Manchester Urban Splash Residential Fund
Urban Splash Residential Fund acquires 15 apartments at Mansion House at New Islington.
03:32 25 May 2021
The Urban Splash Residential Fund (USR) has recently acquired a total of 15 apartments in a £300 New Islington neighbourhood.
As part of the deal, USR acquired an entire core of 10 units and an additional five at Mansion House - a cutting-edge new building created using sustainable cross-laminated timber. Each unit features a balcony overlooking the marina to Cotton Field Park, Lightwave smart home technology and extra high ceilings.
USR confirms that they will be offering a new package of benefits to tenants, including furnishings by Manchester-based designer, 100per cent green energy by default, WiFi service and a new rental app that offers discounts and encourages residents to engage with the local community.
USR fund manager Akeel Malik said: “Mansion House is the perfect proposition for investors, with great green credentials, bar-raising design, and the appeal of the broader neighbourhood – an area which has been transformed by Urban Splash into one of the city’s best places to live, work and play.
“We are delighted to have invested in this incredible community, with assets which will further strengthen our nationwide portfolio.”