New build development of 45 houses and 9 apartments in Oldham, Greater Manchester.

GDV: £10,990,000

Commencement date of work on site: October 2018

Status: Under construction (as of February 2019)

Fund Raises/Investor return:

There will be further fundraises in order to fund future build costs.

Phase/Fundraise 1- 9%
Phase/Fundraise 2- 10%
Phase/Fundraise 3 – 9%
Phase/Fundraise 4 – 9%
Phase/Fundraise 5 – 9%
Fundraise 6- 9%

Sales update: 2 reserved as of March 2019

– The sales cabin should be onsite in April 2019 and an estate agent is already taking enquiries.

– Sales hoarding should also be up by the end of April 2019.

March 2019 Build Update:

– The land has now been levelled and excavated material has been stored onsite to be removed at a later date.

– Piling work is currently underway from plots 6 through to 11. This will make the ground beneath the developments sturdier and stable.

-Approximately half the piles that are already in the ground were being cut down at the time of the site visit.

-Substructure blockwork (the foundations) have been laid in anticipation of the upcoming brickwork

-Foul (domestically produced water) and surface water (roof or ground water) connections have also taken place over the past month.

-As a whole, everything continues to progress on schedule

– A property that will be available for viewings is on track to be implemented in August

February 2019 Build Update:

– The extensive excavation work on the site is now complete and we await removal of excess material which will be removed later in the build.

– We have now completed piling works on blocks 6, 7, 8 (the insertion of vertical columns of concrete/steel driven deep into the ground to give extra support to the foundations above).

– We have also commenced laying tarmac to the access roads.

January 2019 Build Update: 

– The building site has been stripped of all bushes, foliage, rubbish etc – a process known as ‘site strip’.

-Foundation work has been completed on 2 of the 11 blocks on the site, however, a period of rainfall has slowed this process down. We’re scheduled to recommence this work in February.

-In the meantime, we are progressing with the installation of site drainage, a new access road and building work to the 2 blocks where foundations are in place.

Most Recent Development Images: