Job creation in Manchester is outpacing the rest of the country providing a major boost to the city’s property market according to adviser JLL.
Figures released in JLL’s annual North West market update show that Manchester is expected to have over 10,000 more office workers by 2021 compared to 2018. Manchester will also experience the highest wage growth since 2008.
Commenting, Elaine Rossall, UK head of offices research at JLL, said: “When thinking of the UK’s strongest property markets, Manchester continues to be in a league of its own. Job creation is at record levels and is spread across a range of sectors. Commercial development is increasingly catering to occupier demand and this is translating into positive, continued growth across the other property markets.
“The current strength is also against a backdrop of the UK economy performing better than expected in the run up to Brexit, with Manchester really bucking expectations.”
Inspired Homes’ Fabrick development in Cheadle Hulme, Greater Manchester is a groundbreaking conversion scheme comprising 184 one and two bedroom apartments.
The apartments benefit from engineered hardwood flooring, granite worktops, integrated Bosch appliances, porcelain floor and wall tiles, smart thermostats by Nest and 1GB Hyperoptic broadband, the UK’s fastest. Residents also enjoy access to a co-working style residents’ lounge and stunning roof top terrace with far-reaching views.
The development is located moments from Cheadle Hulme railway station for a 16-minute train to Manchester Piccadilly and six minutes to Stockport. Just 10 minutes by car is Manchester Airport, home to the new £800m Airport City Manchester development and its £130m ‘China Cluster’.
Prices start at £132,950. Using the Government’s Help to Buy scheme, all you need is a deposit of £6,648 and a mortgage for the remaining £126,302 to purchase. On a 30-year term, that equates to monthly mortgage repayments of just £466 (based on 1.99 interest rate). First-time buyers will also benefit from Zero stamp duty.
Call 0161 641 6401 to book a viewing slot or for more information, visit www.inspiredhomes.uk.com/fabrick.