The key to successful property investment lies in a number of factors, not least a location that demonstrates a cemented vision for the future. As the population and housing demand grows, so does the strain on our local resources and amenities. So what future offerings does Tameside have in the pipelines to combat this, whilst making for a proven location to invest in for property investors?
Over the past decade, there has been a flurry of activity across the borough when it comes to regenerating its overall image and implementing brand new developments; from residential through to infrastructure.
The last decade saw the Metrolink reach Audenshaw, Droylsden and Ashton-under-Lyne, with MPs and councillors calling for this to stretch further to Stalybridge or form an orbital loop up to Oldham and Rochdale.
Hyde has seen a huge addition of new residential houses, including new-build estates across Hattersley and Newton; whilst Stalybridge has also seen the Summer Quays apartment development in the town centre.
There’s no sign of these developments slowing down in the borough either, with plenty of activity surrounding Tameside’s future regeneration underway.
Concept art of how the new transport interchange will look in Ashton-Under-Lyne.
One of Tameside’s busiest transport hubs is at the heart of Ashton town centre; with trams and buses into Manchester city centre, complete with links into Oldham, Rochdale, Hyde, Stalybridge, Mossley and Stockport. The new interchange will vastly enhance the appearance of the town compared to the old, outdated shelters complete with improved taxi facilities.
Housing development – Former Hartshead School
195 new homes and play spaces have recently been given the go ahead on the former Hartshead School site, also in Ashton-Under-Lyne.
This development faced initial struggles due to the lack of space allocated by developer Taylor Wimpey in regards to green space within the site. Dozens of residents had also voiced their concerns that children would be left with ‘nowhere to kick a ball’, with this area of Tameside being one of the only ones with its own park.
Hattersley Retail Park
In addition to the wealth of new properties cropping up across Hattersley in a bid to totally regenerate the area, a number of high street names are set to open their doors on a brand new retail park in Hattersley, situated off Stockport Road.
Home Bargains, Greggs and Card Factory are just some of the names set to take up the space which is intended to be opened by the end of this year; strengthening the wealth of new houses in the area with new amenities and jobs to go with it.
Tameside Wellness Centre
Opening in the next few weeks, the Tameside Wellness Centre is a new facility just off the M67 in Denton, a short distance from Crown Point North retail park.
The brand new £15 million leisure centre, operated by Active Tameside, features a range of meeting rooms. eight lane 25 metre swimming pool, spa, sauna and steam room, bowling alley and fitness suite. With the population of Tameside growing each year and demand for the area also increasing, such facilities are a much needed addition.
Affordable Care Apartments
Another new addition in Hattersley has been green lit by local councillors, which would see 91 new affordable care apartments open on the site of the former district centre on Hattersley Road East.
Complete with its own beauty salon and cafe, all of the homes within would be built for affordable rent purposes.
The apartment block would be split between 31 two-bed and 60 one-bed flats, and many would be wheelchair accessible.
The mix of homes is designed to cater to ‘independent’ people or couples aged over 55, who are either retired or looking to retire, or to downsize into ‘more modern and flexible housing’ that can adapt to care requirements.
With these investments and pockets of gentrification ongoing, Tameside is on a clear path of sustaining growth and ensuring a future-proofed strategy to create a vibrant borough to bring new residents, workers and tourists alike into the area.
When investing in an area for property, it is key to have a grasp on these investments and to rely confidently on their ability to generate and maintain growth.
Areas with little or no investment will struggle to bring new life and opportunities to them, rendering your chances of success in property investment greatly reduced.
For more information on investing in property in Tameside, give me a call on 07709 505 442.