Manchester boasts one of the largest and fastest-growing economies in the United Kingdom. In fact, Manchester is the second-largest financial hub in the UK after London, with an estimated population of 2.6 million.

The city has rapidly established itself as an investment hotspot owing to high rental yield and capital appreciation. Manchester’s growing economy and the presence of large and prominent global companies make the city an attractive prospect for investors.

Krypton breaks down 5 key reasons to invest in the Manchester real estate market:

• Strong Economic Growth: The city not only enjoys a very well-deserved reputation for economic excellence but also attracts a large pool of global talent that includes a high proportion of skilled workers. Besides this, the city also boasts headquarters for several major UK and global companies including Google, BBC and Adidas.
  
  
• Development Schemes: The regeneration efforts by the government and a series of public and private investments have given Manchester’s economy a massive boost in sectors such as engineering, financial services, technology, broadcasting and media. The development of the city is a continuous work in progress and is a key factor in boosting investments in Manchester.

• Improved Positioning: Manchester’s city leaders have consistently employed new economic strategies to re-define the city’s role and improve its position in the global market. The turnaround witnessed in recent years has been so successful that it can be termed the “Manchester miracle”.
  
  
• Liveability: Fewer homeowners and ample job opportunities in the UK has led to the consistent growth in rental values, thereby allowing an opportunity for investors to choose a high-quality rental property in Manchester.
  
  
• Shortage of Housing units: Over the past couple of years, the city has registered healthy growth in population while the low level of residential units still remains a concern. With the increasing pace of population growth, investors can earn high returns in the short term as prospective tenants face challenges for the limited number of units.

Manchester is an excellent location for investors seeking property investments that will outperform any other real estate market in the UK. It represents a huge opportunity for individuals seeking high capital gains. Robust demand for rental housing and a low supply of housing stock results in an ideal situation for buy-to-let landlords to capitalize on the high demand/low supply gap and high rental returns.

Looking to invest in Manchester? Krypton Global Investments offers expert advice and services for UK Real Estate Investments. We are currently listing a stunning property in Manchester. 115 Princess Street is a beautiful red brick heritage building situated in a highly desired location near Manchester’s ‘Knowledge Corridor’. Redeveloped to accommodate both young professionals and students,115 Princess Street comprises of 24 high spec studio and one-bedroom apartments.

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