Manchester is the Place to Invest and the Time is Now !

Right now, Manchester has faster house price growth than most UK cities ‒ rising 5.5% over the last 12 months ‒ and demand for housing in the city is only going to increase as the population grows.

Here's our top 10 reasons to invest in Manchester:

1. Manchester’s property prices are rising quickly Manchester has received considerable investment, making its economy bigger, stronger and more diverse, and property prices are rising in line with this trajectory. Alliance Investments has stated that the city is set to become a separate power-base outside London with a £300m annual budget, while employment keep risings every quarter.

2. The Northern Powerhouse Manchester has become the capital of the massive regional economy dubbed the Northern Powerhouse’ thanks to an improving jobs market and record low mortgage rates. It is one of many Northern cities that are now overtaking the level of growth and sales seen in London and other areas of the UK. The British government is also recognising the huge untapped potential of these cities, pouring £13 billion into transport, £70 million into the Northern Powerhouse Schools Strategy and allocating £3.4 billion in Growth Deals to the Northern Powerhouse.

3. Transport Infrastructure An excellent selection of transport links place Manchester in the perfect location for investors. Victoria Station boasts regular connections to Liverpool, Leeds and Newcastle. In addition, journey times from Manchester Piccadilly to London Euston are only two hours long, and this is set to be cut to an hour with the proposed HS2 extension. The £560 million 'Northern Hub' project will improve the efficiency of Manchester’s existing rail network, while the £800 million airport expansion will bring more jobs to the bustling city. Future investments in Manchester’s transport infrastructure make this the perfect time to invest in the city.

4. High demand for rented accommodation Manchester’s population growth is currently three times the national average and the city is now drawing in an increasing number of young professionals. The housing market has struggled to keep up with this, making the demand for high quality housing in the city centre higher than ever. So, if you want to make the most of low rates, capital growth and rental yield in this buoyant market, now is the time.

5. Booming economy

Greater Manchester’s population of 2.73 million people combined with its growing economy make it the largest economic hub after the capital. With 80 of the FTSE 100 having set up a presence in Manchester, some of the biggest companies in the world are now being drawn in. This combined with growth in the financial services, engineering, media and technology sectors, along with the £650 million Media City Business hub, contribute to a property market that currently outperforms the rest of the UK.

6. Growing demographic of students and young professionals The number of students remaining in Manchester after graduation, and the significant increase in the creative and digital industries, have drawn in an ever-growing demographic of young professionals. In addition, the University of Manchester is one of the world’s top 100 and the city’s five universities attract 95,000 students a year. The impact this has had on the number of young professionals renting homes in the area means that property investment in Manchester has never been so lucrative.

7. Excellent investment opportunity

Manchester has been highlighted as the location with the strongest regional rental investment rating in Britain, thanks to its low rates, capital growth potential and strong yields. With many predicting price increases of 28% between 2017 – 2021, Manchester is quickly establishing itself as the country’s new investment hotspot, especially buy-to-let investors, presenting an alternative for those frustrated with London’s rising costs and shrinking yields.

8. Prime location

Often highlighted as the gateway to the North of England, Manchester has the perfect placement for culture, arts and entertainment. Many of the nation’s best small-name stores, high end restaurants and longstanding museums are in Manchester. The city is also home to world renowned specialist universities, including The Alliance Manchester Business School, pulling in around 95,000 students, eager for a first-class education.

9. Why Property for Financial Freedom ?

Our houses are all tenanted, with high yields, and sold below market value. Demand for rental homes in Manchester is high and set to increase further, with population growth being three times the national average and a growing number of former students choosing to remain in Manchester after graduation. The city is also predicted to have the highest capital growth in the country over the next five years, making Property for Financial Freedom an excellent investment opportunity. As well as the opportunity to purchase Below Market Value houses with high yields, we also have another 2 investment opportunities. Please CONTACT US if interested in future investment deals. Our deals go very very quickly, and in most cases are snapped up before being generally marketed.

10. Ideal for tenants

Our houses are all close to very good transport links, and also close to nearby amenities like shops, restaurants, and schools. There is 4 tenants ready to move in for every house we put on the market, because it is solid rental properties which tick all the boxes. We know the area very well where we have our housing investment opportunities, namely the outskirts of Manchester. Amongst our team, we have a cumulative total of 50 years experience in refurbishing and renting out houses in these areas, and have a solid track record of selling properties to investors.

10. Ideal for tenants

Our houses are all close to very good transport links, and also close to nearby amenities like shops, restaurants, and schools. There is 4 tenants ready to move in for every house we put on the market, because it is solid rental properties which tick all the boxes. We know the area very well where we have our housing investment opportunities, namely the outskirts of Manchester. Amongst our team, we have a cumulative total of 50 years experience in refurbishing and renting out houses in these areas, and have a solid track record of selling properties to investors.

I will tell you exactly why now is the time to invest, just read my recent blog post.