the most over the past five years, with the average difference in annual spend growing by an estimated 22.84%.
The Manc -
22nd December 2020 
