Canalside construction celebrates 50th anniversary of 1968 Transport Act


This year will be the 50th anniversary of the 1968 Transport Act marking half a century of inland waterways and canalside developments. 

The Canal & River Trust is a charitable organisation looking after England and Wales’s 2,000 miles of historic waterways, and it has been working in conjunction with councils to create new communities in canalside locations.

Creating a new community in Wolverhampton

One of the Trust’s most recent projects is due to complete this month at Horseley Fields, once a crane foundry site, which is included in the City of Wolverhampton’s regeneration plan. The demolition work of two derelict industrial buildings began earlier this year.

Masterplan for mixed use development

In collaboration with The Canal & River Trust, the city of Wolverhampton and Homes England have chosen the international design consultant, Arcadis, to create an ambitious masterplan. Land owned by the Trust and the City Council together with the wider Canalside Quarter South is going to be the hub of a new community on the canalside. Construction plans will include a mixed use development, whilst promoting the remaining traditional history that surrounds the waterway.

Cheryl Blount-Powell, from The Canal & River Trust, said: “We hope this lacklustre part of the city will eventually be transformed into an attractive and innovative community where people enjoy living. Our aim is to attract new residents, attract new businesses and stimulate the local economy. Canalside developments have been created successfully from Manchester to Bristol and we hope to achieve the same success in this particular part of Wolverhampton.”

Waterside living bridges the north-south divide

Matt Cobb, director at Currell New Homes, said: “There is a premium for waterside properties, but not as much as one might think. The Thames commands the biggest premium with developments such as Bow Wharf in Hackney (see main image) selling apartments for over £1m, but marinas dotted around canals across the UK offer waterside living for a lot less and in recent years have become key sites for new developments from Bristol to Leeds and Manchester.”

Highgrove Mews

High Net Yield Freehold Houses

  • Commutable to London (27 mins to central Paddington station)
  • Rental demand extremely strong with large industry presence in Reading
  • Freehold with 4% net yield

£284,955 - £457,000

St Petersgate – Stockport Manchester

New Launch - Stockport Manchester, apartments from £160,000

  • Discounted launch prices from £160,000
  • Excellent transport links with 3 trains per hour to London Euston and only 9 mins journey to Manchester Piccadilly
  • Experienced development team

Assured Rent Housing Association Leases

Assured Rent Housing Association Leases

  • Assured rent & no rental voids
  • Tenant damage cover & newly refurbished inline with requirements of a corporate sitting tenant
  • Free property and lettings management

From £62,000

Emerging Birmingham Commuter Town With Properties From Just £104,000

The emerging Birmingham commuter town where properties are selling in an average of just 24 days

  • A collection of 62 two bedroom apartments and 28 one bedroom apartments.
  • DE14 is one of the fastest selling postcodes in the West Midlands.
  • 23 minute train journey into Birmingham New Street Station.

Properties from £104,000

Mill, Stockport

The Northwest's emerging property hotspot

  • Discounted off-plan 2-bed prices from £162,000
  • Completion date - Q4 2021
  • Rental yields - 6% plus

Discounted off-plan 2-bed prices from £162,000

South Central – Birmingham City Centre Apartments

Highly anticipated 28 storey launch in Birmingham City Centre with an impressive roof garden and communal facilities.

  • 154 units across 28 storeys
  • Residential multi-media community room, gym, roof garden and sky cinema
  • Excellent future connectivity via the metro system to other key transport hubs and locations around the city

from £205,800


Talk to us

Speak to our UK property experts today: 

+44 (0) 333 123 0320

Open from 9am-6pm GMT

+852 9865 4446

Open from 9am-6pm HKT

Stamp Duty Calculator


Unlock members only investment opportunities and full development details. Join now – it’s free, quick and easy.


Not a member? Sign up for free

Bow Wharf

Canalside construction celebrates 50th anniversary of 1968 Transport Act


By submitting your details via this online form you agree to be contacted via email/phone/SMS by Direct Marketplace Ltd t/a BuyAssociation in relation to property investment and property developments . We do not share your personal details with third parties.  To view our full Privacy Policy click here.