As the 9th best performing city in Europe, according to JLL, it is no surprise that Greater Manchester has been growing in popularity. Salford, once a Manchester’s lesser-known neighbour is now a city booming with investment opportunities and one of the hotspots to invest in Greater Manchester. It is predicted that over the next 10 years, the population growth rate in Salford will be higher than the rest of Manchester.
It is expected that Greater Manchester will continue to occupy a top spot on the list of property investment destinations in Europe, as it has been named the “No.1 Buy-to-Let Hotspot in the UK”. Greater Manchester’s economy is thriving and its GDP growth is predicted to continue to expand at a rate of 2.2 per cent annually until 2020, outperforming the rest of the UK.
Greater Manchester’s incredibly rich culture attracts tenants and investors, as it has been named 2016’s best UK city to live in. Read our Greater Manchester Property Guide to find out how to embrace the buy-to-let market, understand a little bit more about the city’s culture, which hotspot areas to invest in and what opportunities lies ahead.
Greater Manchester has been named the “No.1 Buy-to-Let Hotspot in the UK”
The percentage that Greater Manchester’s GDP is expected to rise annually until 2020
Average house prices in Greater Manchester have increase by 27% over the past 10 years
Greater Manchester consists of 10 boroughs, and is a prime investment destination
The region boasts excellent levels of economic growth, employment and infrastructure
Manchester was named 2016’s best UK city to live in because of its rich cultural offering
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