OVERVIEW  

This stunning new development is a handsome refurbishment conveniently situated next to key transport nodes into the city centre. The impressive new development consists of 60 one and two bedroom apartments, all of which follow an open plan design setting with ample natural lighting through wall-to-wall windows.  

HIGH SPECIFICATIONS  

INTERNAL FINISHES -Windows replaced with new UPVC in a sleek grey finish
-Veneer finished doors in gloss white with white chrome handles
-Skirting and architraves in softwood or MDF  

WALLS AND CIELINGS -Finished with plasterboard
-Full height ceramic tiling to shower/bath areas
-White colour paint on ceilings and woodwork
-Natural hessian emulsion paint on walls  

FLOORING -Carpet within the apartment bedrooms, halls and lounge
-Wood effect vinyl planks in kitchen area, bathroom and En-suites  

BATHROOMS AND ENSUITES -White close-coupled toilet with chrome dual flush
-White hand basin set in driftwood vanity unit with chrome tap
-White bath with chrome mixed shower, riser rail and single glass shower screen
-Tiles to full height in wet areas and half height to the rest of the bathroom 

ELECTRICAL AND LIGHTING -Standard light pendants to all rooms with low energy light fittings and chrome
-Switches, sockets and other electrical outlets in white plastic
-Telephone operated main front door entry system
-SKY Q satellite facility at the back of the TV point
-Heat detectors installed in kitchens and mains
-Telephone outlet point pre-wired in living rooms
-Pressurised cylinder hot water system and electric panel heaters for heating  

SALFORD  

Salford, along with other Greater Manchester authorities, has a key role to play in accommodating much of the anticipated growth in the region. It has yet to reach its full potential and is continuing to see growing interest from savvy investors looking for pockets of value.

Boasting a population of 251,300, the city has experienced significant growth over the last 15 years at a considerably higher rate (16.2) than Greater Manchester(10.9%) or the North West(7.0%). Salford is a major employment centre which makes a strong contribution towards Greater Manchester's economy. There are estimated to be over 9,500 active businesses in the city, employing over 127,000 people with a significant number of these concentrated to City Centre Salford and Salford Quays. Major companies such as TalkTalk and Vodafone, call it home as well as MediaCityUK, a £500million mixed-use development with more than 250 businesses, including BBC and ITV. The city's unemployment rate has seen a substantial reduction due to this business influx, falling to 4.9% in June 2018.

Another contributor to the strong employment level is the high-growth industry focus on finance and digital. Salford has one of the first operational 5G networks in the UK and is concentrated to the financial and professional services, alongside the creative and media sectors too. This is likely to bring more business and professionals to Salford, further improving the area's liveability for work and play.  

REGENERATION Salford has been part of an ambitious regeneration and development programme, providing new opportunities for further economic growth and investment. Salford quays area has seen an especially significant amount of regeneration, bringing forward new homes, new office spaces and new leisure facilities.

The Salford central masterplan is a 20 year regeneration initiative. It is one of the largest development projects in the UK. Ranking 25th out of the countries 100 biggest regeneration projects  

MANCHESTER  

THE EPICENTRE OF THE NORTHERN POWERHOUSE The Northern Powerhouse is a government initiative to better connect the core cities of the North through a £7Billion investment. The initiative has helped to position Manchester as a now-thriving cosmopolitan city built upon an industrious legacy.

The city has emerged as a natural choice for investment outside of London. Between 2012 and 2024, Manchester will boast 43,000 net new jobs which is a much higher rate of growth than elsewhere in the UK, which, in turn, will contribute £67Billion to the GVA  

ECONOMY The Manchester region is one of the most economically diverse inside the UK. It is the main driver of the Northern economy, generating nearly 40% of total output(GVA) in the North West and 19% across the whole North of England. Currently, around 1.4million jobs are provided within Greater Manchester. The economic forecasts predict an increase of up to 180,000 jobs by 2037.

Employment opportunities are largely focused around the city centre and adjoining areas such as Salford Quays which combined, account for 20% of jobs. Baseline economic trends indicate that the majority of employment growth would be in Salford, Manchester and Trafford.  

CONNECTIVITY/TRANSPORT LINKS The Manchester region is one of the most economically diverse inside the UK. It is the main driver of the Northern economy, generating nearly 40% of total output(GVA) in the North West and 19% across the whole North of England. Currently, around 1.4million jobs are provided within Greater Manchester. The economic forecasts predict an increase of up to 180,000 jobs by 2037.

Employment opportunities are largely focused around the city centre and adjoining areas such as Salford Quays which combined, account for 20% of jobs. Baseline economic trends indicate that the majority of employment growth would be in Salford, Manchester and Trafford.  

EDUCATION Manchester has one of the largest student populations across the whole of Europe, boasting a population of over 100,000 students. Manchester also has one of the largest volumes of international students at 26,000 and a graduate retention rate of 51% which is second only to London in the UK. These contributing factors bode well for a high, strong rental demand.  

PROPERTY MARKET A structural shift away from the tradition of buying over renting has now resulted in owner-occupied property rates in the UK falling to its lowest ever percentage of the total property market. The young professionals of 'generation rent' are happy to spend an average of 15 years of their life in rental properties and it is expected that by 2032 more than half of UK homes will be rentals.

Much of the residential development that has taken place since recovery from the 2008 recession has formalised the rental market to respond to the UK population now typically renting for longer. First time owner-occupiers are now on average, 2 years older than they were 2 10 years ago. Manchester has recognised the need for a high-quality rental sector to meet demands of these changing lifestyles and is operating as the centre of the UK rental revolution.

There has been more investment into the private rental sector in Manchester from institutional and professional investors than in any other UK city. This Is largely due to the city's favourable demographics coupled with the current 98.5% occupancy rates. As such, despite a short period without any change in 2021 due to COVID-19, the rental price growth is expected to make a healthy jump in 2022 followed by consistent increases accumulating to 14.2% by 2025.  

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