CityRise, the property investment firm responsible for marketing the new Victory Place in Trafford, has unveiled the first images of its exciting new development in the up-and-coming borough. The off-plan development offers a range of 88 apartments over 13 floors, from studios to two-bedroom units, providing exceptional value for homebuyers and high rental yields for investors.
Victory Place, which will be complete in early 2026, is poised to become a landmark in Trafford, as the area undergoes significant regeneration, with substantial investments flowing into the redevelopment of Old Trafford football ground and the wider Civic Quarter Area Action Plan.
Sam Morrell, Director of CityRise, comments: “Manchester has firmly established itself as the capital of the north. The city’s economic growth, population increase, and high rental demand make it a prime location for property investment. Trafford, in particular, is set to lead Manchester through a new era of regeneration. Investors and buyers that may have missed out on the city’s first wave of growth, can invest in an area that will achieve huge capital appreciation over the coming years.”
The Victory Place apartments are designed to a high specification, and the development features a spacious communal lounge, concierge, co-working area, communal outdoor space, 44 parking spaces, and secure bike storage, to help promote sustainable commuting.
With competitive pricing starting from only £191,950, buyers are expected to achieve healthy returns on their investment. With expected rents on par with higher-priced developments in Manchester, yields are to exceed 6% net – significantly higher than Trafford’s average, providing a lucrative opportunity for buy-to-let investors.
Victory Place is just a five-minute walk from both Old Trafford football Stadium and the cricket ground, and residents can enjoy excellent connectivity, with the nearby Manchester Metrolink providing frequent services to the City Centre and beyond.
Trafford’s regeneration, led by the Civic Quarter Area Action Plan, including the creation of over 4,000 homes, new hotels, a primary school, and a retail park, is set to breathe new life into the area, making it an even more attractive destination for homebuyers and investors. The proposed £2 billion redevelopment of Old Trafford Stadium, which aims to transform the football ground into the ‘Wembley of the North’ spearheaded by Sir Jim Ratcliffe, and the Old Trafford task force, headed up by the former chair of the organising committees for the 2012 Olympics, Sir Sebastian Coe, further underscores the area’s potential.
Manchester’s property market is a hotspot for investment due to its impressive growth and potential, with areas ripe for regeneration, such as Trafford, already experiencing significant rises in property values.
Sam Morrell adds: “Everyone saw the phenomenal impact of the Olympics on East London’s property market when the area hosted The Games in 2012. We expect a similar story in Trafford.”
CityRise is dedicated to identifying prime investment opportunities in the UK’s property market. With a keen focus on emerging hotspots like Trafford, CityRise offers clients unparalleled insights and investment options designed to maximise returns.
