There Are An Estimated 1.1m Female Landlords in the UK

female landlord

When it comes to business, there are more women turning hard work into success than ever before. In decades gone by, women didn’t have the same financial goals as men nor did they have the opportunity but that is all changing. For example, research carried out just a few years ago found that over half of the UK’s entrepreneur business owners under the age of 35 were female. A shift had occurred and things had clearly changed. 

This is a promising shift in the right direction and proves that women have what it takes to be just as successful as men and in many cases, more successful. However, what is the landscape like for those women who are choosing to invest their money in property?

In the UK, property investment is one of the most popular forms of investment. In many cases, the risk is lower when compared to the likes of stocks or bonds. So, for those who have chosen to invest in the property market, they can benefit from superb yields, especially if they have chosen the right property in the right area. Cities such as Liverpool or Manchester is where some of the best investment opportunities can be found. Here potential female investors  can find a range of properties where they can see a return of as much as 8% on their investment. What’s more, there is a high demand for property while the areas appeal to a varied marker such as young professionals and students.

So, with these opportunities available, more women have shown an interest in investing in property. As it currently stands, it is estimated that around 1.1 million landlords in the UK are women. Therefore, there are now more women in the property industry than ever before. Not only are women investing but more and more are showing an interest in investing in property. This number has increased year on year and there are no signs that this is going to slow down any time soon. Why are so many women choosing to move into property investment?

The reality of the situation is that women are now more focused on finances than previous generations. Women are now given the opportunity to forge meaningful careers where they earn high wages and manage their money better. This greater control over their finances affords them better financial independence and that means that investment is a way of boosting their finances.

There Are An Estimated 1.1m Female Landlords in the UK Aspen Woolf

In some cases, women also see investing in property as a way of closing the gap between the wages of men and women. In the UK, there is still an issue surrounding the gender pay gap with 78% of companies in the UK paying men more than women. Therefore, investing could be a serious option when it comes to plugging the gap. If they do this right, with the right research and understanding, property investment can become a full-time career. Perhaps women who are seeking a change in career could find that becoming a landlord full-time will give them the freedom and the financial stability that they would not get in any other job. To add to this, buy-to-let investments also require a number of skills and women might see this as a chance to improve on current skills or learn new ones. This can include financial planning, research and communication.

As far as investing goes, there are also several generational factors that have influenced the change in attitudes. Those women who were born in the 80s and the early 90s are now working more and earning more than previous generations. This has meant that there has been an increase in enquiries from those aged between 25 and 34. However, it is not just confined to women from the UK as more women from overseas are showing an interest. This includes countries such as China, The United Arab Emirates and many other countries. Now women all over the world are proving how they have the ability to invest and change the opinions of those who invest in property.

Even female investors who have been investing in the property market for decades are noticing a change. They have confirmed that there has been a shift in attitudes and now more women are showing an interest in investing in property. They are now choosing to take control of their future and increase their financial stability. More women are showing how savvy they can be when it comes to financial freedom and independence.

Women are now taking advantage of the potential of the property market. This is particularly true when it comes to buy-to-let investments in the UK, with cities such as Manchester and Liverpool proving to be an attractive prospect for investors. Many of these investments can prove to be a lucrative opportunity with impressive yields. There is also a high demand that is making it possible for them to make the right investments in the right areas where they can also benefit from capital growth. 

If you are looking to make an investment in property, whether you are male or female, our team are happy to guide you through the process. As a firm believer in equal opportunities, Aspen Woolf’s customer service is unparalleled and inclusive.

 

Lack of Demand for Office Space Creates Fresh Investment Opportunities

Office Space Becomes Residential Investment Opportunities

Whether it is in London or any other area of the UK, there is still plenty of opportunity for investment in property. There is still a considerable demand out there for housing but with such little supply, it has meant that prices are being driven upwards.

From an investors perspective, if finding that right property for investment is difficult, there is always another option. This option is to change the use of a property from an Office to Residential. Due to a lack of demand for commercial property, it has meant that many offices are left empty. Therefore, this downturn in the commercial sector opens doors and opportunities in the residential sector. 

This is something that many investors are now turning to and that proves that it is a feasible idea that has lots of potential. So, how can you capitalise on this exciting investment opportunity? 

If the idea of applying for planning permission is something that has turned you away from exploring this option then it may not be a requirement. You might not require planning permission for a Change of Use from an office to Residential which is also known as B1 t C3, which means you can change offices or retail units into flats.

How is this possible?

The government has put a scheme in place known as Permitted Development Right and this enables certain change of uses to take place without the need to apply for planning permission. Under this scheme, it is possible to change an office use to residential use. So, this makes the planning process more efficient, however, as expected, there are considerations that have to be made. It is not possible to convert every office space into housing and that is something that will have to be researched as part of the process. 

So, if you want to make the change, then you will need to make a Prior Approval Application. This will need to include drawings as well as all relevant supporting documents that include the impact on highways and transport, the risks of contamination as well as the noise impact your development will have along with the flood risks.

If your property falls in line with the Prior Approval process, it will mean that you can move your development forward without the need to meet any other planning requirements. 

At this point, you will then need to work with planning consultants and architects to make the most of the space you have. This will enable you to create a property that is not only habitable but appealing at the same time.

Lack of Demand for Office Space Creates Fresh Investment Opportunities Aspen Woolf

Change of Use – How Long Does the Council Take?

As soon as your plans have been drawn up by planners and architects, they can be submitted for Prior Approval to your council. From this point, the council will have 56 days to make its decision. Once approval has been given, you will then have the chance to start work on your investment, converting your office space into homes. 

What should I consider?

There is no doubt that there are investment opportunities available. When you consider the demise of the high street, it is clear to see just why so many opportunities become available. 

However, what you will need to consider is the quality of housing that you plan to create. 

The Royal Town Planning Institute believe that the Permitted Development rights are being used incorrectly and as a way of delivering low-quality housing that is located in undesirable areas. Therefore, you will need to ensure that your project consists of high-quality accommodation that also meets the requirements of the Existing Permitted Development Guidelines. Therefore, it has to meet space standards and also integrate seamlessly into the surrounding area. 

Why is this an investment opportunity?

The commercial sector has taken a slight hit in recent years. From small start-ups to mid-sized businesses, all have felt the pinch; especially with the uncertainty that surrounds Brexit. Many of these offices are in inconvenient locations for businesses yet from a residential perspective, they would work brilliantly. As offices lay derelict and unused for months or maybe years, the landlords either want to sell them on or they have plans to change their use. Despite the concerns over Brexit, there is still a demand for housing. 

To meet this demand without having to build brand new housing, a Change of Use is a great way to make use of something that already exists. With the shell of the property in place, it is a case of making the necessary changes inside so that it becomes housing.

Investors can then meet the demand for property and make their investment work hard for them.

To make sure that you make the right choices and do everything correctly, it is important that you obtain the correct advice. This will ensure that the entire process is efficient and simple. Without a need for planning permission, you could make a change and begin benefitting from what was once a disused office by turning it into high-quality housing that appeals to those who are looking to get onto the property ladder.

If creating your own housing development sounds far fetched, Aspen Woolf have been identifying wealth building opportunities in the residential sector for over 14 years. Contact us or visit our UK property investments section to see what we have to offer. 

 

Spotlight On: The Loom at Vulcan Mill

The Loom Vulcan Mill Manchester Property Investment

As the redevelopment of Manchester continues, urban developments such as The Loom at Vulcan Mill play a crucial role. This architecturally pleasing building was once home to one of the most influential metalwork factories in Manchester. However, it has now been transformed into a contemporary residence that is set in a prime location.

This superb project has turned a prominent building in Manchester into a thriving investment opportunity. This new development seamlessly complements the work that is taking place in the city, transforming it from a dilapidated building and into one that graces Manchester’s skyline.

The location will put residents within reach of the vibrant city centre as well as a range of amenities, making it an ideal property investment in Manchester for those looking to take advantage of a growing area of the market.

The area for this development is New Islington and with it comes a unique and stylish design. Comprising of one and two-bedroom apartments, they are designed for a particular type of resident, especially young professionals and those who are seeking a high standard of living. From the high-end interiors to the stylish brickwork, this is a building that has been transformed in an impressive way, proving that Manchester still has a lot to offer. With it comes that perfect mixture of urban living with green areas and social living as well as the link to the city centre. As far as locations go, this is up there as one of the best.

What is on offer?

As mentioned, the development comprises of 89 one and two-bedroom apartments. All have been designed and furnished with a high spec look and finish in mind. Lavish, opulent and modern, the aim is to capture a sector of the market, and this is where the investment opportunity is one that should appeal to investors looking to take advantage of a great opportunity.

Prices for the 1-bedroom apartments start at £173,000 while the price of a 2-bedroom apartment starts at £250,000. The development also comes with 32 parking spaces which have been allocated to 32 specific units. The work was undertaken by a reputable and respected developer, ensuring an exceptional standard of work and attention to detail.

From an investment perspective, the development comes with a 250-year leasehold and has expected gross yields of up to 5.6%. There is also a very tempting payment plan in place where investors can pay 10% on exchange, 5% six weeks later and then 85% on completion.

Spotlight On: The Loom at Vulcan Mill Aspen Woolf

Location Details

With any development, location is everything and for investors, it is particularly important. Therefore, The Loom at Vulcan Mill will please investors because its location will appeal to those who want city centre living without being located in the city centre.

New Islington is an area that has already undergone extensive regeneration. It is also conveniently located just 15 minutes from the business areas as well as leisure facilities that are located within the city centre. This regeneration zone has seen significant improvements made, particularly within the Piccadilly Basin and Ancoats area. 

The great thing about the Loom at Vulcan Mill is that it is within 100m of the New Islington Metrolink Station. This makes it an ideal place to live for commuters and those who love the bright lights of the city centre. Therefore, they can find themselves in the city centre in just two minutes.

What’s more, they are also within easy reach of many top amenities. Within walking distance, residents will be able to reach Piccadilly Train Station, the Northern Quarter and the Manchester Arndale. They will also be within a number of Metrolink stations such as the Etihad Campus and Deansgate-Castlefield.

For many, location is everything and if investors are seeking a property that has mass appeal then this has it all. With so many developments taking place in the area, it is clear to see that there is a demand for property in the area. With young professionals and even foreign students seeking accommodation, there is potential in this part of Manchester.

The Purchase Process

The purchase process is one that will also be favourable to investors who are interested in purchasing at this development.

To begin with, they will need to complete the relevant paperwork and then pay an administration fee of £2,500. Once the exchange of contracts has taken place, 10% of the purchase price will have to be paid. Then, six weeks after exchange, a further 5% of the purchase price is due. Finally, the remaining balance will have to be paid upon completion.

From an investment perspective, this is a development that will certainly work for investors. As mentioned, the demand for this high standard of living is there. This means that investors can purchase and then begin seeing returns almost instantly. What is also interesting is that this development will also offer significant returns on their investment. Therefore, whether it is a one-bedroom apartment or a two-bedroom apartment, returns of between 5% and 6% are extremely favourable. 

For a development that offers an exclusive standard of living with a first-class finish and design, there is no doubt that this development provides a feasible investment opportunity. With exclusive parking offered and easy access to the hustle and bustle of central Manchester, there is a lot to love about this development.

 

Which UK Towns Might be Worst Hit by Brexit

A no-deal Brexit could cause problems for towns in London’s commuter belt and beyond. The more polarised a town’s or city’s property market is, the harder it could be hit after a no-deal Brexit. The great thing is – it’s not all bad news. During the most volatile political times of the last 40 years, let’s delve deeper into the murky world of a no-deal Brexit and what it could mean for some of the country’s most at-risk property markets. 

Property Investment in Stevenage

Downside: There is what you might call “a bit of a gap” in property prices in our beloved Stevenage, with the property gap widening from 68% to 197% in the past five years. The average detached house in Stevenage comes in at around £553,697 compared to £186,422 for a one-bedroom flat.

Upside: There’s massive investment in start-ups and mature businesses happening in Stevenage, making it one of the greatest innovation/investment hubs in the UK. Not only is it close to London but its location near Cambridge also makes it an exciting investment opportunity. If you’ve ever been to Stevenage, you’ll know the greenery and numerous parks are just a part of this town’s charm and one of the reasons it makes it a very attractive buy-to-let opportunity.  

Property Investment in Milton Keynes

Downside: Fiona Baldwin of financial and business advisers Grant Thornton’s Milton Keynes office has already urged businesses to prepare for a no-deal Brexit. Also known as ‘Brexodus’, EU workers are fleeing Milton Keynes yet local workers are not filling the open positions, which could spell trouble for the local economy. 

Upside: Milton Keynes Businesses have been told to “Keep calm, carry on, and be ready for change”. And that’s what we Brits do. Brutalist architecture (which Milton Keynes has a lot of) has become pretty chic these days with high-rise developments being greatly sought after, which points towards buy-to-let in this area being something well worth considering.

Property Investment in Northampton

Downside: A report from East Northants Council states in the situation of a no-deal Brexit: “The main difficulty is knowing what we are planning for, with little or no direction coming from the Government and its ministries. With this lack of clarity, the council and all relevant agencies in Northamptonshire have considered the possible risks to be: public disorder, workforce shortages, food/fuel/medicine supply chain issues, transport issues.”

Upside: 18.4% of Northampton’s population are in rented accommodation, with that figure to rise over the next 10 years, now seems to be the time to strike if you’re going for a buy-to-let in this large market town that dates back to the Bronze Age. Boasting buildings and facilities such as the Grade II listed Northamptonshire Central Library, Northampton holds its own when it comes to pleasing architecture including the Northampton Museum and Art Gallery plus a thriving café culture.

Property Investment in Luton 

Downside: Carlos Tavares, owner of Vauxhall, based in Luton, warned the BBC of “dramatic consequences” of a no-deal Brexit. Citing free trade as an overriding factor for the plant, employing 1,225 personnel at its Luton plant, a no-deal would be a punch in the gut, affecting both the local economy and endangering employment.

Which UK Towns Might be Worst Hit by Brexit Aspen Woolf

Credit: Flickr

Upside: With a skilled workforce, fantastic infrastructure and lively social scene, it’s not all doom and gloom for Luton. At just 30 miles to the capital, it really has superb access, Luton is one of the most desirable commuter belt locations and ideal for a buy-to-let investment. An accelerated housing development scheme, investment in the airport facilities and increasing leisure investment in the area means the opening of job opportunities for residents which all contribute to the appeal of the town.

Property Investment in Maidstone

Downside: Operation Yellowhammer, the government’s codename for its contingency plan in the face of a no-deal Brexit has predicted congestion in the greater Kent area with lorries facing delays of up to two and a half days. Projected losses for Maidstone in the scenario of a no-deal Brexit could reach £86.5 million.

Upside: Maidstone buy-to-let properties can yield anything from between 2.3% to 7.2% per year, making it a lucrative option for buy-to-let investors. Known as the ‘Business capital of Kent’, Maidstone Borough Council is intent on increasing the borough’s local economy. By 2031 their vision for Maidstone is “A model 21st century county town, a distinctive place, known for its blend of sustainable rural and urban living, dynamic service sector-based economy, excellence in public services, and above all, quality of life”.

Property Investment in Hastings

Downside: When you think of 184.7% from 63.1% over the past 5 years, that’s a fair bit of polarisation. Also, Hastings Council internal Brexit risk document suggests the town may even be flung back to the good ol’ days of rationing depending on the length of any supply shortages.

Upside: Hastings has a bustling culture and arts scene. Hotspots include the Creative Media Centre, The Jeerwood Gallery and a newly renovated University of Brighton in Hastings campus, which makes the town a viable option for attracting young talent. £500m of public funds are currently being invested in East Sussex, being channeled towards the Hastings-Bexhill Link Road, plus a brand-new 50,000 square meter Business Park is also being developed nearby.

Property Investment in Watford

Downside: Instead of moving closer to their place of work, a no-deal Brexit could mean that Watford residents will need to commute longer distances which in turn will increase pollution and also add stress to family life. 

Upside: Over the next 10 years, £1.5Bn is being invested in Watford to improve infrastructure, build new developments and improve leisure facilities. A mainstay of Watford life – the Old Charter Place Shopping Centre has received a £150m cash injection which will include restaurants, shops and a 9-screen IMAX cinema with live performance spaces. It’s clear to see why this would make Watford an ideal buy-to-let investment.

 

In these uncertain times, there are still plenty of opportunities for property investors to take advantage of. With over 14 years’ experience, Aspen Woolf are experts in the area of buy-to-let. With increasing UK rents, now is the time to act and here at Aspen Woolf, we’re here to guide you every step of the way. Get in touch today by calling 0203 176 0060 or sending an email to info@aspenwoolf.co.uk.

 

Everyone is Talking about No.1 Trafford Wharf

Salford Quays Manchester media city at night

Salford – an area with a previously less than desirable reputation. Long gone are the days of the ‘old’ Salford. Whether it was the depressing smoke stacks depicted by local legend L.S. Lowry, or the general consensus as the nation’s capital for scallywags, things have changed immensely. The erstwhile days of an industrial wasteland that once was Salford has now been replaced by world-class architecture with shops and restaurants to challenge the best London has to offer. So, whatever takes your fancy, No.1 Trafford Wharf in Salford Quays has something for every taste.

Salford Quays – a history

The Quays were opened in 1894 by Queen Victoria. Salford Quays, being the larger of the two docks (the smaller of the two are named Pomona docks). Spanning 120 acres of water and 1,000 acres of land, Salford Quays was a major transportation hub for the North West and at one point served as the third busiest port in Britain. 

In 1985 Urban Waterside began the Salford Quays development plan. Not only did the local development company face struggles with pollution from nearby factories, pollution also negatively impacted the water quality greatly. Things had to change. Dams were built to seal off the docks using a rather ingenious approach of aerating the water using a compressed air mixing system. In just under two years, 12,000 fish were introduced. Salford Quays was well on its way to being the cultural centre it is known as today.

Attractions

Whether you’re a red or a blue, a history fanatic, a foodie or someone who appreciates a lively evening scene, No.1 Trafford Wharf has something for everyone. ITV, The BBC, Bupa and the University of Salford are all part of what is being touted as the second largest concentration of creative, media and tech companies in Europe. Let’s take a quick look at just a few of the things Salford Quays has to offer:

  • The Lowry – an arts centre built in 2000 and opened by the Queen, The Lowry comprises of over 2000 square feet of gallery space and hosts a 1730 capacity theatre.
  • Imperial War Museum North – opening in 2002 and showcasing war machines, uniforms and military uniforms to name but a few of the exhibits, the museum won the Building Award in the 2003 British Construction Industry Awards.
  • Ordsall Hall – often cited as Salford’s best kept secret, this Tudor mansion dates back 750 years. But beware – locals are often overheard whispering about The White Lady, an apparition said to haunt the Great Hall.
  • Old Trafford – Go behind the scenes and experience the club’s history with an 80-minute Manchester United Museum and Stadium Tour. A pilgrimage for United fans worldwide, Old Trafford is more than an institution – it’s a way of life. 

Transportation

With the Manchester Metrolink tram system (voted one of the best in the world) serving Salford Quays and the Greater Manchester area, there’s also plans for the British High-Speed Rail to be introduced, reducing the commute to London to a swift one hour. Transport connections are convenient to say the least. Needless to say, this is still a part of Greater Manchester. Ask any Salfordian and they’ll no doubt tell you this IS the Greater Manchester. 

Everyone is Talking about No.1 Trafford Wharf Aspen Woolf

Credit: Flickr

No. 1 Trafford Wharf – the diamond of Salford Quays

Designed by architecture firm 5 plus, this 354-home development is situated next to stunning waterside views. Close to Manchester city Centre and just a 45-minute commute to Manchester’s scouse neighbour, this could also be a huge opportunity for a buy-to-let investment for a buyer based in Liverpool. 

5 Plus’ vision is one that incorporates both an attractive live-in environment and something with a touch of that architectural ‘wow’. The location was a hugely positive feature while considering the scheme for the multi-award-winning architecture firm. A bold, daring design which combines effortless style with sophisticated minimalism; not only does this define the modernism of Salford Quays but also influences the architectural direction of the city in general. The 5 Plus ethos of ‘simple, elegant design’ using quality materials, including the use of heritage brick to maintain the relationship between old and new aptly demonstrates the sensitivity in completing this unique and exciting project.

Comprising a combination of one-bedroom properties, 211 two-beds and four three-bedroom flats over two towers of 18 and 15 storeys, not only is this the ultimate in northern-cool, there’s ground floor retail space with a communal podium garden and roof terrace, ideal for enjoying that stunning Mancunian sunset. Trust me, they do exist.

The Benefits of Being an All-Cash Property Investor

Mortgages, yawn. Let’s take a look at why YOU should be paying in cash:

  • Cash-buying makes the entire process more efficient.
  • Buying with cash eliminates the risk of loan denial.
  • The long game: cash buyers pay less for their homes over an extended period. No loans = no interest.
  • Cash buyers obtain complete and immediate equity on their home.
  • Fewer market fluctuation worries. Regardless of what happens within the market, you’re always able to make decisions on your home.

Why invest in No.1 Trafford Wharf?

It’s an exciting time for this cutting-edge development, so let’s take a look at why now is the right time for you to make that investment.

  • Property prices are rising with forecast of a 22.8% increase between 2019 and 2022.
  • The population is swelling. By 2024 Manchester’s population is expected to rise by 37%.
  • Rents are expected to increase by 17.6% by 2022 due to the influx of young professionals to the area.
  • It’s not all about London, you know. Property sales and transaction speeds are three times that of London with an average selling time of just 36 days.

What makes buy-to-let such an attractive option for cash buyers is that you don’t need to worry about clearing enough to make mortgage payments. If the worst comes to the worst and you do unfortunately have to sell at a loss, you’ve probably saved enough from not paying a mortgage which should be enough to offset the loss. However, always get advice from a trusted advisor before making big financial decisions. 

No.1 Trafford Wharf is an iconic space with peerless style, Both innovative and urban yet with impeccable respect to the heritage of the area, now is the perfect time to become a part of its present and to help shape the future of the area, contact us to find out more about this exciting opportunity. 

Invest in Manchester’s New Thriving Urban Community

Jutland Nortthern Quarter

Throughout the decades, the north has always fallen behind the development seen in the south. However, fortunes are changing and now, the likes of Manchester are seeing a significant amount of investment, where new urban areas are appearing after regeneration. Despite already being considered one of the most influential cities in the UK, it still has a lot to offer when it comes to growth and development.

This is a massive positive for the North and now, Manchester has London in its sights when it comes to being the best place to live. In fact, Manchester has already been voted the 46th most liveable city in the world, putting it ahead of London. Therefore, perhaps now is the time for Manchester to pull away from the pack. 

Extensive developments in recent years have allowed Manchester to flourish. One area that has seen redevelopment and is still undergoing redevelopment is the Northern Quarter. Therefore, it is fast becoming the next place to be and is certainly a place where investors might want to consider purchasing. In particular, developments such as Oxygen Towers provide a great opportunity for investors. 

Why The Northern Quarter?

Perhaps the question to ask here is why not the Northern Quarter? Manchester is thriving. The population is growing and people are choosing to live there instead of the likes of London because of the opportunities available to them. In fact, the population of Manchester has grown by 23% in just shy of ten years and so, many of these people are seeking somewhere to live. This is where the Northern Quarter can really appeal to investors. As these new residents are seeking new urban communities within the inner-city. The reason for this is that they can access all that this amazing city has to offer such as restaurants, bars, shops, entertainment venues and even employment opportunities. For investors, there is still so much to gain from investing in this area of the city.

The last five years, in particular, have seen the biggest changes made to the Northern Quarter. This once, unwelcoming area of the city has been transformed into an area that is desirable and thriving. With new bars and cafes as well as restaurants, it provides a community and with developments such as Oxygen Towers, the area has a new appeal to it and it is clear to see why. 

As it has moved through the regeneration stages, the final phase is in sight and this will put the Northern Quarter further on the map. An already desirable area is about to become even more desirable. The next area is located behind Shudehill station between Ancoats and the Green Quarter. With this will come more opportunities, an increase in demand and a desire from residents to live here. 

Invest in Manchester's New Thriving Urban Community Aspen Woolf

Credit: Flickr

With simple access to the city centre and the surrounding area, there is a clear desire for people to live here. Developments such as Oxygen Towers have a certain charm to them and offer a modern standard of living that potential residents are seeking. 

An Area With a Clear Vision

The Northern Quarter has undergone a significant amount of redevelopment. What makes it so different, however, is the fact that residents have been consulted throughout the process. Students from the Manchester School of Architecture have been coming up with designs and ideas of how existing buildings can be renovated, turning them into appealing buildings and public spaces.

This is an area that clearly has a lot of potential and if people thought that it had already reached its potential then it is time to think again.

The students have been analysing street and history while consulting with businesses and residents. This refreshing approach has brought with it a clear indication of what the Northern Quarter has to offer for investors in particular. 

From green living to pedestrianisation and outdoor spaces, it has so much more to offer. Therefore, the demand to live in this area is going to increase significantly, bringing with it even more investment opportunities. Many of the proposals that were submitted were serious while others were put out there as a way of creating a debate to find out what people wanted.

The Potential Cannot Be Ignored

From transforming the NCP car park to making the area more pedestrian-friendly, the potential of the Northern Quarter is huge. Many people who want to live in these areas are now considerate about the environment. Therefore, green carparks and car-free zones all act as a positive when it comes to turning the area into an attractive prospect for residents and investors. 

These communities are calling out for regeneration. They are calling out to be transformed and brought back to life. For too long, the areas have remained dilapidated, empty and tired looking and that means that the likes of Oxygen Towers are helping to transform and provide. 

As Manchester continues to benefit from an influx of young professionals and families, it is urban areas such as the Northern Quarter that are going to benefit. The demand for high-quality housing and accommodation is what these people are looking for. Therefore, investment opportunities such as these cannot be missed. 

There is no doubt that Manchester is becoming a thriving and vibrant city once again. For too long it has been in the shadow of the likes of London but now it has a modern appeal. With the introduction of HS2 and the growth of the Northern Powerhouse, these urban communities are a perfect opportunity for investors, which is why Oxygen Towers is an attractive prospect.