Manchester’s best buy-to-let postcodes

 

Manchester already tops the list of best buy-to-let location in the UK, but where exactly should savvy investors turn their attention to within this exciting new star on the property horizon.

Manchester is the rock of the Northern Powerhouse and its biggest achievement. It’s living proof of how an unfortunate area can be turned into a sought after location when it gets the help it deserves. And if you, like most smart property investors, are mainly focused on rental yield when choosing a new investment it’s time to have a closer look at the Mancunian way of doing property.

The top 4 postcodes

M14 Postcodes

M14 includes areas like Fallowfield, Rusholme and Moss Side. It’s close to the campus of the University of Manchester which makes it the most popular area in town for student rental.

This is the TOP PICK for buy-to-let investors, mainly due to the fact that they’ve enjoyed rental yields of over 8% over the last couple of years.

M25 Postcodes

The M25 area is located north of the city centre and comes with a village vibe whilst residents won’t need more than 15 minutes to get straight into the city’s heart. At the same time, the nearby located M60 makes Britain’s other towns and cities easily accessible.

https://www.buyassociation.co.uk/2016/08/19/oops-manchester-did-it-again/

M38 Postcodes

Located in the city’s North West, properties in this area have very reasonable prices. A terraced house will set you back around £70,000.

It might not qualify as Manchester’s nicest or smartest area, but is nevertheless a buy-to-let hotspot as investors can earn yields of over 7.6%.

M9 Postcodes

The M9 area is located North East of the city and might not have the best reputation. It does, however, have a brilliant transport network, only five minutes from the motorway and with great connections to the city centre.

https://www.buyassociation.co.uk/2016/08/25/germanys-investors-manchesters-property-unusual-friendship/

What should an investment property in Manchester offer you?

Simply put, make sure you look out for these three, basic features:

  • Good transport connections: attracts tenants and makes it easier to resell
  • University location and student hotspots: these areas can offer particularly high yields
  • Up-and-coming areas: Look for the perfect area, not extremely popular just yet but definitely on the rise
  • 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

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    Manchester’s best buy-to-let postcodes

    Manchester’s best buy-to-let postcodes

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