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X1 Opportunity X1 Opportunity Exclusive Luxury in a Desirable Location Manchester – the heart of the Northern Powerhouse A leading buy–to-let destination Capital Growth for Residential Property in Manchester Rental Growth Projections Manchester Population & Employment The time is now for MediaCity UK X1 Developments X1 is one of the UK’s leading property We are delivering some of the largest of city centre residential developments in residential developments in the North some of the UK’s best cities. The X1 portfolio enjoyable places to live. and contractors. national space standards sizes, and are easily adapted to meet the needs development. X1 Lettings With over 15 years experience, X1 Lettings Our team focus on building quality has grown from an independent agency relationships with both residents and with 5 employees to a globally recognised landlords alike and our unique company brand with over 70 full time employees structure allows us to provide an managing 4000 student & residential unparalleled level of aftercare. properties across the UK. We pride ourselves on our professional We are experts in both student and diligence along with the continued high residential property management with an levels of demand across the X1 portfolio, award winning block management arm in our continuous high levels of resident place. satisfaction, leading retention rates and shorter periods of vacancy. Within the industry, we have created a strong reputation for our award winning Over the years, our team have won many services and highest standards of resident awards for the quality, design, delivery aftercare across our operations in and management of our developments Liverpool, Manchester, Leeds and Kent. and our vision is to continue to raise our standards higher still. At X1, we put our residents and landlords at the heart of our operations and our We are passionate about our properties client led services ensure that we are able and ensuring that we are improving the to successfully strike the balance between communities in which we develop, along tenant welfare and maximising our with ultimately maximising our investors Landlord’s return on investment. return on investment. MediaCityUK Over the past 10 years, MediaCityUK Following on from the successful delivery has transformed from what once was of Phase 1, Peel have achieved approval to a derelict piece of land into a vibrant begin works on Phase 2 of MediaCityUK, community which plays home to some which is set to include an additional 1800 8000 residents who live, work and study at resident units along with a further £1bn the digital hub of the North West. investment to continue to develop the area. Located at Salford Quays, MediaCityUK is recognised as one of the worlds biggest Phase 2 will also deliver over 55, 000 m2 of media brands with an exciting mix of additional office space, retail and leisure 250 businesses calling it home and the uses as well as a sequence of new public University of Salford amongst its key spaces. residents. Thanks to MediaCityUK & it’s investment, Salford has seen the creation of thousands of jobs and homes as part of the project, with more investment and upgrades to infrastructure on the way. 2007 Construction at MediaCityUK begins 2010 Initial infrastructure is completed 2011 The BBC begins its move of 3200 staff into three new buildings 2013 ITV completes its move of 700 staff from Manchester City Centre 2016 Final building of phase one is completed 2018 Bupa completes new flagship headquarters 2019 MediaCityUK is recognised as one of the UK’s best green spaces Old Trafford 2.9 miles X1 & MediaCityUK: Etihad Stadium 5 miles University of Salford 9 miles University of Salford MediaCityUK Campus 0.2 miles Phase 1 University of Manchester 3.8 miles Manchester Metropolitan University 3.2 miles The University of Bolton 12.5 miles University Academy 92 2.6 miles X1 Media City consists Manchester Airport 12.3 miles of 4 x 26 storey iconic towers in the The Trafford Centre 3.9 miles heart of MediaCityUK being delivered in partnership with Peel L&P. Piccadilly Station 3.9 miles Spinningfields 2.9 miles The final two towers will act as a response The Northern Quarter 3.9 miles to the inherent need for accommodation Ancoats 5.2 miles within the area and deliver 1100 Deansgate 3 miles apartments in total. Castlefield 2.8 miles The Arndale Centre 4 miles At present, occupancy at X1 Media City is consistently at 98% and high rental demand within the area. Overall, the first phase of X1 Media City comprises 54,000 sqft of residential and commercial space with across a stylish mix of 1, 2 and 3 bedroom apartments. Introducing X1 X1 With the expansion set for MediaCityUK’s phase 2, X1 is an opportunity to support expansion within the ecosystem along with facilitating the growth of the second biggest economy outside of London. Set across four towers, each building will contribute to a total of 1314 new apartments across a mix of 1 2 and 3 bedroom apartments along with stylish town houses. Building Total Units 1 Beds 2 Beds 3 Beds Town House 1 375 171 166 29 9 2 394 189 165 33 7 3 365 145 195 25 0 4 180 72 96 12 0 TOTAL 1314 577 622 99 16 Bedroom Apartment Style 2 Bedroom 3 Bedroom Apartment Style Apartment Style Style Exclusive Luxury in a Desirable Location As one of the most sought after With an exciting mix of bars, restaurants destinations to live in Manchester, Salford and shopping, MediaCityUK offers Quays attracts both young families and residents the perfect lifestyle balance working professionals alike looking to live, with the opportunity to commute to wider work and play in MediaCityUK. Manchester on the doorstep. Apartments in Media City provide investors Not only does MediaCityUK provide with lucrative investment opportunities residents with green space that simply which unlock the potential for impressive cannot be find in the City Centre, but capital gains, whilst residents can take travel links mean you can reach towns advantage of all amenities within the area. such as Altrincham and Bury in a matter of minutes. Manchester – the heart of the Northern Powerhouse In a cluster of cities that includes Leeds, On 24th March 2020, The Trafford Park Liverpool, Sheffield and Newcastle, Line Tram extension opened seven months Manchester is at the heart of the ahead of schedule. The £350million Northern Powerhouse initiative – a Metrolink extension, which has added an collection of Cities which together form additional 3.4 miles covered opens up an economy of over £350 billion. Manchester even further for residents. The Northern Powerhouse plays home to The Government initiative does not just some 10.7 million people, 25% of who live stop at infrastructural improvements – it in the Manchester City Region. focuses on the creation of a highly skilled and improved workforce, which is vital for As one of the North Wests forward any economy. It concentrates on Cities, thinkers, Manchester is leading the way regions and smaller towns and their own in economic growth when it comes to economic growth in order to contribute investing in skills, transport, culture and directly to the growth of the North. ultimately unlocking its huge economic potential. Since it’s introduction in 2014, the economy grew by 10.7% - which is marginally higher Between 2015 and 2020, the government than the rest of the UK and eomplyment in pledged to spend over £13billion the North grew by 6.9% (National Average improving northern transport and in the same period was 6.2%) infrastructure . With more business moving to Manchester, it is expected that the City will see around 3100 jobs created year on year until 2034. A leading buy–to-let destination With the population continuing its upward Residential property values in Manchester growth, Manchester City Council has have risen 5.1% year on year in the last 12 predicted that the population will exceed months according to the latest data from three million by 2030 – with Manchester’s Zoopla and Hometrack confirms that population in particular to top half a Manchester remains the fastest growing million. City. By 2022, it is predicted that house prices will grow by 15.3% and rents will rise Further insights from Manchester City by 13.6%. Council demonstrate that the city centre is experiencing population growth 15 times Research from Knight Frank has confirmed faster than the rate at which new homes the above through its indication that rental are being built. income looks to continue its growth with an overall rise of 14% by 2022. Research from Savills has shown that although there are 7000 new homes in the The same research continues with its pipeline for Manchester over the next two predictions with regards to the private years, to meet housing needs, a further rented sector announcing that 25% of all 11,254 would need to be delivered per households in the UK will rent privately by year to keep up with demand. the end of 2021. Capital Growth for residential property in Manchester Manchester outpaces all other UK Cities Research from leading property portal when it comes to economic growth. Zoopla has underlined that between 2018 and 2019 residential property values have The density of Manchester’s population is risen 5.1% and Manchester remains the 11, 449 per square mile - making it one of fastest growing city, outpacing all other the fastest growing cities in the UK. cities in the UK. By 2035, it is predicted there will be a With this research, it is possible to predict population of some 3,028,104 residents. capital growth over the next ten years should the increase stay the same or with marginal fluctuations.
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