Market Leads & Opportunities

Former office block sold for residential development

Source: https://www.insidermedia.com/news/north-west/former-office-block-sold-for-residential-development

The sale of a site formerly used by a firm of solicitors will pave the way for more than 100 new homes being built in Old Trafford.Alexander House, located on Talbot Road, has planning consent for conversion to 110 apartments within the existing block.It becomes the sixth office building sold for residential redevelopment in the Trafford Borough by Savills within the last four years.Occupying a prime site within Old Trafford, the building extends to ten storeys and forms a major part of the area’s skyline alongside Oakland House.The site also has positive pre-application feedback for a rooftop extension of Alexander House and a new-build development in the rear car park for approximately 30 additional units.The sale of Alexander House for residential development follows similar sales by the Savills Development team in the Trafford Borough. These include Westpoint, Metropolitan House, Warwick House, Trafford Plaza and Nelson House.Ed Rooney, director at Savills in Manchester, said: “We are really pleased to have completed the sale of Alexander House, which will not only prove to be a welcome boost to the residential market supply in Old Trafford but deliver homes that will benefit from the excellent existing transport links in the area.”Old Trafford is changing significantly and becoming a sought after location to live within and work, whist also retaining the renowned and world class sporting venues. A real mixed use community on the edge of Manchester city centre.”