Spotlight On: The Loom at Vulcan Mill

The Loom Vulcan Mill Manchester Property Investment

As the redevelopment of Manchester continues, urban developments such as The Loom at Vulcan Mill play a crucial role. This architecturally pleasing building was once home to one of the most influential metalwork factories in Manchester. However, it has now been transformed into a contemporary residence that is set in a prime location.

This superb project has turned a prominent building in Manchester into a thriving investment opportunity. This new development seamlessly complements the work that is taking place in the city, transforming it from a dilapidated building and into one that graces Manchester’s skyline.

The location will put residents within reach of the vibrant city centre as well as a range of amenities, making it an ideal property investment in Manchester for those looking to take advantage of a growing area of the market.

The area for this development is New Islington and with it comes a unique and stylish design. Comprising of one and two-bedroom apartments, they are designed for a particular type of resident, especially young professionals and those who are seeking a high standard of living. From the high-end interiors to the stylish brickwork, this is a building that has been transformed in an impressive way, proving that Manchester still has a lot to offer. With it comes that perfect mixture of urban living with green areas and social living as well as the link to the city centre. As far as locations go, this is up there as one of the best.

What is on offer?

As mentioned, the development comprises of 89 one and two-bedroom apartments. All have been designed and furnished with a high spec look and finish in mind. Lavish, opulent and modern, the aim is to capture a sector of the market, and this is where the investment opportunity is one that should appeal to investors looking to take advantage of a great opportunity.

Prices for the 1-bedroom apartments start at £173,000 while the price of a 2-bedroom apartment starts at £250,000. The development also comes with 32 parking spaces which have been allocated to 32 specific units. The work was undertaken by a reputable and respected developer, ensuring an exceptional standard of work and attention to detail.

From an investment perspective, the development comes with a 250-year leasehold and has expected gross yields of up to 5.6%. There is also a very tempting payment plan in place where investors can pay 10% on exchange, 5% six weeks later and then 85% on completion.

Spotlight On: The Loom at Vulcan Mill Aspen Woolf

Location Details

With any development, location is everything and for investors, it is particularly important. Therefore, The Loom at Vulcan Mill will please investors because its location will appeal to those who want city centre living without being located in the city centre.

New Islington is an area that has already undergone extensive regeneration. It is also conveniently located just 15 minutes from the business areas as well as leisure facilities that are located within the city centre. This regeneration zone has seen significant improvements made, particularly within the Piccadilly Basin and Ancoats area. 

The great thing about the Loom at Vulcan Mill is that it is within 100m of the New Islington Metrolink Station. This makes it an ideal place to live for commuters and those who love the bright lights of the city centre. Therefore, they can find themselves in the city centre in just two minutes.

What’s more, they are also within easy reach of many top amenities. Within walking distance, residents will be able to reach Piccadilly Train Station, the Northern Quarter and the Manchester Arndale. They will also be within a number of Metrolink stations such as the Etihad Campus and Deansgate-Castlefield.

For many, location is everything and if investors are seeking a property that has mass appeal then this has it all. With so many developments taking place in the area, it is clear to see that there is a demand for property in the area. With young professionals and even foreign students seeking accommodation, there is potential in this part of Manchester.

The Purchase Process

The purchase process is one that will also be favourable to investors who are interested in purchasing at this development.

To begin with, they will need to complete the relevant paperwork and then pay an administration fee of £2,500. Once the exchange of contracts has taken place, 10% of the purchase price will have to be paid. Then, six weeks after exchange, a further 5% of the purchase price is due. Finally, the remaining balance will have to be paid upon completion.

From an investment perspective, this is a development that will certainly work for investors. As mentioned, the demand for this high standard of living is there. This means that investors can purchase and then begin seeing returns almost instantly. What is also interesting is that this development will also offer significant returns on their investment. Therefore, whether it is a one-bedroom apartment or a two-bedroom apartment, returns of between 5% and 6% are extremely favourable. 

For a development that offers an exclusive standard of living with a first-class finish and design, there is no doubt that this development provides a feasible investment opportunity. With exclusive parking offered and easy access to the hustle and bustle of central Manchester, there is a lot to love about this development.


Is Manchester Buy To Let Property A Good Investment?

Manchester city buildings skyline

Manchester is a key economic area and one of the most high-profile cities in Europe. The city is home to the UK’s second-largest city and regional economy and is also a key area of the Northern Powerhouse. The city has benefitted from the devolution of power and is able to choose some of its own budgets and spending. This has made it free to develop policies designed to attract investment from overseas.

Constant large-scale investment

The city is also known for its thriving media scene, musical history and footballing heritage. Investment continues to transform the city for the better, with new facilities springing up all the time and its skyline constantly evolving. The European Structural Funds programme delivered approximately £366 million to the city, enabling it to create jobs, invest in businesses and fund education. The city is also regarded as one of Europe’s most impressive tech hubs and is noted for its exceptional transport links, leisure facilities and affordable properties, with growing numbers of people relocating from south-east England and overseas to take advantage of its many benefits.

Key growth generators

One of the main generators of recent growth is the Greater Manchester City Deal. This fund is largely centred upon what’s known as an ‘earn back’ scheme. This has enabled the region to recoup extra tax revenue from gross value added (GVA) increases from infrastructure development. The deal has created an apprenticeship and skills hub, raised the number of opportunities offered by the Business Growth Hub and enabled the city to attract further inward investment. It has also established a housing fund enabling further property developments and made billions available for investment. The impact of the scheme is predicted to deliver £1 billion each year to the city by 2025. Money from the Regional Growth Fund (RGF) has helped create almost 6,000 jobs, despite the original target being just 3,700. The Manchester Enterprise Zone, The Corridor, One St. Peter’s Square and Manchester Central also provide further clear evidence of the region’s continued extraordinary growth.

Is Manchester Buy To Let Property A Good Investment? Aspen Woolf

Career and leisure opportunities

The City of Manchester is generally regarded as the heart of the North West. It offers outstanding career opportunities in areas like law and finance, public service and the media. It is also home to 100,000 students and frequently plays host to some of the biggest and most prestigious names in entertainment. Amazon is currently setting up a base in the city, whilst a new GCHQ office is also set to open soon.

Other key attractions

The city’s colleges and universities have produced 25 Nobel Prize winners, with the Manchester Arena being the largest indoor concert venue in Europe. The city is also home to a huge range of cinemas, art galleries, boutiques and independent shops and is within a short drive of some of the UK’s most picturesque scenery, including the Peak District, Lake District and Yorkshire Dales. Manchester Airport was named the UK’s best at the 2015 Globe Travel Awards, with the city producing 3.5% of the nation’s GVA. Its ever-evolving economy has enabled the city to weather the storm even during some of the most troubled economic times.

Greater rental yields

Rents are also on the rise due to the growing demand for accommodation across the city. In fact, rental costs had soared by 30% over a four-year period, according to research carried out by the Manchester Evening News. The Manchester City Council area was the joint-most expensive area to rent a Greater Manchester home in between Oct 2017-Sept 2018, with figures standing at £775 per month on average, with Trafford sharing first place.

Residential and commercial property expansion

More and more property investors priced out of areas like London are now looking to Manchester to help them achieve their targets. New facilities including bars, restaurants, shops and leisure venues are constantly appearing on the streets of Manchester, which is also eclipsing many of its big-name rivals when it comes to house price growth. Research undertaken by Hometrack found that prices had grown by 6.6% on average year-on-year. The average price for a Manchester property stood at £168,900.

Is Manchester Buy To Let Property A Good Investment? Aspen Woolf

Growth outside the city

Growth is also being seen in other areas of Greater Manchester miles away from the city. Bury was showing the second quickest level of growth at 20%, with Salford rents increasing by 18%. Bolton has a rise of 17%, whilst Stockport experienced a 13% rise. Investors drawn to the area don’t have to miss out if they are unable to take advantage of opportunities in the Manchester City Council area. Greater Manchester is home to some 2.5 million residents, with a large number of these seeing substantial house price growth. Many of these areas offer quick and easy access to the city centre, making them ideal for commuters in rented properties. Each of the ten Greater Manchester boroughs have their own decision-making powers and is part of the Greater Manchester Combined Authority led by mayor Andy Burnham.

More buy-to-let options

Investors seeking buy-to-let property opportunities in the M1 postal area can expect to enjoy yields of around 5%. Suburbs just a few miles outside of the city centre like Levenshulme are home to a large number of affordable buy-to-let properties offering yields of around 5-6%. Yields of approximately 4% are on offer when you buy in the more sought-after, leafy locations of Chorlton and Didsbury. Castlefield and New Islington are a short walk away from the city centre and play host to state-of-the-art luxury accommodation. Student-friendly areas including Fallowfield and Rusholme offer quick links to the big Oxford Road universities. Conventional M14 homes can deliver yields of more than 7%, but you could see a return of at least 12% by investing in a house of multiple occupancy (HMO). Ensure you do your research, and your buy-to-let portfolio could bring you fantastic rewards; check out our tips for investing in the buy to let market whether you’re an old hand or just starting out.

If you are looking for new areas to invest in property and are seeking exciting locations that are well and truly on the rise, Manchester and its surrounding towns and cities may well deliver the generous yields that you desire. For our top picks for investment in Manchester, visit this page.

Invest in Oxygen: Manchester’s First Vertical Village

Oxygen Tower will be located near excellent transport links in the city centre.

Construction is underway of Manchester’s ground-breaking ‘vertical village’ – set to be known as Oxygen Tower. Located near to Piccadilly Station, the 375,825 ft² construction will be one of the most complex and impressive high-rise projects in Manchester.

Invest in Oxygen: Manchester's First Vertical Village Aspen Woolf

The developers, Property Alliance Group, have commissioned building specialists Russells Construction and designers 5Plus Architects for the £100 million residential development. Set for completion in 2018, it will eventually comprise 345 luxury apartments and 12 family townhouses.

A sales launch has already taken place, with Oxygen proving extremely popular with prospective buyers. There are still opportunities for both residential and buy-to-let investors however, so feel free to get in touch for more information on this exciting investment.

Invest in Oxygen: Manchester's First Vertical Village Aspen Woolf

Building Details

Oxygen will manifest as three connected blocks, with the tallest being an impressive 31-storeys high. These will include one, two and three-bedroom apartments, with the luxury townhouses on ground level. Ninety-one car parking spaces will be available in the basement.

The tag of Manchester’s first ‘vertical village’ comes from the various leisure facilities set to be included on-site. Along with a 24/7 concierge and rooftop garden terrace, inhabitants will also have access to a communal gym, spa, swimming pool and cinema room.

The development director of Alliance, Gareth Russell, has noted these facilities have been a major enticement for potential buyers. He said:

As Manchester’s first vertical village, the development will provide residents with a variety of luxury homes as well as amenities and services that will create a sustainable and thriving community.

With a roof garden, allotments and spa it will create a sociable environment and lifestyle that will appeal to both young professionals and families looking to rent or buy.”

Invest in Oxygen: Manchester's First Vertical Village Aspen Woolf

Further Information

The project lies on Store Street, just off Great Ancoats Street, which places it within walking distance of some of Manchester’s prime areas. Not only is Piccadilly Station close by, but you’re also not far from the Northern Quarter, Oxford Road, Market Street and the Arndale Centre.

In terms of design, every Oxygen apartment and townhouse will be finished to ultra-modern standards. Although specific details have not been revealed yet, full height windows and balconies will be a feature of each room.

The three towers will descend in height, from 31-storeys down to 15 and nine respectively, connected by a visible lift and stair cores. Underneath, the basement car park will hold 91 spaces for cars and 175 for bicycles.

A residential breakdown is as follows:

  • One-bedroom apartments – 190 units – £220,000 starting price
  • Two-bedroom apartments – 236 units – £292,000 starting price
  • Family townhouses – 12 units – £510,000 starting price

At time of writing, the Oxygen development is expected to be ready for completion at the back end of 2018. Capital growth of 15% in that time is anticipated, with rental yields expected to reach 6%. If you’d like any more information on this exciting investment opportunity in Manchester, feel free to get in touch with us today.

You can find out more about Oxygen here.
For more information about Manchester, take a look at Why Invest in Manchester.

A Guide to Investing in Student Property in Manchester

Since the BBC moved to Manchester, the Media City has blossomed.

Our latest guide to student property in the UK concentrates on one of the most vibrant cities in the world – Manchester. Here we will be looking at the city’s economy, how it has been transformed over the last decade or so, and what this part of the north west has to look forward to in the future.

Naturally, we will also be exploring just what Manchester has to offer both students and investors, too. We’ll give you the low down on both of the universities that are situated in the city and spell out exactly why we think Manchester is a part of the United Kingdom that warrants closer inspection from anyone looking to enter into the student property market.

Shall we get started?

A quick overview of the city

Situated in North West England, Manchester has been at the forefront of British cultural innovation for many years and is widely regarded as a powerhouse for the arts – especially music and literature. An astonishing 25 Nobel Laureates have either studied or worked at the University of Manchester, too, cementing the city’s contribution to society with subjects as diverse as Sir Arthur Lewis’s groundbreaking research into economic development through to James Chadwick’s discovery of the neutron back in 1935.

A Guide to Investing in Student Property in Manchester Aspen Woolf

Image credit: Zuzanna Neziri via Flickr

Once the cotton making capital of the world, Manchester was the world’s first industrial city, earning itself the nicknames ‘Cottonopolis’ and ‘Warehouse City’ during the Victorian era. Like so many other cities and towns across the North of England, the industrial revolution brought great change to Manchester and was the key driver in the city’s expansion, growth and population boom.

The city, along with countless others across the country, fell into decline in the late 60s and throughout the 70s thanks largely to the failing industries that once pushed the city forward. Cotton trading fell dramatically and mills were forced to close, leaving the once thriving economy on its knees. Other changes such as the closure of the city’s port in 1982 and scaling down of Britain’s heavy industry hit Manchester hard, leaving what was once a prosperous community somewhat in the doldrums.

It wasn’t until the late 80s that Manchester began to turn a corner and regeneration projects started to mould the city into what it has become today. The introduction of the Metrolink and sites such as the Manchester Arena and Bridgewater Concert Hall sparked a belief that the city could rise again and become a force to be reckoned with once more.

In 2002, Manchester was the host city for the XVII Commonwealth Games, bringing huge regeneration to the area. Complexes such as The Triangle and The Printworks were renovated as part of the games legacy plans and today they are regarded as some of the best shopping and entertainment districts within the city.

The area’s status was further enhanced when the BBC announced that they would be moving a large part of their organisation away from its traditional London base to the City of Salford, a metropolitan borough of Greater Manchester. MediaCityUK was born, and the 200-acre mixed-use site has brought jobs, prosperity and pride back to this fascinating part of the United Kingdom.

Manchester’s economy

Manchester was recognised as a beta world city back in 2014 by the Globalization and World Cities Research Network. It has now also pipped Birmingham to the distinction of being regarded as England’s second city behind the capital, London. As one would expect from such a prestigious city, Manchester’s economy is strong and is amongst the largest in the country.

As we have already mentioned, Manchester’s fortunes have ebbed and flowed over the years, but there has never been a better time for the people of the North West, and especially those situated in Europe’s 22nd largest metropolitan area. What was once a hive of industry has become a service led economy with a strong foundation in research as well. This is thanks largely to the knowledge base that has formed around the University of Manchester.

The types of businesses that call modern Manchester home include: legal, financial and business services; digital and creative industries; media; biotechnology; tourism; world renowned sporting brands; environmental technologies; advanced manufacturing and, of course, real estate.

The draw that the city has is made clear by the fact that Manchester is home to nearly half of the top 500 businesses that are situated in North West England, and more and more are joining the fray. Overseas business is well represented too, especially in the financial sector. Of the 60 banks that have active operations in the city, 40 are overseas-owned. The city’s financial and insurance sector alone is worth in excess of £3 billion, making it the UK’s third largest behind London and Edinburgh.

A Guide to Investing in Student Property in Manchester Aspen Woolf

Image credit: Sean MacEntee via Flickr

Manchester also attracts more visitors than any other English city apart from the capital, making tourism a significant addition to the local economy. Sport is obviously a huge draw for the city, with the two big clubs, Manchester United and Manchester City, attracting thousands of visitors to the region each and every year.

Local infrastructure

Manchester has one key advantage over all of the other big cities in the North of England, its international links. The city is regarded as the region’s only real international gateway and has recently received accolades such as the Cushman & Wakefield’s top 10 spot for transport links in their 2011 European cities monitor.

Manchester Airport stands behind Heathrow and Gatwick as the United Kingdom’s third largest airport, processing around 20 million passengers each and every year. The airport provides connections to over 200 destinations, which is actually more than any other airport in the country. In fact, according to the global league table, only Amsterdam’s Schipol Airport serves more overseas destinations than Manchester does.

Locally, Manchester is served by all forms of transportation that you would expect from a major city. The city’s rail network handles around 37 million passengers per year via the four main stations, Manchester Piccadilly, Manchester Victoria, Manchester Oxford Road and Deansgate. All four stations are set to be linked in an ambitious £560 million rail project dubbed The Northern Hub that is hoped to stimulate further economic growth in both the city and the wider region as a whole.

Work is expected to be completed by 2022 and Manchester Piccadilly is hoped to be connected to London via High Speed 2, the country’s new high-speed railway, by 2033. The new route will also join the capital to Manchester Airport and the journey times between the two cities is expected to be almost halved, taking the current two hours and eight minutes down to one hour and eight minutes.

Manchester also has the country’s largest light rail network in the city. The aforementioned Metrolink has been in operation since 1982 and has an annual ridership of around 31.2 million passengers (2014/15). Work has begun on extending the network further, taking in both Trafford Park and the Trafford Centre.

The city has an extensive bus network as well, with over 50 bus companies operating within the Greater Manchester region. Around 220 million bus journeys are made in and around the city every year, and a 2011 report showed that 80 per cent of all public transport journeys in the area were made by bus.

Urban regeneration

Manchester has been evolving rapidly over the last couple of decades but, as you would expect from a city on the up, it has no plans to rest on its laurels and the area has some impressive regeneration projects in the pipeline. The high rate of growth that the city is currently experiencing means that housing is at a premium, so Manchester City Council have announced ambitious plans that seek to address the widening problem.

The council recently announced a 10-year strategy that will hopefully ensure that 25,000 new homes will be built over the next decade in the city, something that will go a long way to easing the current housing shortage being experienced there. However, 80,000 people moved to Manchester between 2001 and 2011, so the local authority will have its work cut out if the city continues to see growth like that across the strategy’s lifespan.

There are schemes already in the pipeline that are expected to deliver more housing over the next few years, with projects such as Trinity Way, Salford and Tarrif Street, Manchester receiving funding in order to boost the housing market within Greater Manchester.

A Guide to Investing in Student Property in Manchester Aspen Woolf

Image credit: cellanr via Flickr (cropped)

Of course, regeneration isn’t only about housing, and the city can also boast some impressive new facilities that will hopefully bring as much to the area as previous projects have done such as the Etihad Stadium and MediaCityUK. One such project is Belle Vue Sports Village, which is expected to bring world class sporting facilities to the east of the city, with both indoor and outdoor sports and leisure arenas covering a wide range of activities all on one site.

What makes Manchester worth investing in?

As you can see by what we have already discussed, Manchester is a city that is going places. Overtaking Birmingham as the country’s second city proves the point and the good times look set to continue for this part of the north west. All of the features that have already been highlighted in this guide make the third most populated county in the UK a great place to invest in.

However, another key indicator of a region’s worth is the attention that it garners from those located further afield. Overseas investment is flourishing in Manchester, as many of those who would once only consider London and the south east are now looking north for better yields and value. This is a vote of confidence that any investor would be foolish to ignore.

Manchester is not only attracting money from funds and private investment, big business is getting in on the act, too. Household names such as Google, Cisco, and over 1,500 other foreign owned companies have set up shop in the region, bringing with them jobs and prosperity. Manchester is on sound footing at present, and the increased investment that is going into the region will surely only cement its place in investors’ portfolios as we move towards 2020.

Manchester’s universities

The city has two well regarded universities within its boundaries, offering superb educational facilities to those from the local area and the rest of the world. International student uptake is good – something that will delight those entering the student property market here – and the continued growth of the city is expected to see increased applications across both seats of learning.

Below we take a look at the two universities that those who wish to study in Manchester have available to them:

The University of Manchester

Ranked as 33rd in the world by QS World University Rankings 2015/16, the University of Manchester is widely regarded as one of the finest public research universities around. Just over 38,500 students attend every year and its applicants far outweigh that of any other university in the country with a staggering 6.5 prospective students applying for every place available.

A Guide to Investing in Student Property in Manchester Aspen Woolf

Image credit: Sam Moorhouse via Flickr

International students make up a huge part of the university’s overall culture. With over 160 countries represented, the University of Manchester offers the ideal base for anyone who is looking to come to the UK to study from overseas. The university has its own Student Immigration Team and they offer support to those who choose Manchester from the moment they first submit their application right through to the day that they graduate.

Manchester Metropolitan University

Initially established in 1970 as Manchester Polytechnic, Manchester Metropolitan University has deep roots in the local community and, in terms of student numbers, it is the fifth largest university in the whole of the United Kingdom. The Complete University Guide placed Manchester Metropolitan University in amongst the top 20 universities in the country and it is also well regarded by the Quality Assurance Agency.

Around 52,000 hopeful applicants submit their applications for just over 31,000 places each year and the university has over 1,000 courses and qualifications available across a broad range of subjects. The university also boasts specialist buildings and facilities, with over £350 million invested in its infrastructure over recent years.

Student life in Manchester

As far as places to study go, Manchester is a fantastic choice. The city has everything that a young person could hope for, and a few things that they probably didn’t even know they wanted, too.

Culturally, Manchester runs London close. The music scene here is still as lively as it ever was and the plethora of venues both big and small will keep music buffs happy regardless of the genres that make them nod their heads. Nightlife, generally, is hard to beat in Manchester, and with 1p entry into Factory 251 on a Thursday, you don’t need to be ‘minted’ to enjoy yourself here either.

A Guide to Investing in Student Property in Manchester Aspen Woolf

Image credit: Robert Linsdell via Flickr

However, it’s not just the nightlife that makes Manchester what it is – daytime activities abound, too. Café culture is on the up here and there are plenty of good restaurants offering low cost meals to the city’s student population. Shopaholics are also well catered for, with two major shopping centres – Arndale and the Trafford Centre.

All in all, Manchester is a fine place to be if you are young and want to make the most of city life. It’s little wonder that the universities’ applications always far outstrip the places available in a city like this.

Do you want to know more about Manchester? Check out How Metrolink Is Driving Up Yields In Manchester and 13 Impressive Facts About Manchester You Might Not Know.

Excited about your student property investment journey? Contact us for help, advice and to make a start.


How Metrolink is Driving Up Yields in Manchester

metrolink manchester

If there is one thing that’s certain to push property prices in the right direction, it’s an improved infrastructure for the local area. Greater Manchester has recently seen such a boost thanks to the ‘Metrolink effect’, a term derived from the improved and extended rail service which has linked the outer reaches of the city with the city’s centre itself.

Unbeknownst to many, Manchester has the biggest travel-to-work urban area in Britain outside of the capital. Seven million residents are within an hour’s drive of Manchester city centre, and many of those commute into the heart of the city each and every day.

How Metrolink is Driving Up Yields in Manchester Aspen Woolf

Photo Credit: Natalia Balcerska via Flickr

The introduction of the new Metrolink stations in places such as Wythenshawe, Didsbury, Prestwich and Failsworth means that anyone who does need to travel into the city can now do so without having to sit in Manchester’s notorious traffic jams.

This is great news for property owners in these areas. Many potential tenants who may have once ignored the outskirts of town are now taking advantage of the improved rail links and opting to move to those parts of Greater Manchester served by the Metrolink.

How Metrolink is Driving Up Yields in Manchester Aspen Woolf

Photo Credit: Phil Long via Flickr

What this means for the rental market

Manchester’s rental market has been strong for some time, but the demand for rental properties with an M postcode has never been greater than it is right now. This is true across the rental spectrum, with the demand from investors looking to put their money into property in Manchester and tenants searching for places to rent both at an all time high.

Manchester, like so many other cities across the UK, is struggling to supply the amount of property needed to meet the demand of the market at present. Too few new properties are being built in the area, so rental yields are being pushed ever higher as existing properties go onto the market less frequently.

How Metrolink is Driving Up Yields in Manchester Aspen Woolf

Photo Credit: Alex Pepperhill via Flickr

According to a study made by the Valuation Office Agency, Greater Manchester has seen rental price increases of over 20 per cent in the last 12 months. This extraordinary leap was only bettered by Westminster in London, which posted a staggering 28.4 per cent rise across the same period. Newcastle came in third on the table of areas that have seen the largest price increases over the last year.

House prices in Manchester

Last year also saw both the City of Manchester and Greater Manchester placed in the top two North Western regions that have achieved the greatest positive percentage change in house prices over the last 10 years.

How Metrolink is Driving Up Yields in Manchester Aspen Woolf

Photo Credit: Andrew Writer via Flickr

Anyone looking to invest in property within the Greater Manchester area will be pleased to hear such positive news coming out of the city. The vastly improved transport links have clearly had the desired effect on the people of Manchester and the ever-increasing property market is reflecting this.

Manchester is now one of the most profitable cities in the country for investors, with many parts of the city offering extraordinary returns on investment for those entering the property market. Thanks to the introduction of the new Metrolink stations across the Greater Manchester area, and the inclusion of Manchester Airport on the line, this is a trend that looks set to continue into the foreseeable future.

Feature image credit: David McKelvey via Flickr.

If you enjoyed this blog post then perhaps you would like to read “5 Ways To Spot An Up-And-Coming Area“?