City cen­tre street is now mil­lion­aires’ row

Glossop Advertiser - - News - Jill Bur­dett

ATREE-LINED city cen­tre street is be­com­ing Manch­ester’s mil­lion­aires’ row.

For years St John Street has been home to pro­fes­sional of­fices – the smart city cen­tre base of bar­ris- ters, den­tists and doc­tors.

But now the hand­some Ge­or­gian prop­er­ties are be­ing con­verted back into in­di­vid­ual houses, and are fetch­ing Mo­nop­oly money prices.

St John Street is the only sur­viv­ing Ge­or­gian ter­raced street in cen­tral Manch­ester. The city was buzzing back then - thanks to the tex­tile in­dus­try and trans­port links - but there was, as ever, a wealth di­vide.

While the en­joyed a gilded life­style of ball­rooms and rich sedan chairs, the strug­gles and frus­tra­tions of the poor would lead to protest, and then tragedy, at Peter­loo Run­ning off Deans­gate, St John Street’s dis­tinc­tive ter­races were built be­tween 1770 and 1850 as homes for pro­fes­sion­als and busi­ness­peo­ple on the sunny side of the di­vide.

Gary Neville, the for­mer Manch­ester United and Eng­land player, TV pun­dit and prop­erty de­vel­oper, has snapped up two of these build­ings, which are in the process of be­ing con­verted back into lux­ury homes.

Mean­while apart­ments in The Res­i­dence, a Grade II listed build­ing at the Deans­gate junc­tion, launched ear­lier this month - half of them have al­ready been re­served, with prices start­ing at £500,000 for a two-bed­room apart­ment, and up to £1m plus for the du­plex pen­t­house.

Buy­ers here are the type who need a sec­ond home in town rather than a mort­gage. And the com­bi­na­tion of deep pock­ets and de­mand has pushed val­ues in this part of town up to £515 per sq ft – the high­est res­i­den­tial value seen in the city so far – and you can’t even park your car. FACE­BOOK has teamed up with some of the UK’s big­gest pub­lish­ers to train the next gen­er­a­tion of lo­cal re­porters.

The so­cial net­work gi­ant will fund the re­cruit­ment and train­ing of around 80 as­pir­ing jour­nal­ists.

It has part­nered with Manch­ester Evening News pub­lisher Reach as well as Newsquest, JPI­Me­dia, Ar­chant and the Mid­land News As­so­ci­a­tion and the Na­tional Coun­cil for the Train­ing of Jour­nal­ists (NCTJ), to launch the Com­mu­nity News Pro­ject.

It will pro­vide £4.5m fund­ing ‘to sup­port lo­cal jour­nal­ism and im­prove the di­ver­sity of UK news­rooms.’

The NCTJ will over­see the re­cruit­ment of the trainee ‘com­mu­nity jour­nal­ists’ and place them in lo­cal news­rooms.

It will ini­tially run as a two-year pi­lot scheme.

David Hig­ger­son, chief au­di­ence of­fi­cer at Reach, who has led dis­cus­sions about the scope of the pro­ject on be­half of the pub­lish­ers, said: “This pro­ject is a fan­tas­tic way of ●● ●●

“There is an un-met de­mand for high end prop­er­ties in the city cen­tre and this is prob­a­bly the finest ad­dress in town,” An­thony Stankard, owner of agency Re­side Manch­ester, said of The Res­i­dence.

“St John Street is the only tree-lined Ge­or­gian street in the city cen­tre and it ends in a park. De­spite be­ing min­utes from Spin­ning­fields and the bus­tle of the city it feels very dis­creet.

“All five of the buy­ers at The Res­i­dence are owne­roc­cu­piers, most of them don’t need a mort­gage and two will be us­ing them as city cen­tre crash pads as they have a sec­ond home out of the city.

“The great at­trac­tion of this build­ing is not just the lo­ca­tion but that it is ex­clu­sive, with only ten apart­ments in to­tal. “

The flats have been kit­ted out to the high­est spec by lux­ury end de­vel­oper, Kings­dean, in­clud­ing Gagge­nau ap­pli­ances, in­creas­ing the num­ber of sto­ries pub­lished that would oth­er­wise not be cov­ered.

“The fund­ing will help us pi­o­neer new ways of lo­cal news gath­er­ing and dis­tribut­ing sto­ries to un­der­served com­mu­ni­ties.

“It will help us in­crease news­room di­ver­sity and in­clu­sion, and the pub­lish­ers are pleased to be work­ing with the NCTJ to re­cruit, train and qual­ify the com­mu­nity jour­nal­ists.”

Nick Wrenn, Face­book’s head of news part­ner­ships, EMEA, said: “Peo­ple want to see news that mat­ters to them. Of­ten that means news about how their lo­cal sports team is do­ing, pro­posed changes to town plans or Quooker hot wa­ter taps, ex­trav­a­gant mar­bled wet rooms and floors cov­ered in huge ce­ramic tiles.

Park­ing will cost buy­ers a bit ex­tra.

“We have ne­go­ti­ated park­ing at Great North­ern for £1,000 per year,” ex­plained An­thony.

Fur­ther down St John Street, one of the ter­races, hav­ing been sold for £500,000, has al­ready been re­turned to its for­mer glory in a no ex­pense spared re­fur­bish­ment.

Not too far along from that the ones owned by Neville are be­ing worked on. An­other is on the mar­ket with a price tag of £750,000.

Mean­while, the build­ing oc­cu­py­ing the op­po­site cor­ner to The Res­i­dence, at the junc­tion with Deans­gate, is be­ing con­sid­ered for con­ver­sion from of­fices to res­i­den­tial.

In fact this whole area around St John’s and into Castle­field is now see­ing some of the prici­est prop­er­ties in the city cen­tre. new shops open­ing on the near­est high street.

“Lo­cal news­pa­pers keep peo­ple up to date on ev­ery­thing that’s go­ing on in a com­mu­nity, but also play a vi­tal role in hold­ing lo­cal coun­cils and in­sti­tu­tions to ac­count.

“We recog­nise the im­por­tant role Face­book plays in how peo­ple get their news to­day, and we want to do more to sup­port lo­cal pub­lish­ers.”

The ap­pli­ca­tions process will open early in 2019.

The NCTJ and pub­lish­ers will fo­cus on find­ing trainees from a range of di­verse back­grounds to re­flect the lo­cal com­mu­ni­ties they’ll serve.

Face­book will fund train­ing for 80 lo­cal re­porters

St John Street in Manch­ester city cen­tre

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