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Investing In Manchester Property
Offering a growing business scene, thriving student population, vibrant culture and exciting prospects; Manchester is the ultimate place to live, work and invest. There are so many reasons why this northern city is considered a top UK property investment location. Those interested in Manchester property investment can expect some of the most impressive rental yields throughout the whole of the UK. Also, expect affordable property prices and fantastic prospects when it comes to capital growth. Manchester is home to some of the most prestigious universities and big names in the business scene, along with boasting some of the highest student retention rates in the country. Pair this with the fact that more people are moving up to Manchester from London in recent years, it is clear why there’s such a high demand for quality property in the city.
It is evident from the Manchester skyline that the region’s property market is booming. Throughout recent years, Manchester has evolved into one of the best digital and technology sectors in Europe. This is why large companies such as the Co-Op Group, BBC and Kellogg’s all reside here. Almost 70% of the employment in the city centre region is in the knowledge-intensive industries, which makes it particularly accessible for young professionals looking for opportunity. Manchester has multiple expanding regeneration schemes throughout the city which have allowed people to see the real beauty in places that were once forgotten about.
The city as a whole is on the rise, and the time to invest in Manchester has never been better.
There is a social scene full of start-up entrepreneurs, founders and dreamers all hoping for a shot at the success. However, while the opportunity is vast, and there are world-class leisure facilities available, property prices are still low. As Manchester climbs up the table in terms of places to live and work, rental prices are increasing. This means any investor who takes the plunge now would see high rental yields and capital appreciation in years to come.
As well as accessible transport links to different cities across the country, Manchester also offers a range of new bars, restaurants and shops that residents can enjoy. These are often considered one of the top reasons why people are deciding to stay in Manchester. Not only this, but universities in Manchester take on more students every year. As they then finish their studies and become graduates, they stay in Manchester to progress their career. The increasing number of fresh-faced professionals entering the Manchester scene every year continues to expand the already prosperous economy.
Investors will find that Manchester is a place of wealth, culture and history that has a consistent demand for new properties and developments in the city centre and the outskirts. Consequently, as a Manchester property investor, you are sure to be successful.
In our Manchester property investment guide, you’ll find out more facts and figures about the property market in the city, along with information on regeneration projects and the overall economy. If you’re keen to find out more about buy to let investment in Manchester, be sure to read our up to date buy to let news.