Category: STOCKPORT TOWN PLAN

Piccadilly View – Planning approved on this stunning £30m Town Centre development

I am delighted to announce that we have been instructed as selling agents on this stunning new Town Centre development.

Local developer Sal Arya, of Urbanize Homes, have appointed CPUK to build their brand new 13 storey, 164 apartment building on the former Greenhale House site. The project was given the go-ahead last week by Stockport’s planning committee, with builders due onsite in April 2019.  

The plans for the site include 78 one-beds, 84 two-beds, and two three-bedroom penthouse apartments in a 13-storey block along with a commercial unit at ground floor; this is likely to be occupied by a coffee shop. Nine of the apartments are to be affordable, in line with Stockport’s planning policy.

We are taking enquiries immediately. If you are interested and would like further information then please contact me at andrew@julianwadden.co.uk

Continue Reading

Stockport into best buy-to-let investment area Top Ten

Stockport has entered the top 10 of buy-to-let investment areas in England and Wales, in new data published by specialist mortgage lender LendInvest.

It sits in second place, behind only Colchester in Essex, in the new quarterly Buy To Let Index Reporthaving moved up a whopping 18 places from 20th in last July’s figures. In more excellent news for the BTL scene in the north-west, Manchester is one place below its near-neighbour.

The research looked at each postcode area around England and Wales and focused on a combination of four critical metrics: transaction volumes, rental price growth, rental yield and capital value growth.

LendInvest November 2018

©LendInvest

From these four metrics, Stockport has performed particularly well in capital gains with a growth of 6.34% and has been helped by rents rising by 3.18% over the same period. Strong yields of 5.29%, backed by reasonable figures in capital gains and rent growth, has helped Manchester move two places up in the index and the city’s buoyant property scene seems to be rubbing off on nearby areas. Elsewhere in the north of England, both Leeds and Harrogate feature in the top 20 at 12 and 20 respectively.

The Midlands also ranks highly in the new LendInvest data, with Birmingham joined by Wolverhampton and Coventry in the top 10.

Ian  Boden, Sales Director at LendInvest, commented, “The growing opportunity for BTL investors in these regions reflects a knock on effect of investment in these key cities. Locking down a solid prediction of how the landscape will look into the New Year is no easy task. In this instance, we know it is best to let the data do the talking.”

 

Continue Reading

Stockport is Region’s Fastest Growing Economy

A report by law firm Irwin Mitchell has shown Stockport to be the region’s fastest growing economy!

As  reported in the Manchester Evening News, the UK Powerhouse Study produced by Irwin Mitchell and the Centre for Economics and Business Research, reports that Stockport is the region’s fastest growing economy but Manchester is set to maintain strong jobs growth post Brexit.

Stockport is part way through a £1bn programme of investment that has seen a new business zone offering Grade A office space at Stockport Exchange; the Town Centre Access Plan – TCAP and a new leisure development at Redrock incorporating a new cinema complex and choice of popular restaurants. Phase 3 of Stockport Exchange will provide for another 60,000 sq ft of Grade A office space in a six-storey development adjacent to Stockport Exchange.

Future projects include for a new £85m transport interchange in Stockport town centre which will include the creation of a two acre park and a focus on creating town centre living.

Continue Reading

Attention Stockport Landlords – Are you aware of the tax changes on Buy To Let properties?

Landlords, are you are aware of the imminent tax changes that are potentially affecting Buy to Let Landlords?

These changes were introduced in April 2017 and progressively increase the tax liabilities of all 40% tax paying Landlords who have Buy to Let mortgages. Is this you? The first time you may become aware of this extra tax burden could be when you receive your next tax demand in January 2019.

We are recommending a meeting with our internal Buy to Let Expert to talk you through the implications and potential solutions.

Please call on 0161 474 8660 or email us stockportlettings@julianwadden.co.uk to arrange a convenient time for either a telephone or face to face meeting.

 

Continue Reading
Continue Reading
Continue Reading

Stockport Remembers 1918 – 2018

November 2018 marks 100 years since the end of World War I and there’ll be a number of events across the borough to commemorate the centenary.

The major public event will be on Remembrance Sunday (11 November), starting with the Act of Remembrance in the morning, followed by the Service of Remembrance in the evening alongside a ‘Stockport Parade of Light’ and the ‘Lighting of the Beacon’.

Stockport War Memorial Art Gallery will play a significant role in the commemorations. The exterior façade of the Art Gallery will be illuminated with a poppy projection; there will be new exhibitions in the galleries and a community art project where people can get involved.

Further information can be found here…

Continue Reading

Residential conversion planned for Stockports Wellesley House

It has been reported in Place, North West that Wellesley House is set to be converted in to residential accommodation.

Wellesley House, a prominent 46,000 sq ft office block in Stockport town centre, could be converted into 77 apartments under plans put forward by developer Mandale Homes.

The seven-storey office block fronts the A6 and sits around 500m from the Merseyway shopping centre, and is also near Junction 1 of the M60.

Former tenants include a Job Centre on the ground floor, and the Department for Work & Pensions, but the building is now largely empty. Space on the seventh floor was previously marketed by consultancy Hallams.

Mandale Homes is proposing to convert the building into a mix of 51 one-bed flats and 26 two-beds. Existing access from both Laurel Street and the A6 will be retained, as will the building’s existing 83 car parking spaces, and cycle parking will be added. The professional team includes TPS as transport consultant. The developer, Mandale, is based in Stockton-on-Tees.

Office-to-residential projects have become increasing prevalent in Greater Manchester in the last 12 months, particularly around Old Trafford where a number of lower-grade office buildings are being converted into apartments or student accommodation.

Continue Reading

Stockport College outlines plan for campus overhaul

A planning application has been submitted for a £24m overhaul of Stockport College’s campus on the A6, with a team including contractor Wates, planner Indigo, and architect Project3 aiming to complete the development by December 2020.

Continue Reading

Giant Leap Forward for Stockport Frogs

A unique Art Trail featuring 30 giant Stockport frogsis being billed as a giant ‘leap’ forward for Stockport and will be hopping in to the town centre next June.

Read more here on the Totally Stockport website

Continue Reading