Manchester is the UK’s most lucrative city for property investors – exceeding even London in terms of return on investment and opportunity to begin or expand your property portfolio.
“Manchester is forecast to see both the highest sales price and rental growth of any UK city over the next five years” – ArabianBusiness.com
House prices in London remain the highest in the UK, but Manchester offers a more attractive asking price for investors with a similar rental return and an unrivalled growth forecast that predicts that by 2024, the average value of residential Manchester property is set to grow by 17.1%.
Property consultants JLL have stated “The economy of the North West will be one of the strongest performing economies in the UK over the next five years.”
Unlike London, where prices are high but growth rates are stagnant, Manchester offers an exciting opportunity to invest in luxurious property now and capitalise on a price increase over the next five years.
As an investment opportunity, the very fabric of the city is alluring: it boasts a young workforce who are newly graduated and will grow in earnings over the years. It is a cultural capital, a community-driven city and a place people want to live in. Job opportunities appeal to young workers who wish to move to the city and start their careers – which makes the rental market particularly attractive as an investment.
Invest in luxury property. Become a part of this city. Capitalise on opportunity. Be a smarter investor.
Choose DeTrafford.
The fastest growing rental market in the UK, with a 5.73% growth per year
Growth forecasted in the next 5 years
The highest rental yields in the UK
Manchester is a city like nowhere else in the UK. Combining cosmopolitan shopping, passionate sport, luxurious lifestyles and a rich cultural heritage, it is a proud and welcoming city to all visitors and new residents.
For investors, the business opportunities are lucrative: Manchester is home to the BBC and boasts an economy worth over £120 billion. New businesses are appearing all the time thanks to the fact Manchester offers 40% lower operating costs when compared to London.
We have developed a range of beautiful, luxurious properties situated in the city centre that will appeal to investors looking to expand their portfolios.
Invest in a 1 or 2 bed unit at our most prestigious development. 1 beds start from £195,000 and 2 beds from £350,000. These apartments can expect to achieve a rental yield of around 6% per annum.
An affordable apartment investment for new investors or those looking to invest in multiple units. Choose Elisabeth from £164,000 and enjoy rental returns of 6% per annum.
With an onsite gym and communal gardens as well as rooftop homes, No.1 Castlefield is going to be an extremely popular choice for city workers. Invest from £200,000 and enjoy returns of 5.5-6% per annum.
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