The build-to-rent developer has acquired the second phase of the redevelopment of the former Stagecoach depot in Moss Side from contractor Rowlinson for around £9m, after buying the first phase last year for £16m.
House prices and rental values in Manchester could increase by 3.5% in 2022 after a flat 2021, but low housebuilder confidence will impact starts on site for years to come, according to JLL’s UK Residential Forecast Report.
The next phase of consultation has begun with local residents, businesses and groups on Manchester's Northern Gateway proposals, ahead of plans being submitted for the first 270 new homes in Collyhurst.
Far East Consortium, Manchester’s development partner on its £1bn Northern Gateway housing plan, has launched a search for a registered provider to help it deliver affordable homes across Red Bank, with an ambition to deliver 800 such homes over 10 years.
The city council has published an updated strategy for the delivery and management of properties at the lower end of the private rented sector aimed at improving housing, tackling rogue landlords and providing those on lower incomes with greater choice.