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CONTENTS

Manchester Overview

Manchester At A Glance

Northern Powerhouse

Connectivity

Education

Innovation & Research

Supply & Demand

Property Market

Key Areas

Salford

Key Employment Hubs

About The Area Pendleton

Map

The Pendleton

Exterior Areas

Interior Areas

Site Map

Specifications

Developer

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4

6

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10

12

16

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22

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48

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OV E R V I E W

MANCHESTER

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Manchester has come a long way since the “Cottonopolis” it was

throughout the 19th Century.

Today, Manchester is an entrepreneurial and inspirational city that can

proudly claim to be the ‘Capital of the North”.

Its well-established academic sector, world-famous culture and

burgeoning business environment are attracting thousands of

professionals and tourists to the city, as it continues to thrive as an

increasingly attractive metropolis in which to live, study and work.

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MANCHESTER

AT A GLANCE

UK’s largest professional & financial services

sector outside of London £16.2bn GVA p.a.

Second most important economic hub in the UK

• GVA £59.6bn (Greater Manchester, 2018) - 19% of Northern Powerhouse region’s GVA

• GVA £72bn by 2024, well above regional and national averages

(2.8% p.a. vs 1.7% Northern England average growth)

• A larger economy than that of Wales or Northern Ireland

Largest office marketoutside of London

One of the UK’s most innovative

medical research facilities £28.5m worth of

Cancer Research Centre

Sources: Manchester City Council, JLL, Oxford Economics4 5

SECOND

Europe’s 2nd-largest

cluster of creative/media businesses

£4.4bn GVA p.a.

City centre population: 541,300

Greater Manchester: 2.8m

6 7

NORTHERN

POWERHOUSE

In 2014, the £7bn Northern Powerhouse initiative was

announced by Chancellor George Osbourne to invest in the

business culture and infrastructure in the north of England.

Predominantly targeting the key cities of Manchester, Liverpool,

Leeds, Hull, Newcastle & Sheffield, the initiative aims to improve

the lives of local residents by driving strategic and tailor-made

development for each of these cities.

In 2017, a newly-allocated investment of £556m into Northern

Powerhouse was announced by Prime Minister Theresa May,

further boosting the value and proving the value of the initiative

to the UK economy.

At the heart of the North and the Northern Powerhouse

initiative, Manchester boasts the highest number of

development plans (£78m in funding) and the highest growth in

GVA per head (+6.8%) amongst the six Northern Powerhouse

cities since the initiative’s inception in 2014.

Newcastle City Region

Hull City Region

Sheffield City Region

Leeds City Region

Greater Manchester

Liverpool City Region

LONDON

7Sources: BBC,ONS

8 98

CONNECTIVITY

HS2

Manchester is becoming increasingly connected, both domestically and internationally, as a

result of extensive investment into improving transportation & infrastructure.

High Speed Two (HS2) is the new railway that will transform the UK’s transport network. It will increase trade, boost tourism and regenerate towns and cities while supporting thousands of jobs.

Improved Travel Time

Original travel time Proposed HS2 travel time

1hrs 7mins 2hrs 7minsLondon

40mins 1hr 28minsBirmingham

MANCHESTER AIRPORT

UPGRADE OF THE CITY’S METROLINK NETWORK

£1bn Airport Transformation Programme

28.2mpassengers (2018)

Over 200destinations

£350m investment

New line extension that connects Trafford Park to Manchester City Centre

Largest & busiest airport outside London

15%more capacity withnew modern trains

Creates

180,000new jobs by 2040

2033

L AUNCH

Sources: Manchester City Council, UK Department of Transport, BBC, Civil Aviation Authority, Transport for Greater Manchester

150%increase in size

for T2

£1.7bncontribution to

economy

Open in

2020

40,000airport jobs,

doubled since 2018

10m moreannual passengers expected (2019-2029)

10 111010

Benefiting from the broad knowledge economy and four world-

renowned universities, Manchester stands out from its UK and

international competitors with a globally significant concentration of

research, media and innovation assets.

With 5% of all UK graduates relocating to Manchester and an impressive

graduate retention rate of over 50%, the city region prides itself on its

dynamic and young demographic, which continues to fuel the demand

for affordable housing.

students in Manchester within an hour's drive

4 renowned universities• University of Salford• The University of Manchester• Manchester Metropolitan University• University of Bolton

Sources: JLL, Greater Manchester Combined Authority

Over 100,000

22 universities 383,000 students

Largest student population in Europe

EDUCATION

graduates

Over 33,000 p.a.

1110

graduate retention rate - second to London

51%

12 13

女女

University of Salford

Over £70m has been invested into expanding University of Salford’s campus. The extension of the Newton Building, known as the Engineering Showcase, will feature research and demonstration spaces as well as a new ‘maker-space’ to promote the sharing of engineering knowledge and skills.

The new Adelphi Building is home to the School of Arts and Media and houses the most up-to-date rehearsal and recording facilities, providing a rich environment for creativity, arts and culture on campus.

£55m new Adelphi Building

£16m extension of the Newton Building

INNOVATION &

RESEARCHAt the heart of the Northern Powerhouse, Manchester is at the forefront

of British innovation and scientific advancement. It is home to over 2,000

international businesses and continues to be the pioneer in a wide range of

business sectors, ranging from world-class medical research to ground-breaking

technological developments.

Source: University of Salford, InvestinManchester, MSP 13Computer generated images are intended for illustrative purposes only.

14 15

World-leading Precision Medicine Campus

Following the ground-breaking partnership between academia, industry and the NHS, a new world-leading precision medicine campus is set to open in Manchester. This collaboration will bring substantial health benefits to people in Manchester and subsequently worldwide through advanced research on new tests and targeted treatments. The new campus will confirm Manchester as a world leader in the vital emerging industry with enormous growth potential.

Over £10.8bn p.a. contribution to the UK economy

from Life Science sector

1,500 jobopportunities

£60mworth of investments

220,000 sqft expansion

Add almost

£150mto Manchester’s

economy over a decade

14 Source: University of Salford, InvestinManchester, MSP Computer generated images are intended for illustrative purposes only.

16 17

SUPPLY & DEMANDTo tackle the increasing demand for new homes, Manchester City Council has set a

minimum target of 25,000 new homes to be delivered within the city by 2025. However,

despite the council's endorsement, only around 10% of those homes are currently under

construction while the majority are at the pre-planning stage. The shortfall in housing

supply is further amplified by the continued and significant population growth in the city

centre, resulting in a highly desirable housing market for investors.

Housing Demand Forecast

Under Construction

Minimum Housing Target

Housing Shortfall

227,200 (2015-2035)

Only 10% of homes in the pipeline

2,500 p.a. (2016-2025)

2,000 p.a.

Housing Shortfall

Residential Development Pipeline (2008-2020)

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

Completed Construction activity

1,000

2,000

3,000

4,000

5,000

6,000

02021

Manchester’s economy is ever-growing, the abundance of opportunities it presents has

attracted talents and businesses from all around the world and created a vibrant and

prosperous business environment. The city core is also expanding rapidly as people

migrate outward to seek affordable yet quality homes, thus stimulating the economy of

the city fringe and boosting demand in the area.

40% lower operating costs than London

Businesses are moving north in search of talent and more affordable office space. This includes large multinational corporations such as BBC, ITV, Barclays Bank, law firm Freshfields, etc.

North Shoring 5% of UK graduates move to Manchester within 6 months of graduation - Second to London

Influx of Talent & Businesses

Outward Expansion from City Centre

541,300 by 2025

625,000CITY CENTRE POPULATION

Manchester city centre grew almost 7 times faster than London7X

Current

GVA growth projections

(2016-2036)

Business growth rateNational average: 6.1%(Fastest growing city

outside London)

Employment growth rateis forecast to be 4x the

regional average (110,000 more jobs by 2024)

Ever-Growing Economy

2/3

18 84 4

of the city centre population are private renters due to the growing young demographic

45Disposable

income growth

of Manchester residents by 2016

16 17Sources: Manchester City Council, Deloitte, JLL, The University of Manchester, GMCA

18 19

PROPERTY MARKET

Rental Growth Forecast

32%Price growth

over the last 3 years for new build

residential properties

2019 2020

3% 3%

2018

There is an upward pressure

on rents and demands

in Manchester’s rental

market brought by young

professionals, fresh graduates

and students seeking

affordable housing.

No.1Price growth

for residential pricegrowth in next 5 years

YOYRental Growth

3%

5%Net Rental Yield

36DAYS

Average time Manchester

properties remain

on market

House Price Growth Forecast

The rising demand for city centre living, coupled with a

growing population and stagnating levels of development, are

three of the key factors driving the increase in property sales

and prices of new build residential properties in Manchester.

3xManchester properties

sell 3 times faster than London

2019 20202021 2021 20212022

2.5%3% 3.5% 2.5% 3% 3.5%

18 19

22.8%Manchester

12.6%National

vs

Sources: JLL, Office for National Statistics UK, Savills

20 21

AREAS

Spinning fields

St John’s/Deansgate

Castlefield

Home to some of Manchester’s most popular bars, restaurants and shops,

Spinningfields has become the City’s leading business destination and largest

commercial district, housing some of the biggest corporations in the North West. This

architecturally-rich district is Manchester’s number one hub for retail, entertainment,

culture and cuisine, boasting the city’s finest restaurants, bars and boutiques. Now

synonymous with Manchester’s world famous cultural and entertainment offering,

Spinningfields is a dynamic quarter that provides Manchester with spectrum-wide

innovation from architecture to retail and art to fine dining.

Its handy central location and superb transport links have helped it become a prime

market, with sales there last year regularly exceeding £500/sqft. Easily identifiable by

its growing number of landmark high rise developments for those wishing to be at the

heart of the city.

Urban canal-side living, easy access to the city centre (east) and MediaCityUK

(west) and greater affordability are three of the main drivers of Castlefield’s recent

popularity and performance (Castlefield prices are up by almost 20% since 2017).

While Manchester’s younger residents tend to prefer city centre living, the older

generations have gravitated towards Castlefield, attracted by its scenic canal-side

cafes and restaurants, as well as the influx of numerous high quality new residential

developments, trading at around 20% less than in the prime city centre, which is also

attracting first-time buyers.

K E Y

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Benefiting from its favourable location in Manchester's expanding city centre,

Salford has attracted attention on the property market for its affordable, high-

quality housings that offer both convenience and vibrancy.

The excellent connectivity and strong development pipeline, together with

UK's second-biggest media hub Salford Quays, have also made the area

highly desirable for buy-to-let investors.

SALFORD

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Economy Growth

£230m - 900 more businesses - 40,000 new jobs by 2040

Rental Growth (2012-2018)

Price Growth

North West’s creative & digital sector

more than

20,000 companies

nearly

150,000employees

vs23% 9%

270% in last 2 decades

SALFORD LONDON

23Sources: Salford City Council, NWDA

24 25

EMPLOYMENT HUBS

K E Y

MediaCityUK’s vision to become a world leader in innovation

and creativity is well underway, with world-renowned

institutions such as BBC, ITV, Bupa and the University of Salford

now calling the area home, and forming part of the largest

studio complex in Europe. With a further £1bn expansion in the

pipeline, MediaCityUK is set to cement its position as one of the

UK's key hubs for technology, innovation and creativity.

MediaCityUK

Expect to double the size

in the next decade

One of the

biggest HD studio complexes in Europe

Over 250 businesses

Over 15,000 jobs

£550m development

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2X

Sources: Salford City Council, Trafford Council

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Trafford Park is the world’s first planned industrial park. It is home to

around 1,330 businesses employing over 35,000 people, including

Kellogg’s, Unilever, L’Oreal, Adidas, Procter & Gamble, Amazon,

Manchester United Football Club and the Intu Trafford Centre. With

the introduction of the new £350m metro extension that connects

Trafford to the City Centre, the city centre expansion stretches

further westward, forming a wider and stronger economic area.

• Kellogg’s• Unilever• L’Oreal

Trafford Park

1,330 businesses &

over 35,000 employees

of a highly

skilled workforce

One of the

largest & most successful

business parks in Europe

First purpose built

industrial park in the world

Over 96m sqftof business space

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• Adidas• Amazon• Procter & Gamble

Notable Organisations

• Manchester United Football Club• Intu Trafford Centre

Sources: Salford City Council, Trafford Council

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7 km

Commenced 2013

2,000

Pendleton has become a desirable location due to its proximity to

Manchester City Centre, MediaCityUK, Trafford Park and Salford Royal

NHS Foundation Trust. Its convenient position offers easy access to

the city centre, while its affordability is attracting more and more

professional tenants to the area.

1,250homes modernised

1,600new homes built

of newpaths and cycle routes

work experience opportunities

PENDLETONA B O U T T H E A R E A

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Regeneration

£650m schemeto transform Pendleton

Sources: Salford City Council, Peel Park Salford

30 31

A56

Bury New Rd

A576

A6

A6010

Oldgam Rd

A5063

Trinity Way

Tra�

ord

Rd

A56

Princes s Rd

A6

Village Way

Ashton old Rd

M602

A665

Chapel St

Chee

tham

Hill

Rd

A34

A580

Brirch�elds Rd

A6010

1

2

3

4

5

106

7

8

9

1

2

3

4

Regent Rd Manchester Piccadilly Railway Station

Oxford Road Railway Station

Salford Crescent Railway Station

Salford Central Railway Station

Deansgate Railway Station

Ardwick Railway Station

LandmarksEducation

1

2

3

4

1

2

3

4

5

6

7

8

Spinningfields

Tesco Extra

Salford Royal NHS Foundation Trust

Trafford Park

MediaCityUK

Northern Quarter

Castlefield

Deansgate

The University of Manchester

Manchester Metropolitan University

University of Salford

Buile Hill Visual Arts College

M A P

9

Walk

5

Drive

4 mins

Salford Royal NHS Foundation Trust

5 mins

MediaCityUK

7 mins

Castlefield

8 mins

The University of Manchester

Manchester Metropolitan University

Deansgate

Old Trafford Stadium

11 mins

Northern Quarter

7

1

4

2

9

2

1

3

10

2-4 mins

Universtiy of Salford

5 mins

Salford Shopping Centre

10 mins

Salford Crescent

Manchester Piccadilly (HS2)

Manchester United F.C/ Old Trafford

Salford Shopping Centre

3

9 mins

32 333332

The Pendleton is an exclusive 6-storey development

that consists of 71 spacious and elegantly-designed

1 & 2 bedroom apartments. Nestled in the desirable

Pendleton area, these exclusive residences have been

carefully designed in a manner that offers the perfect

harmony between functionality and style.

34 353534 Computer generated images are intended for illustrative purposes only.

This private collection of homes offers residents

spacious modern interiors and fantastic amenities,

such as the beautiful private landscaped rooftop

garden, concierge service, secured bicycle

storage and car parking.

36 37

With part of the development being a stunning

Edwardian-style period building from the 1920's,

The Pendleton celebrates both the area’s heritage

and its bright future. The homes in the original

building will be restored to their former glory and

offer residents a unique opportunity of life in a

fully restored period residence.

36 37Computer generated images are intended for illustrative purposes only.

38 39Computer generated images are intended for illustrative purposes only.

EXTERIORAREA

T H E P E N D L E TO N

Rooftop Garden Lobby

40 41

LIVING/DINING AREA

I N T E R I O R

40 41Computer generated images are intended for illustrative purposes only.

LIVING AREA

42 43Computer generated images are intended for illustrative purposes only.

44 45

PLACEHOLDER

BEDROOM &BATHROOM

Computer generated images are intended for illustrative purposes only.44

Bathroom

46 47

SITE PLAN

Broughton Rd

Parkings

NORTH WINGSOUTH WING

48 4948

Internal Finishes

• Hardwood veneer apartment entrance and internal doors• Chrome ironmongery• Satinwood finish to internal skirtings and architraves• White emulsion to walls with feature wall in living areas and bedrooms

Flooring

• Engineered wood flooring to hallways and living areas• Carpets to bedrooms• Tiling to bathrooms and en-suites

Kitchen

• Contemporary fitted kitchens in a range of finishes• Handle-less door and drawer fronts• Square-edged work surfaces with matching, full-height splash-back• Integrated Bosch electric oven, ceramic hob and concealed hood or

similar approved• Integrated Bosch fridge-freezer, integrated washer/dryer or similar

approved• Integrated Bosch dishwasher or similar approved• Stainless steel 1½ bowl sink unit with Mixer Tap• Under wall unit lighting

Bathroom & En-suites

• White sanitary ware with wall to back cisterns or similar approved• Bath with chrome shower mixer tap• Rain head shower to en-suites• Glazed shower screens and chrome shower mixer tap• Tiled walls incorporating feature band coursing• Full height/width mirror above wash hand basin

Computer generated images are intended for illustrative purposes only.49

SPECIFICATIONS

Electrical & Communication

• LED down lights to hallways, living areas, bathrooms and en-suites

• Pendant light fittings to bedrooms• Provision for BT/ Sky or similar approved to living areas and

bedrooms• Dedicated Internet provision• All outlets to be white Deta slim-line or equal approved with

exception of brushed steel in kitchen

Heating

• Slim-line electric panel heaters with central timer• Chrome towel rails to bathrooms and en-suites

Safety & Security

• Secure residents’ entrances• Automated door entry system• Smoke detectors and sounders to kitchens and entrance halls

External

• Double glazed windows• Allocated gated car parking spaces

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50 5151

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Outwood Wharf, Phase 1 Hulme Street, Salford

Gtr Manchester | Residential 263 units | Completion October 2019

Outwood Wharf Phase 1 is a prestigious development of 263 built-to-rent PRS apartment units and townhouses. The building is arranged in 3 blocks around a landscaped courtyard. The building provides 85 carparking spaces and 90 bicycle stands. Outwood Wharf is serviced by a dedicated concierge and residents have the benefit of an on-site gym.

The building is 18 storeys high and tops out at 56 metres and utilises a unique lean, modern method of construction. Over 3,000 precast concrete sandwich panels were fabricated off-site and lifted into place to form the structure of the building. These panels come to site with bricks pre-pointed and windows pre-fitted and provide a weathertight environment from early in the programme to help drive efficiency and minimise waste.

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DEVELOPER AND TRACK RECORD Headquartered in Belfast, Northern Ireland with offices in Manchester NW England,

Clonrose Developments is an experienced developer specialising in Brownfield regeneration in Ireland and the UK. Clonrose Developments currently has 351 residential units under construction and a development pipeline of a further 621 residential units due to come onstream within the next 2 years. Clonrose Developments is also active in the development of healthcare, commercial and industrial real estate.

Part of Lagan Specialist Contracting

Queens Terrace Great Cheetham Street West, Salford

Gtr Manchester | Residential 28 units | Completion September 2019

Queens Terrace was once a prestigious terrace of 6 Victorian properties where wealthy merchant families lived, adjacent to the lush surrounds of Albert Park. Construction began on site in 2017 to restore the splendour of the façade whilst providing 28 new apartments in a brand-new structure behind.

This complex façade retention scheme will ensure that whilst the apartments have all the conveniences and energy efficiency that modern construction methods provide, the beauty of the original Victorian façade will be preserved for future generations to admire.

The development will provide eight 1-bedroom apartments and twenty 2-bedroom apartments. This is a private gated development with landscapedfront and rear gardens 14 onsite carparking spaces and provision for 16 bicycles.

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DISCLAIMER

We have made every effort to ensure that the information in this document was correct at press time, we do not assume and hereby disclaim any liability to any party for any loss, damage, or disruption caused by errors or omissions, whether such errors or omissions result from negligence, accident, or any other cause.

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