Crown Street Development, Manchester – Complete Market Guide
Introducing Crown Street
Manchester is no stranger to shiny new towers and ambitious regeneration projects, but the Crown Street Developmentis one that’s firmly captured our attention — and for good reason. This striking scheme combines luxury city-centre living with an enviable location, just a short stroll from Deansgate, Castlefield, and the heart of Manchester’s thriving business and leisure districts.
Whether you’re a buy-to-let investor hunting for high yields, a landlord looking to expand your portfolio, or simply a Manchester property enthusiast, Crown Street is a name worth knowing.
Development Overview
- Location: Great Jackson Street, Manchester M15
- Project Type: High-rise residential towers (Build-to-Rent & Private Sale)
- Developer(s): Renaker Build
- Status: Multi-phase, with completed and upcoming towers including Victoria Residence and Elizabeth Tower
- Total Homes: Over 650 units across multiple phases
- Facilities: Concierge service, swimming pool, spa, gym, rooftop gardens, residents’ lounges
- Transport Links: Walking distance to Deansgate Station & Metrolink, easy access to M602 and M56
This is premium city living, designed to rival London’s most prestigious residential offerings — but with the Northern Quarter’s buzz and Manchester’s undeniable charm.
Why Crown Street Caught Our Eye
1. Location, Location, Location
Situated just off Deansgate, Crown Street offers tenants and buyers the ultimate city-centre convenience — work, nightlife, shopping, and green spaces all within walking distance. It’s the type of location that makes car-free living not just possible, but desirable.
2. Luxury Amenities
The on-site pool, spa, and gym aren’t just token gestures; they’re high-spec, thoughtfully designed spaces that genuinely add to the appeal (and rental value) of these apartments. Plus, the rooftop gardens give residents panoramic views across Manchester’s skyline.
3. Build Quality & Design
Developed by Renaker, known for their attention to detail and premium finishes, Crown Street’s apartments are spacious by city standards, with floor-to-ceiling windows and open-plan layouts that maximise light and space.
Market Analysis & Investment Potential
Manchester has seen sustained rental growth year-on-year, and the demand for high-end, city-centre apartmentsremains robust — particularly from young professionals, corporate tenants, and international students at the city’s universities.
- Rental Demand: Extremely strong, especially for 1- and 2-bedroom apartments in premium blocks.
- Yield Potential: Average gross yields of 5–6% are achievable, with potential for higher returns on well-furnished, long-term lets.
- Capital Appreciation: Crown Street’s location within Manchester’s expanding skyscraper district means values are likely to benefit from the ongoing transformation of Great Jackson Street.
Pros & Cons of Crown Street
Pros
- Prestigious location with excellent transport and lifestyle options.
- Luxury amenities that enhance tenant retention and justify premium rents.
- Strong yield and growth potential in Manchester’s expanding skyline district.
- High build quality from a trusted developer.
Cons
- Premium price point may put it beyond some investor budgets.
- Competition from other high-rise developments in the immediate area.
- Service charges are higher than average (though reflective of the amenities provided).
Expected Budget & Buyer Profile
- 1-Bed Apartments: £260,000 – £300,000
- 2-Bed Apartments: £350,000 – £450,000
- Penthouses: £600,000+
- Rental Market: 1-beds £1,100–£1,300pcm, 2-beds £1,500–£1,800pcm, penthouses £2,500+ pcm.
Crown Street appeals to corporate tenants, high-earning young professionals, and overseas investors seeking strong rental returns in a city that’s still more affordable than London.
Interesting Facts About Crown Street
- Skyline Impact: The Elizabeth Tower within Crown Street is one of the tallest residential buildings in the UK outside London.
- Green Focus: Despite its urban setting, the development incorporates landscaped gardens and eco-conscious design to soften the cityscape.
- Regeneration Catalyst: Crown Street is part of the wider Great Jackson Street Masterplan — a transformation that will see multiple skyscrapers, improved infrastructure, and enhanced public spaces.
Final Thoughts
Crown Street is not just another high-rise — it’s a statement development that delivers on location, quality, and long-term investment potential. For landlords, the tenant appeal is instant: central location, luxury finishes, and a lifestyle package that justifies premium rents.
For investors, it’s a chance to buy into one of Manchester’s most exciting urban regeneration stories — one that’s already redefining the city skyline.
If you’re tracking Manchester’s property market, Crown Street deserves a permanent spot on your watchlist.