Funding helps advance Tyldesley scheme

A Greater Manchester residential development has moved closer to completion after securing fresh funding to support its final phase.

VM Finance has provided a seven-figure funding package to back the final stage of Rosalyn Heights, a 19-home scheme under construction in Tyldesley, less than a mile from the town centre. 

The gated development will deliver a mix of three and four-bedroom homes, including detached, semi-detached and mews properties.

Rosalyn Heights is the first residential scheme from Altrincham-based Chambers Capital Group, which provides civil engineering, construction and development services. 

While the project has been funded to date by the group, the cash injection from VM Finance will support delivery of the scheme’s final phase and help maintain its high-quality specification.

Backing onto a stream and mature greenery, the development features design elements uncommon in suburban housing, including balcony terraces, basement rooms with external access, extensive landscaping and a private gated entrance. 

Homes are also around 30 per cent larger than standard.

Michael Wedderburn, managing director at Chambers Capital Group, said: “We wanted to offer something completely different in a popular area and the flexibility of our homes will suit a range of needs, including young professionals, growing families and those with multi-generational requirements.

“The investment from VM Finance will help support the final months of delivery and enable us to bring to market a property offer way over and above anything else available in the marketplace and vicinity.”

Andrew Evans, chief executive at VM Finance Ltd, added: “Michael and his team have a strong track record in property and we were impressed by the unwavering vision to deliver something unique for the area. 

“Our whole business is built on relationship-led lending and, even though Chambers is a new customer and this is its first development, a clear plan and demonstrable ability proved it to be the ideal investment prospect for us.”

The scheme is scheduled for phased completion in spring and summer 2026.

Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →