Riverbank Wharf, Salford — Phase 2 released. Reserve from £5,000 until 30 September. View release
THIRTY SIXPartners
The Cotton Exchange exterior

Manchester

The Cotton Exchange

Ancoats, Manchester M4

Selected Partner · Castlefield EstatesDeveloper: Castlefield Estates

Overview

The Cotton Exchange is a 96-apartment conversion and new-build scheme in Ancoats, delivered by our in-house construction team. Short-let planning consent is secured, giving investors the choice of assured long-let income or higher projected serviced-accommodation returns.

Ancoats has recorded the strongest rental growth of any Manchester ward over the last five years, supported by restaurant, tech and creative employment within a ten-minute walk.

Our assessment

Why 36 Partners selected this scheme

Castlefield has converted mill and warehouse stock in this corridor for twenty years, and their structural team surveys before land is committed — the single biggest source of overrun risk on a conversion.

We took this scheme to market because Ancoats resale evidence is deep and the price per square foot sits under comparable new-build in the same postcode.

About the developer

CECastlefield Estates

Castlefield Estates

Est. 2004 · 41 schemes completed · 3,180 homes delivered

Conversion and regeneration specialist working on mill and warehouse stock across the Irwell corridor.

View developer profile

On this scheme 36 Partners acts as sales agent for Castlefield Estates.

Gallery

Floorplans

1 Bedroom — Loft581 sq ftfrom £224,500
2 Bedroom — Warehouse804 sq ftfrom £312,000
3 Bedroom — Duplex1,102 sq ftfrom £445,000

Specification

  • Restored brick and steel fenestration
  • Herringbone flooring and bespoke joinery
  • Siemens appliance package
  • Smart entry and app-based access control
  • Roof terrace with city skyline outlook
  • 10-year structural warranty

Location

Ancoats sits on the north-eastern edge of Manchester city centre and has become the city's most sought-after residential neighbourhood.

Transport

  • New Islington tram — 5 min walk
  • Piccadilly Station — 12 min walk
  • Airport — 25 min

Universities

  • University of Manchester
  • Manchester Metropolitan

Major employers

  • Amazon
  • Booking.com
  • The Hut Group
  • Co-op
  • NHS Digital

Amenities

  • Cutting Room Square
  • Mackie Mayor
  • Northern Quarter
  • Ancoats Marina

Payment schedule

StageAmountTiming
Reservation£10,000On reservation
Exchange30% less reservation28 days
Completion70%Q1 2027

Construction progress

58% complete

  • August 2026

    Roof terrace waterproofing complete. First-fix M&E on levels 1–4.

  • May 2026

    Facade restoration finished to the Blossom Street elevation.

Brochure

Download the The Cotton Exchange investment brochure

Full pricing schedule, floorplans, projected returns and payment terms.

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