Apartment Development Launches in New Islington

The first homes at a new £75million residential development in New Islington, located to the east of Manchester’s popular Northern Quarter, has been launched for sale.

Orlando Reid has been appointed sole selling agent for Brunswick Mill, which offers 153 residential apartments, a mix of one-, two- and three-bedroom units. Dating back to 1837, Brunswick Mill was designed by the firm of David Bellhouse, who became one of the country’s leading mill architects during the early 19th century.

This converted Grade II listed building is a prominent local landmark on the Manchester skyline, situated in an attractive waterside location adjacent to the Ashton Canal, in the up-and-coming area of New Islington.

Baljit Arora, managing director at Orlando Reid, commented: “Apartments at Brunswick Mill are an obvious choice for investors looking for a good rental return. The development will be equally appealing to city commuters looking for a central location within an easy walk of the city centre.

We are seeing an increasing influx of new tech companies choosing to come to Manchester and this is likely to spark additional interest from talented tech employees looking to settle in the area. Prices are really competitive for a development of this quality, starting from £198,000 (approx. £400 per square foot) for a one-bedroom apartment. Investors will achieve strong rental returns and those looking to step onto the property ladder can enjoy well designed space combining history with first class luxury living”.

New Islington, which borders Ancoats, is a vibrant food and drink destination and the district has enjoyed a significant transformation in recent years, whilst retaining its important industrial buildings which define this area’s working history and textile industry heritage.

Orlando Reid’s Manchester team has brokered some of the city’s most successful development deals. Last summer, the agent worked with Awal Investment, specialist mill developers, selling apartments at their Meadow Mill in Stockport.

Prices at Brunswick Mill for one-bedroom units start at £198,000; two-beds from £262,750; and three-bedroom units from £373,000.

Find out more at www.orlandoreid.co.uk.

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