Why Invest

Introducing Buy to Let Property in Manchester

Manchester is one of the UK's largest cities, making it an ideal place to live, work and visit. If you are looking for buy to let property in Manchester, you'll be spoilt for choice. There is a wide range of buy to let investments in Manchester that cater to investors of all preferences.

Greater Manchester's directly elected Mayor has responsibility for a £300m housing investment fund, devolved and consolidated budgets in transport and health and social care, along with key strategic planning powers.

An additional £7 billion of investment was announced to build the Northern Powerhouse. Key aims for the budget will be to better connect the core cities of the North by investing £6 billion.

Funding will also be targeted at the North's strengths in science, with major new science investments, including the new Sir Henry Royce Materials Research Institute based in Manchester.

Between 2014 and 2024, it is forecast that Manchester will have 43,000 net new jobs (a much higher rate of growth than elsewhere in the UK) and contribute  £67 billion to GVA, with key growth sectors including ICT, professional services, scientific and technical activities, accommodation and food, arts employment, creative and digital industries and real estate activities.

Manchester's rise to be a world-leading, modern economy has seen Oxford economists predict that employment growth in the city over the next five years will exceed many international capitals including Paris, Berlin and Tokyo.

Key Stats

Why Choose Buy to Let Property in Manchester

Construction

55,000 New properties needed by 2027 – Only 1,800 a year being built.

Population Growth

Population has grown by 18 000 in just the last 12 months alone.

Rental Market

Manchester is UK’s leading buy to let city, and fastest growing city.

Highest Rental Yields

6% rental yields, far higher than London and the south.

House Prices

House prices are forecasted to exceed 22.8% by 2020.

Airport Access

Easy access to Manchester Airport, the UK’s 3rd busiest airport.

History

Manchester’s prominence dates back to its status as the birthplace of the Industrial Revolution in the early 19th century. Then, many factors came together to propel Manchester to become the pre-eminent city of its time. Here in the early 21st century, there are many parallels that can be made in the city’s transition during the industrial revolution to the world’s leading industrial metropolis and now to a leading 21st-century economy.

Manchester is a city with many impressive statistics to its name. It was the world’s first industrialised city, home to the first public library and birthplace of the world’s first computer. It has the world’s oldest railway station and the oldest professional football league. It is also where scientists first split the atom and has been home to more than 25 Nobel Prize winners. With such a rich history, it's no surprise to see people flocking to the city and why there is incredible demand for buy to let property in Manchester.

Highlights

A Growing City With Great Prospects

  • 1.

    Significant investment is being made across Greater Manchester into all sectors of the economy. Significant infrastructure spending will make Manchester one of Europe’s best-integrated cities with seamless transport solutions for its citizens.

  • 2.

    Funding will also be targeted at the North’s strengths in science, with major new science investments, including the new Sir Henry Royce Materials Research Institute based in Manchester.

  • 3.

    An additional £7 billion of investment was announced to build the Northern Powerhouse. Key aims for the budget will be to better connect the core cities of the North by investing £6 billion.

  • 4.

    Between 2014 and 2024, it is forecast that Manchester will have 43,000 net new jobs (a much higher rate of growth than elsewhere in the UK) and contribute £67 billion to GVA, with key growth sectors including ICT, professional services, scientific and technical activities, accommodation and food, arts employment, creative and digital industries and real estate activities.

  • 5.

    Greater Manchester’s directly elected Mayor has responsibility for a £300m housing investment fund, devolved and consolidated budgets in transport and health and social care, along with key strategic planning powers.

  • 6.

    Manchester’s rise to be a world-leading, modern economy has seen Oxford economists predict that employment growth in the city over the next five years will exceed many international capitals including Paris, Berlin and Tokyo.

  • 7.

    Manchester has been the subject of several large-scale regeneration projects in recent years, including NOMA. Named after the city's geographic location, NOMA was a £800m mixed-use scheme that became one of the North West's largest projects.

Want to Know More?

Download our full investor's guide to Buy to Let Property in Manchester to discover the full opportunity for capital growth, high rental returns and excellent tenant demand.

City Location

Manchester lies in a bowl-shaped land area bordered to the north and east by the Pennines, an upland chain that runs the length of northern England, and to the south by the Cheshire Plain. Manchester is 35.0 miles (56.3 km) north-east of Liverpool and 35.0 miles (56.3 km) north-west of Sheffield, making the city the halfway point between the two.

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Current Developments in Manchester