Why invest in Manchester?
Manchester
Manchester is now established as the UK’s second financial capital, which has shown a rapid increase in the average household income creating demand for high-end residential developments in prime locations.
Bursting with character
Youthful
Energetic
Diverse
Manchester is one of the most exciting places to visit and live in the UK.
Known throughout the world as the birthplace of the Industrial Revolution, Manchester has a proud history in science, politics, music, arts and sport. Today the metropolis combines this heritage with a progressive vision to be a city that delivers surprise and delight in equal measures.
Situated in the North-West of England, Manchester is the second largest city in the UK, and the sixth largest city in Europe. Recent years have seen a dramatic growth in Manchester’s fortunes where urban redevelopment and increased economic prosperity has led to a population boom where today Manchester is one of the fastest growing urban areas in the United Kingdom with a population of more than half a million.
Key Highlights when Investing in Manchester:
Highest Rental Yields
Manchester has the highest rental yields in the UK – 7-8%
House Prices
House prices are forecasted to exceed 26% by 2020
Airport Transformation
Manchester Airport is set to be extended with a £1 Billion budget
Supply & Demand
Demand is far outstripping supply in both the sales and rental markets
High Speed Rail
£14 Billion HS2 High Speed rail taking you from Manchester to London in 1 hour
Retail Revenue
Manchester generates over £920 million in retail a year
Construction
55,000 New properties needed by 2027 - Only 3,000 a year being built
Foreign Investors
Sheikh Mansour bin Zayed Al Nahyan investing £1 billion in the City’s regeneration
Rental Market
Average home is rented within 72 hours of being on the Market
The City
Thousands of tourists flock to this vibrant destination each year to experience a city that is jam-packed with unique bars and restaurants, shops, museums, galleries to be explored on foot or bike.
The Entertainment
Known as the mecca of football, the city is home to two internationally successful football clubs, a world class orchestra, a film and TV production industry and a rich pop and dance music heritage.
The Universities
An ever-growing population in a city with rich heritage and culture, booming with Universities, Manchester is quickly becoming one of the most popular property investment hotspots in the UK outside of London.
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