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.
ADVERTISEMENT
https://www.instagram.com/p/CE9RiVRgVCk/
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.
ADVERTISEMENT
“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.
ADVERTISEMENT
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.”
ADVERTISEMENT
___
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
The ‘truly distinguished’ Grade II-listed house on the market for under £1m in the Greater Manchester countryside
Emily Sergeant
A Grade II-listed detached stone residence is on the market in one of Greater Manchester’s most sought-after rural villages.
And the best bit? It’s actually currently being listed at just under the £1 million mark.
Now, despite this being a little cheaper than others properties we feature, it goes without saying that the vast majority of us won’t have this kind of money just sitting in bank accounts right now… but if like us, you’ve got no shame in admitting you love looking at houses you can’t afford in places you’ll probably never live, then allow us to introduce you to this absolute beauty.
This is Springwood House – an exceptional Grade II-listed four-bedroom detached family home that estate agents describe as being ‘truly distinguished’.
This is Springwood House / Credit: West Riding
Nestled in the heart of Delph village – which is one of Saddleworth’s best-loved residential areas, thanks to being within easy reaching distance of a wide range of amenities, good local schools, transport links, and of course, countryside – one of the most noticeable things about this property is just how many original features there are.
We’re talking original Victorian tiles, solid oak floors, and preserved period architrave and archway, sash windows, open fireplaces in nearly every room… the list goes on.
The property is lucky to boast several spacious reception rooms, dining room spaces, a bespoke kitchen that’s been thoughtfully designed to complement the property’s heritage with a convenient utility room, and even well-kept cellars.
The ‘truly distinguished’ Grade II-listed house is on the market for under £1m / Credit: West Riding
Once you ascend the beautiful staircase, you’ll find four generously proportioned bedrooms.
Two of the bedrooms benefit from their own ensuites, three retain original fireplaces, and all enjoy sash windows, fitted wardrobes or storage cupboards, and captivating views over the surrounding countryside.
There’s also two bathrooms – one featuring a freestanding bath and separate shower, and the other offering a shower over bath with exposed beams.
It’s nestled in the picturesque Saddleworth village of Delph, with countryside surrounds / Credit: West Riding
And, of course, just as you’d expect in a picturesque neighbourhood like this one, Springwood House is just as stunning outside as it is on the inside.
Surrounded by beautifully landscaped gardens, the property offers three separate seating areas positioned to enjoy the sun throughout the day, enhanced by the relaxing sound of the nearby river and pond, all set against the backdrop of the Saddleworth countryside.
The property also boasts ample off-road parking for multiple vehicles, and a substantial garage too.
This property is currently on the market with Uppermill-based independent estate agents, West Riding, for and if you fancy taking a closer look, then you can contact the agents to arrange a viewing.
Featured Image – West Riding
Property
Renting is now cheaper than buying across much of the UK – but not in one Greater Manchester area
Emily Sergeant
New statistics have revealed that renting a property is now cheaper than buying one across much of the UK.
But in one popular Greater Manchester area, it still remains the other way around.
According to leading property platform Rightmove, which has analysed the latest price data, the average monthly rent in Great Britain is now lower than a typical new mortgage payment – with the average advertised monthly rent nationwide being £1,547 and a new mortgage on a typical home currently costing around £1,670 a month.
This means that renters, for the first time since June 2025, are coming out £123 a month better off than buyers.
Rightmove says that, to arrive at that figure, it used the current average asking price of £373,971, paired with the average two-year fixed rate of 5.35% recorded so far in April, and with calculations assuming a 20% deposit and a 30-year term.
So, what has changed then? Well, the simple answer is that mortgage rates have gone up.
Renting a home is now cheaper than buying one across much of the UK / Credit: Benjamin Elliott (via Unsplash)
The average two-year fixed rate sat at 4.24% in February, but by April, it had climbed to 5.35%, and unfortunately, that increase is enough to push a new buyer’s monthly payment above what many people are currently paying in rent.
The national picture does not tell the whole story though, however, as there are real differences from one part of the country to another, largely driven by local property prices.
As mentioned earlier, there is one popular Greater Manchester residential area where buying is still cheaper than renting overall, according to the latest data – and that is Salford.
In Salford, the average asking price of a property is £245,478 with an average monthly mortgage repayment being £1,096, whereas the average monthly rent sits at £1,323, so this means that a +£277 difference.
Rightmove property experts say Salford is helped by ‘more affordable’ property prices keeping borrowing costs ‘in check’.
“Mortgage payments have risen quite sharply in a short space of time for new buyers,” commented Rightmove property expert, Colleen Babcock.
“It will be interesting to see whether more would-be buyers turn to renting temporarily while rates remain high, particularly when monthly costs can exceed average rents and the timing of rate cuts is still unclear.”
Emily Sergeant -
10th September 2020 
