Manchester Overview

Over the course of the past 20 years, Manchester has been home to some outstanding regeneration successes. The £1.5 billion Spinningfields project is an excellent example of Manchester’s recent regeneration work, as is the new Middlewood Locks neighbourhood next to Salford Central railway station. Meanwhile, the £800 million NOMA project is transforming a 20-acres site into office, retail, leisure and hotel space.

The HS2 high speed rail network is due to open services to and from Manchester in 2033. As such, the city’s stations are benefitting from substantial expansion work. Manchester Victoria has already undergone redevelopment, at a cost of £48.5 million. Manchester Piccadilly’s transformation is outlined in a ‘once in a century’ vision that will see the entire station rebuilt. Such superb transport connections support Manchester’s position as a top buy to let property UK destination.

Manchester is home to vastly diverse neighbourhoods. One of the most sought after is Ancoats, which has been named the hippest place to live in the UK (TravelSupermarket) and the 13th coolest on the planet (TimeOut). The stunning new Middlewood Locks area is also well worthy of attention, with recent regeneration work creating an inviting new urban district.

Several Manchester postcode areas were some of highest yielding in UK in 2017 and 2018. The city’s large body of private renters and rapidly rising rents mean that property investment companies are giving it their full attention, with the city ranking as one of the best property investment UK options available.