Are these new micro-apartments the smallest flats in Greater Manchester?
At less than a third of the size of the average house, Cheadle Hulme’s ‘micro-apartments’ are among the smallest living spaces in the city.
Fabrick is a development of 184 flats on Warren Road, just off the High Street.
Formerly a 1960s office block, the building has been transformed by London-based developer Inspired Homes into tiny flats, the smallest of which is just 30 sqm – or 323 sq.ft.
In comparison, the average size of an owner-occupied home is 105 sqm.
To date, 43 apartments in Fabrick, which are due for completion Winter 2018, have already been reserved off plan.
With prices starting at £132,950, the apartments are being targeted at young professionals keen to get a foot on the property ladder.
According to the developer, those using the Government’s Help to Buy scheme need only to be earning £23,000 for this to happen.
Buyers will also have to factor in an annual ground rent, currently between £200 and £300 per year, and a service charge of around £100 per month.
Larger two-bedroom apartments on the site range from 49 sqm to 57 sqm which is, on average 40 per cent smaller than a standard sized new build apartment.
But, claims the developer, they are 20 per cent more affordable at £210,000.
The developers say space is ‘maximised through hallway-free design and open-plan living, while offering lots of natural light.’
Each apartment boasts engineered hardwood floors, a sleek kitchen with Bosch appliances and granite worktops, a designer bathroom, 1Gb Hyperoptic, the fastest broadband in the UK, and smart Nest thermostats.
The range of communal facilities includes a WiFi-ready club lounge, where residents can watch movies on a big screen, shoot pool and catch up with friends.
George Langford, 26, works for Greater Manchester Chamber of Commerce and has reserved a one-bedroom apartment at Fabrick for £150,000.
“I am currently living with my parents in Hazel Grove and have been looking around south Manchester for my first property”, he said.
“I’ve gone for the one-bed apartment, rather than the studio which is the smallest. For me, it was all about location. I know the area reasonably well and liked the fact that Fabrick is so handily placed for all of Cheadle Hulme’s bars, pubs, restaurants and, of course, the train station.
“I was also drawn to new build as it is good to go, I basically just need to drop my furniture in.
“The apartment is small but it was a sacrifice I was willing to make to get a place in that location.
“I could have gone for something bigger in my price range but not necessarily in that spot.
“I’m hoping that there’s no wasted space and the designers have made the most of the small space available.
“I have a mortgage in principle in place and I’m hoping that it will be a good longer term investment. Being so close to the train station and other amenities I can’t really see it depreciating.”
Fabrick’s show homes opened for viewings this weekend (9-11 March).
Martin Skinner, CEO at Inspired Homes, said: “Although we expect much interest from investors, our apartments have been built with first time buyers and young professionals in mind.
“Micro apartments offer an opportunity for young professionals to take their first step onto the housing ladder with a high specification space that is affordable, because it is smaller.
“Our new show apartment offers buyers the chance to see how beautiful the finished product is and how spacious a micro-apartment can be when it is cleverly designed.”