Housing Growth Partnership has committed £13m to a joint venture with McGoff Group to deliver the new Downtown Victoria North build-to-rent scheme in Manchester.

The development will have a mix 237 one, two and three-bedroom apartments and townhouses, it is situated a 10-minute walk from the centre of Manchester. 

John McKeon, Investment Director for HGP, said: “Our investment with McGoff highlights the role that equity funding plays in getting housing projects off the ground across the UK during a high interest rate environment. Downtown Victoria North promises to be an excellent scheme that will provide tenants with a high-quality place to live within walking distance from the city centre.  McGoff have a great track record in the delivery and operation of schemes of this nature across the North West and we look forward to partnering with them on this and other developments.”

The completed site will feature extensive landscaping, including a communal garden courtyard with seating areas, pocket square and private gardens. It will also offer a reception with spacious seating area and business centre, a 24/7 concierge service, a residents’ lounge, fully equipped gym, underground car parking and bicycle storage.  

Chris McGoff, director at the McGoff Group, adds: “The development is located in a superb part of Manchester city centre. Furthermore, the design and mix of properties within the scheme are excellent. We are confident this BTR scheme will prove popular with the discerning Manchester rental market.”

The development is situated on a former gasworks on Rochdale Road and construction work has now started and is scheduled to complete in late 2025.