Manchester’s Dantzic Street resi hits the market
Leftfield Investments is selling its 415-home residential development at North View on Dantzic Street, Manchester, for £9.5m.
It has appointed agents at WT Gunson to sell the freehold to the 2-acre site, which has planning consent for a high-density scheme in the St Michael’s district of the Lower Irk Valley.
The development comprises one building, ranging in height from five to 24 storeys. The residential component spans 297,549 sq ft, with 130 one-bedroom flats, 262 two-bedroom and 23 three-bedroom apartments surrounding a central communal courtyard.
Leftfield Investments is selling its 415-home residential development at North View on Dantzic Street, Manchester, for £9.5m.
It has appointed agents at WT Gunson to sell the freehold to the 2-acre site, which has planning consent for a high-density scheme in the St Michael’s district of the Lower Irk Valley.
The development comprises one building, ranging in height from five to 24 storeys. The residential component spans 297,549 sq ft, with 130 one-bedroom flats, 262 two-bedroom and 23 three-bedroom apartments surrounding a central communal courtyard.
The scheme, designed by SimpsonHaugh and Partners, also includes commercial space, a residents’ gym and car parking.
The site forms part of the Northern Gateway scheme, a £1bn joint partnership between the Far East Consortium and Manchester City Council, which is set to deliver 15,000 new homes.
It is a short walk from the north of the city and adjacent to the FEC’s 344-home Angel Gate, acquired from administration for £5.2m in April 2018.
Neale Sayle, partner at WT Gunson, said: “As Manchester city centre rapidly expands, Dantzic Street and the surrounds are the next logical area for development to move to, with all surrounding areas already having been redeveloped or under development.
“It is early days, but we have had good interest in the site from a range of buyers including funds, overseas investors, local property companies and high-net-worth individuals.”
Sayle said he has been approached by investors from London, the Middle East and China.
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