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    One of the UK’s Fastest Growing Cities

    What makes Manchester investment so appealing? It’s not just the city’s strong economy, but also its property market, with some of the UK’s highest yield rates and growth with JLL predicting an increase of 18.8% by 2028. This guide dives into Manchester’s rising economy, thriving property market, and the lifestyle that complements investment choices – learn how these elements combine to establish Manchester as a prudent investment destination.

    Manchester is pulsating with a dynamic economic energy, boasting the status of having the second largest city region economy in the UK after London, reflected by an impressive £78.7 billion Gross Value Added (GVA). Looking forward to enhancing its local economy projections indicate a GVA increase for Manchester amounting to approximately £2 billion by 2026 – a rise powered largely by industries such as information and communication along with the finance and insurance sectors.

    Manchester stands as a pivotal contributor to the UK’s Northern Powerhouse initiative, which is designed to enhance economic expansion across England’s northern regions and mitigate London’s predominant economic influence. Boasting more than 2.8 million residents, Greater Manchester plays an instrumental role in bolstering the Northern Powerhouse by presenting vast opportunities for investment due to its sizeable population.

    Investing in property within Manchester reveals a vibrant market filled with potential. The city boasts attractive rental yields, typically between 5% and 7%, and even higher in some districts, reflected by an average rent of £1,267 across the city. Compared to London’s steep average of £723,000 for properties, Manchester’s more modest average price tag of £231,110 as of 2023 makes it a much more accessible point for investment while still offering considerable rental returns.

    Quality of Life

    Manchester stands out as a city offering an exceptional balance between work and personal life, ensuring a high standard of living. Among its benefits are:

    • The average cost for renting a two-bedroom apartment constitutes merely 24% of the typical monthly income, which is considerably lower than in London.
    • Over half the graduates opt to remain in Manchester after completing their studies, demonstrating its allure among young professionals.
    • It maintains itself as a continuous center for prospective long-term rental opportunities.

    Indeed, affirming its reputation for excellent quality of life, Manchester was acclaimed by the Economist as the UK’s Most Liveable City in 2022 .

    Adil Sheikh
    Adil Sheikh
    9 April 2024
    The team at GETS property are wonderful, I can’t recommend them enough. I’ve only worked with Scott and Taryn, but they really know how to look after their clients. They were more than happy to advise and educate me whilst I was new to the world of property investment and helped me secure a deal on a property that I am really excited about. I look forward to working with the team again soon!
    Ellie Smith
    Ellie Smith
    6 October 2023
    What an amazing company ! I have today exchanged on my first off-plan apartment in my favourite northern city, and it’s so exciting !! Gerallt and Taryn in particular have each been amazingly helpful and very supportive ALL the way through what is a first time process for me , explaining to me each step in detail from choosing and negotiating through to exchange and beyond. I am truly impressed with these people . I’ll be off soon for a drink to celebrate but just to say everyone needs a G&T in their property journey for sure !….. 🍸
    AJ Edwards
    AJ Edwards
    4 September 2023
    We would highly recommend Scott. This would be our first Property Investment, he went over & beyond what was asked. Very knowledgable and provided us with a vast amount of options to choose from. Their office space is cool too.
    Raminder
    Raminder
    24 August 2023
    Thank you Geralt for all your advice and understanding our investment requirements. Geralt’s rapport with the developers also made us feel comfortable about the investment . Definitely recommend their firm and look forward to our first investment journey with them.
    Rebecca M
    Rebecca M
    20 June 2023
    Extremely knowledgeable and well connected with the clients and communities best interests at heart. I would recommend
    Jack Benson
    Jack Benson
    16 June 2023
    Very knowledgable and helpful people. Thank you so much!