Spotlight on The Northern Quarter: Why invest here?
The Northern Quarter is a vibrant and thriving neighbourhood located in the city centre of Manchester. It has gained a reputation as a highly desirable area to live, work, and invest in for several reasons:
Cultural and Creative Hub: The Northern Quarter is renowned
for its vibrant arts and cultural scene. It is home to numerous independent art
galleries, theatres, live music venues, and creative spaces. The area has a
strong sense of community and a thriving creative industry, attracting a diverse
range of artists, designers, and entrepreneurs. This cultural vibrancy adds to
the area’s appeal and creates opportunities for investment in creative ventures
and cultural events.
Regeneration and Growth: Manchester, in general, has been
experiencing significant regeneration and economic growth in recent years. The
city has attracted substantial investment from local residents and
internationally, and has become a hub for industries such as finance,
technology, and media. The Northern Quarter has been a focal point of this growth,
with various redevelopment projects and improvements to infrastructure.
Investing in property within a growing area can lead to long-term capital
One Port Street, Manchester
Prices from £295,000
Located in Manchester’s iconic Northern Quarter, One Port Street will redefine luxury City Centre living. Exceptional Architectural Design and a world-wide renowned developer underpins the quality and excellence of One Port Street. Setting the standard for Manchester, residents can benefit from a state-of-the-art gymnasium, residents lounge and roof terrace, right in the heart of the City.
Rental Demand: Manchester has a large student population, with several universities in the area. The Northern Quarter’s proximity to educational institutions like the University of Manchester and Manchester Metropolitan University makes it an attractive location for students seeking accommodation. Additionally, the neighbourhood’s popularity among young professionals and creative individuals creates a consistent rental demand. This can result in a steady rental income for property investors.
Transport Links: The Northern Quarter benefits from excellent transport links, including its proximity to Manchester Piccadilly train station, which provides connections to other major cities in the UK. The area is also well-served by buses and trams, making it convenient for both residents and commuters. Good transport infrastructure enhances the accessibility and desirability of a location, making it more appealing for property investment.
Low stock, high demand: The Northern Quarter is a relatively compact and established neighbourhood, which means there is a limited supply of property available. With high demand and limited availability, property prices can experience upward pressure, potentially leading to strong capital appreciation over time.
Thinking of investing in The Northern Quarter?
For more information on property prices as well as a list of properties we have in the area, contact us today.