Why Should You Invest in Manchester Property?
Naturally, global investors looking for high yields and returns from their UK investment are turning to Manchester.
Savills’ forecasts that, by 2024, property in North West England will have enjoyed among the highest levels of price growth in the UK, with an expected growth of 27.3% along with rents estimated to increase consistently by 3.5% per annum.
This significant growth wouldn’t be possible without the influx of professionals seeking convenient rental accommodation in Manchester city centre. In fact, Generation Y (those born in the 80s and 90s) makes up 89% of the city’s population growth, which constitutes the exceedingly high demand.
Manchester’s population is rising at 15 times the rate new homes are currently being built at creating a huge demand for quality, city centre accommodation.
The result is one of the UK’s most undersupplied property markets – creating a significant opportunity for investors like you.