QUILLON

Developments

Property Development · Manchester

Site Lines

June 2026 · Issue No. 01

The Ground Is Already Broken For What Comes Next.

By the time a development reaches the headlines, the decisions that defined its value were made eighteen months earlier. This issue: where our four live sites stand right now, what Phase 2 at Cotton House means for early investors, and the corridor we're watching next.

Investor Briefing · Manchester

From the Managing Director

Where the Value Actually Gets Made

Most people encounter a development when the hoardings go up. By then, the site has been chosen, the planning case has been won, and the numbers that decide whether it was a good investment were fixed months earlier. The part of development worth paying attention to happens quieter than that, and earlier.

The site worth watching is never the one with the cladding already on. It's the one where the next decision hasn't been made yet.

This issue runs through where each of our four live sites stands today, what's changed since the last update, and what an eleven-week sellout at Cotton House tells us about where Ancoats is heading.

Edward Quillon

Founder & Managing Director, Quillon Developments

The Pipeline · June 2026

Four Sites, Four Stages

Where each site stands as of this month.

Planning

Construction

Release

Completion

Beswick Riverside

Consent granted May 2026. 86 apartments on the river frontage in Beswick. Site clearance begins July.

Birchwood Yard

Topped out April 2026. 54 apartments inside a converted mill in New Islington. On track for Q4 completion.

Cotton House

Phase 1 — 18 apartments — sold out in eleven weeks. Phase 2 releases this month.

Eastwood Mill

Practical completion reached in April. 28 units handed over. Lettings now underway.

Now Releasing · Ancoats

Cotton House — Phase 2

Phase 1 — sold

Phase 2 — available

Cotton House sits across a converted nineteenth-century cotton mill and an adjacent new-build block, forty-one apartments in total. Phase 1 — eighteen apartments — sold out in eleven weeks, entirely to investors already on this list.

Phase 2 releases this month: twenty-three apartments from studios to two-bedroom, with practical completion targeted for Q1 2027.

11 wks

Phase 1 sell-out

5.4%

Avg. rental yield

23

Units in Phase 2

Market Read · Ancoats & New Islington

Why Phase 1 Sold Out in Eleven Weeks

Ancoats and New Islington have absorbed a steady run of creative and tech employers over the past three years, and the rental demand has followed them. Vacancy periods on comparable one- and two-bedroom stock in the area are now running under two weeks, well below the wider Manchester average.

Pricing on new-build stock in the corridor has moved up roughly 6% over the past twelve months, but Phase 1 at Cotton House was sold at a basis set before that move. Phase 2 reflects current values, which means the gap between what early investors paid and what the market now supports has already opened. Investors who acted on Phase 1 are sitting ahead of that shift. Phase 2 is the next chance to be on the right side of it.

In Brief · Across the Pipeline

What's moved since the last update

Beswick Riverside. Demolition of the existing structure on site begins in July, ahead of groundworks in early autumn. Reservations open to this list before the wider market once detailed plans are confirmed.

Birchwood Yard. Now weathertight following the topping-out in April. Internal fit-out begins this month, with the original mill facade retained and restored in full. Still on track for a Q4 completion.

Eastwood Mill. Eighteen of the twenty-eight completed units are now let, ahead of projections at this stage. The remaining units are listed with our preferred lettings partner.

Get In Early

Request the Cotton House
Phase 2 Pack

Phase 1 sold out before most of our list had a chance to look at the floor plans. If Phase 2 interests you, request the pack now and we'll have it with you within 24 hours.

Request the Investment Pack
Or email our team directly: invest@quillondevelopments.co.uk →

QUILLON

Developments

14 Bengal Street, Ancoats, Manchester M4 6AF
Available by appointment · Site visits on request

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