This city is known for pushing the boundaries of what’s possible. Due Manchester's development over the past decade, the local property market is booming - with investors particularly keen on off-plan luxury apartments in Manchester city centre.
Manchester is connected to major rail stations across the UK, and the development of HS2 will further open up its borders as a commuter city. What’s more, Manchester international airport is currently benefiting from a multi-million-pound investment. Bringing in visitors from across the world, the new and improved airport will serve as a global gateway to UK.
Over the next 10 years, 55,000 new homes are required in Manchester to meet current demand. Completions are falling significantly short of this, meaning there are not enough luxury new build flats in Manchester to house the growing population. As a consequence, off-plan homes in Manchester city centre are growing in popularity.
With huge capital appreciation annually, and projected growth of up to 21.6% over the next four years, the Manchester property market is living up to its “Northern Powerhouse” reputation.
Download your essential free guide to investing in Manchester property. Find out about the growth of the Manchester market, why luxury flats in the city centre are a favourite of investors from around the world, and what makes Manchester off-plan developments so popular.