Why Invest
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 Manchester buy to let investments 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
55,000 New properties needed by 2027 – Only 1,800 a year being built.
Population has grown by 18 000 in just the last 12 months alone.
Manchester is UK’s leading buy to let city, and fastest growing city.
6% rental yields, far higher than London and the south.
Rent prices are forecasted to grow 17% by 2025.
Easy access to Manchester Airport, the UK’s 3rd busiest airport.
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 Manchester buy to let investments.
Highlights
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.
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.
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.
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.
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.
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.
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.
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.
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.
Find Out MoreI recently exchanged contracts on my first purchase – and Jay Kang has been instrumental and absolutely brilliant throughout. Having been monitoring the property market for the best part of 18 months I finally decided to take the plunge.
To top it all off – the deal he secured for me was definitely an excellent one as well. As a first time buyer the entire process can seem a little daunting at first – but Jay was always there to provide a helping hand. Guiding me through the entire process and helping me chase up the solicitors as well.
Ricky at TK Property Group has been absolutely brilliant with our search for and purchase of investment properties. He’s really responsive, efficient, professional and great to work with.
Thoroughly recommended.
If only all companies were like this to deal with!
Couldn’t have been more happy with the service I have received from TKPG so far. From initial information regarding property options, dealing with queries, sorting out individual circumstances with the sellers solicitors, advice, support and pretty much anything else I needed to email about!
Ricky has been fantastic in every regard, and has made the whole process as stress-free as possible. Now it’s just a case of waiting for the construction to complete and move in – the most exciting part! Thank you TKPG and especially Ricky. I shall continue to recommend you to friends and family!
I had a great experience working with tk property group very helpful polite. When i need any help they help.Reliable and honest.
First-time buyer: Off-plan property
This is my first time purchasing a property. I dealt with Ricky who was incredibly helpful. Despite my messy schedule, he was always available to answer my queries. He is very competent in all aspects of his job role and was promptly available to address any of my concerns. I recommend working with Ricky from TK Property Group. Thank you for making this nerve wracking experience a pleasant one!
Great customer service and support
Have been working with Ricky Murphy for several months across various projects. From day one he has been professional, courteous, and transparent. Would recommend TKPG to anyone looking at either residential or investment properties.
Dealt with John Rourke, excellent service and guided me right through each stage of the process.
Great effort and time spent meeting John on site to view the property at a weekend. Would highly recommend him, was always on hand and keeping in touch and I got a great deal too!
Great service
From start to finish of my investment purchase I received a first class service from Ricky who constantly updated me throughout and got me a great property. I’ll be speaking with him again early next year when expanding my portfolio further!