The Slate Yard New Bailey

First PRS block completes at New Bailey

The Slate Yard, a £16m waterfront development next to the River Irwell, is now complete, delivering 90 homes.

Developed by English Cities Fund, a joint venture between Muse, Legal & General and the Homes & Communities Agency, the Salford scheme is a mix of one, two and three bedroom apartments over 10 storeys.

The project forms part of a wider regeneration scheme in the New Bailey. A 143-bed Premier Inn and a 615-space NCP car park have been developed by ECf, as well as One New Bailey, ECf’s first office development at the site which completed last year.

Simon Hourihan, project manager at ECf, said: “Forward funding from Legal & General Capital enabled us to deliver The Slate Yard as soon as planning had been approved, so the completion of this first PRS building is a major milestone in the overall masterplan for New Bailey.”

The first residents at The Slate Yard are expected to move in in June 2017 with work due to start imminently on the next phase of the development, which will deliver a further 199 units. This next wave of apartments will be ready for open market sale in the summer.

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