Crossbank Investment Opportunity
Crossbank is an exciting new development located in a flourishing suburban community on the doorstep of Manchester City Centre.
Crossbank is situated adjacent to the east bank of the River Irwell with private terraces, secure parking and high-end fixtures and fittings.
Crossbank is a highly sought after, contemporary, premium-specification development. Ideally positioned in Manchester, this boutique development is located less than 10 minutes from Manchester city centre. It is currently under construction and will be completed in Q4 2020. It has been designed with young professionals in mind, offering ideal homes for first time buyers, as well as outstanding buy-to-let opportunities.
Within walking distance of Salford University and offering direct public transport links to Manchester city centre in under 10 minutes, the location gives investors the potential to benefit from the continued rapid capital growth and strong rental yields in this area.
Crossbank is situated in the Salford area of Manchester, an increasingly popular location for young professionals due to its short commute to the major employment nodes of Manchester city centre, Salford Quays and Media City.
- Bus stop located less than two minutes’ walk from the development, taking you to Manchester city centre in under 10 minutes
- Salford Quays/Media City – 2.8 miles/10 minutes’ commute
- University of Salford – 0.8 miles/12-minute walk/five-minute cycle
Salford has a strong foundation as a desirable residential area with lots of amenities and some of the best schools and universities in the city. With a population of 251,300 people, of whom 21,000 are students, Salford has grown into a major city within the North West.
Salford’s population has grown by 15% since 2001. Its present housing supply is unable to match the demand, with 34,900 new homes needed by 2035 to keep up. In financial terms, the Salford Investment Strategy has estimated that between 2016 and 2026, the city will see £3.8 billion in investment.
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A Bright Future Ahead
Manchester had the second fastest-growing economy in the UK between 2016 and 2019. The city is home to many major strategic developments, backed by investors from around the world. A key driver of the Northern Powerhouse Partnership, Manchester has successfully attracted national and global businesses such as the BBC and Google to establish strategic sites in the city, resulting in real-estate values being among the most stable and rewarding in the world.