We see a wide range of investment property in Salford and consider Langworthy to offer significant potential to investors.
Situated to the North of Salford Quays, and West of Pendleton, the Salford area of Langworthy experienced a heavy decline in population in the 1990s, suffering high levels of poverty and crime.
It is now, however, part of an ambitious Housing Market Renewal Initiative scheme. This area has seen considerable investment in urban regeneration with renovation of existing terraced properties, a new school built in 2011, and new improved high street. It also benefits from being only half a mile from Media City and the BBC and good transport links (tram and buses connections).
Developer Urban Splash has redeveloped several Victorian terrace streets as the “Chimney Pot Park” housing scheme which includes some social housing through Great Places Housing Group.
We believe this high quality refurbishment work has re-invigorated the area, making both commercial developments, and the possibility of private developments, extremely attractive for investment.