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Manchester voted world’s 15th best city

By Surrenden Invest | June 18, 2019

Manchester voted world’s 15th best city

Picture the world’s greatest cities and what springs to mind first? London? Paris? Hong Kong? New York? Tokyo? Well, according to the 34,000 city dwellers interviewed by Time Out, Manchester now ranks up there with the best. The city came in 15th in Time Out’s list of the 48 best cities on the planet.

While New York, Melbourne, Chicago and London topped the list (in that order), Manchester proudly took the 15th spot, beating the likes of Buenos Aires and Barcelona thanks to its outstanding cultural attractions and “legendary (and growing) bar and club scene.”

“Manchester is an incredible city that is going from strength to strength. In recent years we’ve seen it competing on the global stage with some of the largest cities in the world. In 2018, IBM flagged it up as being in the top 10 cities on the planet for attracting foreign direct investment. Now, Time Out has recognised just how much Manchester has to offer those who live here.”

Jonathan Stephens, MD, Surrenden Invest
While Manchester’s nightlife was one of the aspects highlighted, the city’s art galleries, museums, sporting prowess, gastronomic scene and retail offering all came into play in the ranking.
For those with a focus on property investment UK opportunities, Manchester has even more to offer. The city is an established haven for property investors looking for solid yields and plenty of potential for capital growth. According to Hometrack, it is one of only two cities to have achieved price growth of 17% since the Brexit referendum in June 2016 (the other being Leicester).
Developments such as Middlewood Plaza are making it easy for investors to tap into this lucrative buy to let market. Just 10 minutes from the city centre, in the Middlewood Locks regeneration corridor, the stylish apartments, duplexes and townhouses are ideally positioned for access to both Manchester city centre and the best that Salford has to offer (Salford Central is, in fact, just 750m from Middlewood Plaza).
Boasting a private roof terrace, secure underground parking, smart technology and luxury furniture packs, with investment from £153,000, Middlewood Plaza is attracting interest from the wider global investment community, as well as from investors within the UK.

“Manchester is a city that welcomes investors with open arms. Its housing market has performed consistently well in recent years, upstaging other regional cities around the UK. The future also looks bright for Manchester’s property market, with Savills projecting compound growth of 21.6% for the North West over the coming five years – higher than that of any other UK region.”

Jonathan Stephens, MD, Surrenden Invest

To keep up to date with the latest news on investing in Manchester and other UK regional cities, connect with the Surrenden Invest team on social media.

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