Manchester presents a fantastic array of opportunities for first-time buyers eager to enter the property market. The city’s extensive regeneration in recent years has significantly increased the demand for new housing and office spaces.
However, this surge in demand has also driven up house prices, with the average property in Manchester costing £265,457 over the past year, according to Rightmove.
For those on a tighter budget, there are still affordable options available in Manchester, ranging from city centre flats to suburban houses. Bridgfords, a well-known estate agency in the region, has identified six top hotspots for first-time buyers.
A local property expert at Bridgfords commented: “Manchester’s diverse and dynamic property market offers a range of possibilities for first-time buyers looking to embark on their homeownership journey.
“From the trendy streets of Ancoats to the family-friendly neighbourhoods of Levenshulme, there is a wealth of options to explore in this vibrant city. Whether you seek urban excitement or suburban tranquillity, the key is to consider your priorities and budget in conjunction with the potential for long-term growth and stability in these prime Manchester locations.
“For those eager to make their mark on this thriving city, several areas stand out as ideal locations that offer a blend of affordability, convenience, and potential for long-term value appreciation. Let’s explore some of the best places for first-time buyers to consider in Manchester.”
Ancoats
Once the industrial heart of Manchester, Ancoats has transformed into a vibrant and trendy neighbourhood. It features stylish apartments and warehouse conversions, attracting young professionals and creatives. With excellent transport links and a thriving food scene, Ancoats is a sought-after location for first-time buyers. The average property price here is £288,961, slightly higher than Manchester’s average, but it’s a great investment area.
Ardwick
Located just east of Manchester city centre, Ardwick is a neighbourhood on the rise, offering a mix of Victorian terraced houses and modern developments. Its regeneration efforts have made it increasingly popular among first-time buyers looking for affordable properties close to the city’s amenities and job opportunities. The average property price in Ardwick is £262,086.
Cheetham Hill
This diverse neighbourhood, situated north of the city centre, offers a range of housing options at more affordable prices, with an average house price of £208,783. Cheetham Hill’s proximity to the city centre and excellent amenities, including schools, shopping centres, and green spaces, make it an attractive choice for first-time buyers.
Levenshulme
Known for its vibrant high street and cultural diversity, Levenshulme is a lively neighbourhood that appeals to first-time buyers seeking an affordable and dynamic place to live. The area features Victorian terraces and local amenities, including independent shops, cafes, and parks. The average property price in Levenshulme is £250,678.
Longsight
Located south of Manchester city centre, Longsight offers a mix of traditional terraced houses and modern developments. Its affordability, coupled with proximity to educational institutions, healthcare facilities, and transport links, makes it an attractive choice for first-time buyers. The average house price in Longsight is £195,770, making it more affordable than the city centre.
New Islington
This residential area provides a peaceful retreat from the city’s hustle and bustle. With tree-lined streets, parks, and local amenities, New Islington offers a tranquil setting for first-time buyers seeking a balance between urban convenience and suburban peace. The average house price here is £301,377, but it’s a worthwhile investment for those who can afford it.
