Locals Get First Dibs on the NO DEPOSIT Phoenix Apartments in Piccadilly East

CAPITAL&CENTRIC have once again given locals first dibs at PHOENIX, the first homes to complete in the up-and-coming Piccadilly East neighbourhood.

The social impact developer previously hit the headlines for creating an owner-occupier community that BANNED INVESTORS when it launched its adjacent Crusader Mill development in 2017.

PHOENIX residents will also be the first to move into the emerging Piccadilly East neighbourhood when the new-build development completes in the Spring. CAPITAL&CENTRIC have previously released their vision for the area which is fast becoming Manchester’s most sought after destination.

New ‘first look’ images have been revealed of the completed show apartment. Designed by award-winning architects shedkm, the new images show how the raw industrial elements, including exposed concrete and pipework, sit alongside stylishly minimal interiors in the ten-storey building.

PHOENIX is available with Help to Buy meaning that buyers only need to find 80% of the apartment price. Where people aren’t using Help to Buy, CAPITAL&CENTRIC are taking no deposits on
exchange. Prices start at £195,000.

The one and two bed apartments on Chapeltown Street will be on average 35% larger than other properties in Manchester. Over half will benefit from spacious balconies, with roof gardens a striking feature on the top floor.

Residents of PHOENIX will be part of the community forming at neighbouring Crusader Mill with access to its lush, green courtyard, fire pits, BBQ’s and WiFi. They will also share Crusader’s 24/7 concierge and be dog friendly.

Named after Phoenix Works, that once produced machinery for the textile industry, the £25m development will be CAPITAL&CENTRIC’s first residential development to complete in the city.

Tim Heatley, co-founder of CAPITAL&CENTRIC said: “Piccadilly East is soon going to rival the Northern Quarter and Ancoats as the place to be. The area’s already become a hub for independents, like Track Brewery, Chapeltown Picture House and Cultureplex, and it’s a great time to invest in one of the City’s most hotly anticipated neighbourhoods. But rather than investors being the ones to benefit from buying early, we’re giving that opportunity just to the people that want to live here.

“We’ve created something that’s bigger and brighter than the rest, with tons of room and liveable space, and the exposed concrete and pipework giving them bags of character. Not only are we banning investors but we’re also ditching deposits and if you fall in love with them you won’t have to wait as they’ll be ready in May.”