The Northern Quarter Manchester. UK's most dynamic City. A world leading modern economy.
In the heart of a trendy area which is within walking distance from Arndale Centre.
Northern Quarter, Manchester, M4
The Northern Quarter has vintage clothing, vinyl shops and organic coffee, it has been dubbed the Shoreditch of the North. With young, urban working professionals moving here on mass it's had a surge in property prices in recent years and with the capital values and rental demand will not slow any time soon.
The development is in the heart of a trendy area which is within walking distance from the Arndale Centre and a few minutes' walk to bothManchester Piccadilly station and ManchesterVictoria station, offering connections to areas such as London, Manchester Airport, Leeds andLiverpool.
The location is also packed with offices and creative spaces, and boasts some of the best bars and restaurants in the whole of Manchester.For many tenants, there is little competition when it comes to selecting a place to live as they can get to work, socialise and travel further in a very short walk.
or arrange a time to Run through Cash Flow.
or Call the team on +44 207 923 6100.
About the Area
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Investment - This will change the fundamentals, and allow your capital to grow.
Manchester has massive rail & airport investment from both foreign and Government funding.
Manchester Airport is the 3rd busiest in the UK offering flights to 200 destinations for 22 million passengers each year. In 2013 Beijing Construction Engineering Group announced £800 million of investment for the expansion of the airport to create on-site logistics, manufacturing, office and leisure facilities. The project will create the first UK ‘airport city’ and is one of the largest single investments in Britain from China to date.
£650m Media City - A 200 acre business hub for media, digital and creative industries. The new home of the BBC.
A massive £1.5bn Spinningfields Investment. The c. 20 acre mixed- use, city centre regeneration project, which has become the northern headquarters for many leading banks, accountancy and law firms.
Situated next to Spinningfields, New Bailey is an exciting new extension to Manchester's Central Business District, comprising 2.2 million sq ft of new Grade A office and leisure space. The first phase completed Q1 2015.A 20 acre mixed-use city centre regeneration scheme led by two UK institutional investors; Co-op and Hermes.
And a £1.5bn Manchester Life - MCC and Sheik Mansours ADUG's £1bn, 10-year agreement to build 6000 homes in the city's fringe areas.
House prices in Manchester are up 32.5% in the past years, according to Land Registry data compiled by Savils Research, with and 8.8% rise last year alone.
Many apartments in the Northern Quarter and Spinningfields have far surpassed this level of growth.
The city has the highest retention rate of students after London, with 50% choosing to stay after they graduate. Six in 10 Manchester born students who go to university elsewhere also return to their home town after graduation.
Economy & Employment - Jobs and the general economy will give you the confidence needed.
The Northern Quarter is packed with offices and creative spaces, and boasts some of the best bars and restaurants in the whole of Manchester. For many tenants, there is little competition when it comes to selecting a place to live as they can get to work, socialise and travel further in a very short walk.
This investment will be for a wide variety of diverse industries from major conglomerations to new start-ups and entrepreneurs.
This currently includes a workforce of 60,000 and more than 70,000 students in the locale, which already contributes significantly to the economic strength of Manchester with its £200 billion economy.
The 70,000 students mostly comprise of higher learning undergraduates and post graduates with one of the largest higher education campuses in Europe, which draws the very best students and researchers from around the world.
Acting as the focus for Manchester's learning and knowledge economy, Corridor Manchester will also create links to the neighbouring, affluent suburbs and sub-regions, as well as strong wider links to neighbouring cities and towns.
Based on data obtained from the Greater Manchester Forecasting Model (GMFM), Corridor Manchester is generating more than £3 billion in GVA per annum, consistently accounting for 20% of Manchester's economic output over the last 5 years.
Over the past 15 years, the number of people living in Manchester city centre has increased fivefold from 10,000 in 2000 to more than 50,000 in 2016 when the results were last collated, and the latest analysis predicts that this figure could have risen to 80,000 by 2024 - the fastest growth across the whole of the UK.
Manchester is a city with many impressive statistics to its name. It was the world’s first industrialised city, home to the first public library, and birthplace of the world’s first computer. It has the world’s oldest railway station and the oldest professional football league.
Transport - The best transport links are always the most desirable characteristics.
By Air: An Airport to match the status of a Global city. Manchester Airport is set for a 1 billion redevelopment which will transform the site over the next decade, reflecting the ambitions of the city. The redevelopment will boost capacity from the current level of 23 million travellers a year to 30 million. Manchester Airport has three terminals, offering flights to over 190 destinations and handling 22 million passengers each year.
By Rail: The nearest station is only 6 minutes away (0.4 miles) Manchester Victoria Station. Alternatively Manchester Piccadilly Station is 8 minutes away (0.6 miles).
By Road: The area is also very well connected to the rest of the country by excellent motorway links, with the ring road connecting to motorway routes in all directions.
By Bus: There is also a comprehensive and efficient bus route network, and a free city centre Metro shuttle service.
Education - Families are drawn to the areas with the best education facilities.
Manchester is home to two of the UK's five largest universities. A further two to make a total of four institutions that attract over 100,000 students – one of the largest populations in Europe. A massive 70,000 of these students do not have access to dedicated student beds, resulting in the highest rental growth potential in properties located in close proximity to the universities.
Just 2-5 minutes' walk from the University of Manchester faculty buildings, The Royal Northern College of Music, The Manchester Business School and Manchester Metropolitan University, the development is positioned ideally within the city's 'learning quarter'.
The main Manchester Teaching Hospitals are also within 5-10 minutes walk, as well as the Royal Manchester Eye Hospital and Manchester Royal Infirmary.
Higher Education: There are in the region of fifty Higher Education options. From 9 universities and many varied colleges including law, music and language schools. The University of Manchester recently entered the top 50 in The Times’ Top 100 Universities in the world. This ranking makes it a number one destination for students.
Schools: 30 primary, 8 secondary, 22 independent.
As many lower-end properties are rented by students there is a huge demand in the market for higher-quality residences required by commuters and professionals. This makes Manchester the perfect place to purchase an investment that will attract a reliable professional tenant.
Shopping & Leisure - Readily available leisure facilities is so important to the fundamentals.
Vintage clothing, vinyl Shops and organic Coffee, the Northern Quarter has been dubbed the Shoreditch of the North. With young, urban working professionals moving here on mass it’s had a surge in property prices in recent years and with the lack of properties available in this area, the capital values and rental demand will not slow any time soon.
Shopping & Dining: Shoppers are amply catered for by the Arndale Centre, it is described as ‘High Street Heaven’. Built in the 1970s it was modernised from the late 90s and covers around 140,000 m2, with over 200 shops and department stores, it also attracts 41 million visitors annually.
Leisure: With over thirty sports and leisure centres, there is something for every sports enthusiast. For the less energetic there are castles, museums, galleries and plenty of historical houses and gardens.
It would also be remiss not to mention Manchester United and Manchester City two of the most famous clubs in the world. Brett often jokes that you can tell where international investors invest... it is wherever theres a world renowned football club.
The development is located in the heart of this trendy area, which is within walking distance from the Arndale Centre and a few minutes’ walk to both Manchester Piccadilly station and Manchester Victoria station, offering connections to areas such as London, Manchester Airport, Leeds, Liverpool.
The location is also packed with offices and creative spaces, and boasts some of the best bars and restaurants in the whole of Manchester. For many tenants, there is little competition when it comes to selecting a place to live as they can get to work, socialise and travel further in a very short walk.
"Even Brexit won't take away the areas shining future"
You might have realised that I am bullish on Manchester, I have been for the past 5 or so years and I am still very confident in its future. With so much inward investment and migration of people this area will continue to attract buyers and renters regardless of the market, even things like Brexit won’t take away the areas shining future. On that point I think that major cities like Manchester’s Northern Quarter with the best fundamentals and attractiveness for investment will continue to grow and prosper were other areas will continue to suffer.
It really is time that you took these major cities seriously for investment and begun to let go of the cheaper areas which just aren’t attracting the investment potential and future growth potential.
Anyway enough about Manchester and Northern Quarter, I will just give you one thing about the development…. It has an awesome roof garden. 1f642
Brett Alegre-Wood Head of Property Sourcing
or arrange a time to Run through Cash Flow.
or Call the team on +44 207 923 6100.
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Property particulars as supplied by Gladfish Property Investment Ltd are set out as a general outline in accordance with the Consumer Protection from Unfair Trading Regulations 2008, which implement the EU Unfair Commercial Practices Directive. only for the guidance of intending purchasers or lessees, and do not constitute any part of an offer or contract. Details are given without any responsibility, and any intending purchasers, lessees or third parties should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. We have not carried out a structural survey and the services, appliances and specific fittings have not been tested. All photographs, measurements, floor plans and distances referred to are given as a guide only and should not be relied upon for the purchase of carpets or any other fixtures of fittings. Gardens, roof terraces, balconies and communal gardens as well as tenure and lease details cannot have their accuracy guaranteed for the intending purchasers, Lease details, service ground rent (where applicable) are given as a guide only and should be checked and confirmed by your solicitor prior to exchange of contracts. No person in the employment of Gladfish Property Investment Ltd has any authority to make any representation or warranty whatever in relation to this property. Purchase prices, rents or other prices quoted are correct at the date of publication and unless otherwise stated, exclusive of VAT.