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Hello everyone. A scheme in Manchester, 1.4 km from the Trafford Centre as the crow flies, with one bedroom apartments from £210,000 and both long and short lets permitted. Today, by HSPG, One Trafford Edge is what we are looking at today!
For prices, taxes and the whole buying process, see our guide: UK Property Guide
Apartment types, current price range and location: see the project page
One Trafford Edge is the top to bottom refurbishment of an existing 16 storey building on Barton Road in Stretford into 122 apartments. The scheme sits within TraffordCity’s regeneration programme, which the developer puts at £4.2 billion.
Prices
- One bedroom apartments: £210,000and up
- Two bedroom apartments: £258,000and up
- Apartment size: about, for a one bedroom, 58 m², and for two bedrooms 68 m²
- Total 122 apartments: 30 adet 1+1, 92 adet 2+1
- Completion: Second quarter of 2027
- Tenure: 999 year leasehold
- Annual service charge: 1+1 £1,498, 2+1 £1,758 (the developer’s 2027 budget, about £2.40 per sq ft)
- Developer: HSPG
- Address: Barton Road, Stretford, Manchester M32
HSPGis a property investment company founded by Guy Horne and David Searle which, over more than ten years, has delivered upwards of 6,500 homes across the United Kingdom. They work with more than 70 local authorities and 30 housing providers, which amounts to a strong network of references on the institutional side.
Why One Trafford Edge?
The case for this scheme is straightforward: the entry price. £210,000 will not buy you a flat in London; in Manchester it buys one, and in a building with consent for short term letting. The second argument is location: the Trafford Centre, Therme Manchester and Manchester United’s planned new stadium are all in the same district.
- Trafford Centre alışveriş merkezine 2 km
- A few minutes to junction 9 of the M60
- Links to the city centre on the Metrolink network and at Humphrey Park railway station
- MediaCityUK and Old Trafford stadium a short distance away
- A direct road link to Manchester Airport
Daily life
The Trafford Centre holds more than 200 shops and over 60 restaurants. Chill Factore’s indoor ski slope, SEA LIFE and LEGOLAND are in the same area. For everyday shopping, Asda and Costco are close. Longford Park and Stretford Public Park cover the need for green space.
Rental yield and tenant profile
There are two separate scenarios here. On a long term let the developer estimates £1,124 to £1,180 a month for a one bedroom and £1,350 to £1,450 for a two bedroom, which on the sale price works out at a gross 6.3% to 6.7% a year. On a short term let the operating partner the developer recommends, Hostilo, works on a 16% management fee and projects £23,639 gross a year for a one bedroom and £32,303 for a two bedroom.
Communal areas and specification
- Daytime concierge and night security
- Spor salonu
- Infrared sauna
- Cold plunge pool
- Co-working space
- 68 parking spaces with electric vehicle charging
- Herringbone flooring, Howdens kitchen, integrated appliances
Who is buying?
Investors with a limited entry budget who nonetheless want into the English market, and anyone planning to lift the yield through short lets. Because the building is permitted for both short lets and standard tenancies, it gives the flexibility to change strategy.
Total cost: what you actually pay when you buy at One Trafford Edge
The table below is indicative, based on the £210,000 entry price and a buyer not resident in the United Kingdom.
| Item | If it will be your only home | If it will be an additional home |
|---|---|---|
| Property price | £210,000 | £210,000 |
| Stamp duty (SDLT) | £5,900 | £16,400 |
| Legal fees | £1,500 to £3,000 | £1,500 to £3,000 |
| Searches and Land Registry fees | about £800 | about £800 |
| Approximate total | £218,950 | £229,450 |
With a mortgage there are valuation and bank charges, and if you let the property, management commission and income tax. For your own scenario, use our purchase cost calculator, for stamp duty stamp duty calculator and for rental income our rental income tax calculator.
What to Check Before You Decide
- The short let projections are the developer’s and the operator’s own estimates, not a guarantee.
- The net figures in the projection have only the operating fee deducted. Service charge, ground rent, bills, council tax, insurance, the furniture pack and void periods come on top.
- The ground rent figure has not yet been confirmed by the developer.
- Completion is in 2027; there is no rental income until then.
- Short let rules in Manchester can change; do not tie your investment plan to a single scenario.
How does One Trafford Edge compare with the alternatives?
- St Albans Square: a similar entry budget for anyone who wants to stay near London.
- City Reach: a completed alternative in Cambridge, producing income from day one.
- Park View: another option in Manchester.
We can work out together which project fits your goal, judged on budget, intended use and exit plan. We can also compare the Manchester and northern England schemes on yield.
Answers to the most common questions on this topic: Is Buying a Home in Manchester a Good Idea?
