Manchester Investment Property

Often referred to as the “spearhead of the Northern Powerhouse”, Manchester is a diverse, iconic and progressive city that has seen major transformation over the past decade, and continues to evolve into one of the country’s most exciting and thriving areas. Ideally located in the north-west of England, it is part of the UK’s second most populated urban area, and is also the third most visited city in the UK after London and Edinburgh.

  • 20-30% predicted property price growth over the next three to four years – Hometrack
  • Number one place in the UK to be a landlord – GoCompare
  • City centre population growth of 149% since 2002 – Centre for Cities
  • More than 50% graduate retention rate – Higher Education Statistics Agency
  • £300m funding package from government to kickstart new homes and better infrastructure – UK Government

Growing population

With the recent revival in demand for city-centre living, inner Manchester has seen its population leap by 149% between 2002 and 2015, from 14,300 to 35,600 people, according to data from the Centre for Cities. It has also seen more job growth than any other city since 1998, with an 84% increase in city centre employment opportunities.
Students and graduates
Home to three top universities – the University of Manchester, Manchester Metropolitan University and the Royal Northern College of Music – the city’s student population is continually growing, with an estimated 105,000 people currently enrolled there, and huge numbers of graduates staying on in the city. Between 2010/2011 and 2014/2015, more than half of higher education leavers remained in the area and gained employment, providing a massive boost for Manchester’s rental market demand.

“City living has gained strong momentum in Manchester over the past three years and, together with an active student market, has pushed demand in both the sales and lettings markets noticeably higher.” – Neil Chegwidden, JLL residential research

Investment in Manchester

Deloitte’s most recent annual Regional Crane Survey revealed Manchester to be one of the fastest growing cities in Europe, with 11,135 residential units currently being built, and more than 1.5 million square feet of office space completed last year. Skyscrapers are one major addition that is significantly transforming Manchester, with six towers of more than 25 storeys currently under construction

Greater Manchester was also one of three areas in England to be allocated part of a £300m funding package from the government to go towards building homes and supporting infrastructure, after being touted as one of the country’s most ambitious areas with some of the highest demand for housing in the country at the moment.

Excellent transport links

Manchester City Council recently unveiled plans to completely overhaul Manchester Piccadilly train station and the surrounding area as part of the upgrade work that will be undertaken for the new HS2 line, as well as the planned Northern Powerhouse Rail programme which will increase connectivity in the north.

The ambitious project has been described as a “once in a century opportunity for Greater Manchester and the north” by the council, with hopes that the station transformation will effect similar changes to those seen in London’s King’s Cross area.

“The strong GVA performance both historic and projected for Manchester demonstrates that location is not a binding constraint on growth.” – Debbie O’Hanlon, national markets leader at Ernst & Young in the UK

House price growth

While property prices remain below the national average, creating a perfect starting point for investors, Manchester achieved the highest house price growth out of any major city of 7% over the 12 months to June 2018, according to Hometrack. Properties now cost an average of £163,000 in the city, and could achieve gains of between 20% and 30% over the next three to four years based on current trends and housing cycles.

Best place to be a landlord

With such a high demand for rental property in the city, it is no surprise that Manchester can offer some of the best yields available in the country, with some areas achieving returns of as much as 10% for investors.

Online comparison portal GoCompare recently ranked Manchester as the number one place in the UK to be a landlord. The study looked at factors such as average property price, average yield, population under 35, number of properties available, number of letting/management agencies, number of new housing developments, properties currently available to rent, and rental price growth.

Manchester city centre’s low average property prices of £173,381, according to GoCompare, combined with excellent yields of an average 5.5%, contributed to its top position, along with the city’s impressive rental price growth of 5.76%. The number of new housing developments was also fairly high at 689, while there are more than 322,000 under-35s currently living in the city – many of whom will be privately renting tenants.

“We’ve reached the point where Manchester should be judged by different criteria from other UK regional cities. Manchester is now in a different league, genuinely competing with other Europeans and international cities.” – Simon Bedford, real estate partner at Deloitte

Glasshouse Bedford
High-quality renovated apartments in one of London’s most affordable commuter towns. Central Bedford Apartments starting from £125,185 High quality office to...
  • Only 45 minutes to St Pancras
  • Central Bedford location.
  • Spring 2019 completion
Park Central
Waterfront apartments in the £5bn Liverpool Waters regeneration scheme. Central Docks, Liverpool Waters Park Central is the second phase...
  • Located within the £5 billion Liverpool Waters scheme
  • Prime waterfront position
  • High specification apartments
The Bank 2
Enjoy the high life in Birmingham. At over 100 metres tall, this 33-storey skyscraper offers unrivalled...
  • Apartments from £195,000
  • Only 10% initial deposit required
Station Terrace
North-west Smart Homes from £80,000. Station Terrace, located in the emerging city of Preston, ticks all the boxes...
  • Optional hands off & fully managed (with 7% minimum average yield)
  • HG Smart Technology (included)
Arthur’s Fold
Leeds Property in Holbeck Urban Village. Excellently located in the city centre just a 5-minute walk...
  • 5-minute walk to Leeds train station
  • Situated within the Southbank Project
  • Residents’ gym, cinema, lounge
Arden Gate
Birmingham City Centre Apartments From £192,950. A green haven in the heart of the city Located...
  • 10% initial downpayment
  • Birmingham city centre
  • 1-bedroom, 2-bedroom and duplex options available
The Annex, Manchester
Unique apartments in Manchester's newest neighbourhood. The Annex - in Manchester's most highly sought district -...
  • Low 10% initial down payment
  • Exclusive allocation
  • First 10 purchasers get free legal fees
The Axium
Luxury City Centre Apartments From £193,950. Contemporary urban living in the core city centre A magnificent...
  • 10% initial down payment
  • Birmingham city centre
  • 1-bedroom and 2-bedroom options available
Guild House
Invest in the best city to live and work in the north-west of England. The latest PwC Good Growth for Cities index, looking at the...
  • Properties from £66,500 
  • Area with huge regeneration investment
Waterfront apartments in the United Kingdom's new media capital. MediaCityUK, Manchester Just 15 minutes from Manchester city centre by...
  • Prices from £166,000
  • Only 10% initial deposit
  • 6% net rental income for 2 years
The Sorting Office
UK 'Smart Technology' Built-to-Rent Apartments. The Sorting Office in Preston, Lancashire boasts high-spec properties fitted...
  • 6% assured net yield
  • Fully managed, hands-free investment
  • Prices starting from £115,000
St George’s Garden
Luxury Manchester development overlooking stunning Grade II listed church. St. George's Gardens is an exceptional Manchester development with unrivalled...
  • Close proximity to city centre and Manchester's best-connected Metrolink
  • A landmark position in the UK's Fastest growing city
Strictly Off-Market Projects
We have to keep some of our best opportunities behind the counter. Not all of our projects are available online to the...
  • Freehold blocks
  • Early access to HMO projects
  • Large scale investment opportunities

The Latest Manchester News

The Northern Powerhouse
2018 saw record take-up of Manchester office space
The Northern Powerhouse
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The Northern Powerhouse
Manchester to remain one of the UK’s fastest growing economies
The Northern Powerhouse
New development set to rise on Stockport skyline
Other Investments
Former football ground in Greater Manchester goes up for sale
The Northern Powerhouse
Manchester house price growth top in UK for five of last six years
UK Housing Market
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The Northern Powerhouse
Trafford regeneration plans revealed
Risk Warning

Property prices can go down as well as up. Homes can be repossessed if you do not keep up with payments. Properties purchased off-plan or incomplete can be open to further risks and losses to buyers. We urge buyers to seek legal advice where possible and must stress that investing in property does carry risk. Sales are conducted direct between the buyer and the vendor. Every care is taken to ensure that all marketing materials, prices, floor plans, visuals, brochures are correct at time of issue however these do not constitute property particulars for contractual purposes. Please be sure to check all final materials ahead of signing any purchase contract and conduct your own due diligence. BuyAssociation are a marketing agent that presents direct developer and owner stock to property investors and buyers. BuyAssociation never hold funds or take payments, admin fees or membership payments from investors.