Social impact developer CAPITAL&CENTRIC is set to redevelop the former Central Retail Park site in Rochdale into a thriving new community.
As featured on BBC2’s Manctopia: Billion Pound Property Boom, the brownfield site will be the first in the UK to deliver CAPITAL&CENTRIC’s new housing concept ‘Neighbourhood’, which is in partnership with Rochdale Borough Council and Rochdale Development Agency.
Neighbourhood Rochdale will include over 200 suburban homes for rent, including a mix of modern, spacious and low carbon homes. Designed by shedkm to be a sustainable exemplar, it will also include a linear park, running track, gym and community hub alongside community space such as café-bars and delis.
The site – which has been vacant for nearly a decade and was previously occupied by Wynsors, Focus and MFI – is a short walk from both the train station, which offers an easy commute into Manchester city centre, and Rochdale town centre.
The plans are part of the transformation of Rochdale town centre, which is in the middle of a £400m regeneration programme.
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Councillor John Blundell – Cabinet member for Regeneration, Business, Skills and Employment at Rochdale Borough Council, board member at the Rochdale Development Agency, and chair of the Rochdale Stations Alliance – said: “With millions already invested into Rochdale town centre, we’ve set the bar very high in terms of want to achieve here and this type of high quality housing is the perfect fit.
“To see the first large scheme come forward from Rochdale’s Rail Corridor strategy is a major milestone and shows the commitment to the strategy.
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“The work we’re doing to create a high quality retail and leisure offer and a reimagined public realm, makes Rochdale a really attractive place to live and I know that these will be the first of many new homes to be built in Rochdale.”
Adam Higgins – co-founder of CAPITAL&CENTRIC – said: “Many Greater Manchester towns have been hit hard by the declining high street but there’s a huge opportunity for places like Rochdale to reinvent themselves with town centre living. The council have a really ambitious vision to transform the town centre and we’re working with them to create an aspirational community with super energy efficient homes, game changing architecture and all the amenities that will attract people to town centre living.”
Designed to breathe life back into struggling town centres, the Neighbourhood concept could be rolled out by CAPITAL&CENTRIC across the UK.
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It aims to reinvent suburban living by designing homes and communities that suit how people live today.
Using modern methods of construction and with open-plan, design-led homes that maximise the use of space, Neighbourhood is a challenge to generic, out-dated housing types that focuses on curating mixed communities for people of all ages.
It goes beyond thinking just about housing, and includes workspaces, community hubs and amenities.
Adam Higgins continued: “Neighbourhood is our way of bridging the gap between urban and suburban living. An antidote to poor quality, out-dated and uninspiring housing types, it recognises that people want to live in communities not just homes, so in Rochdale, we’re planning plenty of green space, a community hub and café-bar.
With easy links into Manchester and a proper mix of homes, we see it appealing just as much to young professionals as downsizers ands it’ll also be pretty unique in that it’s suburban homes but all of them will be for rent.”
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A planning application for Neighbourhood Rochdale is expected early next year.
It will be built by leading construction company Willmott Dixon – who recently completed the £80 million retail and leisure development nearby at Rochdale Riverside – and the site investigation works have started on site this week.
You can find more information via the CAPITAL&CENTRIC website here.
Property
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%.
Emily Sergeant -
10th September 2020 
