Potential Rental Yields
Manchester boasts a strong rental market driven by a growing student population and a surge in young professionals. Many new developments offer modern, high-quality apartments, allowing investors to capitalise on steady rental income.
Capital Gains
Manchester’s property market has consistently shown strong growth. Property values are expected to rise as the city continues to attract businesses and talent. Investing in new developments can offer significant capital appreciation over time.
According to Savills, prices in Manchester and the North West overall are expected to rise by 29.4% by 2029 – the highest amount of any UK region.
Growing City
Manchester’s economy is thriving, with a diverse range of industries contributing to its growth. This economic dynamism attracts people from all over the world, fuelling demand for housing and driving up property prices.
Ongoing Regeneration Projects
Manchester is undergoing extensive regeneration projects, transforming the city’s landscape and creating new opportunities for investors. These projects are breathing new life into neighbourhoods, improving infrastructure, and enhancing the overall quality of life.
This includes the £1 billion second phase of MediaCityUK, which will double the size of the booming mixed-use complex, already home to thousands of residents. This next stage is expected to deliver thousands more homes and commercial office space within attractively landscaped neighbourhoods and an enhanced waterfront setting.
By investing in Manchester’s new developments, you can benefit from strong rental yields, potential capital appreciation, and the city’s long-term growth prospects.