First homes at £53m PRS scheme come to market
Work has been completed on the first phase of £53m Dock 5 development on the banks of the River Irwell in Salford.
The Dock 5 community will eventually be made up of 394 furnished and unfurnished apartments and townhouses for private rent, with residents now moving into the first 121 homes to be built in the first phase.
The scheme, which is made up of three blocks ranging from four storeys to eight on a 2.8-acre site on Ordsall Lane, is set to be fully completed in September next year.
It will also come with access to a state of the art gym, free to use communal work from homes spaces, along with parcel lockers, cleaning services, and even pet walking services.
The Salford suburb of Ordsall is booming having seen millions of pounds of investment in the past five years. The area is set to be transformed with more than 1,000 new homes planned to be built over the coming years along the waterfront area.
Rents at Dock 5 start at £700 per month.
Mark Edwards, strategic lead at ForLiving, said: “It is fantastic to see our vision for Dock5 come to life. This is an exciting time for Ordsall bringing together an amazing legacy for the area with a bright future.
“Welcoming the first residents to the neighbourhood is a significant milestone for the community and for the scheme. The development reflects Salford’s buzzing personality and is perfect for those wanting to enjoy city centre living without the expensive price tag.”
He added: “We are proud of Dock5 and are thrilled to be part of such a huge project which will improve lives for generations to come”.
Ordsall is rich in arts, culture and history. The famous manor house, Ordsall Hall, is nestled in the centre of the suburb neighbouring the Dock 5 site. It is a 10-minute walk from popular eateries, bars and Salford-born craft brewers Seven Brothers.