About L1 Capital

Founded in 2007, L1 Capital is a global investment manager with offices in Melbourne, Sydney, New York, Miami and London. The companies aim is to “deliver an attractive double digit compounded rate of return for our investors over the life of their funds”. L1 Capital has a range of clients, including large superannuation funds, insurance companies, pension funds, private banks, financial planning groups, asset consultants, family offices, high net worth individuals and retail investors.

L1 Capital Developments

The Skyline 2 is L1 Capital development listed on Homeviews. This Build to Rent development was bought from Way of Life in 2020. It features a range of furnished one and two bedroom apartments, as well as an exceptional three-bed duplex. The Skyline 2 has stunning views over the city. Furthermore, it is located on Goulden Street in Manchester, the building is only a 10-minute walk away from Victoria Railway station and only a 5-minute walk away from Shudehill Metrolink tram stop and bus station.

L1 Capital Reviews

You can read reviews from L1 Capital residents on HomeViews. If there’s a L1 Capital property you can’t see on the site, click here to submit a new listing. Do you live in a L1 Capital property? Click here to leave your review and you could help someone considering your development find their next home.

Number of Developments

1

Ratings

4.34 Rating

Rating (based on 58 reviews)

Excellent

62.07%

Very Good

25.86%

Average

5.17%

Disappointing

3.45%

Very Poor

3.45%

Developments

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Showing 1 development

L1 Capital reviews

Reviews

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Showing 58 reviews

It must be good if i’m still here!

I have lived in Skyline for over 9 years now, and the reason for that is partially down to the size of the rooms, the location of the building and the fact that I have too much stuff to move now.

The onsite amenities are a happy extra, though most new complexes are looking to offer something similar these days, and can’t really appeal to the wider market without at least a gym.

The apartment layouts work well (mine does at least) and the storage I have available is key for the amount stuff I’ve collated over the years. However; if you were hoping on getting parking allocated with the price, think again. Better to get a bicycle if you are going to remain in the city for a length of time as the parking costs are not cheap.

I have seen the design of the building change somewhat over the years and have can say that things have improved since the last takeover, with the onsite staff, aiming to please where they can and refreshing tired/dated communal areas to appeal with the new competing market. They also invested a considerable amount in making the outside cladding of the building safe and replacing glass bricked areas with an actual window to the world. Living in the building whilst it was being completed, was an experience I’d have rather missed.

And if they want to make the building feel like a community; (apart from the gym and pool, there are no real social spaces for interaction) they would need to consider how this could be done without interrupting the day to day running required. However, with town on your doorstep, its not a huge inconvenience.

The concierge are and always have been second to none!! Terrific team that make you feel like you are at home. They go the extra mile and quite possibly a HUGE factor to why I have never left yet.

However; there is still work to be done to improve the apartments. The internal storage heaters are rubbish and not cost effective, and a lot of the heat appears to get lost through the windows and balcony doors. The soundproofing internally is somewhat to be desired, and at times can add to comedy genius, but feeling like the windows are open when they are closed (noise) isn’t funny at all. The building in general (communal spaces / storage / carbon footprint)could also do with a rethink if they are still to stay in the game.

So I guess the question is, can I see myself staying here…for now…yes! If Moda’s apartment bedrooms and living area sizes were better and more cost effective, I would switched after I attended a viewing. The lifestyle they are offering is impressive. The apartments let them down slightly in my perception. Depends on what you value more.

Please tell us what you like and dislike about this area:

The location is superb!! Just a short walk from Victoria Station and the Northern Quarter and about a 20 min walk to Piccadilly. It really does have it all for placement. As we are ‘not’ smack bang in the middle of town, you don’t get the higher banded Council Tax either. But I suppose that could all change with the building work that has been occurring of late.

With the introduction of newer apartment blocks in the area such as Moda, this has prompted the convenience of even closer shops (Co-Op Local over the road) and new bars attached to hotels. There is also the added value to know that once it has all been completed, it will be a nice, safe, well lit area.

The downside to all of this regeneration in the current sense, is that you do feel like you are living in a worksite. Also; the back of the building is in desperate need of this to be completed as it doesn’t look appealing to more timid individuals on a dark night.

The design of the 2 buildings is also something to be desired in relation to sound. On a late night, a whisper downstairs (if your apartment is situated in the central area) can sound like a full blown shout-fest. So when there is a group who have congregated just outside the entrance, you can be tempted to lose your s**t if you have to get up early for work etc… And this can occur on a regular basis as it is a well known pick-up location for Uber and you can usually flag a black cab with ease before it hits the centre of town.

I assume this is nothing compared to if you resided in the town centre but does solidify my argument for better sound proofing on the windows and doors.

If you do have a car…you are perfectly placed to be able to escape on the main feeder roads (Oldham / Rochdale) out of the city straight to the motorway.

Please share one thing (or more) which you wish you had known before you moved in:

1. The heaters – they are rubbish and you only feel the heat if you are stood over the top of them. They take a lifetime to heat a room and by then, you will have killed yourself with a HUGE electricity bill.

2. The temperature – I moved in in the summer and whilst the weather was reasonable, it wasn’t too hot. However in subsequent years I have realised that the apartment is like a greenhouse in the summer and an icebox in the winter. This is down to poor insulating windows, doors and other components.

3. Gym Timing Flexibility – I always hoped that there was a more flexible option once you were a resident to utilise the gym. When you work really early and late, you can’t always take advantage of them. If they were 24 hours, it would be better.

4. Gym Lockdown – There should be different options to enter the gym area other than biometrics (iPhone etc…) my hands / fingers don’t always register and then you can waste time trying to contact concierge to let you in, and they could be on break.

5. AirBnB – Though a great source of income to the building, the introduction has meant that we are sometimes faced with weekend parties of people who do not respect the fact that people live in the building full time.

4
Facilities
3
Design
3
Location
3
Value
4
Management
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Poor place to live

Since Way of Life departed and the building was taken over by The Leaders Group, it has been an absolute disgrace.

The building is the most poorly looked after place I have ever lived. The pool and facilities are often closed/out of use. Simple things such as the bright multicoloured lights in the pool is now just a dull white light.

The floor directly outside the building is shattered and wobbly, it has been a massive hazard for well over 12 months and all has been done to remedy it, is to place one orange cone on the floor. How such a hazard remains uncared is beyond me. They claim that it is not there responsibility and the land is owned by another building. My response. You have tenants paying well over £1000 a month to live in bang average apartments. Fix the dangerous floor.

The water feature outside the building was for the best part of a year littered with cigarettes, rubbish, and for over a week… a dead bird…For over a week, a rotting carcass floated in front of the building. The water has now been drained and I thought was being cleaned and refilled. Nope, it begins to fill with litter again; only this time empty of water.

The Reception area is dated; and a massive waste of space. If you visit any other residential building in Manchester such as Angel Gardens (directly across the road), it feels much more welcoming and homely. It wouldn’t take a lot of effort to update the furniture, maybe add some plants, additional seating. It has had the same ugly sofa from the apartments and nothing else. The guiding features massive, beautiful windows on entrance and could be absolutely stunning. The fact it looks so minimal, empty and cheap again goes to show how much the people that run this place care.

The entrance to the building is not gated and often filled with homeless people or non residents hanging out. It doesn’t feel safe.

There is so much potential for a communal space outdoors, and to really make the outside/reception area a wow factor. Privately hate the area, take some care in the garden/reception area. The amount of money this place charges to put absolutely nothing back into it, is the reason myself and various other tenants can’t wait to leave this place behind.

It’s a real shame, those making all the money clearly don’t know how to spend it. Re invest in the building and it will do wanders.

Please tell us what you like and dislike about this area:

Area is central to Manchester and Northern quarter on doorstep. Close to public transport, many things in walking distance.

Please share one thing (or more) which you wish you had known before you moved in:

I wish I’d known the building was being taken over by people who don’t care.

How has the building management responded to any problems or issues you have raised:

Maintenance team is great. Apartment issues solved quickly.

4
Facilities
1
Design
5
Location
1
Value
1
Management
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Home sweet home!

The swimming pool was my priority to choose Skyline. It is good to know that pool is being regularly maintained /controlled.
The concierge team always make my day, they are always so kind and helpful.
Maintenance of the flat is as easy as sending an e-mail, everything is sorted out for you.
Concierge, maintenance, management can be reached via e-mail, phone, intercom or in-person

Please tell us what you like and dislike about this area:

It is very convenient that with 5-10 mins walk I can reach to Northern Quarter, Victoria and multiple tram stations.

Please share one thing (or more) which you wish you had known before you moved in:

It takes quite a long time for hot water, if the boiler was off for a long time. Use gym facilities for a shower

What is the best feature of your home:

It is a privilege reaching to swimming pool with few steps.
I have an utility room that I am using as a storage area. The aisle is so wide that you can not find in another UK (or at least London) condo, without any clutter around, I enjoy spacious design.
It is cool with breeze from the windows in summer and warm in the winter.

5
Facilities
5
Design
5
Location
5
Value
5
Management
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Personal and Luxury touch, combined.

Skyline central 2 has the personal and luxury touch combined. Expect a great welcome by concierge each morning and evening while passing through reception. The apartments are a great size and well though out open plan layouts with the best balcony views over Manchester (Especially the co-op building side). Optional secure underground parking, 24 hour parcel service, on site Gym, rooftop pool, Sauna and jacuzzi are just sins of the added bonuses to living here. The location is just outside the center of the inner city, making it quieter than the riots and crowds that are 5 minutes walk away. Any maintenance problems can be reported directly to the lovely staff running the building at reception. With problems usually being resolved with 24 hours without question.

Please tell us what you like and dislike about this area:

Being on the edge of town, living here is quiet. There is a co op across the road for local supplies, or the large Arndale centre just 5 minutes walk away. The northern quarter region is crammed with bars and restaurants and comedy clubs too, very convenient. Piccadilly station is a short walk away with frequent direct trains to Manchester Airport. Great for travelling businessmen or frequent holiday makers.

Please share one thing (or more) which you wish you had known before you moved in:

I was told that there would be a communal area for people to work on laptops, have meetings and possible get hot drinks from a machine. I was looking forward to this addition, but nothing came of it.

5
Facilities
4
Design
5
Location
5
Value
5
Management
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These reviews are the subjective opinion of a HomeViews member and not of HomeViews

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