Overview

Presenting Redbank Riverside

Forming part of Manchester’s greatest urban renewal project to date, Redbank Riverside in Victoria North, We are delighted to announce the next phase of this development which launches on the 5th August. This is a really exciting opportunity where we expect prices to rise significantly throughout the build. Savills have forecast a hike in prices of 28.8% by 2028 and given the expected handover of 2028 this offers a significant amount of growth during the build period. The last phase (Falcon) sold out within 4 months and as such if you are interested we would strongly urge you to get in touch as the availability will move rapidly.

The apartments are priced from £250,000 with only 10% or from £25,000 needed now.

We like this development because it offers investors the opportunity to capitalise on a major area of city-centre regeneration. Complete with an incredible residents-only clubhouse, a six-storey building next door where amenities include co working space, bar, restaurant and gym amongst other things, this next phase is going to sell incredibly quickly. 

Why Victoria North?

A £4billion dollar joint venture between international developer FEC and Manchester City Council, there’s no doubt Victoria North will transform this north east flank of the city. 155 hectares, 15,000 new homes a 115 acre city river park and more than forty acres of public open space, parks, plazas and green streets will create an urban address never before seen in Manchester.

Key development facts:

• One beds £250,000 to £340,000
• Two beds £375,000 to £475,000
• Payment plan: 10% on exchange, 10% 12 months from exchange
• Completes Q2 2028
• 250-year leasehold
• Up to 6.5% yields
• Developer FEC (in JV with Manchester City Council)
• Designed by award-winning architects Hawkins Brown
• Service Charge of £3,97 per square foot
• Fully protected deposit

Key Amenities (within Clubhouse)

• 24 hour concierge
• Residents Lounge
• Gym
• Restaurant/bar