Official figures from the UK’s land Registry indicate an average increase of 1.7% in property prices for England and Wales in 2012, with Salford showing the best increases of any metropolitan district.
It is reported that these figures can be attributed to the relocation of thousands of BBC staff to the Salford area. The BBC’s investment of £1 billion pounds has included the high profile relocation of many of its flagship programmes, such as their "BBC Breakfast" programme and also "Match of the Day".
Riverside House in Salford offers an excellent alternative to the traditional buy-to-let property investment as a fully managed property investment offering 9% net yields and a profitable exit strategy. The project capitalises on the lucrative student sector with Manchester home to 100,000 students and with over 65% of units sold, investors are advised to act promptly so to avoid missing out on this superb investment.
For further details of this excellent new project, please click here.