As a Mancunian business born and bred, we have discovered why Manchester offers so much for investors.
Manchester’s evolution over the last decade is unmatched. The city is bursting with amazing technology and creative industries, and it boasts an unrivaled property market. Economically, this northern city is amongst the highest-performing cities in Europe, with a rapidly expanding population of entrepreneurs, students and families. Manchester is known for its ongoing regeneration schemes that proceed to contribute intrigue, opportunity and growth to an already incredible city.
In terms of growth in the property market, the average house was determined to stand at £205,067 at the start of 2021. This is an increase of an impressive 12.12% from 2020, with this expected to rise by at least another 10% over the next year. Despite this rise, Manchester’s city centre remains an equally desirable place to live in for its transport links, diverse culture and business opportunities. However, further out, Greater Manchester is a much more affordable place to live in. The demand for residential property is higher than ever, with many residents, buyers and students looking to base themselves within the city centre itself. City living is on the rise, as numerous residents take advantage of the outstanding facilities, amenities and diversity of entertainment available.