Pricing.
Exceptional value within Manchester's premium residential market.
Exceptional value within Manchester's premium residential market.
At an average of approximately £510 per sq ft, Islington Parkside represents one of the strongest value opportunities currently available within central Manchester.
Despite occupying a prime position within Chapel Wharf, pricing remains significantly below many neighbouring developments — and the entry point is deliberately accessible. A one-bedroom apartment can be secured with an initial investment of less than £50,000, including the reservation fee and exchange deposit.
21 homes · types C, E and F · 399 to 572 sq ft
28 homes · types A, B, D and G · 666 to 716 sq ft
Across the scheme. Individual apartments vary by floor, aspect and size.
Including the £5,000 reservation fee and 20% exchange deposit on a one-bedroom apartment.
This attractive pricing allows investors to secure exposure to one of Manchester's strongest regeneration locations before values fully reflect the area's long-term transformation.
| Development | Average price per sq ft |
|---|---|
| Piccadilly Wharf | £601 |
| Obsidian | £595 |
| Kingfisher | £587 |
| Waterhouse Gardens | £580 |
| Islington Parkside | £510 |
Comparable pricing as published in the Islington Parkside sales brochure. Figures are averages and will vary by apartment.
Roughly 14% below the average of the four comparable schemes (£591 per sq ft).
The indicative difference between £510 and £591 per sq ft on a type A apartment.
A simple, staged payment structure. The majority of the purchase price is not payable until the building is complete.
Reservation fee. Your chosen apartment is taken off the market and the legal process begins.
Payable on exchange of contracts, less the reservation fee already paid. Contracts are exchanged and the apartment is legally secured.
The remaining balance is payable on completion, when the building is finished and keys are handed over.
| Stage | Calculation | Payable | Cumulative |
|---|---|---|---|
| Reservation | Fixed fee | £5,000 | £5,000 |
| Exchange of contracts | 20% of £235,000, less the £5,000 reservation | £42,000 | £47,000 |
| Completion | Remaining 80% | £188,000 | £235,000 |
Illustrative only. Excludes legal fees, Stamp Duty Land Tax and any mortgage costs. Completion balance can typically be funded by mortgage or cash; speak to the team about lender options for investors.
You'll appoint your own solicitor to act on the purchase. Tenax can introduce firms experienced in off-plan conveyancing if helpful.
Payable on completion and dependent on your circumstances — including whether the apartment is an additional property and where you are resident. Take independent advice.
Service charge, ground rent (if any) and buildings insurance contribution will be confirmed in the legal pack, together with the lease term.
Tenax does not provide tax, legal or financial advice. Figures on this page are based on the published price list and are subject to change and availability.
Request the price list, availability schedule and full investor pack. One of the Tenax team will come back to you within one working day — no hard sell.