Read About the Five Main Reasons to Invest in Manchester Below:
Reason 1 – A High-Performing Property Market
The Manchester property market is booming, displaying signs of even further growth on a global scale.
Just one look at the investment opportunities Manchester offers, and the appeal of buy to let investment in this city becomes even more apparent.
Affordable yet growing property prices and high housing market demand have all put the North West’s top city in the spotlight compared to other cities for UK property investments.
Manchester is your go-to city when it comes to buy to let investments within a top UK housing market.
When compared to other UK areas, particularly London, Manchester property prices are highly affordable.
While not as affordable as their Northern neighbour, Liverpool, which has an average property price of £164,550, Manchester has average house prices of just £203,835, according to the latest Land Registry House Price Index report.
London’s average is more than double this figure, standing at £525,893.
Investors who want to own a lucrative property without spending above their budget will often invest in Manchester due to the affordable prices and fantastic opportunities on offer.