For anyone seeking quality investment property for sale Salford offers numerous interesting opportunities.
After waiting patiently for many years, Salford is now undergoing an ambitious redevelopment, centred on its historic New Bailey and Chapel Street area.
With an investment of some £650million, the regeneration covers an area the size of 21 football pitches and will provide luxury residential apartments, a hotel and an office development.
The brand new hotel overlooking the river Irwell has already been let to Premier Inn by its owners, and the LaSalle Investment management. A 660-space multi-storey car park has been let to NCP.
An exciting development of apartments and townhouses on the site of the old Vimto soft drinks factory sold out swiftly, with a block of 19 private rented apartment on the south facing side of the River Irwell coming later in 2015.
36 townhouses with rooftop gardens have also been greenlighted next to the historic St Philip’s Church.
As Gelco is itself based within this area, we are able to experience its evolution on a day to day basis, and are understandably passionate about the huge potential the area offers investors.