Completion Date: Q4 2021
Located on the corner of Christopher and Windsor Street, you will find Albion Place. A handsome refurbishment conveniently located next to key transport nodes into the City Centre. The building consis …
Final remaining units
Completion Date: Q2 2022
X1 Manchester Waters Phase III is a significant part of the wider development underway on the Pomona Islands docks. This is regenerating an underutilised ex-industrial area and turning it into the mos …
Completion Date: Q1 2023
X1 Michigan Towers is an exciting new flagship development, which is set to change the Manchester skyline. Our new development features four iconic towers, each with unique façades with a stunning arc …
Completion Date: Q1 2021
Split across two buildings, Affinity Living Embankment West won the prestigious Residential High-rise Development UK award at the 2019/20 UK Property Awards. Part of a £10 million regeneration project …
Completion Date: Q4 2021
A unique property investment in Manchester, Elizabeth Tower at Crown Street is one of the tallest residential buildings in the UK and forms part of an exciting new skyscraper district in the south-wes …
The Local Blackfriars development is a gated community comprising 380 apartments, townhouses and penthouses across two striking towers. Architecturally blended into a Grade II-listed former public hou …
During the last decade, Manchester has experienced a 7% population growth, reaching 2.7 million in 2019. Over the next few years, Manchester’s population will continue to increase. Therefore, it is expecting to reach over 3 million by 2035. This has led to high demand for housing in a city without enough supply. Consequently, this is good news for property investors as it is creating a perfect investment opportunity. Manchester is the UK’s best prospect for residential price growth over the next 5 years, creating the perfect to opportunity for buy to let investment in Manchester’s property market.
The salaries and operating costs in Manchester average to be 30-40% less than London. Therefore, businesses in the city are taking advantage of high quality office space alongside low attrition rates. This means that organisations with back office functions benefit from world class quality at a lower cost. These factors ensure that Manchester is named by KPMG as Europe’s most competitive business location each year.
Manchester boasts one of the largest numbers of business service organisations in Europe. Meanwhile, Manchester has the largest professional services sector outside of London. These organisations employ over 250,000 people across various specialisms. This highly skilled workforce of accountancy, insurance, tax, HR and legal experts enables companies in Manchester to access the people they need.
Since 2018, buy to let properties in Manchester have successfully achieved a higher rental and higher price growth than the average in the UK. As a result of this, you should achieve some of the UK's highest short and long-term property investment returns.
The city Is experiencing a significant undersupply, with Manchester’s population rising at 15 times the rate new homes are being built, resulting in City Centre apartments receiving up to 10 enquiries per property, per day, and some properties are tenanted within one hour of advertising, meaning now is the perfect time to invest in Manchester buy to lets.
Manchester’s property market also holds an impressive history; with property price growth in Manchester exceeding the UK average for five consecutive year, from 2013-2018. Within the 12 months to June 2018 alone, the average property values in Manchester increased by
7.4%, and within six years between November 2011 and November 2017, prices of apartments increased by 51%.
Even though the 2020 pandemic impacted the UK’s housing market, Manchester has remained a hotspot for high yield property investment in the UK. Despite the property market freezing during lockdown, Manchester is still expected to record a house price growth of 4.1% during 2020, as opposed to the UK average of 2.9%
Europe’s second-largest cluster of creative/ media businesses. Home to the £28.5 million Cancer Research Centre – one of the UK’s most innovative medical research facilities
A world renowned education sector, with a 105,000 student population as well as a graduate retention rate of 51%, for instance.
Oxford University economists predict that job growth in the city will exceed many international capitals including Paris, Berlin and Tokyo.
Many UK businesses are ‘Northshoring’ to Manchester. This is expected to create 55,000 new jobs by 2025. Additionally, adding £19 billion Total Gross Value to the economy and increase residents’ disposable income by 28%.
With around 100,000 students in the city, Greater Manchester is home to one of the largest student communities in Europe. Students flock to Manchester from all over the globe, with international students from almost every country on Earth living here.
Additionally, Manchester has a fantastic graduate retention rate. Over half of all higher education leavers decide to stay in the city, creating great opportunities for buy-to-let investors interested in renting to young professionals.
Manchester City Centre's population grew approximately 10% from 2014 to 2017 and is projected to grow 37% between 2018 to 2024. However, Pickup in construction last year still fell short of the target by 716 homes.
Over 35,000 people graduate from a Manchester university each year, producing young professionals well-versed in a wealth of employable skills. With graduates holding expertise in languages, business management and data analytics, businesses in Manchester have an extremely healthy talent pool to choose from. Manchester’s universities are also regular collaborators with local businesses, helping them access bespoke training courses and cutting-edge research.
With around 100,000 students in the city, Greater Manchester is home to one of the largest student communities in Europe. Students flock to Manchester from all over the globe, with international students from almost every country on Earth living here. Manchester also has a fantastic graduate retention rate with over half of all higher education leavers deciding to stay in the city, creating great opportunities for Manchester buy-to-let investors interested in renting to young professionals.
Salford, along with other Greater Manchester authorities, has a key role to play in accommodating much of the anticipated growth in the region. It has yet to reach its full potential and is continuing to see growing interest from savvy investors looking for pockets of value.
Boasting a population of 251,300, the city has experienced significant growth over the last 15 years at a considerably higher rate (16.2%) than Greater Manchester (10.9%) or the North West (7.0%). Salford is a major employment centre which makes a strong contribution towards Greater Manchester’s economy.
There are estimated to be over 9,500 active businesses in the city, employing over 127,000 people with a significant number of these concentrated to City Centre Salford and Salford Quays. Major companies such as TalkTalk and Vodafone, call it home as well as MediaCityUK, a £500million mixed-use development with more than 250 businesses, including BBC and ITV. The city’s unemployment rate has seen a substantial reduction due to this business influx, falling to 4.9% in June 2018.
Another contributor to the strong employment level is the high-growth industry focused on finance and digital. Salford has one of the first operational 5G networks in the UK and is concentrated to the financial and professional services, alongside the creative and media sectors too. This is likely to bring more business and professionals to Salford, further improving the area’s liveability for work and play.
Salford has been part of an ambitious regeneration and development programme, providing new opportunities for further economic growth and investment. Salford quays area has seen an especially significant amount of regeneration, bringing forward new homes, new office spaces and new leisure facilities.
The Salford central masterplan is a 20 year regeneration initiative. It is one of the largest development projects in the UK. Ranking 25th out of the countries 100 biggest regeneration projects.
Manchester is home to two significant teams in the world of professional football, Manchester United and Manchester City. Manchester United boasts over 1-1 billion worldwide fans and is one of footballs bigger flagship clubs, being significantly popular in major markets such as China as a direct result of the clubs remarkable success through the 1990’s and even in the 2000,s, two full decades of great success. More recently, Manchester United's success has been directly challenged by their neighbours Manchester City, who burst onto the scene in 2008, once being taken over by HRH Sheikh Mansour Bin Zayed Al Nahyan – the deputy prime minister of the United Arad Emirates. As recent as 2019, Manchester city won the English Premier League for the 4th time in just seven years, a remarkable achievement.
Both the giant football teams from Manchester, both United and City, have brought great exposure to Manchester, with both teams actively competing in European competition, more fans can view them from around the world, meaning the potential for exposure is forever growing.
In the 80’s and the 90’s Manchester has offered an abundance of worldwide famous musicians, such as The Stone Roses and The Oasis. Both of which, have sold millions and millions of albums globally, selling out stadiums all around the world consistently. The lead singer of The Oasis – Liam Gallagher has performed globally, even performing in Dubai, Beijing and Shenzhen to name a few since 2017 alone.
Not just football teams and worldwide musicians, but Manchester is also the birthplace of significant names in the History of Science, Technology and politics too. Read More…
Manchester is, in fact, just the second most visited city within the whole of the UK, which is having a huge impact on Manchester’s property and accommodation. Manchester sees over 119 million visitors, and supports over 92,000 available full time jobs.
Manchester is also seeing more direct flights from Manchester’s international airport, as well as seeing an increase in visitors from the Middle East as well as Beijing and Hong Kong.
Manchester is rich in culture and is a city that is poised to capture all of the benefits from the global growth in tourism.
Manchester is a city that connects the world. The city offers residents and travellers direct routes to many major cities in the UK as well as major cities all around the world too.
Manchester has a variety of high-profile projects which are currently underway. Funded by local and national government and international institutional investors, these are a few projects that are all set to transform the city of Manchester for the better. These will make Manchester even more accessible as well as altering the scenery too, making Manchester a much more aesthetically pleasing area to live, something for all residents to enjoy and appreciate.
Manchester has a real estate sector that is continuing to appeal to property investors, not just on a national basis but worldwide too. Appealing to international investment.
With the rising population in Manchester, there are more global businesses relocating and expanding to Manchester City Centre and the expanding economy, Manchester’s property market is struggling to keep up with the rapid pace of growth, struggling to match the demands. Manchester’s current population is rising at a rate 15 times faster than the rate of new homes being built.
Since the year 2015, the overall price per square foot for a new build residential property within Manchester had risen by nearly 32%- a staggering growth statistic.
The City Centre of Manchester needs to produce 2,500 new homes per year in order to meet the current demand, let alone the future demands of the forever growing population of Manchester.
In the last decade, only 1,150 new properties have been developed per year, meaning that meeting demands is proving to be a huge struggle.
For years now, global investors looked towards the UK for investment and typically opted for London as the returns on investment in the capital would typically outperform any other region in the UK. However with property prices soaring in the capital, the rental yields decreased whereas the north west region, especially Manchester, continued to grow and grow, proving the more favourable option to investors now. London has now got the slowest rate or price growth in properties compared to any region in the country. Many investors have now turned to Manchester in order to achieve the highest possible capital growth from UK real estate.
In the year 2019, the average price of a property in Central London was £1.55million , whereas the average then in Manchester’s city centre was £214,881.
Yearly, property growth for London in August was sitting at just 0.2% whereas the prices in Manchester increased by 4.5% throughout the same time period.
London also now has the slowest yield growth in the country too while properties in Manchester are generating roughly 69% higher returns on investments than London as a whole.
North Property Group is one of the few remaining independently owned sales, lettings and investment agents in England. This allows us to work exclusively for the benefit of our clients helping them to buy, sell, let or rent properties across the UK.
Our experienced property professionals are committed to finding you the best solution for your property investment. We take a truly customer-centric approach and will be there with you for every step of your investment journey: from the initial search, to the management of your investment and through to when you’re ready to sell. We are the only company that will manage your investment every step of the way.
North Property Group is trusted across the globe to provide high-quality property investment opportunities across the UK. Whether you’re a new or established investor, we will find the right property for you.