Why Manchester Is the Best Place for Property Investment in the UK?
Best Places to Invest in Property
Manchester rental yield increased more than other UK cities in the last five years. As a result, many new investors are buying Manchester properties. In July 2017, prices increased 34 per cent in Manchester and 38 per cent in Salford compared to the preceding seven years.
Some of the reasons for high investor interest in Manchester properties are –
-
The Manchester property market is supported by higher yield, affordability, and growth.
-
The city is number one in the property market as per Gocompare reports, the price comparing website. Its ratings are based on the average property price and rental yields. Other factors include supply and future investment growth.
-
The city has a vibrant economy with a large skilled workforce, four universities with over 100,000 students, and many places to invest.
-
There are several FTSE 100 companies in various employment sectors, including media, insurance, finance, technology, and business. In addition, it is predicted that there will be new jobs in science and technology, which can increase the workforce by 10 per cent by 2020.
-
On an average of 5.5 per cent, Manchester rental yields stand the highest in the UK.
Property Investment In Manchester
There has been a great demand for property in Manchester. One of the largest property portals in China, Juwai dot com, published a report stating there has been a 255.6 per cent increase in inquiries related to Manchester properties in January 2018 compared to January 2017.
Salford is the most active investment market, where the price acceleration is predicted to continue until 2020. Other popular areas include the City Centre, Droylsden, and M14 Postcode.
The latest forecast in property investment records stability in the housing market before acceleration in 2020.
Most global reports on property investment claim the properties in Manchester are undervalued, and there is a lot of scope for growth. It has become difficult to get an affordable house in the city due to a sudden increase in price and high rent rates. One of the biggest challenges in property investment in Manchester was the connectivity to northern cities and London.
The new Rail project along the Manchester-Bolton-Preston line and investments in the Airport station project in Manchester linking the city to Yorkshire and beyond gives room for further expansion. These projects will subsidise bus routes, ease congestion and provide an assortment of options for transportation to passengers.
Compared to London, Manchester is expected to grow 67 per cent higher in terms of returns on property investment, whilst there are many long-term opportunities in real estate available in the city.
There is a demand for 10,000 new homes each year in the city, and some new residential and commercial projects aim to fulfil these growing demands.
To get some of the most affordable commercial and residential high-quality assets in Manchester, UK, Contact Hamilton International Estates.
GET IN TOUCH
Contact Our Team
Call:
+44(0)1628 397840
Email:
info (@) hamiltoninternationalestates.com
Visit Our Office
Address:
Chiltern House Business Center
64 High Street, Burnham
Bucks - SL1 7JT
United Kingdom
View On Map >>
Sign up for exclusive access to our property developments
Why Hamilton International Estates
We strive to deliver a personal service for all of our clients
Why us
Our standard is also a measure of the perfection that we strive to achieve in everything we do. Our professional property consultants have cumulatively acquired over 25 years of experience in providing the perfect property development opportunities for all our clients..
What we offer
Hamilton International Estates specialises in property development opportunities. We have a wide range of property developments, ranging from; residential and commercial property. The Hamilton International Estates Standard is the benchmark of our excellence by which we judge ourselves.
Our Role
We build genuine partnerships with our customers and use our intellect to help our clients reach their goals. Our role is to connect buyers and sellers across the world and we offer our clients a number of different assets that they can purchase, retain and profit from.
Our Clients
Our client base is formed of people across the globe who wish to diversify their portfolios as well as purchase and profit from a variety of different assets. Our experience aids us to tailor our services to meet the needs of all our clients.
Disclaimer - Hamilton International Estates is acting as an agent in marketing products and services for many other companies. Hamilton International Estates is not authorised to give investment/tax advice and you should seek independent financial and legal advice prior to making any investment decision. All forecasts are based on historical performance and are purely indicative. The value of your property may rise or fall. No guarantees as to future performance in respect of income or capital growth are given either expressly or by implication and nothing expressed or implied should be taken as a forecast of future performance. This is not an offer to participate in a collective investment scheme as defined in the Financial Services and Markets Act 2000 (section 235) and as such buyers have no access to statutory or regulatory protections including the Financial Ombudsman Service and the Financial Services Compensation Scheme. Hamilton International Estates is not regulated by the FCA and is not authorised to offer advice to the general public concerning any regulated or unregulated investment. Although every care has been taken to make sure that the information in this brochure / website is accurate, Hamilton International Estates cannot accept any responsibility for mistakes or omissions. You should take your own professional advice before taking or refraining from any action based on the contents of this brochure / website which are only intended as a general outline to the matters referred to in it. All content, product description and illustrations in this factsheet, brochures and website are purely marketing material provided by the companies that we work as agents for. Hamilton International Estates registered address Chiltern House Business Center, 64 High Street, Burnham, Bucks, SL1 7JT, United Kingdom, Company Registration Number 10767032 is a sales and marketing agent.