There has never been a better time to invest in UK property. For foreign investors whose currency has grown strong against GBP, this is an amazing opportunity to invest in the UK’s most resilient market whilst the price is down.
The UK has one of the strongest economies in the world and will shortly bounce back, which was evidence in the sharp increase in GBP following Brexit uncertainty. Britain always bounces back, and property is a stable investment vehicle. Investing now before prices are sent skyrocketing means any investment you’ve made can net huge returns.
But what makes a good investment in the UK? We are renowned for our financial services sector – but perhaps the most reliable and lucrative opportunity for investment comes in the form of property. Perhaps no city is more attractive than Manchester, dubbed ‘The UK’s Second City’ for its incredibly fast-growing economy and property value. Property values in Manchester are expected to rise more than 20% in the next 5 years.
Manchester boasts the second largest economy in the UK and in 2017, attracted a huge share of 43% of all foreign direct investment to the United Kingdom. This just goes to show how popular Manchester is becoming for international audiences and showcases the importance of acting quickly on new opportunities.
In 2020, the UK’s population is set to hit 70 million and at our current rate our country will have more people than Germany by 2045. Demand for housing far outstrips availability in a 2:1 ratio. To put this simply: people in the UK want places to live and there are not enough of them.
No.1 Castlefield is a DeTrafford development that presents amazing opportunities for foreign investors looking to expand into the UK market. With a red brick façade and rooftop homes built on top of apartments, the development is already drawing interest and award-attention – meaning you can invest in a property that not only adds value to your portfolio, but is something to be proud of.
The development includes a mix of 1, 2 and 3-bedroom homes that will attract young city workers who want to live and work in Manchester. Featuring an on-site gym and rooftop garden as well as local commuter links the development is set to attract lots of interest from potential tenants and buyers alike.
The Opportunity Is Now
There’s never been a better time to invest in UK property. Investors can save up to 20% against the weakened GBP (Although this was based on the value of the GBP from the Bank of England on the 26th March 2020 which has now recovered somewhat – another sign of the strong bounce back ability of the pound)
We are offering units at No.1 Castlefield for just a 25% down payment which locks in your unmissable price for 6 full months. With staged repayment plans available, there has never been a better time to invest. Countries and currencies that stand to benefit most include:
Saudi Arabian investors can save 12.9% against the £