New Luxury Manchester Residence Reaches 90% Sold Milestone

News
27/03/2024

  • One Port Street delivers record sales for Select Property achieved in a year from a single development, with 90% of the residence now sold.

  • Luxury residence between Manchester's iconic Northern Quarter and Ancoats residences nearly fully sold out.


Property investment specialist, developer and operator Select Property, has issued a final call to buyers and investors at its One Port Street residence in Manchester city centre, with 90% of the development now sold in just 15 months.


The milestone marks the most sales raised from a single development in Select Property's 20-year history - with £172 million sold at the luxury residence since its launch.


One Port Street is under construction between Manchester's iconic Northern Quarter and Ancoats neighbourhoods and is set to be completed in 2025.


It will be the first development in Select Property's flagship residential brand the ‘Prestige Collection', which centres around luxury amenities and resident experience. It brings 477 apartments to the market, ranging from one-bedroom to three-bedrooms.


The residence, backed by a £128 million development finance loan from Maslow Capital, will feature a grand lobby centred around a 360° firepit with concierge service. Residents will have access to a 2,000 sq ft leisure suite featuring a private swimming pool and spa pool, a state-of-the-art gym and separate fitness studio. One Port Street will also feature a 7th floor rooftop terrace and a lounge overlooking the city, with casual space for working, relaxing and socialising. The development will also house an undercover garden designed as a multi purpose space for residents to socialise and unwind.


Adam Price, CEO at Select Property, said:

"One Port Street delivering a new sales milestone reflects the strong proposition we've created with the Prestige Collection brand – focused on creating an experience and environment for residents reminiscent of a luxury hotel.

"Record sales vouch for how the residence presents a strong investment opportunity for homeowners and investors alike. It also reflects strong confidence in our end-to-end approach as a trusted investment partner with proven experience in developing and operating successful resident-centric schemes. We're excited to reveal new plans this year that will further enhance the experience for our residents and investors."


For more information visit: https://selectproperty.com/