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Why are London’s Docklands and Manchester’s Salford Quays some of the most sought after residential areas in the UK?

London’s Docklands is known as one of the country’s biggest regeneration success stories since the Government invested in the area in the 80s.

Although Canary Wharf is usually associated with banks and some of the biggest professional services institutions in the world, Docklands continues to be mostly a residential area. In fact, even though Canary Wharf started as an office zone, about two thirds of Canary Wharf’s new district is set to be residential.

Manhattan Plaza and Horizons Tower are some of the most spectacular developments in the heart of Docklands. Both already landmark buildings thanks to their innate urban chic and exquisite design, the developments boast apartments ranging from studio to top-floor, three-bedroom penthouses.

Manhattan Plaza and Horizons Tower aren’t just regular developments,” says Stan Tonchev, Associated Director at Kingsley Hamilton Estates, “they represent what we like to call a Canary Wharf state of mind, truly unique lifestyle, and are a striking addition to the London skyline.”

But London is not the only place revived through waterside homes. Just over 200 miles from London, another city is growing faster than any other city in the UK – Manchester. According to recent reports, more than 4,000 jobs in media and technology are to be created in the next 10 years. Combined with the BBC’s decision to move many of its jobs to Salford Quays, MediaCity opening, and its growing economy, Manchester is expected to add £1 billion to the regional economy. Hometrack predicts that the house prices will go up 28.2 per cent by 2021.

Located on the waterfront within the famous MediaCityUK site, X1 Media City comprises four towers designed to bring high-quality living to Salford Quays. “X1 Media City is ‘the’ investment development that’s changing the city skyline. The four iconic towers are home to a stunning range of one, two and three bedroom apartments, and penthouses.

And the local area offers everything a tenant could ask for – beautiful, riverside views, great selection of shops, bars and restaurants as well as cultural highlights such as the Lowry Theatre and the Imperial War Museum North. The area is understandably known as one of the UK’s buy-to-let hotspots,” says New Homes (Kingsley Hamilton Estates) manager Jason Pyne.

Both London’s Docklands and Manchester’s waterside regeneration continue to redefine both cities in terms of jobs and homes. Looking for a property in Manchester or London? Get in touch with our team today on 020 7078 0214 or email info@kh-estates.com