Skip Ribbon Commands
Skip to main content

News Release

Manchester

A third of units at Potato Wharf sell before completion

Off-plan sales for city centre residential development reflecting the booming market


Manchester, 16th July, 2014 – The residential team at property consultant JLL has sold over a third of Lend Lease's Potato Wharf development in Castlefield, ahead of completion.

40 of the 102 high specification one and two-bedroom apartments have been sold in four weeks with prices ranging from £125,000 to £200,000. Residents will move to the scheme once construction is complete in spring 2015.

Louise Emmott, Associate Director Residential at JLL, said: "Demand in Manchester city centre shows little sign of relaxing and this is driving a resurgence in off-plan sales for well-priced, quality space under development.

 

"The draw of city-centre living is changing the occupier market in Manchester. The traditional profile of someone living in the city centre used to be a single person under the age of 35 however we're now seeing the largest growth from the over 35s and families. People are staying in the centre for longer instead of moving to the suburbs and this is driving demand in the market."

Construction at the site began in November 2013 and once complete Lend Lease will have developed 1,500 homes in Manchester.​