Apartment reservations open at £8m Summers Quay private rent scheme
Cavendish Property Developments, New Charter Group’s commercial arm, has launched early bird reservations at the £8m Summers Quay – its first build-to-rent development in Stalybridge, Tameside.
Reservations, which opened on Tuesday (January 2), are being taken until the end of the month on the 67 luxury one and two-bed apartments and penthouses.
A one-bedroom unit with a courtyard view is available for private rent from £575 per calendar month (pcm) and £595 pcm for a canal side view.
Two bedroom units are priced at £675 pcm for a courtyard and £695 pcm for canal side. There are also six penthouse apartments priced at £750 pcm and £775 pcm. Upt to 53 car parking spaces are available at the development at a rate of £25 pcm alongside cycle spaces.
Apartment rental prices include a service charge.
Ground floor commercial and leisure accommodation of 2,600sq ft is currently being marketed by Stockport-based Impey.
Prior to reservations launch, more than 200 people have registered their interest in the 67 apartments with enquiries and sales being completed by Hyde and Stalybridge based letting and managing agents Taylor & Wood.
Summers Quay is the first, and largest, private rent development to be undertaken by housing association New Charter Group, through Cavendish Property Developments.
The scheme is expected to complete in July, slightly later than planned to allow for a full sprinkler system to be fitted.
John Ardern, director of development at New Charter Group, said: “Our decision to embark on this fantastic regeneration development for Stalybridge was a challenge as our first private scheme but we’re pleased that there’s already been lots of interest in the apartments and support from the local MP Jonathon Reynolds, local councillors and the Stalybridge Town Team.
“We’re looking forward to completion and hope that Summers Quay will help to bring much-needed further investment to Stalybridge town centre.”
The scheme started on site in August 2016.
Cavendish Property Developments was set up by New Charter Group in 2013 to carry out private rent, shared ownership, rent to buy and for sale residential development projects. Summers Quay is being delivered in partnership with Rowlinson Construction, Tameside Metropolitan Borough Council and Altrincham-based architect Pozzoni.
