Conversion of the upper floors of three historic city centre buildings into 14 luxury apartments in an excellent location Central Manchester.

GDV: £5,066,000

Status: Crowdfunding and working to complete site acquisition – we exchanged on the site purchase January 2018 and are aiming to complete on the purchase by the end of February 2019.

Investor return:

Phase 1: 10-12%

General update:

-Contracts have been exchanged for the site, and we are due to complete the purchase on Thursday 28th February.

-The design work has been completed – including a proposed extension to create 2 more apartments and a roof terrace.  These plans have been submitted to the council and we expect a decision in around 8 weeks (c. end of March).

-We are working on a final cost sum analysis before appointing our main building contractor who will take possession of the site at the beginning of March (subject to completion).