House prices over the last 5 years have inflated by 29% and there is no sign of slowing down. Since its regeneration, Salford has emerged as a standalone City, generating its own base of well-paid jobs and leisure hotspots. With further development in the pipeline, the future looks bright for Salford property investment.
The influx of professional jobs to Salford’s Media City has happened far too quickly for the property development industry. MCUK itself is set to double in size by 2026, creating further jobs and further demand. House prices have already risen by 29% over the last 5 years, and show no sign of stopping, a good sign of Media City property investment.
Couple this data with the ever increasing property prices in the region, and Salford property investors are generating up to 20% returns.
Thanks to the continued regeneration of the City, jobs have flooded into Salford. The BBC, ITV Granada and The University of Salford are producing and employing swathes of young professionals, all of whom need accommodation to match their professional status.
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