HGP funds 237-home Manchester BTR scheme
Lloyds-backed equity investor Housing Growth Partnership has committed £13m to a joint venture with McGoff Group to deliver the 237-home Downtown Victoria North build-to-rent scheme in Manchester.
The development is situated on a former gasworks on Rochdale Road and is a part of the wider Victoria North regeneration programme. Construction work has started and is scheduled to complete in late 2025.
It will provide one, two and three-bedroom flats and townhouses, as well as a communal garden courtyard with seating areas, pocket square and private gardens.
Lloyds-backed equity investor Housing Growth Partnership has committed £13m to a joint venture with McGoff Group to deliver the 237-home Downtown Victoria North build-to-rent scheme in Manchester.
The development is situated on a former gasworks on Rochdale Road and is a part of the wider Victoria North regeneration programme. Construction work has started and is scheduled to complete in late 2025.
It will provide one, two and three-bedroom flats and townhouses, as well as a communal garden courtyard with seating areas, pocket square and private gardens.
The BTR scheme has a reception and business centre, a 24/7 concierge service, residents’ lounge, gym, underground car parking and bicycle storage.
McGoff Construction will act as main contractor and McGoff’s sister company, Downtown Asset Management, will operate the completed development.
This project is McGoff’s second Manchester city centre development.
Chris McGoff, director at McGoff Group, said: “The development is located in a superb part of Manchester city centre. Furthermore, the design and mix of properties within the scheme are excellent. We are confident this BTR scheme will prove popular with the discerning Manchester rental market.”
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Picture from Housing Growth Partnership
