Property News · August 17, 2018

Let’s move to Openshaw, Manchester: a great location


Great schools, decent parks, a tight community and, on paper, good prospectsWhat’s going for it? With London’s property market closed to anyone earning less than a squillion a day, the early thirtysomethings are leaving the capital. They’ve scarpered to Manchester, Birmingham, Glasgow and Newcastle. So while London’s property prices have flatlined, those in other big cities are rising, and they’re rising fastest in the once-cheapest spots: Birmingham’s Ladywell, Edinburgh’s Holyrood, Glasgow’s Finnieston and Openshaw, where prices have soared by 13%. Average home prices here are £126,553 still less than half that of Manchester as a whole. This is a neighbourhood that’s had – and has – substantial challenges. But, like Ladywell, Holyrood and Finnieston, it has a great location pretty close to the city centre (and to the M60 for escape) and a long period of fairly sustained investment. Up the road is the National Cycling Centre and Manchester City’s Etihad Stadium. There’s a new civic hub and a Metrolink tramline. Openshaw’s got great schools, decent parks, a tight community and, on paper, good prospects. But I won’t lie: you’re not in Kansas/Ancoats any more, Toto.The case against Openshaw is one of the most deprived spots in the country. It will need more sustained investment to see it prosper. Continue reading…

Source : theguardian.com
Read more…Let’s move to Openshaw, Manchester: a great location

You may also like...