Manchester Now No.1 UK Investment Destination
“Dubbed the “Northern Powerhouse” or “London of the North” Manchester has emerged as the UK’s 2nd city in a big way, and the No. 1 investment destination for Overseas Investors. With yields and affordability disappearing in London, Manchester offers the best opportunity for property investment. With HS2, Airport City Development and the massive regeneration going on in Piccadilly, Ancoats, and Salford; Manchester represents one of the few sure-fire investment opportunities in today’s global investment climate. Demand for current Manchester flats stands at 6,000 units per year, with currently only 700 units being completed per year with future plans at only 1,500 completed units per year until 2020, putting immense pressure on prices. Manchester is now predicted to rise over 26% by 2020. Downtown represents an opportunity to invest in a prime location and is considered both the largest and the most luxury development to ever be built in the city.