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Demand outstrips supply by 100% for new homes in Manchester

Middlewood Locks development receives over 1000 enquiries.

Sheila Manchester

Demand outstrips supply when it comes to new homes, with the gap growing wider every month. The latest statistic being that over 1,000 sales enquiries have been received from potential buyers of apartments currently under construction at the new Middlewood Locks canal side development just a few minutes’ walk from Manchester’s Central Business District, Spinningfields.

“We have been really pleased by the huge level of local interest generated at such an early stage of development just from passers-by and by word of mouth, before our marketing campaign has kicked in,” reported Nicola Wallis, who is in charge of sales and marketing of the apartments. “To cater for the local interest, we have brought forward the opening of the show apartment and marketing suite and had new images produced to give our prospective customers a better idea of what the apartments will look like.”

Meeting the popular spec

Currently under construction, the first phase of Middlewood Locks will provide (571) one, two and three-bedroom apartments all with either a private garden, terrace, balcony or Juliet balcony, ready to move in to in Spring next year, at prices starting at £150,000. The apartments will be of a high specification throughout, featuring open plan living rooms with full height glazing taking advantage of the spectacular views, fully fitted contemporary kitchens with integrated appliances, and luxury bathrooms. There will also be private, covered parking and bicycle storage and alongside the new apartments will be convenience shopping, a nursery, restaurants and bars, and a gym.

Middlewood Locks is a 25-acre landmark development, which will provide a new waterside neighbourhood created around three large basins of the Manchester, Bolton and Bury Canals, connecting to the River Irwell and a short distance from the central business district and retail amenities of Manchester city centre. It will provide a total of 2,215 new homes, 900,000sq ft of commercial space including a hotel.

Nicola Wallis added, “Our vision is to create the most exciting and vibrant new neighbourhood in the city.  Middlewood Locks will also provide restaurants, bars, deli’s, a convenience store, a gym, a nursery and pop-up events in the beautiful landscaping.  Located within a five-minute walk of the city centre, Middlewood Locks will be a true oasis.”

www.middlewood-locks.co.uk

April 24, 2017

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