Obsidian
£251,000
Starting Price.
6%
Estimated Yields.
Q4 2026
Estimated Completion.
Development Overview
Rising proudly over the city centre, Obsidian is a striking new 26-storey tower that will introduce 250 exceptional new homes to the area.
Designed by the visionary team at Studio Power, Obsidian’s bold, stepped façade makes an unmistakable statement on the skyline. This thoroughly modern building pays homage to the site’s industrial heritage—once home to Salford Iron Works—seamlessly blending contemporary living with an urban sensibility and a strong sense of place.
Located in the heart of the city with a coveted M3 postcode, Obsidian offers unrivaled access to Manchester’s vibrant lifestyle. Just a short walk from an array of shops, bars, restaurants, and entertainment venues, it also boasts excellent connectivity. Manchester Victoria Station is just 15 minutes away on foot, while the AO Arena is only a 10-minute walk. With strong transport links across the city and beyond, Obsidian puts everything Manchester has to offer within easy reach.
Key points:
Prime Location – Ideally situated in the heart of Manchester city centre, offering unparalleled convenience.
Luxury Interiors – Finished to the highest standards, with meticulous attention to every detail.
Exclusive Amenities – Residents can enjoy an on-site gym, cinema room, and private dining area.
Smart Workspaces – Thoughtfully designed co-working spaces provide the perfect environment for remote work.
Heritage-Inspired Design – A bold architectural statement influenced by the site’s industrial past.
A growing economy coupled with a growing population means both property values and rents in the city are increasing faster than national averages now, and are projected to keep doing so in the future. House prices are predicted to grow by 19.7% and rents by 21.6% in the next four years according to JLL.
Throughout the past 10 years, Manchester has had nearly 10% growth in population. This is above the average for the Big Six cities, which sits at 8.7%, and it also surpasses the UK population growth by some distance, which totalled 6.3%, over the same period.
Additionally, Manchester is experiencing the highest annual rental growth in the UK with a 19.6% increase in the year to June 2023.
Findings from the latest show there is a growing appetite for properties, including flats and apartments, in central locations close to key amenities, such as public transport, leisure facilities, shops, restaurants and pubs.
The University of Manchester is the largest and most applied to university in the UK - Manchester has one of the highest retention rates of students at over 32%. There are other significant Universities in the City too (Manchester Metropolitan, University of Salford, Royal Northern College of Music)
Manchester recorded the highest GVA growth across the Big Six cities over the last 10 years as the Northern Powerhouse economy grew by 32%. And over the next decade, Manchester is forecast to have the second strongest GVA growth of 23%, only being beaten out by Bristol by 1%.
An insight into Manchester as a City.
HOW TO REACH US…
Investment Enquiries
0203 576 0134
info@vincereip.co.uk
Head Office
85 Great Portland Street
First Floor
London
W1W 7LT
