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DEVELOPMENT FACT SHEET

MANCHESTER

Enviably situated in a vibrantly rejuvenated area of Salford dubbed The Crescent,


Local Crescent is just a short walk from Manchester city centre. Its superb location
offers tenants unrivalled views across the River Irwell and the acres of surrounding
parkland.

Recent years have seen an impressive number of residential, commercial and office
developments spring up within the vicinity of The Crescent, along with the restoration
of nearby historic buildings. The look and feel of Local Crescent has been carefully
calibrated to complement the local area’s aesthetic heritage.

Salford has undergone a dramatic rebirth in recent years. With its 20,000-strong
student population, Salford University continues to go from strength-to-strength,
while the 200-acre MediaCityUK development – now home, of course, to the BBC –
has proved to be a real game-changer, boosting both the local economy and Salford’s
profile, nationally and internationally.

MANCHESTER : Brid
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New
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THE HUB OF THE ‘NORTHERN POWERHOUSE’


Peel
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● Voted Best City to Live (Economist intelligence 1 Peel Park


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Salford Crescent
3 2 Salford Cathedral
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Salford University
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● 3rd most influential city (Colliers, 2017)


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● Most Affordable city for doing business
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● One of the largest and fastest growing financial


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(Museum of Science & Industry)


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Metrolink
● Fastest growing cluster of Innovative companies Quay
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80 out of 100 FTSE companies have offices in


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Manchester (25% up from 2016). Already home to some hitw


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of the world’s biggest brands, such as; Unilever, Amazon,


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Google, BBC, ITV as well as two of the biggest football


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club’s Manchester City and Manchester United


Ordsall
Park

Infrastructure- HS2
● £42.6 Billion High Speed Rail Project
● £13 Billion on Transport Improvements
● Linking Manchester to London in 1 hour
● Live in Manchester, work in London and other
cities...

Manchester- Growth
● Population 18.5% between 2015 – 2025 (Currently
500,000)
● 98.5% Residential occupancy rate (JLL)
● 7.5% Price growth 2017 (JLL)
● Highest concentration of 20-34 year olds in the
UK (CBRE).
DEVELOPMENT FACT SHEET

WHY THE CRESCENT?


This is city living as you always felt it should be. Local
Crescent is a unique community comprising 399
apartments and seven townhouses spread across
three distinct towers with uniquely striking façades.

One-, two- and three-bedroom homes are available,


each benefitting from thoughtful layouts, premium
fixtures and fittings and high-end finishes. Local
Crescent tenants also enjoy access to amenities
that go far above-and-beyond the usual city-centre
offering.

Local Crescent’s on-site amenities easily out-strip those of


comparably-sized city centre developments. From wellness to
entertainment, you’ll find everything you need, right on your
doorstep.

Local Crescent’s amenities include a cutting-edge gymnasium; a


heated indoor swimming pool; spa and sauna facilities; peaceful
yoga spaces; a private cinema; bookable party rooms; an
unexpectedly stylish laundry; and a superb bistro-style café that’s
also open to the public.

There are also communal breakout areas, courtyard garden spaces


and integrated barbecuing facilities for tenants to enjoy alongside
a fantastic roof garden atop Tower Three.

DEVELOPMENT HIGHLIGHTS
Unit Types: 1, 2 and 3 bedroom apartments
Unit Size: 1 bed: 552 sq.ft avg
2 bed: 743 sq.ft avg
Price Starting: 1 bed - from £213,627
2 bed - from £245,670

Completion: Q4 2020 (anticipated)

Furniture: packs available


Tenure: 250 year term
Ground Rent: £350 per annum
Service Charge: approximately £2.50 psf

Payment Plan: £5,000 reservation fee


15% minus reservation fee on exchange
85% on practical completion

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