Cornbrook Hub: Manchester’s Next Investment Hotspot

Cornbrook, once an underutilised area of Manchester, is rapidly evolving into a vibrant hub of development and investment. This transformation is primarily driven by the collaborative efforts of Manchester City Council and Trafford Metropolitan District Council, under the Cornbrook Hub Strategic Regeneration Framework. Positioned strategically between Manchester City Centre and Trafford, Cornbrook is set to become a key gateway to the heart of Manchester, offering a dynamic blend of residential, commercial, and community developments. Consequently, this blog explores the ongoing and planned projects, highlights the area’s investment potential, and explains how Rothmore Property can help you capitalise on these opportunities.  

Key Takeaways

• Strategic Regeneration Initiative: The Cornbrook Hub Strategic Regeneration Framework drives high-density, mixed-use development, thus making the area a critical gateway to Manchester City Centre.
• Residential Growth: Large-scale residential projects, including modern apartment complexes and mixed-use buildings, are significantly transforming the area’s appeal.
• Investment Potential: With rising property prices, high rental yields, and a growing population, Cornbrook is an increasingly attractive location for property investment.
• Rothmore Property Expertise: Leveraging a deep understanding of the UK property market, Rothmore Property offers expert guidance to help investors seize opportunities in Cornbrook and beyond.

The Cornbrook Hub Vision: A New Era of Development

The Cornbrook Hub Strategic Regeneration Framework envisions a gateway connecting Manchester City Centre and Trafford. This comprehensive plan focuses on high-density, commercially-led developments that integrate residential units, commercial spaces, and public amenities. By prioritising these elements, the framework creates a dynamic environment where residents can live, work, and socialise—all within close proximity to Manchester's key attractions and transport links.  

A Dynamic Vision for Manchester’s Growth

The Cornbrook Hub Strategic Regeneration Framework (SRF) aims to transform the area into a thriving gateway to Manchester City Centre. To achieve this, it plans to establish a new landmark entrance, complete with an upgraded Cornbrook Metrolink Station. Additionally, the plan calls for a high-density, commercial mixed-use development featuring distinctive architecture. Moreover, it will introduce a diverse range of new uses, such as residential units, office spaces, retail outlets, hotels, and community facilities. By focusing on high-quality urban design and well-integrated public spaces, the framework aims to create an environment that reflects local character and promotes a vibrant community. 

Importantly, the SRF plans to generate around 1,750 new jobs, both during construction and after completion. Furthermore, upgrading the public realm around Cornbrook Metrolink Station will significantly boost foot traffic, which will, in turn, increase investor and occupier confidence. Moreover, the framework seeks to seamlessly connect the area with its surroundings by replacing outdated land uses with high-quality buildings and significantly enhancing the overall environment.

In addition, the SRF plans to revitalise the railway arches and improve site accessibility, making it easier to reach the Metrolink Station, Bridgewater Canal, and Irwell River Park. Not only will this development enhance transportation options, but it will also provide pedestrian and cycling routes, thereby offering convenient and eco-friendly travel alternatives. Besides these improvements, the plan includes providing local amenities for the community, further enhancing the area’s appeal. Overall, this comprehensive vision ultimately aims to create a lively, attractive area that not only draws in investment but also enriches the quality of life for residents and visitors alike.  

Residential Developments: Shaping Cornbrook's Future

Cornbrook is changing rapidly. Major residential projects are already under construction or have recently been completed, setting a new standard for the area. For instance, the £48 million apartment complex near Cornbrook Metrolink Station, featuring two towers (16 and 19 storeys) and 363 one- and two-bedroom units, now stands as a landmark development. Completed in 2020, this project has significantly boosted the area’s residential appeal.

Additionally, a proposed 24-storey mixed-use building will further enhance Cornbrook’s skyline. This development, Vivere Residence, will include 224 residential apartments, 87 aparthotel studios, and flexible commercial spaces. With its modern design and strategic location, this project promises to inject even more vibrancy into the area. Rothmore Property will be selling this new site of 224 apartments, which is launching on 30th September. Get in touch today to receive the investor pack.  

Investment Potential: Why Cornbrook is a Hotspot for Investors

Cornbrook’s appeal to investors is clear. The area’s strategic location, excellent transport links, and extensive regeneration efforts make it an attractive investment destination. In the past year, the average property price in Cornbrook reached £258,154, reflecting strong market activity driven primarily by the sale of flats. Manchester’s property market remains resilient, with house prices rising by 12.4% from June 2022 to June 2023, according to the ONS.

High rental yields make Cornbrook an even more compelling choice. Compared to many other UK cities, investors can expect better returns here. The area’s growing population and thriving rental market further support its investment potential, positioning Cornbrook as a top choice for those seeking growth opportunities in a rapidly developing area.

Properties in the Cornbrook Central development have been reported to be 10-20% below market value, presenting a strong opportunity for capital appreciation. The area’s high tenant demand, driven by its prime location and proximity to key amenities, further boosts its investment appeal. One standout project is Vivere Residence, a 24-storey development featuring 224 apartments and 5 penthouses planned near the Cornbrook Metrolink stop. This development, along with other proposed high-rise projects across Manchester, reflects the city’s growing trend towards vertical growth. For investors seeking promising opportunities in a rapidly developing area, Cornbrook offers significant potential.  

Connectivity: Cornbrook's Link to the City

Cornbrook’s prime location is a major benefit. Situated just 150 metres from the Cornbrook Metrolink stop and a 15-minute walk from Deansgate train station, the area offers excellent connectivity to Manchester City Centre and beyond. The regeneration framework includes plans to enhance these connections, making Cornbrook even more appealing to both residents and businesses. 

Proposed improvements include upgrading the public spaces around Cornbrook Metrolink Station to create a more welcoming environment and increase footfall. Consequently, these enhancements will not only benefit current residents but also attract new investments and commercial activity, further boosting the area’s growth.  

Rothmore Property: Your Guide to Smart Investments

Investing in property can be complex, especially in a rapidly evolving market like Manchester’s. Nevertheless, Rothmore Property is here to simplify the process. With over 20 years of industry experience and extensive local knowledge, we provide tailored guidance to help you find the ideal property or investment opportunity in Cornbrook and other key UK locations.

Our team is committed to delivering a seamless and rewarding experience. We prioritise due diligence and ensure that every investment recommendation aligns with your financial goals and risk profile. Thus, let us help you unlock the full potential of Cornbrook and beyond.  

Conclusion: Now is the Time to Invest in Cornbrook

Cornbrook is emerging as a significant player in Manchester’s property market. With ambitious regeneration plans and substantial investments already underway, the area’s strategic location, excellent transport links, and expanding residential community make it a top choice for property investors. As Cornbrook continues to evolve, now is the perfect time to explore the opportunities it offers. With Rothmore Property by your side, you can invest confidently, knowing that you are backed by a team of experts dedicated to your success.