£1 Billion Expansion of MediaCityUK Salford Quays

2 Mins
November 3, 2021

When identifying property for investment, we look for areas of regeneration, which can provide high-levels of capital appreciation and rental growth.

MediaCityUK, home to the UK's media industry is undergoing its second phase of regeneration and is set to double in size with an ambitious £1 billion expansion plan.

What could be better than a luxury apartment in an exciting, iconic new development set to change the Manchester skyline located next to a £1 billion regeneration programme, with prices from just £175,995 and 6% NET returns guaranteed for the first two years?

X1 Michigan Towers MediaCityUK Salford Quays
MediaCityUK Salford Quays Regeneration

The £1 billion regeneration plan will include ten new development sites incorporating residential units; 50,000m² of office space, restaurants, new public square park and associated public realm, truly enhancing the area.

MediaCity UK is already home to the BBC, ITV, University of Salford and over 250 creative media businesses, and is a major digital media hub, centre of learning and an established visitor destination.

Manchester is now considered the second largest creative and digital hub in Europe due to its rapidly growing technology and media sector. MediaCityUK has been a key trigger in the explosion of creative start-ups and national relocations, a term called "North Shoring".

The BBC alone are reported to be relocating a further 22,000 employees in London to the north of England and Wales, with some key departments relocating to MediaCityUK. This will create an exceptionally high demand for good quality rental accommodation in the area.

Salford Quays is a unique place to live and work, with a wide selection of waterfront bars, restaurants, museums and The Lowry shopping centre, all within a few minutes walk. Manchester city centre is easily accessible via MetroLink, with journey times from just 8-minutes.

X1 Michigan Towers Salford Quays
X1 Michigan Towers Virtual Tour

Prices start from just £175,995 with 6% NET returns guaranteed for 2-years and apartments on the 26th floor with breathtaking views for just £199,995.

  • Prices from just £175,995
  • 6% NET Returns Guaranteed for 2 years
  • Fully managed
  • On-site amenities incl. gym, cinema, retail & leisure facilities
  • 28% Price Growth by 2025 Forecast for the Region
  • Award winning developer
  • Completing Q3 2023
  • Virtual Freehold - 999 Year Lease

Click here to find out more.

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