Why Manchester is a leading UK investment market
Manchester is one of the best property investment locations in the UK. World-famous culture, outstanding lifestyle and convenient connectivity to the rest of the country and the world make it a great place to live.
Billions of pounds of investment, a booming economy, a world-class university sector, and thousands of highly desirable jobs make it somewhere people move or work.
A growing population, low construction rates and a lack of available housing – especially luxury city centre properties – make it the ideal place to invest. Whether you are a first-time investor or want to add to an existing portfolio, Manchester has everything you could ever need.
Manchester's Economy
Manchester is an economic powerhouse and unquestionably one of the UK’s strongest success stories. The city is growing fast thanks to a new modern economic revolution that puts it at the forefront of the fastest-growing sectors in the world.
The city's regional economy is worth more than £87bn, and new analysis from EY shows that it will keep growing at a rate of 2.2% per year until 2027. That is much faster than the national average of 1.9%.
The city's GDP per capita increased by 44% in the last Census period, from £35,739 to £51,330. This is the largest increase of any major UK city. The number of businesses in Manchester grew from 17,000 to 23,500, and the number of people employed in the city went from 350,000 to 426,000 over the same period.
Manchester's Regeneration
Manchester’s transformation can best be seen by looking at its major regeneration areas and landmark developments. They are changing Manchester’s skyline and upgrading its ambitions at the same time. These are the places where the future is built in the city. It is also where property investors have a big opportunity to invest now and reap the rewards for years to come.
With almost 30,000 more people coming to live and work in Manchester by the end of the decade, these regeneration areas will be where the future is built in the city. It is also where property investors have a big opportunity to invest in now and reap the rewards for years to come.
Major regeneration projects include Victoria North, NOMA, MediaCityUK, Great Ducie Street and First Street.
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