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Why Property Investment Manchester Has Become Popular

Why Property Investment Manchester Has Become Populare

 

Investors from around the world are heading to the Northwest to make property investment Manchester an increasingly popular choice.

Indeed, the city dominates surveys looking at where the hotspots for UK property are and there's no doubt that the massive infrastructure investment taking place in the city is also having an effect.

There's more than £1 billion being invested in the Northern Powerhouse initiative and, along with more jobs, there is a need for more accommodation.

One leading international real estate firm says that over the next five years Manchester is their number one prospect for those who are looking for residential price growth as prices could rise by 4.2% there and by 2.4% elsewhere.

Properties for sale Manchester

Alongside this, Manchester is also home to one of the UK's largest student populations - there are 85,000 students attending four universities - and they all need somewhere to live which is why properties for sale Manchester are being snapped-up.

What's more, around 50% of students decide to remain in the city, that's the highest retention of students after London, and they are boosting demand for rental properties.

Not only are people wanting to live in the revived city centre with young professionals and students leading the charge - around two in three properties in the centre of Manchester are homes to rent.

Rely on reputable Manchester letting agents

In addition, rents look set to rise by 3.5% every year until 2020 which means for investors wanting to exploit lucrative opportunities they will need to rely on reputable Manchester letting agents to help deliver quality tenants and collect rents.

In the suburbs there is strong demand in the well-known spots of Castlefields and Piccadilly and the Northern Quarter but there's also growing demand for other areas such as Northenden and Wythenshawe.

That's because both areas have some real property bargains available and are well connected by road and rail to the rest of the city, particularly to the booming jobs sector at Manchester Airport.

Whatever the needs of a property investor, it's important that you research thoroughly the potential of your investment and seek the advice of professionals, preferably those who are local and understand how the market works.

This will mean speaking with the friendly team at Bergins because for all things to do with property investment Manchester, Bergins can help with the buying and letting of property, regardless of where the investor is living.

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3 bedroom detached house For Sale in Manchester - Property photograph.
3 bedroom detached house For Sale in Manchester - Property photograph.
3 bedroom detached house For Sale in Manchester - Property photograph.

Chedworth Drive, Manchester, M23

£385,000.00
View details about 3 bedroom detached house For Sale in Manchester New

Dear Tony and Mike Guys I just wanted to drop you a line to say a big thank you for all you have done to help me with the sale of my home.After trying to sell my house for a year with other agents and getting nowhere, you sold it after only three days at the asking price.You called me when you said you would.You answered all my questions and went beyond what I would of expected. A brilliant brilliant service I can't thank you enough. I wish you both the very best for the future 

David Sydenham

Dear Tony Mike and Anna Thanks so much for all your hardwork getting my house sold ! Your efficiency is second to none and it was great to be able to sell my house without the usual "estate agents" headaches!

Helen M

Dear Tony and the Staff of Bergin’s, On behalf of my sisters and myself I would like to thank you all for your advice, and support with regard to the sale of our late parent’s house. You took all the strain from us at a very sad time in our lives. We all would recommend you and your company to anyone. Kind Regard and wishing you every success in the future.

Gill Robinson, Valerie McCarthy, Christine Scanlon

Dear Mike Our sincere thanks to you and Bella for your support in the sale of my late fathers home we have never been represented by a estate agent before, you have been most helpful and re assuring i would like to thank you so much for your patience and determination over the last 6 months. Its been a pleasure dealing with you.

Elaine Lomax - 02/09/2016

Dear Tony and Mike I just had to write to say thank you once again for everything you have done for us. The thought of having to sell my late fathers house was filling me with absolute dread, having never bought or sold a property before I didn't know where to start. From the moment I met you though I felt completely at ease, you took all the stress and worry away and within 24 hours the house had been sold and you had arranged a lovely solicitor to take care of the legal side. I'm still amazed at how smoothly everything was, especially as I have 3 siblings who were also involved in the process. I keep seeing houses that have been on the market for a while and I want to knock and say, "get in touch with Tony and Mike at Bergins, they'll soon have your house sold". Thank you again guys for everything, you run a top class business

Jane Busby
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