In The Spotlight

Renaker and Gower & Mae partner to deliver luxury Manchester apartments

Announcements, News

5 Jun 2017

Wilburn Basin - Renaker
Wilburn Basin - Renaker

Gower & Mae has joined forces with the esteemed construction company, Renaker, to deliver a brand-new residential complex located by the historic River Irwell Basin, Manchester, and within a short walk of the thriving city centre and business district.

Renaker has a long history and proven track record of delivering large-scale residential developments which have built vibrant communities in this part of the Northern Powerhouse, and the latest jewel in its crown is no different. This luxury development, named Wilburn Basin, comprises four distinct blocks which vary in height from eight to 21 storeys, boasting views across the city. Each apartment is built to a high specification, and the complex offers a hotel-style reception, concierge, landscaped gardens, a gym, cinema, lounge and meeting rooms.

Renaker’s success can be seen in its many awards and accolades, which include being shortlisted for the RIBA North West New Building of the Year award for its development in Cambridge Street, Manchester; Insider’s Urban Residential and PRS Development of the Year which was given to Renaker’s One Greengate development in Manchester; and the title of ‘best large residential development in Manchester’ which was also bestowed upon its One Greengate construction.

As interest in the Northern Powerhouse continues to gather momentum, Renaker plays a vital role in the enhancement of this city, making it a highly attractive market for investors looking to maximise their returns – both in the rental and owner/occupier markets. Independent property consultancy Gower & Mae is using its keen understanding of Manchester’s thriving property market to source valuable investment opportunities for its clients from within Renaker’s luxury city-centre residence. With property ownership opportunities ranging from £165,000 to £338,000 and anticipated annual rental yields of 6 per cent, Gower & Mae is proud to be able to offer this lucrative opportunity to its property investment clients.

Richard Lynch, Sales Manager at Renaker, says: “We’re driven by the opportunity to create real communities within the heart of Manchester; our residential properties are designed and constructed with the enjoyment, convenience and wellbeing of the future owners and residents in mind. We are confident that the team at Gower & Mae will be able to use their expert knowledge of the industry, as well as their strong relationships with a wide range of property investors, to find buyers who will really value from the Wilburn Basin apartments and Manchester’s thriving city.”

Mark Sharman, Director at Gower & Mae, says: “We only want to offer our clients the very best that the market has to offer, both in terms of the quality of construction and the potential for capital appreciation and rental yields. Renaker certainly provides that for investors who are keen to break into the Manchester market, with the added benefit of only offering properties which are within six months of completion – meaning buyers can move in or start making a rental return quickly. As such, we couldn’t be happier to be partnering with Renaker to deliver the impressive Wilburn Basin development to market.”

To find out more about Renaker’s latest development and how it could add value to your investment portfolio, contact Gower & Mae on info@gowermae.com or 01483 230 430. The team will be in Malaysia from 5 June to 10 June so get in touch to arrange a meeting to discuss your property needs.