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Ancoats apartments offer European approach to renting in Manchester

Published date : 27 January 2012

Developer northerngroup has completed a flagship apartment scheme in the heart of Ancoats.

The Ice Plant is a £12m development featuring 82 top specification one, two and three-bedroom apartments offering a European approach to renting in Manchester.

The mixed-use scheme combines the restored façade and original features of Ancoats’ historic ice-making warehouse with three new-build blocks, including an eight-storey tower built around a central glass atrium. Spacious apartments open onto a tree-lined indoor avenue to create a contemporary and community feel. Many also have balconies while four unique duplexes combine original red-brick walls with superior modern fittings, including one with a glazed sauna.

The scheme includes a 2,000+ sq ft penthouse featuring three bedrooms, a double sized bath, island kitchen with integrated wine cooler and panoramic 360 degree views of the city, from the Town Hall to the Etihad Stadium.

northerngroup is retaining complete ownership of the building, with all 82 apartments for rent. This means, unlike traditional buy-to-let landlords who are more detached from their properties, they have an in-house team of property managers to ensure high standards are maintained for all tenants.

The development is close to Northern Quarter bars and restaurants and overlooks the new Cutting Room Square and St Peter’s Church - recently confirmed as a second home for the city’s acclaimed Halle orchestra. It has five glass-fronted, flexible ground level retail / commercial units fronting on to the square that range from 2,000 sq ft to 7,000 sq ft - suited to tenants who can boost Ancoats’ appeal as one of the city’s most vibrant neighbourhoods and destinations.

The development’s entrance area retains historic stone flags and cast iron curbs next to light boxes displaying the work of Dan Dubowitz, Ancoats’ artist-in-residence.

Delivered by the property company’s construction arm, northerngroup build, it received over £4m investment from the Homes and Communities Agency (HCA). The scheme has provided jobs for over 100 local construction workers and apprentices and has been one of only a handful of developments in the city centre to complete since the recession.

Deborah McLaughlin, Executive Director North West for the HCA, said:

“I’m delighted that our investment and support has helped bring about this important, innovative and high quality development that is now providing such vitally needed new homes in the heart of the city. The completion of Ice Plant marks an important milestone in the exciting redevelopment of Ancoats and looks set to play a key role in the ongoing regeneration of this fantastic, historic area of Manchester."

Nathan Ezair, northerngroup’s director, added:

“We believe we have created some of the highest specification - if not the highest specification – apartments in the city centre and are bringing a fresh approach to the rental market. The current economic climate means demand for rentals is higher than ever but that does not mean that communities have to be transient. We are catering for long-term tenants who want to make the property their home and not just a stop-gap – replicating the rental model of mainland Europe and cities like New York. 

“We’ve put a lot of effort into observing and researching Manchester’s property market and listening to what tenants want. People don’t want to live in carbon copy boxes so we have sought to change and improve upon existing models and created a scheme which offers desirable, generously-sized apartments, with premium fixtures and fittings and great attention to detail.

“northerngroup is committed to helping to breathe new life into this historic and very charming part of the city. We are very grateful for the HCA Kickstart funding that has helped us to complete this scheme during very testing economic conditions and believe we have a development which we and Manchester can be rightly proud of.”

All apartments are available furnished or unfurnished. Prices start from £650 per month.

» Read about the northerngroup

» Find out more about the Ice Plant


 

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