Interviewing Michael Temchin (Head of Sales at Properties of the World)

Manchester Blog
Aug
12

We interviewed Michael after his return from a successful Manchester business trip. Alongside taking in the current property offering around the city centre, he visited a number of exciting development sites and learned more about a residential project which is being run by one of the developers that we work very closely with.

Interviewing Michael Temchin (Head of Sales at Properties of the World)

Manchester Blog

What stood out to you during your trip to Manchester?

Firstly, the fast rate of growth of the city; I lived in Manchester years ago before all the regeneration had kicked off. Fast forward to this present day and must say, I have been amazed at how quickly the city has and is changing over the period of just two years. A particular investment focus has been placed on Media City, Deansgate and St Peter’s Square, as well as on the development of the Metrolink line.

What stood out to me about the new development site itself is that it is very conveniently located not too far from Media City and Manchester city centre. It is also very spacious and on the banks of the wide and beautiful River Irwell.

Manchester Blog

We visited the developments of the same developer in Manchester, which are also located near Manchester Waters. Back in 2015/16 we sold a number of apartments – today, (despite just how much trust we have built with them), it is still hard not to be amazed at how quickly the developments have been completed, which gives me extra confidence that Manchester Waters will be built on time and will be of a high quality.

Manchester Blog

Was the development conveniently located?

Yes, the location was quite central; being only a 10 minute walk away from Media City and a 15 minute drive to both Manchester city centre and Salford. I must also add that taxis are always on hand and are very affordable.

Manchester Blog

What were your thoughts of Knight Knox, the main agent of the establishment? I am aware that you have a close working relationship with them.

Yes, we have been working with them for over three years and we have continuously been selling in partnership with them – they are very reliable. They work with only two high quality developers who find great locations, build with quality, stick to schedules and offer reasonable prices with favourable financial terms.

Manchester Blog
Manchester Blog
Manchester Blog

Overall, how do you feel about the investment opportunity in Manchester?

Even if the buildings continue increasing at the same pace for the next five years, today’s demand would not be met. Manchester is growing rapidly and is one of the top 10 places Londoners are moving to, with over 4,000 Londoners alone relocating here in 2016. For this reason, I feel very positive about the investment opportunity there.
We currently have a selection of brand new investment opportunities in the Manchester and Salford areas. To find out how you can get involved, contact us now at info@propertiesoftheworld.co.uk or call +44(0)20 7624 5555

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