MANCHESTER

Manchester has attracted a vast sum of injected cash over the past decade, from both domestic and foreign investors, with prime new homes and offices being built at an impressive rate. Manchester has a diverse economy which includes the UK’s top media hub, IT services and over 200 manufacturing firms within the local area. It currently generates a GDP of over £59 billion and sits third in the UK rankings behind London and Birmingham.

manchester

Featured Property

THE WATERHOUSE

Starting Price : FROM £139K
Units : 86 (1, 2 and 2 beds duplex)
The Waterhouse offers a range of well-appointed one, two and three bedroom apartments together with two bedroom duplexes and stunning two and three bed penthouses all designed to the highest standard to provide residents with luxury waterside living.

Manchester

KEY MARKET STATISTICS


CITY

510,000

UK’s third largest city with over 510,000 people

£59 billion

in GDP, third largest in the UK

99,000

Students in the city, as well as a graduate retention rate of 51%

61 million

visitors in 2017, 10% increase year on year


RENTAL YEILDS

7%

rental yields being achieved in Manchester

3.2%

increase in rental yields in 2017

26%

of private lets, one of the highest in the UK

1hr 5mins

between London and Manchester with HS2 in 2032


SALES

30%

increase in house prices over the last 5 years

149%

population growth between 2002 and 2015

6.3%

ncrease in house prices in 2018, compared with 1% national average

227,200

new homes needed by 2035

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