Why to invest in Manchester property?
England’s second city is a foundry of revolution and culture. From its industrial past to its flourishing state as a modern bustling metropolis, Manchester has innovation and creativity in its very DNA.
Home to a myriad of cultural superstars, from global music phenomenons, Take That and Oasis, to footballing powerhouses Manchester United and Manchester City. The latter two being the biggest Premier League clubs in England, winning 15 Premier League titles and 17 FA Cups between them.
In fact, the city is a true sporting hub, having hosted the Commonwealth Games, the UEFA Champions League Final, the Ashes cricket series, the Rugby World Cup, and the Rugby League World Cup in the last 15 years.
But if the sport isn’t your thing, there’s more than enough going on in Manchester to keep you busy. Explore local and global history at the likes of the Manchester Museum and the Imperial War Museum North; take in the remarkable artwork found at the Whitworth Art Gallery, The Lowry, and the Manchester Art Gallery; or have a night out on the town at one of Manchester numerous, pubs, bars, restaurants, cinemas, theatres or music venues.
All of this makes Manchester an ideal city to invest in property.
Over recent years, there has been an influx of multinational enterprises to Manchester, which further boosts the need for residential property in the city. As part of a major redevelopment centering on the Soapworks building in Salford in 2018, TalkTalk relocated its HQ. This redevelopment of the River Irwell area also encompasses the nearby flagship Bupa building. The city abounds with start-ups mixed in with the big players like the BBC and ITV, who have made homes for themselves at the MediaCityUK in Salford, a newly rejuvenated part of the city.
The city’s population is predicted to reach 644,100 by 2025, thanks in part to its popularity with its graduate population. According to Rightmove, the average property price in Manchester is £210,149, which is 11% more than the figures from 2017.
There is no doubt that investing in Manchester property is a hotspot.
On our website, you can find all properties for sale in Manchester, and invest your money in a shining light of the Northern Powerhouse