Regeneration
Regeneration is a key indicator of future demand for an area and capital growth, so it’s worth taking notice of planned schemes for towns and cities of interest. Salford is one of the biggest regeneration success stories in the UK, and it has shown phenomenal growth in a short space of time. But does that mean the city is past peak growth?
Not according to Salford City Council, which considers Salford’s growth to be ‘unfinished business’. They plan to deliver 40,000 new homes and 40,000 new jobs across strategic growth locations by 2040 through ambitious regeneration schemes. The local economy is forecast to grow by over 46%, with £3 million of growth.
Location and Travel Links
Salford residents benefit from proximity to central Manchester and excellent transport links.
There are two nearby train stations, Salford Central and Salford Crescent, with frequent trains to Manchester and other cities such as Liverpool and Leeds. Salford is also part of Manchester’s tram network and is well-served by buses. Some areas of Salford are also within walking distance of Manchester City Centre.
When it comes to travelling by road, Salford is also well located for the A6, A580, M602 and M60. Conveniently situated cities like Salford are bound to enjoy popularity with commuters, adding to rental demand.
