King’s Cross has come a long way in the last decade. Projects here centring around creating new transport links, infrastructure and homes have created a thriving, world-class neighbourhood, which has enjoyed the property values to match.
Now a decade since the area was first reshaped, we can see the impact this has had on this part of the capital. King’s Cross St Pancras is no longer just a major rail hub, but features 1,120 new homes and an additional 623 currently under construction. There are now sophisticated shops, bars and restaurants; impressive architecture; restored heritage buildings; and well-used public parks.
With this improved liveability, the property market in King’s Cross and the surrounding area has taken off. The rental market has been thriving with demand increasing, particularly among professionals. This growth has also led to increasing house and rent prices.
High-Speed 2 on track to revitalise Manchester
A new HS2 line will feed into Manchester’s Piccadilly train station. This new high-speed service is expected to create better links between key cities across the UK, increase passenger capacity, and cut travel times. Journey times between Manchester and London will decrease to only 63 minutes.
As a part of the HS2 Regeneration Masterplan, Manchester Piccadilly and the surrounding area is set to become the King’s Cross of the North. The major redevelopment plans aim to transform the existing underused industrial sites surrounding the station into a mixed-use community hub with excellent transport links. The first stages of construction for the station are predicted to start in 2025. Current plans for HS2 would see the new station open between 2035 and 2040.
Impact on Central Manchester
Regeneration plans for the area surrounding Piccadilly station will capitalise on the connectivity that HS2 is going to deliver and provide an impactful arrival for those entering the city through the station – much like King’s Cross has achieved over the last ten years.
The masterplan will create a distinct new neighbourhood, Piccadilly Central, which will rival London’s vibrant Shoreditch district. The area will provide public squares, community spaces, retail space and excellent pedestrian connections. Additionally, the neighbourhood will bring opportunities to provide much-needed new housing and employment spaces, which will make it an exciting area to live, work and invest in.
Property developer Salboy is a significant part of the exciting revival of Piccadilly Central. Its latest residential development, Victoria House is situated in the heart of the neighbourhood. Residents of these high-quality one-, two-, and three-bedroom apartments will benefit from the area’s central location, ongoing regeneration and strong transport links.
View on Instagram
If you are interested in investing in Piccadilly Central and Victoria House, you can meet the Salboy team at an upcoming event in London in November. For more information on this event, contact the Salboy team today on 0161 884 3183 or email info@salboy.co.uk.
