{"id":584,"date":"2016-06-13T13:17:51","date_gmt":"2016-06-13T13:17:51","guid":{"rendered":"https:\/\/doubleglazinganddoorsmanchester.co.uk\/?p=584"},"modified":"2016-06-13T14:54:02","modified_gmt":"2016-06-13T14:54:02","slug":"investing-property-manchester","status":"publish","type":"post","link":"https:\/\/doubleglazinganddoorsmanchester.co.uk\/investing-in-property-in-manchester\/","title":{"rendered":"Investing in Property in Manchester"},"content":{"rendered":"
Manchester is the 3rd biggest city in the UK, a large area with different property markets from low-value terraces to city centre apartments has great potential for property investment. Steady population growth has created strong demand by homeowners and tenants.<\/p>\n
East and North Manchester has low price properties with great rental yields, therefore, good choice investors.<\/p>\n
West Manchester offers mixed opportunities balancing Capital Growth and Rental Returns.<\/p>\n
South Manchester offers best opportunities for solid HMO demand and highest potential-&historical- for capital growth.<\/p>\n
Finding market rent for Manchester Properties <\/strong><\/p>\n Why invest in Manchester? Manchester offers the best combination of the following factors.<\/p>\n 1) Housing Demand and Supply<\/strong><\/p>\n These key factors affect housing supply and demand in South Manchester.<\/p>\n Housing Supply<\/p>\n South Manchester market has the highest quantity of properties with 3 bedrooms or more than other Manchester regions. 67 percent\u00a0\u00a0 of its housing stock has 3 or more bedrooms offering more houses suitable for long term family residences for single let tenants. It also has the potential for conversion to a multi-let residence.<\/p>\n South Manchester has more Owner Occupied Housing Stock than other Manchester regions. 55.9% of region’s homes are Owner Occupied while 23.5% are private rented.<\/p>\n The local council Draft Core Strategy for new developments provides for just 5% of new homes because of the limited site. Restriction on future supply shall pressurize house prices.<\/p>\n Housing Demand<\/p>\n