Apartments in Manchester city centre is in high demand as Manchester has been one of the UK biggest and most headline grabbing cities lately when it comes to property investment. It has attracted much attention and most recently Manchester has been rated by Savills as the UK's strongest regional investment destination.
What makes Manchester so appealing to investors? read this apartments in Manchester city centre article
How Tony Blair's have built buy-to-let property empire in Manchester
The former Prime Minister’s wife Cherie Blair and son Euan have become private landlords, snapping up nearly 30 flats in south Manchester, Stockport and Trafford
At current rates they will net around £170,000 a year from letting their 28 one-bed apartments, the latest of which were bought last month, to young professionals.
This apartments in manchester city centre article shows the top 4 reasons why people invest into Manchester
If you are planning to invest into UK and/or Manchester, above article may give you more insights
Few reasons why manchester apartments have attracted investors around the world
1. Offering high rental yield compare to London
2. Only fraction of the cost compare to London
3. Demand of housing is approximately 40% above the supply
4. Businesses are going in with many companies starting to move their HQ from London To Manchester
5. Young demographic - Strong rental and resale market and great for companies
According to specialist publication opp.today, who report that flight bookings from China to Manchester have increased by nearly ten percent over the period.
Many of those visitors may be investors from China, interested in acquiring property in the area.
In Manchester, property prices have not yet risen to the astronomical levels seen in London.
However, it's a city with extremely good financial prospects and a positive international reputation, which might further fuel demand for property.
