Local Blackfriars Construction Updates

Construction Progress - Local Blackfriars

Local Blackfriars is one of our most impressive UK developments located in the heart of Manchester. Here you can see our latest Local Blackfriars construction updates.

 

  • Now officially completed!
  • Units largely tenanted.
  • Finished to a high standard.

August 2019

In this final construction update, RWinvest is delighted to announce that Local Blackfriars in Manchester has now officially completed. The development has legal completion confirmed and has been finished to an unbeatably high standard.

 

We have provided some accompanying images of the completed project to display the high quality of finish achieved by the developer, Salboy Ltd.

February 2019

At Local Blackfriars works are nearing completion across all blocks.

The landscape works of Blocks 1 and 2 are complete and the commencement of Techcrete panels to Block 5. Glazing and fit out works have also begun in Block 3.

 

Summary of Works Progressed

• Pre-occupation checks have commenced on the first floors of both Block 1 and Block 2.
• Landscape works have commenced with paving around the perimeter of Block 1 and Block 2.
• Block 5 glazing has commenced.
• Techcrete panels have commenced on Block 5.
• Block 3 glazing and fit out has commenced

 

Works Scheduled

• Completion of Techcrete panels to all blocks.
• Finish off glazing and fit out within Block 3.

2019

August

August 2019

In this final construction update, RWinvest is delighted to announce that Local Blackfriars in Manchester has now officially completed. The development has legal completion confirmed and has been finished to an unbeatably high standard.

 

We have provided some accompanying images of the completed project to display the high quality of finish achieved by the developer, Salboy Ltd.

February

February 2019

At Local Blackfriars works are nearing completion across all blocks.

The landscape works of Blocks 1 and 2 are complete and the commencement of Techcrete panels to Block 5. Glazing and fit out works have also begun in Block 3.

 

Summary of Works Progressed

• Pre-occupation checks have commenced on the first floors of both Block 1 and Block 2.
• Landscape works have commenced with paving around the perimeter of Block 1 and Block 2.
• Block 5 glazing has commenced.
• Techcrete panels have commenced on Block 5.
• Block 3 glazing and fit out has commenced

 

Works Scheduled

• Completion of Techcrete panels to all blocks.
• Finish off glazing and fit out within Block 3.

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A Thriving Rental Market

The rental market in Manchester is one of the best in the UK. Thanks to rising levels of demand for high-quality rental accommodation, Manchester rental costs have been increasing by around 5.76%. This is good news for those investing in the area, suggesting that the kind of rental returns you can expect from your buy to let venture will remain high.

With such a prime Manchester location, unique and stylish design, and luxury amenities like a cinema room, onsite gym and beautiful sunlit piazza, tenant demand is set to stay high for this property and ensure consistent rental returns for your investment.

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Ongoing Property Market Growth

Manchester has one of the fastest-growing property markets in the UK. Research by Zoopla revealed that Manchester property prices had grown by 5.1% from May 2018 to May 2019, while the North West as a whole has exceeded other UK regions over recent years, with predictions to thrive further within the next few years.

Regeneration plays a big part in this growth, with a number of huge regeneration schemes like MediaCityUK and the upcoming St Johns developments giving the area a significant boost. Those who invest in a Local Blackfriars apartment can expect to benefit from consistent rental returns along with some high returns through capital growth over time.

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