Manchester's reputation as a world-class city is on the rise, with more and more people and businesses realising what a great place it is to live and work. As a city with an amazing pool of talent, one of the world's most connected airports and transport infrastructures and one of the highest quality and most diverse ranges of businesses, it's no surprise that the Manchester property market is also booming.
Always a great place for business
Often described as the birthplace of modern industry, Manchester is still a city at the heart of technological and industrial innovation. A thriving hub of international business, it continues to provide the location for some of the world's greatest pioneers, creators and innovators, people who drive the UK economy forward and attract some of the planet's greatest companies.
In recent years, Manchester has become the ideal business location for so many firms, whether for headquarters and back-offices, or for manufacturing and logistics buildings. The BBC, to give one example, recently relocated large parts of their organisation here, and Marks & Spencer, Sainsbury’s and the Royal Bank of Scotland have also opened shared service centres in the city.
One of the most connected cities in the world
Manchester is also a enormously well connected city. As well as providing an easy train commute for business meetings across the north-west and the rest of the UK and Europe, it's also home to a leading international airport, the UK’s third largest and the so-called Global Gateway. Manchester Airport handles more than 22 million passengers every year and serves more than 200 worldwide destinations. The recent addition of flights to Beijing will almost certainly bring more investment to the area from East Asian companies.
The planned high-speed link, HS2, will make the city even more well-connected, reducing journey times from London to Manchester Piccadilly to just one hour.
As well as the great many business development initiatives that are currently underway, including a huge range of technological and digital opportunities and a £200m investment by the Beijing Construction Engineering Group, 2016 also saw Manchester Council's strategy to build a further 25,000 homes over the next decade.
At the forefront of property development
Oxygen Tower, a new development of luxury apartments close to Piccadilly in the centre, with apartments starting from as little as £167,508, is due to open in 2018. There is also Downtown Manchester, a prestigious new development of residential 1, 2 and 3-bed apartments located next to historic Castlefield, situated right on the banks of the beautiful River Irwell, and Axis Tower, set to be one of the city's premier luxury apartment blocks, with two of the most deliciously exclusive penthouses offering unrivalled views of the city.
All these new apartments are due for completion in 2018 but can be secured today with your trusted property agents, Barrows & Forrester, at a discounted price.
For more information about these and other properties in the most fashionable and highly sought-after areas of Manchester, not just in the city centre but also on the outskirts of the city, contact Barrows & Forrester today. We have property prices to suit every budget, from luxury apartments to much more affordable locations for those on a tighter budget.
To discuss your investment plans in more detail, give Barrows & Forrester a call on 0333 3001 888 today.