Property Investment in Manchester

Investment property in Manchester has never been more desirable. With a growing population of over 9% according to the latest census, there’s an ever-growing need for available property, whether that be residential, commercial or student property.

Key reasons to invest in Manchester property

1. Significant Rental Growth

Manchester’s centre is expected to experience significant growth in rental accommodation. Predictions of an annual increase of 4% until 2027 will no doubt push Manchester forward as the powerhouse that it is, against other cities such as Liverpool and Bristol. Investors looking into South Manchester will be pleased to learn that rental yields will continue to stay high for areas such as Salford and Moston amongst many others.

2. Employment Opportunities

One reason so many people are relocating to Manchester is due to the fantastic employment opportunities and sectors that Manchester has to offer. With 80 FTSE companies calling Manchester their home, the diverse job market continues to prove that Manchester is the place to be for both investors and its residents.

3. Continued Evolution

Naturally, Manchester’s growth has been heavily influenced by the continuous investment into the city’s infrastructure. Local projects include creating and improving green spaces and surrounding neighbourhoods, as well as further funding to build more affordable homes and apartments.

4. Student Hotspot

As a city with a range of university spots to choose from, it’s no wonder Manchester University ranks no.6 in the top universities in the UK, and with a diverse choice of subjects from music to physics, it’s clear to see why more and more students choose to study and live in Manchester.

5. World class transport

As the city benefits from continuous investment to improve its infrastructure, so do its transport links. HS2 will provide excellent links between Manchester and London (and beyond) creating further opportunities for businesses and residents to take advantage of everything Manchester has to offer.

Discover your next investment in Manchester

We’re passionate about the buy-to-let property market in Manchester and beyond, and truly believe it should have a place of pride in any investment property portfolio. As specialists in our field, we work hard to ensure clients have the most up to date and accurate information on any development that catches your eye.

As we’re located in Manchester, we’ve got out ears to the ground. To ensure your getting the most from your investment we conduct regular visits to developments to check their progress and to keep you updated.

Due to the excellent services, we provide, many investors continue to work with us on an ongoing basis even after their initial investment. Whether it be through our lettings and property management services or by continuing to expand their Manchester investment portfolio.

We’re grateful to have received such kind words from the many investors we have worked with (over 300 in fact since 2015). Our expertise comes highly recommend with much of our business being based on referrals from existing clients.

At Pure Investor we don’t give the “hard sell”, we simply provide you with valuable insight into Manchester and the very developments we offer.

Our team of experienced property professionals are ready to assist with your investment goals and create a long-term relationship that you can rely on. From buy-to-let properties and student accommodation to lettings management all the way through to selling your property, why not begin or continue your journey with one of the UK’s fastest growing property investment companies in Manchester.

Why Invest in Manchester Property?

It’s not hard to understand why so many investors have expanded their portfolios and invested in property in Manchester. With a property market that is continuing to grow as more people ditch the hustle of the capital and head north, house prices are expected to increase further and rental prices, both within the centre of Manchester and in more rural areas, have continued to trend upwards.

The economy alone of Manchester City Centre is worth around £6 billion and continues to grow, but across the ten metropolitan boroughs, the economy sits at 78.7 billion, and the city has continued to drive job-growth making it a fairly competitive place to live with plenty of demand.

Ranked as one of the top most desirable places to live and work, investment opportunities in Manchester continue to rise up, presenting stability and value for the many investors who want to yield the returns that Manchester has to offer.

Manchester Housing Market Forecast

Across the North-West, first-time buyers have continued to remain resilient, even with turbulent mortgage rates. Many have been cash buyers as the market stays competitive.

Property rents were up 51% in 2023 compared to 2019 and these numbers are forecast to stay strong through much of 2024. Notable areas such as Oldham, Old Traffic and Bolton are expected to be at the forefront of many new area developments one of which includes the creation of 2,000 new homes.

Although new housing developments have experienced a slower start than usual due to building costs and limited land, the demand for housing doesn’t seem to be slowing. The lack of new houses has created more competition for existing properties entering the market.

Manchester Transport

Manchester’s impressive transport infrastructure needs little introduction and has a range of extensive transport networks across the city making it incredibly easy to venture in and out of Manchester city centre, whether you’re simply visiting, commuting or looking to invest.

HS2 is hot in anticipation of making it much easier for people to travel back and forth between Manchester and London, as well as other surrounding areas and cities. Although recently announced changes to HS2 confirmed the original Manchester to London line is being scrapped there are still plenty of opportunities to get around the UK much quicker than is currently available.

However, when in Manchester you can rely on the Bee Network to ensure you get to your destination with ease and on time. Manchester’s metro link is one of the largest tram networks in the UK and recorded over 36 million passenger journeys in 2022/23. It connects every corner of Manchester from the city centre to the exterior boroughs.

Manchester’s Regeneration

Over the years Manchester has received billions of pounds in investment that continues to transform Manchester into what we see it to be today. For those looking to take advantage of the 6-7% yields that Manchester could provide, you may want to stay in the loop of continued regeneration projects that the city has in store.

Overseas buyers have also taking a liking to the many opportunities throughout Manchester and its ten boroughs, and with a growing population, exceptional graduate retention rates of 51% and expansive projects such as New Islington which aim to create a medley of desirable neighbourhoods, we’re not surprised Manchester has people packing up from London to move to the Northern Powerhouse.

Frequently asked questions

Where should I invest in Manchester?

If this is your first time investing in Manchester you may want to consider the type of property you wish to invest in and the tenant you would prefer to manage, as this will guide your area. Manchester City Centre is popular for flat and apartment sales, where as the Northern Quarter is popular amongst students and shared housing for that reason.

Want to learn more? Check out our guide on Best Buy to Let Areas in Manchester.

What is the return on Investment in Manchester

For investments in Manchester City Centre, rental yields can come in as high as 8%. We have various properties for sale in Manchester that range from 5.35% Net Yield to 7.12% Rental Yield.