Manchester is a city that is constantly evolving, with a rich tapestry of neighbourhoods each offering unique character and potential for growth. While some areas are well-known and frequently sought after, others remain hidden gems that are ripe for investment. Here’s a guide to some of Manchester’s best-kept secret neighbourhoods worth considering for property investment, with insights from TK Property Group.
Levenshulme
Levenshulme, affectionately known as “Levy,” is a vibrant and diverse neighbourhood located to the south of Manchester city centre. Historically an industrial area, it has transformed into a lively community with a strong sense of identity.
- Community Spirit: Levenshulme boasts a strong community vibe with numerous local events, markets, and festivals that bring residents together.
- Affordable Housing: Property prices in Levenshulme are more affordable compared to nearby areas like Didsbury and Chorlton, offering great potential for capital appreciation.
- Transport Links: Excellent transport connections, including frequent trains and buses to the city centre, make it an attractive location for commuters.
Ancoats
Ancoats, once known as the industrial heart of Manchester, has undergone significant regeneration and is now one of the city’s most exciting up-and-coming areas. Its blend of historic buildings and modern developments creates a unique urban landscape.
- Cultural Hub: Ancoats is home to a burgeoning arts scene, with galleries, studios, and performance spaces. It’s also known for its trendy cafes and restaurants.
- Regeneration Projects: Ongoing development projects continue to enhance the area’s infrastructure and amenities, driving property values up.
- Heritage and Modernity: The mix of historic architecture and contemporary living spaces attracts a diverse range of residents, from young professionals to families.
Whalley Range
Whalley Range is a leafy suburb located just southwest of Manchester city centre. Known for its Victorian and Edwardian houses, it offers a serene residential environment close to the city.
- Green Spaces: The area is blessed with numerous parks and green spaces, such as Alexandra Park, making it ideal for families.
- Diverse Housing Stock: Whalley Range offers a variety of property types, from grand Victorian houses to modern apartments, catering to different investment budgets.
- Strong Community: The suburb has a strong community spirit with active local groups and community events.
Hulme
Hulme is an inner-city area that has seen extensive redevelopment over the past two decades. Once known for its social housing estates, it has been transformed into a vibrant neighbourhood with modern housing and community amenities.
- Proximity to City Centre: Hulme is just a short walk from Manchester city centre, making it highly convenient for city workers.
- University Influence: Its proximity to the University of Manchester and Manchester Metropolitan University makes it popular with students and university staff.
- Affordable Prices: Property prices in Hulme are still relatively affordable compared to other central areas, offering good potential for growth.
Moston
Moston, located to the northeast of Manchester city centre, is a lesser-known suburb that offers a quiet, family-friendly environment with excellent transport links to the city.
- Transport Links: Moston is well-connected by road and rail, providing easy access to the city centre and surrounding areas.
- Community Facilities: The area offers a range of amenities, including schools, parks, and local shops, making it attractive for families.
- Affordable Housing: Property prices in Moston are lower than in many other Manchester suburbs, presenting opportunities for first-time buyers and investors.
Gorton
Gorton, situated to the southeast of Manchester, is an area with a rich history and significant redevelopment potential. Known for its iconic Belle Vue area, Gorton is gradually becoming a desirable place to live.
- Regeneration Projects: Significant investment in housing and infrastructure is transforming Gorton, enhancing its appeal.
- Historical Significance: The area is home to historic landmarks such as Gorton Monastery, which adds cultural value.
- Growing Popularity: As more people discover Gorton’s potential, property values are expected to rise, making it a smart investment choice.
Longsight
Longsight is a multicultural area located just south of the city centre. Known for its bustling markets and vibrant community, it offers a lively atmosphere and affordable housing options.
- Cultural Diversity: Longsight’s rich cultural mix makes it a unique and dynamic place to live, attracting a diverse range of residents.
- Affordable Properties: The area offers some of the most affordable properties in Manchester, providing excellent opportunities for investment.
- Local Amenities: Longsight Market, local shops, and eateries provide residents with everything they need within easy reach.
