Manchester Rents Continue to Soar as Rental Availability Reaches Record-low Rates

April 5, 2022

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Article Summary

Manchester
  • The area of Sale has boomed in popularity in recent times and could be a consideration for a property investment in Manchester if a secure, tenanted investment is a priority.

  • Sale has great transport links, making it ideal for commuters. The M50 and M56 motorways are on Sale’s doorstep and the M61 is within easy reach.

  • This area of Trafford also has fantastic amenities, making it another possible contender for a place to make a property investment in Manchester.

An area of Trafford in Greater Manchester has become one of the region’s most in demand places to live with houses selling in less than 24 hours. Demand has also had an impact on the area’s property prices, with house prices in the Trafford suburb jumping by 5% over the past year.

 

Trafford’s centre

It is the centre of Trafford that is seeing the biggest rise in demand. The area of Sale has boomed in popularity in recent times and could be a consideration for a property investment in Manchester if a secure, tenanted investment is a priority.

Since 2019, the average property price in Sale has jumped from £301,368 to £344,750. This is considerably higher than the Greater Manchester average of £260,000, but due to the region’s popularity it is unlikely that a property would go untenanted.

 

Excellent transport links

But what is it about Sale that makes it so popular with residents and a possible location when investing in property? First of all is its transport links, making it ideal for commuters. The M50 and M56 motorways are on Sale’s doorstep and the M61 is within easy reach.

 

In addition, the Metrolink and the A56 both run through Sale, giving excellent access to the city centre by bus, bicycle and car.

Many of the region’s employment hubs are also easily accessible, such as Media City, Manchester Airport, the hospitals, the universities and more.

 

Fantastic amenities

This area of Trafford also has fantastic amenities, making it another possible contender for a place to make a property investment in Manchester. The suburb has numerous shops, bars, restaurants, cafes and even a water park.

 

For families there are a number of highly commended schools. And the recently-developed Stanley Square has only added to Sale’s popularity.

In fact, this area at the centre of Trafford was voted the fourth best place to live in all of England.

 

Get in touch

Take advantage of the booming rental demand and find out how to make a Leeds property investment or where to buy an investment property elsewhere in the UK. Book a free consultation with North Property Group today to learn more.

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