GMI Construction’s Oldham Road BTR nears completion

GMI Construction topped out at the £32m Oldham Road Build to Rent development last year and are currently nearing completion.

Picture taken this week of the current progress at GMI Construction's Oldham Road Build to Rent development | BTR News
Picture taken this week of the current progress at GMI Construction's Oldham Road Build to Rent development.

51 (35%) of the 144 homes within the topped out 12-storey Oldham Road Build to Rent scheme that is being developed by the GMI Construction North-West team will be reserved for key workers.

The site team, led by Andy King, are nearing completion of the development.

Oldham Road features one, two and three-bedroom apartments, as well as a 3,000 sq ft roof terrace and further amenity spaces.

The key worker residents will receive discounted rents of up to 25% off.

The Oldham Road scheme sits between two highly-prized districts of Ancoats and NOMA. 

The Build to Rent development falls within Manchester’s New Cross neighbourhood, a key development area where GMI Construction alone is currently working on three schemes delivering a combined 378 homes.

Funding for Oldham Road was provided through Cheyne Capital’s Impact Real Estate strategy, which aims to address the UK’s shortage of affordable housing.