Neighbourhood Watch: Deansgate, Manchester  

Neighbourhood Watch: Deansgate, Manchester  

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Deansgate, Manchester

The epicentre for Manchester’s creativity, Deansgate combines a rich history of culture dating back as far as the Roman Empire. Home to the towering Hilton Hotel, the stunning John Rylands Library and Deansgate Locks, Deansgate is a hotspot for Manchester’s nightlife.

Transport

Deansgate Railway Station

Boasting its own train station by Deansgate Locks, the trendy neighbourhood is well connected to Manchester’s city centre. In addition, the tram system is on hand to commute conveniently around the city.

Nightlife

Living Room

Home to some of Manchester’s trendiest bars, Deansgate has a thriving night scene. From the original Living Room and La Tasca, Deansgate has an array of cocktail bars, traditional pubs, wine lounges, TIKI dives and rock clubs.

Cuisine

The Botanist

A popular area for young professionals, Deansgate has an array of restaurants, cafes and bars to appease the local community and tourists. Among the fantastic offerings of eateries, The Botanist is revered for its eclectic gluten-free friendly menu and Australasia’s exotic atmosphere.

Retail

The Great Northern, Manchester

A short walk from Oxford Road, shopping is a highlight for many a Mancunian. A popular shopping hotspot in Deansgate is Shopping Complex, The Great Northern. Built by Great Northern Railway between 1896-1899, it is 267 ft long, 217 ft wide, 75 ft and 5 storeys high. Encompassing restaurants, entertainment, gyms and shopping, The Great Northern is a powerhouse in Manchester’s booming economy.

Final Note

Deansgate stands as a hotspot for Manchester’s economy. The large numbers of students and young professionals make the neighbourhood a fantastic opportunity for hotel, residential, student and commercial property.

Ready to see Manchester properties? Email us at info@tarquinjones.com for more details.

 

info@tarquinjones.comNeighbourhood Watch: Deansgate, Manchester  
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The rise of the DINK

The rise of the DINK

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In 2019, there are more child free adults than ever before. While, for those born in 1946, only 9% had no children at the age of 45, whereas for women born in 1970, this figure has risen to 17%. A US study discovered that 1 in 5 women enter menopause without children. Additionally, birth rates among women in their twenties declined by 15% between 2007 and 2012.

The reasons why so many couples adopt a Dual Income, No Kids lifestyle, commonly known as DINK, is varied. For some the financial burden of raising a child is more trouble than its deemed worth and for others, it means sacrifices to lifestyle and career aspirations. Without the responsibility of children to cater to, the rise of DINK, the demands for property are not what they were for young professionals of Baby Boomers and Generation X.

What DINK mean for the property market?

Imperial Square, Luton

ONS figures showed that in 2017 the proportion of women never having children has doubled in generation.

Leisure & Amenity

Infinity Towers, Liverpool

Young professionals today are interested the trendy new neighbourhoods. Without the pressure to consider a property’s proximity to schools and day-care the focus for many tenants now is convenience. After working all day, and in some instances earning from a second job, the Millennial generation are interested in homes which offer closeness to shops and travel links.

Work Life Balance

The Tannery, London

In 2019, the UK is more career driven than ever before. A booming economy mixed with the impending launch of HS2 and mass regeneration schemes, means over 250,000 jobs are being launched in the UK by 2030. As a result of this, generation rent is drawn to city centre properties to stay in the heart of their working life.

Student Housing Demand

Marvel House, Plymouth

In 2018, 2.3 million students were recorded to be in higher education. Entrepreneur reported that 24% intend for pay for higher education via savings and 38% plan to work during their university studies. Higher education is at an all time high since the launch of the postgraduate government student loan. As more students stay in education for longer to gain qualifications such as an MBA and PhD, often via part-time study, instead of starting families the demand for student housing will increase.

Luxury Lifestyles

Hadrian’s Tower, Newcastle

Without adhering to the practicalities of raising children, tenants are desiring homes to suit their personalities and lifestyles. For example, 2019 saw an increase in properties with pools and audio door entry systems. Favouring state-of-the-art design specifications including private lounges, the demand for luxury property is increasing across the country.

Travel Pursuits

Epic Hotel, Liverpool

A chief reason, many adopt a DINK lifestyle is the sizeable disposable income, which can be used for travel. The rise of the staycation, has seen a dramatic increase in domestic holidays. As cities within the Northern Powerhouse gain regeneration, the rise in UK’s tourism to serene areas will benefit from the child-free movement.

Entrepreneurship

The Bridge, Kirkcaldy

Among Generation Z, working to suit your lifestyle is a priority. Entrepreneur announced 41% of Generation Z intend to start their own businesses instead of continuing the Millennial trend of side jobs. The rise is e-learning opportunities focusing on creative arts and business is predicted to be worth four times more than the higher education market. As a result of this, the demand for office space will increase.

Old Age

Bryn Illtyd Ltd, Wales

Without the comfort of having children to take care of them in old age, DINK jetsetters will be desiring Care Homes in the future.

Final Note

As the economic climate changes, the demands for property respectively alters. With more favouring an enjoyable lifestyle and the financial benefits that come along, the demand for family friendly property has seen a sharp reduction.

 

 

info@tarquinjones.comThe rise of the DINK
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