Manchester is one of the most exhilarating places to live and work today, with many young professionals moving to the city for outstanding employment opportunities. Manchester’s population continues to grow at an fast pace, benefitting from the rise of people leaving London for a more affordable lifestyle. Manchester is considered as the UK’s top rental hotspot with buy to let properties in huge demand and also having some of the highest occupancy rates in the UK.
Manchester also has one of the lowest levels of housing stock in the UK. For investors in the short-term this is driving yields and capital growth, as rising numbers of potential tenants and house buyers fight for a limited number of units. This creates is a huge investment opportunity in the long-term; an opportunity to invest in new products and sectors for a city’s growing population.