Salboy and DOMIS combine two sites to deliver a joint residential scheme

Salboy and DOMIS combine two sites to deliver a joint residential scheme


Todays other news
There’s been a small improvement in the supply-demand ratio...
The most detailed analysis yet of 2025 property investment potential...
There's already been a surge of interest from ultra-wealthy US...
There will be a series of 15 minute information sessions...
Expert advice on what to go for (and what to...


Fifty5ive Queen Street, a 220-unit residential scheme in the Greengate area of Salford, has now been completed by Salboy in collaboration with DOMIS. 

This ‘stylish’ development marks the eighth scheme that has been delivered in partnership with Salboy’s construction partner DOMIS. Seven of the partners’ joint schemes are located in Manchester, Salford, and Cheshire. The partners are currently on site on six developments across Manchester, Salford, Cornwall, and Central London.

Fifty5ive was developed across the old Copperworks on King Street and a second site on Queen Street, both of which were surrounded by historic and often listed buildings. Jon Matthews Architect was able to combine the two sites by creating an efficient floorplate and larger amenity space.

The latest development includes 220 one and two-bedroom apartments and three-bedroom duplexes. Residents will have access to a cinema, yoga studio, gym, co-working space, and break-out lounge.

Only a 10-minute walk from Manchester’s shopping district and trendy Northern Quarter, residents can enjoy local cafés, shops, and restaurants. 

Local Blackfriars, a luxury city-living development of 380 apartments, townhouses, and penthouses also designed by Jon Matthews Architect, is located nearby. The development was completed by Salboy in 2019 at a GDV of £85 million while the DOMIS and Salboy projects have an estimated combined GDV of £1 billion.

Salboy has marketed this development to a blend of owner-occupiers and investors who let their properties to long-term renters. At the point of practical completion, 98% of the scheme’s homes had been reserved by buyers. 

Simon Ismail, co-founder and managing director at Salboy, says: “Once again, the Salboy and DOMIS partnership has delivered: Fifty5ive was completed under budget and on time and is almost entirely sold out in advance. It’s hugely rewarding to deliver another scheme in this important part of Salford that’s home to a lot of the city’s history and rightly deserves to be regenerated and enjoyed by people who work and make their homes there for years to come.”

Kingsley Thornton, director of DOMIS Construction, explains: “We’re proud of the collaborative work with our business partners at Salboy and Jon Matthews to find a solution that delivers a viable and exciting new development next to our flagship scheme Local Blackfriars. On top of that, we delivered ahead of schedule and under budget – something that was only made possible by the hard work of our teams and partners on-site.” 

Tags: England

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Property Investor Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
Recommended for you
Related Articles
An analysis by peer-to-peer real estate investment platform easyMoney has...
The strength and popularity of the Greater Manchester single-family Build...
A portfolio of seven flats in one of Nottingham’s most...
Grainger, the UK’s largest listed provider of rental homes, has...
The Budget has forced a revision of forecasts for the...
There’s a warning that over 130,000 commercial properties are ‘at...
The Budget next week could spell financial shock for investors,...
Recommended for you
Latest Features
There’s been a small improvement in the supply-demand ratio...
The most detailed analysis yet of 2025 property investment potential...
There's already been a surge of interest from ultra-wealthy US...
Sponsored Content
Are you concerned about rising interest rates and their potential...
In the ever-evolving landscape of property investment, staying ahead of...
Property investors, This one's for you. Lendlord's latest Deal Analyser...

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

No one likes pop-ups ...
But while you're here