The city is home to some of the finest universities and world-class sports clubs - and is a great place for keen property investors.
That's because it offers a combination of both potentially high-yield opportunities with strong tenant demand.
An increasingly attractive destination for business professionals
Manchester has had a major investment boost in recent years with various large infrastructure projects, such as MediaCityUK, and a major upgrade of the transport network, making it an increasingly attractive destination for business professionals and high earners who want to invest or rent a quality home.
But it's not just in the centre of the city where the demand is, there are also big developments on the outskirts. For example, Manchester airport has been redeveloped and there are large business parks close by that attract lots of new jobs.
There are also several universities in Manchester, making student lettings another viable option for landlords and investors.
And with the city's ever-increasing population, there's also the potential for high capital growth too - another bonus for investors!
Purchase properties in Manchester as an investment
There are several options available for those looking to purchase properties in Manchester as an investment.
You could try online property platforms and estate agents but for a successful property investment, you should consider the best letting agents in Manchester too.
That's because the agent will have a property for sale, know where the tenant demand is and have a list of potential quality renters on their books to make it easier for an investor.
One of the best estate and lettings agents in Manchester is Bergins so you could contact the friendly team to ask their advice about where to invest.
Looking for investment properties in Manchester
Essentially, it pays off to do your research when looking for investment properties in Manchester because you will need to understand current renting trends in the city, analyse potential rental yields and consider the demographics that you want to attract as tenants.
This is where the experience and expertise of Manchester letting agents really do help because they understand the market and can help meet your investment needs.
The bottom line is that the Bergins team will help ensure that you come out on top when making any property investments in the city - so contact them today to find out more.
