Greater Manchester new developments on Korter
Finding new developments in Greater Manchester in such a deluge of information may appear like an arduous challenge. However, Korter acts as your personal guide that helps you find a perfect match.
What do you need to know about new developments in Greater Manchester?
The most significant things to consider when looking for new developments in Greater Manchester are location, stage of construction, and ownership type.
- Location: When browsing through Greater Manchester new developments, pay attention to the proximity to your place of work as well as transport connections, the number of retail, dining, and health facilities in the immediate area in addition to green spaces.
- Construction progress: Investing in an off-plan property in Greater Manchester may seem like a good idea due to a lower price that is bound to rise in such a sought-after location. However, buying a new build property before it has been completed poses certain risks. Furthermore, you would have to wait some time before being able to move into your new property.
- Ownership type: New developments in Greater Manchester are available in one of 2 ownership types: Freehold and Leasehold. If you buy a freehold, the property will belong utterly to you, coupled with the ground it’s built on, meaning that you don’t have to think about the lease running out or paying the ground rent. Leasehold means that you own a new build property for a fixed period of time but not the land it sits on, which comes with some additional fees.
Why buy an apartments in the new developments in Greater Manchester?
Mostly, people are attracted to buying apartments in new developments in Greater Manchester due to a relatively low price. Purchasing a home in Manchester is, on average, 20% cheaper than in London. However, being the third most populated city in the UK, Manchester has much more to offer, including:
- Employment and education: The megapolis offers exceptional business and industry opportunities. Manchester boasts a highly diverse labour pool, including medical, media, creative, digital, food, and financial industries, while also training the brightest minds in a number of world-class educational institutions such as the University of Manchester.
- Transport: Greater Manchester has wonderful transport links, connecting you to the rest of the United Kingdom and beyond. Within the city, people benefit from the well-developed Metrolink tram system that helps you navigate the bustling streets of the megapolis. For a trip across the country, you can hop on a train from one of the main railway stations. In addition, there is also Manchester Airport that offers domestic, European, and international flights.
- Things to do: People that live in Manchester are spoilt with the number of various festivals and events hosted by the city every year. The megapolis is known for its iconic music venues, where Joy Division, The Smiths, and Oasis started their career.
What are the most popular boroughs with new developments in Greater Manchester?
The most popular boroughs in Greater Manchester are those that are close to the city centre.
Some of the most sought-after locations include:
- The City of Manchester: Located right in the heart of Greater Manchester, the world's first Industrial City is populated by more than 550,000 people. The area exhibits a wide array of architectural styles, ranging from Victorian to contemporary architecture. The long list of Manchester landmarks includes Manchester Cathedral, Manchester Arena, and Manchester Town Hall, to name just a few.
- The City of Salford: The second City that lies within Greater Manchester has about half the population of the City of Manchester. Home to the Media City UK, Salford has become a world-renowned media hub, from where BBC broadcasts its programmes.
- Trafford: Steeped in history, the borough is mostly known for accommodating Old Trafford, the home stadium of Manchester United FC that has hosted numerous matches and events throughout its long history. Boasting a strong economy, Trafford has low levels of unemployment and houses both Trafford Park industrial estate and Trafford Centre.
- Bury: Ranging from bustling urban centres to scenic rural areas, the borough offers a wealth of housing options no matter what your preferences are. Additionally, the district is home to the popular Bury Market that attracts visitors from miles around. Apart from retail, Bury is known for its outstanding schools and colleges.
Where to find new developments in Greater Manchester?
Korter helps you find all new developments in Greater Manchester without any hassle, narrowing your search results with a convenient set of filters such as price and location.