1 bedroom apartment for saleReference: 89651, Elmira Way, Salford
- 1 Bedroom Apartment
- Located In Salford Quays
Property Reference: 89651
Manchester Investment Case
From a city rich in industry, Manchester has diversified to become the beating heart of the Northern Powerhouse. Out of the six cities within the Northern Powerhouse scheme, Manchester recorded the highest growth in GVA per head at 6.8% since the inception of the initiative. It also boasts the highest number of development plans with £78 million funding for culture and leisure in the city.
The City is well-connected within the UK as well as internationally and is regarded as a key transport hub for the north of England. With High Speed Rail 2 (HS2) underway, as well as a £1 billion investment by Manchester Airports Group and Beijing Construction Engineering Group to expand Manchester airport. Piccadilly Station is the hub of HS2 within Manchester, and a central part of regeneration within the city such as the 6-stop £350 million Metrolink Trafford Park line extension.
These development plans, along with growing industries and world renowned education and digital sectors, is resulting in a growing population. Manchester city centre`s population grew approximately 10% from 2014 to 2017 and is projected to grow 37% between 2018 and 2024. Employment growth in Manchester is expected to exceed that of many international capitals, including Paris, Berlin and Tokyo, according to predictions by Oxford University economists. It is anticipated that 55,000 new jobs will be created before 2025, adding £19 billion to the Total Gross Value in the economy by 2030. Additionally, disposable income is expected to rise by 28%.
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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