Property Investment : Manchester
Manchester is known for its vibrancy and creativity. With a thriving student population and a strong job market encouraging young professionals to relocate to this Northern powerhouse, it comes as no surprise that Manchester is a desirable location for property investors.
Manchester property investment has never been so lucrative. Its 2.5 million population is a key reason so many companies have invested in relocating to the city. With 70 of the FTSE 100 now headquartered in Manchester, it attracts some of the biggest companies in the world. It is also popular with ambitious startups, tech companies, and investors, more so than London. This is because the cost of living is cheaper than in London, making it an attractive investment proposition for property investors and entrepreneurs.
According to the JLL UK City Centre Forecast 2020, we can expect to see Manchester property investments gain both the highest sales price growth and rental price growth over the next five years. This is notably higher than the UK average.
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