Places to Check Out when Looking for Manchester Property

Manchester is a historic city in the northwest of England. With a population of over half a million people, it is the fifth largest city in the UK. Manchester has a long and rich history, and this is reflected in its architecture.

From Victorian townhouses to modern office blocks, there is a wide range of Manchester property types to be found. Victoria Square is home to some of the most iconic buildings in Manchester, including the Gothic Revival-style Town Hall and St Peter’s Square, which contains an impressive cenotaph commemorating the city’s war dead.

Elsewhere in Manchester, you can find Georgian townhouses on tree-lined streets, purpose-built student accommodation, and luxury apartments with views of the city skyline.

Here are the places to visit when Manchester property:

1. Salford

Salford is a suburb of Manchester, located just minutes from the city center. It is a lively area with a lot of potential for growth. The yields on investment properties in Salford are excellent, making it an ideal place to invest in buy-to-let properties or cash-flow positive HMOs. The close proximity to Manchester also makes Salford a great place to live, work and raise a family.

There are plenty of amenities and activities available in Salford, making it a desirable place to call home. If you’re looking for an investment property with strong potential for growth and high returns, Salford should be at the top of your list.

2. Manchester City Centre and South Manchester

Manchester is currently experiencing a boom in property growth. This is excellent news for investors, as it means that capital appreciation and rental yields are both high. The tenant profile in Manchester is also very strong, making it a great place to invest in buy-to-let property.

However, it is worth noting that rental yields in Manchester City Centre and South Manchester can be slightly lower than in other areas of the city. Nevertheless, Manchester is an extremely solid investment option due to its current growth rate and strong tenant base.

Manchester is a great place to invest in property. Not only does it have a strong economy and a growing population, but it also has a thriving resale market. This means that flip projects can be very profitable, and if you are just after good capital growth and rentals, you don’t have to look far from Manchester. The city has a solid tenant profile, and there is a strong demand for rental properties. So, whether you are looking for short-term flips or long-term rentals, Manchester is a great place to invest in property.

3. Castlefield

Over the past few decades, Castlefield has undergone a transformation from an industrial area to a thriving residential and commercial district. Located just south of Manchester City Centre, it is now home to a mix of apartments, restaurants and businesses. The Canal Street area in particular has become a popular spot for nightlife, with its many bars and clubs.

In 2019, plans were put forward to demolish the remaining dilapidated flats and replace them with 188 new homes. Play space, parks and open spaces will also be included within the plans. With its central location and array of amenities, Castlefield is an increasingly desirable place to live and work.