Why China loves Manchester


Manchester, the UK’s fastest growing economy outside of London, offers a wealth of opportunities for Chinese investors on a variety of levels, proving once again that a city can most certainly re-invent itself.

Manchester, in recent years, has been a city on the rise. The birthplace of the industrial revolution turned centre for digital innovation has invested heavily in its future. And it’s paying off, especially in the form of special attention from Asian investors.

Commitment to China

Over recent years, significant investments have been made from China into Manchester. To date, 39 Chinese companies are operating across Manchester, all being a strong incentive to create the Manchester China Forum. This forum was launched by the UK finance minister in April 2013 to further relationships between China and the UK.

The Manchester China Forum aims to achieve a series of goals, including:

  • Support the growth of Manchester’s exports to China
  • Increase in-bound investment into Manchester from Chinese companies
  • Grow inward tourism from Chinese visitors
  • Increase Chinese student numbers and retention in Greater Manchester’s universities
  • Secure direct air routes between Manchester and China

Chinese Community

Manchester is home to the second biggest Chinatown in the UK and the third largest in Europe. In recognition of the big Chinese community living in Manchester, the Consulate General for the People’s Republic of China was established in Manchester in the 1980s, providing a range of services and support for Chinese national in the UK.

The Northern Powerhouse

Manchester is the secret capital of the Northern Powerhouse, an impressive strategy to boost the productivity of England’s North and build a counterpart to London’s overpriced economy. And the Chancellor’s plan to build a force that can counteract that of London is starting to work, with 65% of FTSE 100 companies already having a base in Manchester.

The figures are on a constant rise, the North – and especially Manchester – are becoming more and more popular with institutional and private investors alike. With investment increasing drastically in the region, its cities will grow even more, leading once again to more investment.

Rise in Stamp Duty

The new rules, announced by George Osborne in the most recent Budget 2016, have come into effect earlier this month. From April 1, an extra 3% surcharge will be added on top of the Stamp Duty Land Tax for anyone buying a second home in the UK.

For any savvy investor, buying the right property quickly becomes a numbers game and with prices in the North being generally a lot lower than down South, Manchester turns out to be even more attractive. Adding the recent stamp duty developments on top of the already existing upwards trend, the North’s USP is easy to name: it’s lucrative yields.

London of the North

Manchester, now even more so than it already was, is becoming a multicultural city. The city is already massively celebrating big Chinese holidays, such as Chinese New Year, as well as being home to more than 30,000 Chinese students.

Now however, Chinese investors are not only buying Manchester, these days they are building it as well.

The Beijing Engineering Construction Group is investing £800m in Manchester Airport City, including a hub for other Chinese firms to set up. Chinese President Xi Jinping visited the site, which will use street names in Mandarin and English, last year in person.

It is milestone moments like the president visiting Manchester that give the 300,000 middle-class Chinese, who have got money to spend, the confidence to invest in Manchester.

They might never hop on a plane to explore what’s on offer in person, but they will definitely come to love the benefits they will get from investing in this amazing city of growth.

Highgrove Mews

High Net Yield Freehold Houses

  • Commutable to London (27 mins to central Paddington station)
  • Rental demand extremely strong with large industry presence in Reading
  • Freehold with 4% net yield

£284,955 - £457,000

St Petersgate – Stockport Manchester

New Launch - Stockport Manchester, apartments from £160,000

  • Discounted launch prices from £160,000
  • Excellent transport links with 3 trains per hour to London Euston and only 9 mins journey to Manchester Piccadilly
  • Experienced development team

Assured Rent Housing Association Leases

Assured Rent Housing Association Leases

  • Assured rent & no rental voids
  • Tenant damage cover & newly refurbished inline with requirements of a corporate sitting tenant
  • Free property and lettings management

From £62,000

Emerging Birmingham Commuter Town With Properties From Just £104,000

The emerging Birmingham commuter town where properties are selling in an average of just 24 days

  • A collection of 62 two bedroom apartments and 28 one bedroom apartments.
  • DE14 is one of the fastest selling postcodes in the West Midlands.
  • 23 minute train journey into Birmingham New Street Station.

Properties from £104,000

Mill, Stockport

The Northwest's emerging property hotspot

  • Discounted off-plan 2-bed prices from £162,000
  • Completion date - Q4 2021
  • Rental yields - 6% plus

Discounted off-plan 2-bed prices from £162,000

South Central – Birmingham City Centre Apartments

Highly anticipated 28 storey launch in Birmingham City Centre with an impressive roof garden and communal facilities.

  • 154 units across 28 storeys
  • Residential multi-media community room, gym, roof garden and sky cinema
  • Excellent future connectivity via the metro system to other key transport hubs and locations around the city

from £205,800


Talk to us

Speak to our UK property experts today: 

+44 (0) 333 123 0320

Open from 9am-6pm GMT

+852 9865 4446

Open from 9am-6pm HKT

Stamp Duty Calculator


Unlock members only investment opportunities and full development details. Join now – it’s free, quick and easy.


Not a member? Sign up for free

Why China loves Manchester

Why China loves Manchester


By submitting your details via this online form you agree to be contacted via email/phone/SMS by Direct Marketplace Ltd t/a BuyAssociation in relation to property investment and property developments . We do not share your personal details with third parties.  To view our full Privacy Policy click here.