Construction at Halo is now complete with contractors vacating the site. Home owners and investor clients have been receiving their keys as we hand over their new-build Manchester city apartment.
Located close to Victoria Station, the Northern Quarter and Manchester’s commercial core, Halo is a contemporary designed 6 storey residential development for a world class city.
As well as attracting owner occupiers, Manchester is a UK buy-to-let hot spot with international recognition as huge numbers of young people flock to the city increasing demand for luxury apartments. Halo was sold off plan with early bird investors benefiting from rising capital values and strong rental growth. View one of our current investment opportunities here.
With the scaffolding down and the U.K. basking in the February sun producing record Winter temperatures, it’s the perfect opportunity to unveil the exterior of Halo, our new build development in Simpson St. in the heart of Manchester.
Halo,Simpson St,Manchester M4 4GB
Halo represents a market-leading product for vibrant Manchester city living located a stone’s throw away from “Noma” and the main commercial core of the city centre. It comprises 66 one, two and three stylish apartments benefiting from secure underground parking.
All units are sold but check out current developments and find out how you can also profit from the Manchester booming property market.
Manchester, Leeds and Liverpool have all seen significant housing supply shortfalls in the face of an increase in demand from people wishing to live in the core city centres. And as result of political headwinds, the growth story may be somewhat stifled.
However, looking forward, the prospects for the major urban markets within Northern England are positive. As a recent report from JLL shows, Manchester, Leeds and Liverpool to all see price and rental growth over the next five years to be above the UK average.
In recent years Manchester City Centre has established itself as the most significant residential market in the UK with more than £1.6bn invested over the past 24 months in new purpose built private rental developments in the city centre, mainly on a forward funding basis.
A total of c. 5,600 purpose built private rental units are now under construction making Manchester by far the largest multifamily rental market outside London. While the sheer weight of residential development is impressive the growing importance of the city centre in meeting Greater Manchester’s overall housing need cannot be understated. The new Greater Manchester Spatial Framework – the region’s first ever blueprint for long term development – stipulates that brownfield sites in the city centre should provide for 50,000 new apartments over the next 20 years, a quarter of all projected housing need across the metropolitan county. Given that around 25% of the current 30,000-unit city centre pipeline is yet to get planning permission, supply is on course to meet demand for the first decade of the 20 year GMSF plan.
In the more immediate term Manchester has seen some significant economic wins which have boosted demand for city centre housing. In 2018, a total of 500,000 sq ft of office space was let in three standout deals to Amazon, Booking.com and HMRC.
JLL estimates that currently up to 3,000 units are needed per year for a growing city centre population expected to rise from 55,000 currently to 100,000 by 2026. And given that delivery in the last five years has averaged less than 1,000 new units per annum, a ramp up in supply is long overdue.
House price and rental growth in 2018 was more in line with the rest of the country following considerable growth in recent years. The price of a two bedroom city centre apartment increased by 2% and with supply becoming more closely aligned to demand, JLL expects price growth of 3% pa over the next five years compared with a national average of 2.2% pa. Rental growth in Manchester is forecast to average 3.1% pa compared with 2.4% pa across the UK.
Source: JLL Residential Forecast Northern England 2019
Why not check out all our current developments and find out how you can also profit from the Manchester booming property market.
Construction at Halo, Simpson St, Manchester nears completion as scheduled delivery approaches in the next few weeks.
The show apartment is being prepared and furnished and soon will be available to show case our new build residential city development to owner occupiers and potential professional working tenants.
The Manchester property market is booming with latest research indicating that the city is outperforming every other city in the UK. Capital appreciation growth for the 12 months to the end of June 2018 came to a impressive 7.4% against a national average of 4.6%.
All good news for the off-plan purchasers at Halo with Manchester hitting levels of capital appreciation unmatched across the UK. Manchester’s rental market is also rising higher than in any other UK city with rents up by 10% to April 2018.
Greater Manchester is the UK’s largest and fastest growing economy outside of London, having transformed itself into one of Europe’s most dynamic and exciting cities in which to live and work.
Halo is all sold out, but with forecasts showing that house prices in Manchester are expected to rise by 57% by the end of 2028, why not check out our current developments and find out more how you can also profit from the Manchester booming property market.
It’s great to see activity on our River Plaza, Manchester site this week with the initial site investigation underway to formulate the remediation strategy prior to the construction phase commencing.
The site has been cleared of vegetation allowing surveyors full access to enable them to dig lots of holes and trenches for the next 10 days !
Site engineers will be logging soils and rock and taking appropriate samples for analysis, in preparation of an appropriate Construction Phase Plan, Method Statement and Risk Assessments.
As well as enjoying everything that Manchester has to offer, the enviable riverside location of River Plaza gives great access to the historic Castlefield area and is also in close proximity to Manchester city centre, unlocking the full potential that city living has to offer for residents. To find out more, just register your contact details below and we’ll be in touch.
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As the scaffolding and site offices at Halo are being dismantled, the finishing touches internally are in hand as delivery and handover to buyers is scheduled to commence in the New Year.
Internal corridors painted and carpeted and the lift commissioned.
Furniture has been installed into a show apartment which will be dressed shortly to attract potential tenants to call Halo “home”.
Located within a highly accessible location in close proximity to Manchester Victoria Station, the Northern Quarter and the main commercial core of the city centre, Halo is a modern 6 storey residential development for a world-class city. Comprising 66 one, two and three bed stylish apartments with basement car parking.
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Initial ground works with site investigations have started at “The Warehouse” to kick off our off-plan riverside residential project, “The Warehouse”.
It’s always gives any developer a sense of pride to see the first digger arriving to move the project off the drawing board to seeing activity and progress on site.
We are waiting on the The Local Authority to grant permission to demolish the existing building which we are expecting in the New Year and which will trigger the commencement of remediation and ground works in earnest during Q1 2019.
In the meantime, exploratory investigations for the siting of the pilings for the foundations have been undertaken which meant a lot of men in hi-vis jackets staring into holes !
Located on the banks of the River Irwell, “The Warehouse” at The Dye Works is a new build, off-plan residential development in the heart of Greater Manchester. The high-specification nine storey building complimented with private balconies and roof terrace comprises 86 stunning waterside apartments affording impressive city and water views.
For more information on this or to find out about our other projects, just contact us through the the form below:
Already one of the most sought after areas to live and rent in Manchester, Castlefield is to see further demand with the announcement of Enterprise City.
Enterprise City comprises of 1 million sq.ft of office space across 10 buildings and 10,000 new jobs to be created in the South of the city centre. A state of the art office space is designed to attract further global brands and will make up a new tech, digital and media hub.
With household names such as e-commerce giant Booking.com moving their new global headquarters here and WPP the World’s 2nd largest advertising group moving to Castlefield, this already coveted district of Manchester will see a further influx of professionals.
As one of Manchester’s leading developer’s, we strategically place our residential developments in prime city centre locations and also areas earmarked for future growth and gentrification. With the announcement of Enterprise City, our River Plaza residential development now ticks both of these boxes.
JLL have forecast residential property to grow by 28.2% by 2022. This would be the case for any area within the city. For a continuation of this growth or a ‘second wave’, it is important to look at gentrification and regeneration areas. Where is the demand going to be sustainable? Which part of the city is going to keep evolving?
From River Plaza, a short walk along the river brings you to Regent Road and extra few minutes brings you to Enterprise City and the heart of Castlefield.
Whether your property purchase is to live in or for a buy-to-let, it is always an investment. Investment is about timing and location – which is key to this development. This will always sit in a prime, Manchester City centre location and is couples with sustainable, long term growth.
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Our latest development project, Victoria House, Manchester was announced this week at a public consultation. The feedback proved very positive from the attendees who saw it in context of a master plan for regeneration of a wider city area.
The new 23-storey building will comprise 158 one, two and three bedroom homes. There will be communal roof space and a variety of residential amenities including a gym, community room and dining areas. There will also be ground floor retail units set back from the road and cycle parking.
The site is located within the emerging Portugal Street East and HS2 Manchester Piccadilly Stategic Regeneration Framework (SRF). This means that there are plans for the wider regeneration of the area and this development will contribute to these plans. As part of the plans, Forshaw Land and Property Group, alongside other landowners, will be making a significant financial contribution to the development of new public realm within the Portugal Street East SRF. The vision is to revitalise the area and create a new neighbourhood with a new feel and sense of place.
The Square which will sit adjacent to the Victoria House site will be a pedestrian area around a central lawn and planted trees and active frontages. The Green will form a central focus to the neighbourhood and will sit to the south. This will be a communal park with seating and natural play areas. The Avenue which will provide a pedestrian route through the emerging neighbourhood will be tree lined with additional seating. These plans will be subject to a separate planning application which has already been subject to an online public consultation.
Lyndon Forshaw, Managing Director of Forshaw Land and Property Group, states: “We appreciate local residents, interested parties and businesses taking the time to come and give their views on our proposed development, and are delighted with the positive feedback we’ve received so far.
We feel our proposals will deliver a landmark development which provide both much-needed new homes and a high quality outdoor space that will be used and enjoyed by both visitors to and residents of the emerging Portugal Street East neighbourhood.
We are still working through the final details of the scheme, and are committed to working with the local community. We are grateful to all those who have responded, and we will ensure feedback received during the consultation period is fully considered in our planning application.”
For for any questions and comments about the new proposed project please just drop us a line.
Sales are gathering pace on River Plaza as UK and international launches and presentations of our new-build, off-plan residential development in Manchester unroll. Client events have already been held in London and Hong Kong, with other exhibitions to unroll later this month into mainland China ,Singapore,Taiwan,Thailand and Cambodia.
Activity on the ground has started as hoarding is erected around the site.
Initial ground surveys have commenced as the build programme gets underway with construction scheduled to commence Q1 2019.
In the heart of Greater Manchester, located on the banks of the River Irwell, River Plaza is the latest off-plan residential development from the Forshaw Group. The high-specification 20 storey building complimented with private balconies and terrace comprises 180 stunning waterside apartments affording impressive city and water views.
River Plaza Manchester offers a comprehensive suite of on-site amenities to allow residents to enjoy a twenty-first century city life style to the full. Gymnasium, residents lounge, cinema,concierge services, private dining room with terrace overlooking the river, underground car parking and secure cycle storage provide the reward for living in one of the UK’s most dynamic cities. See further details here or register below for more information.
If you would like to make an appointment to view this property then contact us on 01204 299 229 or use the form below.
Construction on Halo, our Manchester city residential development in Simpson Street in the heart of Ancoats, is progressing ever onwards as purchasers look forward to delivery later this year.
Scaffolding on the top floor has been dismantled as the glass balconies are put in place as installation work continues further down the lower floors.
Internal fixtures and fittings continue through the building with kitchens and bathrooms taking shape.
Kitchens with quality silestone worktops come fully equipped with oven, hob, extractor and top-branded appliances.
Fully tiled bathrooms and ensuite shower rooms with high quality sanitary ware complement the luxury city life style.
Whilst behind the scenes, plumbing, water tanks, boilers and electrics are all well underway as mains connections have been switched on.
The front door with access from Simpson Street into the main reception and lobby area is in place as well as the lift supporting the additional stair wells.
Whilst below ground the basement parking and vehicular ramps are ready to offer residents secure city parking.
As contractors crank up the overtime to push works ahead, we are now regularly welcoming mortgage valuers on site as clients line up their finance and begin ordering their furniture with scheduled delivery just around the corner.