Is lifestyle renting set to take Manchester by storm?
The landscape of Manchester is changing. As young professionals and creatives flock to Manchester to take advantage of the growing media, creative, finance, legal and technological industries, they are being confronted by a property market with soaring house prices and rental costs.
This has led to a new generation of purpose-built rental accommodation to emerge. It is one that values the flexibility, convenience, and quality that twenty, thirty and forty-somethings consider an essential way of life. This could be the start of the creation of a renting lifestyle that mixes living centrally with key demands such as hotel-style facilities and services, high-tech connectivity, co-working amenities and a sociable atmosphere.”
One of a few schemes opening in the coming months is Clippers Quay – the latest offering from Grainger plc – aiming to give its residents just that. Based in Salford Quays, and with prices from £740 per month, it is likely to be one of the most reasonably priced developments in the area. What’s more, Grainger’s expertise as the UK’s largest provider of rental homes, with a firm commitment to great customer service, removes the hassle and worry for residents.
“Properties such as Clippers Quay are truly redefining the way that people rent because they are being built with the renters in mind.”
What is more, is that despite the sensibly priced rents, Clippers Quay doesn’t scrimp on amenities. In fact, to go alongside the state-of-the-art one, two, and three-bedroom apartments, residents will have access to a host of onsite facilities, including a 24-hour gym, cinema room, residents’ lounges, private gardens and a rooftop terrace. The lounges can even be booked privately for residents to host parties. There are also coworking spaces available for ‘work-from-home’ days and meeting rooms for when a little privacy is needed for work.
Anyone who has lived in a city apartment knows that the space isn’t cut out for big dinner parties, something that Grainger has considered at Clippers Quay and has factored in a bookable, dinner-party friendly, private dining room that’s fully fitted with everything you’d need for a successful gathering. The best part? For a small fee, the on-site management team will even clean up after your party, you can truly walk away from your mess.
The price of renting has been in the news a lot recently, with landlords being criticised for taking advantage of high demand by pushing rents up to a point that they are becoming unaffordable for those on an average salary. However, with the cost of a one-bedroom apartment starting at £740, Clippers Quay offers high-quality housing at prices that the majority of Mancunians can actually afford.
We spoke to Nicola Renny, general manager at Clippers Quay, ahead of its opening in October and she is certain that renting is the way forward for the next generation, saying “In my opinion, lifestyle renting is the answer that generation rent is looking for. There’s truly no reason to rent a dingy old flat from a landlord that takes two weeks to answer your emails and ignores your phone calls. Properties such as Clippers Quay are truly redefining the way that people rent because they are being built with the renters in mind. The combination of convenience, flexibility, customer service and quality design is changing the way that people rent”.
Clippers Quay, in particular, seems to provide a fantastic solution for renters. The Salford Quays location is close to the city centre which enables an excellent work-life balance for those working in any of the city’s key business hubs. Plus, if recent trends are anything to go by, renters are staying in properties longer, which makes Grainger’s ‘stay as long as you want’ tenancy plan an appealing option, with the option of signing a lease for up to three years.
With properties such as this coming to the market, renting a home in Manchester could well become a lifestyle choice for Generations X, Y and Z.
For more information, visit clippersquay.co.uk or phone 0161 929 3196