May 4, 2023

News

Manchester Area Spotlight

No fluff, just facts. Take a look at these impressive statistics about Manchester.

Manchester Property Price’s (Sales & Rental)
  • 14.7% increase in house prices in 2022 (HM Land Registry)
  • 19.3% predicted increase in house prices across the 2023-27 period (JLL’s Residential Forecast)
  • 22% growth in achieved rents for new developments in the city centre in 2022 (JLL Cities Index)
  • 21.6% predicted rental growth in the 2023-27 period – over 5% higher than the national average (JLL’s Residential Forecast)

Manchester Economy & Regeneration

  • £62.8bn gross value added (GVA), the biggest city region economy outside of London
  • 3rd most visited city in the UK
  • BBC, ITV, Kelloggs, BUPA, Siemens and The Hut Group – companies with a large presence
  • £2m re-invention of Piccadilly Gardens
  • £1bn of private investment to transform MediaCityUK Phase 2, doubling its current size
Manchester Population & Student
  • 2.8m people in Greater Manchester (ONS, 2021)
  • 9.7% population increase in the 10 years prior – higher than the overall increase in England (6.6%)
  • 100,000+ students enrolled at the universities, one of the largest student populations in Europe
  • 50% of students in Manchester choose to remain in the city after graduation

Impressive statistics! Which one impresses you the most?

It’s clear that Manchester is a growing city, with no signs of slowing down any time soon. With a quickly expanding population, almost double the average growth speed of the whole country, the demand for property is real.

We have a fantastic investment opportunity in a prime area in Manchester, Berkeley Square.

Berkeley Square is a new luxury development located between Manchester city centre and MediaCityUK. The development offers 500 modern 1, 2, and 3-bed apartments, phased across 2 buildings – all located around a landscaped central square designed to promote wellness and a rich living experience.

– Prices from £202,361
– Gross yields up to 6.41%
– £5000 reservation fee

Click here for more information about Berkeley Square.

More news/insights

News

July 20, 2023

  • News

Halifax Area Spotlight

Property investment is a popular choice for many people, and Halifax has become an attractive area to invest in. Here’s why… Halifax is a beautiful town located in the Metropolitan Borough of Calderdale. With its close proximity to major cities such as Leeds and Bradford, it offers easy access to the amenities of city life […]

News

July 11, 2023

Mortgage Rate Update – July 2023

Lenders change the rates of their mortgage products regularly. However, in the last few months, they have changed drastically due to the Base Rate increases. On 22 June, the Base Rate increased to 5% from 4.5% in March. Rightmove has a useful tool whereby you can access weekly updates on the current mortgage interest rates. Below […]

News

July 4, 2023

UK Residential Market Survey Breakdown – May 2023

RICS recently released their May 2023 UK Residential Market Survey & there are some interesting correlations. The first graph on the left (below text) shows the number of new landlord instructions. Since mid-2016, generally speaking, new landlord instructions have been falling. It’s no surprise as since 2015, and the UK government have been making it […]