Crown View, Victoria Riverside, Manchester, UK
Manchester, UKStarting Price £245,000
Project Summary
Project Name
Crown View, Victoria Riverside, Manchester, UK
Building Name
CROWN VIEW (2022 New Phase)
PARK VIEW
CITY VIEW
Last Updated
01 September 2022
Leashold
250 Year Lease
Planing Permission No
126944/FO/2020
Permission Granted By
Manchester City Council
Ground Rent
Ground rent – Peppercorn
Developer
FEC
Completion
PARK VIEW - Est. Q1 2024
CROWN VIEW - Est. 2024 - 2025
Service Charge
CROWN VIEW (2022 New Phase)
£2.96 per sqf (estimate) per annum
Project Description
Victoria Riverside marks the first phase of Victoria North (previously Manchester's Northern Gateway), the biggest renewal project Manchester’s ever seen. Jointly developed and funded by FEC and Manchester City Council, Victoria North is set to create 15,000 new homes across 155 hectares and seven neighbourhoods over the next 20 years, helping with the shortfall in housing in Manchester.
The redevelopment project will create better-connected public spaces, new and improved transport links, and more homes, parks and retail spaces for the city’s growing population. At the heart of the regeneration is the new City River Park which covers 46 ha of new and improved parkland. The first phase covering St Catherine’s Wood and the River Irk will be delivered utilising HIF investment by 2024 in line with anticipated completion of the Victoria Riverside scheme. Victoria Riverside is at the forefront of the new, distinct residential neighbourhood at Red Bank and New Town, benetting from its location within Manchester City Centre, but offering something new to its community.
The growing demand for new homes is testament to Manchester’s resurgence as a global destination. The city has one of Europe’s largest student populations, with over 100,000 students, and a graduate retention rate of over 60%. The increasing number of young professionals choosing to call Manchester home is attracting more and more national and international companies, with ITV and BBC at MediaCity in Salford, and the likes of Google, KPMG, Amazon, Hewlett Packard Enterprise, BP and AstraZeneca all setting up offices in the city.
As the job market grows, so does the residential market. Property prices are expected to increase by 17% between 2021 and 2025, while rental growth is forecast to hit 16.5% over the same period.
This marks Manchester as one of the UK’s most exciting investment opportunities, with Victoria
North playing a key role in the city's residential and commercial resurgence. Don't miss this opportunity to be the first to invest in the largest regeneration the city has seen, find your home today at Victoria Riverside.
Pricing
• 1 bedroom starting from £245,000
• 2 bedroom starting from £336,250
• 3 bedroom starting from £444,750
Facilites
- Communal gardens
- Lobby lounge
- Fully equipped gym
- Lounge and private dining area
As residents at Victoria Riverside you'll have access to: