Article Summary

An essential part of Manchester’s economic and urban development is played by its academic centres. Manchester’s higher education scene has convinced around 100.000 students to enrol in its universities. The city is thus one of the greatest student centres in the UK, and in Europe.

Some of Manchester’s most attractive features to the undergraduate and graduate population are its cultural diversity, the vibrant nightlife and affordable prices.

Manchester University, Manchester Metropolitan, University of Salford, University of Bolton and Royal Northern College of Music are listed as the most renowned higher education institutions in the city. Based within and around Manchester, these universities are highly rated, both nationally and internationally. Manchester University is one of the top universities in the world, according to Times Higher Education and The Guardian. It is ranked among the top 50 universities globally and the top 30 in the UK.

With its main universities concentrated around the main Oxford Road district, the demand for student property in Manchester city centre is at its peak. This creates a profitable climate for property investment and buy-to-let investors.

The city’s profile, its skilled and diverse workforce continue to appeal to students even after they complete their studies. More than half of Manchester’s recent graduates decide to stay on in the city. This constant inflow of students and young professionals is creating a growing demand for high-quality, well-located rental properties.

Manchester’s skilled student population

Many students choose to study at Manchester because of its excellent facilities and wide range of courses. The city is home to the UK’s largest student population outside of London.

It has been established that, overall, 1 in 5 Manchester students are international students. A third of the students at Manchester University are international, while over 6% of those enrolled at Manchester Metropolitan come from outside the UK.

The city council has published research at the end of last year to reveal its vision and urban strategy for the near future.  The study highlights the role of Manchester’s skilled student population in helping to shape a sustainable and prosperous city.

The attraction and retention of graduates in Manchester is encouraging business start-ups and inward investment.

Property investment in central Manchester

When it comes to property investment opportunities, Manchester is a land of plenty.

Furthermore, research is showing that the soaring rise in population outpaces residential constructions, with significant impact on rental costs. This is a good time to invest in property, as you are likely to see strong rental income and capital growth.

NPG has several developments ideally located in the city centre, within walking distance from Manchester’s top universities. The Bailey is currently in the spotlight, with very profitable rental yields and convenient payment plans.

Contact us

To learn about current property investment opportunities in Manchester, or to find out more about how property investment works, get in touch with the experts at North Property Group today.