Investment property Manchester

Manchester is the third biggest city in the UK and with a total population in Greater Manchester of 2,682,500 there’s always strong housing demand from both homeowners and tenants.

The average house price in Manchester is £136,800.  The city has seen property values grow on average by around £13,000 over the six years since the recovery started in 2009.

Demand for accommodation is also very high thanks to a number of leading higher education establishments like The University of Manchester, Manchester Metropolitan University and Royal Northern College of Music.

manchester salford quaysAnd there’s accommodation for all needs and budgets; young professionals often seek the city experience but without the price tag, and head to the outskirts, whilst others may be looking for more central accommodation and are attracted to the buzz and convenience of city-centre living.

Depending on your requirements there are many superb rental yields and lower priced properties from two up two down terraces in the East of the city to new, ultra-modern high-spec city centre apartments.

One of the key factors to consider that makes Manchester a superb area for buy-to-let is the price of the properties in some zones in Greater Manchester. This coupled with the rental prices across the area produces an excellent yield for investors.

An article in the The Telegraph recently quoted yields from figures provided by HSBC in cities outside of London with Manchester taking second place with 7.98%.

Benjamin Disraeli argued that “what Manchester does today, the rest of the world does tomorrow.”

So why is Manchester special:

Host of the the 2002 Commonwealth Games, the city is home to one of the world’s most famous football clubs – Manchester United, as well as top Premier League club Manchester City.

It’s one of Britain’s most popular shopping destinations, a paradise for shoppers on any budget. High end shoppers head to a number of shops including Selfridges or the famous Trafford Centre

There’s an eclectic mix of architecture – its ultra-modern buildings share the skyline with striking neo-Gothic structures like the Town Hall.

The city’s excellent transport structure and surrounding road network is vast, the Oxford Road corridor is the busiest bus route in Europe – perfect for commuters.

Why invest in the North West? – Robin Pilley

So how do I get into this market?

The team at CXG Invest are ready to discuss your individual needs.

We have a range of commercial and residential investment opportunities for sale in Manchester to discuss with you, and if you have a specific location in mind we will work with our developers to source you the best property for your requirements.

Please contact us today on 01440 784159, email or click the button below and see how we can help find you the perfect property investment opportunity.
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Opportunities in this area

Adelphi Wharf, Manchester | Phase 3 Development

Adelphi Wharf Exterior

The eagerly anticipated third phase of the award-winning Adelphi Wharf development has arrived. Located in a buy-to-let property hotspot, the ever-popular city of Salford, Adelphi Wharf Phase 3 follows on from the tremendous success of the first two phases, both of which are sold out and in construction. Investors were understandably enamoured with the development’s […]

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King Street, Manchester |1, 2 and 3 Bedroom Apartments

King Street sits at the junction of Union Street, within the education quarter of Oldham town centre.  With a multicultural population of around 100,000 people, Oldham is a town primed to serve its residents.  The town centre boasts an array of large high street retailers, with many housed within the Spindles Town Square Shopping Centre. […]

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Hall Lane, Manchester | 1 & 2 Bedroom Apartments

Property Investment Manchester For those looking to embrace the buzz of the cosmopolitan culture within Manchester, Hall Lane in Baguley is in an ideal location.  Just 7 miles south of Manchester City Centre, and with the M56 motorway and the new Metrolink station both less than a mile away, these apartments are a commuter’s dream. […]

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