Purposed Built High Quality Accommodation:
No investment can ever be considered safe, but there are certain sectors, like buy-to-let, where you can minimise your risk.
Purchasing a buy-to-let property is once again being viewed as a way to generate a positive cash flow on your investment, as income is generated not only on rent, but from the capital appreciation gained on the property from the start.
Investors and Landlords are capitalising on the rising demand of boutique, high-quality accommodation in thriving city centre locations, in addition to the shortage of passable properties that fulfil tenants needs, to generate high returns, not found anywhere else in the UK’s property market.
Manchester is one of the strongest rental markets outside of London, due to a severe shortage of new-build stock for at least the past five years.
Manchester’s buy-to-let market is currently flourishing, with HSBC estimating that investors could make up to 7.98% gross yields.
The booming population has seen a 19% increase in the last decade to 2.55 million. Plus, with exciting transport projects such as HS2 and One North providing high speed connections to the city, the growth doesn’t look set to stop.