Manchester
Manchester combines the strongest regional economy outside London with a rental market where tenant growth has consistently outpaced new delivery.
£258,000
Average property price
6.9% (indicative)
Average gross yield
24.1%
5-year price growth
11.2%
Rental growth, 12 months
Greater Manchester's population is projected to grow by a further 100,000 people by 2035, with the city centre absorbing the largest share.
Around 100,000 students study across the city's universities, and graduate retention is the highest of any UK city outside London.
City-centre apartment delivery has slowed since 2023 as build costs and finance rates bite, tightening an already undersupplied rental market.
Victoria North
15,000 homes across 155 hectares north of the city centre.
Mayfield
£1.4bn mixed-use district beside Piccadilly Station.
ID Manchester
£1.7bn innovation district led by the University of Manchester.
Availability
8.1% projected NET yield on short-let approved units
Ancoats, Manchester M4
Developer: Castlefield Estates
Prices from £224,500
Capital at risk. Property values can fall as well as rise. This is for information only and is not financial advice.