We are delighted to report planning was approved on Thursday 5th April 2018 which meant that the exit and return for investors followed suit within weeks. We are extremely proud to confirm that the all-important exit has been achieved, and, we proudly announce the completion of the Salford development exit. Investors have received a superb 20%+ return with all facility capital and fixed returns repaid in full.
Middlewood Plaza is the development of 125 units within the ‘Middlewood Regeneration Corridor’, or Middlewood Locks, a vast expansion programme on the outskirts of Manchester. Our scheme is split over 6 and 9 storeys and contains a mixture of apartments, duplexes, and townhouses. Underground parking, disabled access, and cycle bays are included and smart technology is fitted as standard.
Middlewood Plaza is the ideal investment property for those looking to be a part of North West England’s bright future. This is creating an excellent opportunity for buy-to-let investors looking to address the city’s housing under-supply backlog, with some estimates showing the need for as many as 40,000 additional homes. Prices now start from £153,000.