Middlewood Plaza Manchester
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Middlewood Plaza Salford Manchester marks the start of a new era for Salford’s residential sector and those who invest in it. The development is set to capitalise on the enormous economic potential of the Middlewood Locks regeneration zone, as well as benefit from the host of amenities that the completed district will provide. The apartments themselves are perfectly suited to the energy and dynamism of this newly defined location. Ultra-contemporary interiors will feature high specification bedrooms, kitchens and bathrooms as standard, while all apartments will meet with the new Design Space Standards.
Smart technology will provide residents with the most modern of property tech, while each apartment benefits from whole-house ventilation and a sprinkler protection system. These thoroughly modern homes are set to appeal to Salford and Manchester’s growing class of young, professional urbanites, who demand the very best from their city centre lifestyle. That includes the quality of their accommodation and the best location, with Middlewood Plaza providing the perfect balance of both.
From a property investment standpoint, this is excellent news. A prime location, backed by a superb quality build, in an area packed with potential for capital gains thanks to the extensive regeneration work taking place, is the ideal combination for those looking to profit from buy-to-let.
– Perfectly located at the gateway to Manchester
– Smart technology included as standard, for a future-proofed development
– Appealing mix of apartments, townhouses and duplexes
– High quality kitchens and bathrooms included as standard
– Secure underground parking
– Dedicated cycle bays
– Fully wheelchair accessible apartments
– All apartments serviced by fully maintained lifts
– Whole-house ventilation and sprinkler system protection
– Private roof terrace access for all residents
THE MANCHESTER PROPERTY MARKET
Properties in Manchester have increased in value by an impressive 29.22% over the past five years, according to February 2018 data from Zoopla. Apartments have fared better than average, enjoying an increase of 32.01%.
Demand for residential accommodation in Manchester is high. The city is undergoing rapid change and growing at a rate of around 2,000 homes per year. This is to house Manchester’s rapidly growing population, which is expected to increase from 530,300 in 2016 to 625,000 by 2025. This is creating an excellent opportunity for buy-to-let investors looking to address the city’s housing undersupply backlog, with some estimates showing the need for as many as 40,000 additional homes.
Back to Manchester Investment Property
Middlewood Locks is the largest of three regeneration corridors that make up an ambitious renewal programme for Manchester and Salford. It is being built around existing retail parks, with regeneration work running from 2015 to 2030. With the Manchester Bolton and Bury Canal running through the heart of the neighbourhood, Middlewood Locks is an attractive area that will offer a unique living environment. The 24.5-acre site is exceptionally well connected, with Manchester city centre within easy walking/cycling distance. Main transport links are just a mile away.
The local area features a host of key developments, including the University of Salford and the Crescent District. The Greengate regeneration is reviving 13 hectares, in order to reconnect the historic centre of Salford with Manchester’s modern, vibrant city centre. Meanwhile, Irwell River Park is creating an international waterfront destination that will benefit from a range of environmental and access improvements, creating opportunities for sustainable transport, as well as commercial and residential development.
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