Manchester-based developer Salboy is predicting huge demand when apartments at their 40-storey residential tower Viadux go on sale next month.
Despite the impacts of COVID-19, Salboy’s Simon Ismail says inquiries for off-plan investments are continuing to generate interest from within the UK as well as overseas.
Publishing new images of the project, the director commented: “Viadux will be Manchester’s premier address, in the heart of the city, close to the historic Civic Quarter and with great transport connections.
“The demand for ultra-high quality living in the best city centre locations continues, and for so many reasons Manchester continues to be the choice within the UK for both investors and people buying to live.
“Rural properties may be back on the agenda but we are seeing the opposite. People are still wanting to buy and live in Manchester and be part of the city’s growth and success.
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“This is a long -term investment in Manchester and from the level of inquiries we know many people are very confident in what Manchester will look like in four years’ time.”
Situated next to Manchester Central Convention Centre, Viadux will offer generous living spaces, luxurious finishes and state of the art technology – all surrounded by beautiful private gardens.
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Residents will also enjoy a range of lifestyle amenities including a fully-equipped gym, separate yoga studio and cinema with tiered seating.
There are also plans to expand the amenity offering into the Grade II viaducts offering unique spaces to relax and socialise alongside new independent retail and coffee shops on adjacent to the main entrance on Great Bridgewater Street.
The first phase release will see one, two bedroom apartments and penthouses up for purchase – handled directly by Salboy’s in-house sales team.
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Prices for a one-bedroom 546 sq ft apartment start at £265,000 with two bedrooms available from £350,000.
The first phase of Viadux units will be launched on 8 August 2020.
Construction is scheduled to take four years – with Salboy’s construction partner Domis already on site undertaking preparatory works alongside an archaeological dig.
Simon added: “The process is simple and buyers will be dealing with Salboy all the way through.
“Working alongside Domis we have a strong track record of delivering high quality residential projects on time and on budget and our pledge at Viadux is to create world class homes for people to enjoy working and living in the city.”
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In June, a planning application for £1m of landscaping and access was submitted to Manchester City Council – which will see a new glass lift and staircase linking directly to the nearby Deansgate-Castlefield Metrolink stop.
Learn more about Salboy developments by visiting their website.
Property
Transformational plans set to be approved for ‘major’ new Manchester city centre park
Emily Sergeant
‘Transformational’ plans to regenerate an underused Manchester city centre site are set to be approved next week.
Following ‘overwhelming’ public support for proposals set out in a public consultation earlier this year – where more than 90% of respondents supported the key principles – Manchester City Council says its executive is expected approve an ambitious vision for the Water Street neighbourhood at a meeting next week (Weds 8 July).
The Water Street Strategic Regeneration Framework (SRF) is set to create a city centre district developed around a new urban park.
The SRF is described as being a ‘high-level blueprint’ for future investment that will guide development through the planning process.
The plans are comprised of a new landscape-led neighbourhood that combines homes – including 20% of them being ‘affordable’ – improved public spaces, enhanced walking and cycling connections, and ‘significant’ new green infrastructure centred around the River Medlock.
Sustainability was highlighted as an area of importance to local residents in the consultation, and to meet these demands, the plans include increased biodiversity, sustainable drainage features, and a largely car-free neighbourhood to support Manchester’s zero-carbon ambitions, as well as the new urban park being at the heart of it all.
The new neighbourhood will also offer plenty of new jobs, skills, and investment opportunities.
“The wider Water Street area has seen major regeneration in recent years with world-class investment at St John’s and Aviva Studios on its doorstep, alongside impressive residential developments,” explained Cllr Gavin White, who is Manchester City Council’s executive member for housing and regeneration.
“This renewed regeneration framework will help guide investment to bring this area up to the same ambitious level with new housing, including affordable housing to create an inclusive new neighbourhood, complemented by a brand-new city centre urban park.”
Featured Image – Manchester City Council (Supplied)
Property
UK’s most popular commuter towns named and four are in Greater Manchester
Emily Sergeant
The UK’s most popular commuter towns have been named, and four of them are here in Greater Manchester.
Where are the most popular commuter towns in the UK right now?
Well, new data collated based on the number of people enquiring about available properties on Rightmove has revealed the locations where buyer demand is highest, and with Manchester being one of the largest cities in the country, of course there’s some Greater Manchester towns on the list.
Rightmove says that choosing the best commuter town requires buyers to balance a number of factors – including property prices, travel times, and local lifestyle.
To narrow it down, the property platform has chosen to focus on commuter towns within a 45-minute rail journey to the target city, and with at least 20,000 people living there.
For Manchester, it’s Stockport that’s taken the title as the city’s most popular commuter town, as amazinly, it generated 70% more enquiries per listing than Manchester itself.
The UK’s most popular commuter towns have been named / Credit: James Feaver (via Unsplash) | Manchester City Council
Being just an eight-minute journey from Manchester Piccadilly, Stockport has an average property price of £308,299.
Elsewhere in Greater Manchester, the picturesque Stockport town of Marple takes second spot on the list, while the Tameside town of Stalybridge comes in third place, and Rochdale also features in the top five, alongside Warrington – which is just outside of our region’s borders, but is only a short 22-minute train journey into the city centre.
Transport options is obviously one of the most important factors in what makes a town a so-called ‘commuter town’.
Stockport benefits from around six fast trains per hour, while Stalybridge and Rochdale offer four per hour. Marple is less frequent at two per hour but still attracts strong interest, likely due to its lifestyle appeal and stunning setting on the edge of the Peak District.
Price growth has been strong across most of the Manchester commuter towns, with Stalybridge (+6.1%) and Rochdale (+5.8%) seeing notable increases year-on-year.
However, average prices for four out of the five commuter locations on the list were higher than the average Manchester property price (£261,891), suggesting that lifestyle factors were a stronger draw for Manchester’s surrounding towns.