Member Article

Derelict to desirable: Regeneration breathes new life into Manchester’s Wilburn Basin

• Wilburn Basin offers investors an average price per sq ft 30% lower than similar developments (Surrenden Invest)
• When complete Wilburn Basin will comprise four distinct blocks varying in height from 8 to 21 storeys (Surrenden Invest)
• Phase one already complete and rented out and the second due this summer (Surrenden Invest)

It was only a short time ago that Manchester’s Wilburn Street Basin was nothing more than a neglected patch of wasteland. However, the area has recently experienced a radical transformation and is now home to a contemporary residential hub.

Surrenden Invest, a property consultancy at the forefront of this movement, believe Manchester’s thriving property market has led to areas outside the city centre undergoing significant redevelopment. Managing Director Jonathan Stephens explains,

“Areas of the city historically seen as outside the core are now providing investors with

all the amenities and quality of prime central but at a much lower price point. The Wilburn Basin is the perfect example.

“Falling on the Salford side of the Irwell means that investors are looking at an average price per square foot that is 30% lower than similar developments within a couple of minutes’ walk.“

Wilburn Basin is a brand-new residence situated on the historic River Irwell Basin. It offers an attractive waterside setting to residents in the city centre, within a short walking distance of the central business district and its excellent array of shops and leisure facilities.

When complete Wilburn Basin will be comprised of four distinct blocks varying in height from 8 to 21 storeys which offer fantastic views across the city, setting a new benchmark for combining city centre living with high quality facilities and private amenity space.

Jonathan continues,

“Wilburn Basin is a project investors can go into with complete confidence with the first phase already complete and rented out, and the second phase completing this summer, whilst also benefitting from the experience and build quality of Manchester’s largest developer.

“This is an area earmarked for substantial capital growth and given the location, will be perfectly suited to take advantage of both Media City and the city centre.“

From just £165,000, all apartments are built to a high specification with Porcelanosa kitchens and Villeroy and Boch sanitaryware. Additional facilities include a private gym, cinema room, a ‘boutique’ hotel style reception with 24 hour concierge and a residents’ lounge. As well as architecturally landscaped gardens and courtyard.

For more information, visit www.surrendeninvest.com or contact Surrenden Invest on 0203 3726 499.

This was posted in Bdaily's Members' News section by Surrenden Invest .