Fuelled by urbanisation and a number of regeneration projects, Manchester has sustained a steady trajectory of both house and rental prices. This growth is expected to continue over the next few years.

552K

Population

£243K

Avg. Property Price

£1.2K

Average rent PCM

12.2%

Growth in Rent Prices

Rental Yields

Current rental yields in Manchester are between 6-7% – making it a good opportunity for those looking to expand their property portfolio, as it offers a high return on investment (source).

Education

Manchester has several renowned educational institutions, making it attractive to families and students alike.

Price Growth

The average price for a detached house in Manchester in 2024 has increased by 294% since 1995 (source).

Employment

There are 289,000 people employed in Manchester in December 2023 (source), with the city leading in job creation in 2023 (source).

Why Invest in Manchester Property?

If you're looking to expand your buy-to-let investment portfolio in one of the UK's biggest and brightest cities, look no further than Manchester.

Ranked in the top 50 cities to live in on the Global Liveability Index 2023, the vast development of Manchester in recent years has made it an attractive place to live both Britons and internationals. Most notable for its architecture, culture, media links and musical exports – Manchester also placed number 15 in Time Out's Top 50 Best Cities in the World Survey 2024.

Manchester is home to three renowned universities, with the University of Manchester ranking 51 in the world out of 1,900 institutions, according to The Times Higher Education 2023 University Rankings. The city boasts a student population of 100,000; 27,000 of which are international – making it one of the largest student populations in Europe (source).

Manchester has remained a steady property investment over the last twenty years, due to its popularity with renters all over the country. Thanks to its culture, job opportunities and economic growth, more and more people are flocking to Manchester. As homes increase in demand and rental prices grow, the best time to invest in Manchester's property market is now.

Opulent Invest: Manchester Property Investment Made Simple

Manchester has consistently been a great property investment, attracting people from all over the world. Its economic output generates £86 billion a year (source), and the city is set to provide 65,000 more jobs by the year 2036 (source). The city's commitment to economic growth and development makes it a property hotspot. Ultimately, it provides a high and steady return on investment for those looking to expand their property portfolio.

Manchester Evening News revealed that the city's house prices have increased more than anywhere else in the county over the last two decades. This is likely the result of increased investment in the city.

Properties in Manchester

Discover our investment opportunities in Manchester

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£ 333,000

Waterhouse Gardens

Manchester, United Kingdom

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£ 333,000

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£ 198,000

Trafford Waters

Manchester, United Kingdom

Bed Bath

£ 198,000

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£ 325,000

One Port Street

Manchester, United Kingdom

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£ 325,000

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£ 84,999

Axiom Student Apt.

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£ 84,999

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Areas within Manchester that show promising signs of development and growth include:

Ancoats

Ancoats has become increasingly popular with renters in Manchester, thanks to the high levels of investment the area has received. More than £30 million has been secured for the final phase of the area's regeneration project, which is set to create a sustainable urban neighbourhood of 1,500 homes (source). The project itself aims to provide a connected network of streets and green spaces – working to complement Ancoats' existing culture and historical infrastructure with modern amenities.

Salford

According to the Salford City Council website, Salford's population is growing at a rate that no other area in the North of England can match. Thanks to its own recent development and regeneration, the city expects to generate 40,000 new homes and 40,000 new jobs by 2040. The city is home to an expanding media hub; including the BBC and ITV studios -contributing to Salford's increased economic growth. With lower house prices and high rental costs, Salford is one of the most profitable cities to invest in.

Spinningfields

Right at the heart of Manchester's city centre lies Spinningfields – a vibrant hub with opportunities for rest, work and play. The regeneration of the area began in the early 2000s, with an objective to transform the space into a new business community. The project cost £1.5 billion in total (source), and has proved to be an attractive area for local businesses and young working professionals.