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Excelsior Works

The Excelsior Printing and Binding Works was originally opened in 1870 and was one of the largest of its kind in the UK. Inspired by the site's rich industrial past as a printing and bookbinding works, the perfect residence for modern life was created. The original Mill was reinterpreted as Excelsior Works in 2020.

Development Overview

Situated in Castlefield, Excelsior Works is a collection of 108 contemporary apartments. Complete with on-site concierge, flexible working spaces, an open rooftop garden and communal areas, bicycle storage and 1Gbps Ultra-fast fibre optic broadband, the development was created to cater for the ever-increasing demand for city centre accommodation.

Each apartment at Excelsior Works is larger than the average in Manchester and is finished to an incredibly high specification. Open-plan designs, carefully considered design features and sizeable windows which flood the apartment with light make this a special place to live.

Additionally, on top of the incredible waterside location minutes from the city centre, you can make use a private balcony which allows you to enjoy the sunshine and fresh air in privacy. On-site facilities including a concierge service, stunning communal areas and a tranquil roof garden complete the picture of city centre luxury.

MINUTES FROM MANCHESTER CITY CENTRE

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WATERFRONT LIVING IN CASTLEFIELD

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STUNNING ROOF TERRASCE

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Investment Highlights

  • Completed & Tenanted – Immediate Income!

  • Up to 5.5% Gross Yield

  • From £210,000

  • 19.3% 5-year capital growth

  • 21.6% 5-year rental growth

Location

Excelsior's location on the Bridgewater Canal, a short walk from the city centre, and within walking distance of Salford Quays, make it the perfect location to live, work and play.

Castlefield

With its canals, warehouses and mills, Castlefield was once Manchester's industrial beating heart. Today it's one of the city's most sought-after neighbourhoods, home to celebrated restaurants, iconic bars, relaxing green spaces, and world class culture and attractions.

 

Its status as a conservation area also means Castlefield has retained its historic character and urban charm.

Key Features

  • Stylish and spacious one and two-bedroom apartments

  • Open-plan kitchen, dining and living spaces

  • Floor to ceiling windows for light and space

  • High-spec kitchens and bathrooms

  • Stunning roof garden space and communal areas

  • Great location with canal towpath access to city centre and MediaCityUK

  • On-site parking and cycle storage

  • On-site concierge

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Floor Plan

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STUNNING FULL-HEIGHT WINDOWS

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OPEN - PLAN LIVING SPACE

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SECONDS FROM THE WATERFRONT

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Latest Availability (April 2023)

  • 1 x 1 Bed

    • £ 232 000

  • 20 x 2 Bed

    • From: £ 283 000

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Market Facts

  • Economic hub of the Northern Powerhouse & the UK’s largest regional city economy

  • The UK’s number 1 city centre for 5-year capital growth (JLL Forecasts, Nov 2022)

  • The UK’s number 1 city centre for 5-year rental growth (JLL Forecasts, Nov 2022)

  • Double average UK population growth

  • £67.8BN Economy with 16.4% growth over the next 5 years (Oxford Economics)

  • Severe undersupply of housing. Deficit of 50,000 by 2026 and 82,505 by 2031 (Deloitte)

  • Population growth of 70,000 by 2030 (City Council Forecasting Model)

  • Booming rental market. 19.5% YoY Rental Price Growth (Oct 2022)

  • 23,845 Businesses (growth of 58% since 2014)

  • 85 of the FTSE 100 Businesses have an office in Manchester

  • 4 major regeneration zones creating 45,000 new jobs

  • 100,000 students with a city retention rate of 60%

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