Manchester is the fastest growing city outside the capital hosting some of the UK’s largest regeneration projects, a huge student population and a strong demand for city centre living.
At nearly seven percent, the city boasts of some of the highest rental yields compared to anywhere else in the UK making it one of the top investment destinations for buy-to-let properties.
Home to world-class universities like University of Manchester, Manchester Metropolitan University, University of Salford to name a few, Manchester has the largest student population with a graduate retention rate of more than 50 percent.
Due to new students arriving year on year, there is virtually no shortage of tenants for landlords to choose from, making student accommodation a highly profitable investment sector.
The city has also seen the highest rate of job creation in the country, with the number of new jobs growing by 84 percent between 1999 and 2015 giving young professionals the freedom and opportunity to experience urban living at an affordable cost.
Benefitting from the recent £1bn investment as part of the Government’s Northern Powerhouse Initiative, Manchester is proving itself to be a vibrant, forward thinking metropolis with the most attractive city centre investment market in Britain.
Leading property developer, Alliance Investments rates Manchester as its No. 1 prospect for residential price growth over the next five years.
Ronald Garrett, Global Sales Director of Alliance Investments said “City centre living has gained a strong momentum in Manchester over the last few years and, together with an active student market, Alliance has strategically developed properties and student accommodation schemes to suit investors of every type.”
To choose from a wide range of luxury property developments with guaranteed rental returns, visit www.alliance-investments.com, call +(44) 0161 416 6244 or email us and one of our Manchester property consultants will assist you to find the best property investment in Manchester based on your investment portfolio and needs.