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All the ingredients to fuel an increase in demand for well positioned, high-spec accommodation for investors, and tenants, are in place in Manchester.
Manchester is a hub for business, and is home to 70 of the FTSE 100 companies and named as one of the top 10 European business cities. Manchester is cementing itself as a world class business and investment location, with world class companies such as the following attracted by the area: BBC, Barclays, BUPA, HSBC, M&S, L'Oreal, Kellog's, Adidas and Procter & Gamble
Manchester has long been known as being England’s “Second City”, a multicultural and creative hive and one of the coolest, most exciting places in Britain to live and work.
Manchester has invested heavily in transforming the city’s transport network. It’s not surprising that an increased number of commuters want to take full advantage of the highly organised and efficient public transport links.
There is a wealth of internationally acclaimed theatres, art galleries and museums, as well as a sports calendar full of world-class events. So it’s no surprise that it's the third-most visited city in the UK by foreign visitors, after London and Edinburgh, and the most visited in England outside London.
Example of projected returns on a one-bed apartment purchased at £154,995
|Year||Weekly rent £||Total rent £||Maintenance, management & letting (18% of rent) + ground rent of £350||Net rent £||Net yield %||Capital value at 4% growth pa|
|Projected returns after 10 years||£98,730||£65,611|
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If you’d like to know more about how student property investment could be for you, give us a call on 01582 228299 or email us at firstname.lastname@example.org. You can even book a time online here and we'll call you then, for an absolutely free, no-obligation informal chat
Manchester prices top the growth table at 8.8%
Despite government measures against buy-to-let, fewer landlords expect to sell
More graduates now studying for masters degree
Fears of a Brexit-induced fall in demand overdone....
Interest rate at or below current level for at least five years
"Having never purchased a student investment property we were a little curious as to how it worked, the risks involved and total costs involved....
"I looked at 5-6 student accommodation schemes, spoke to all of them.....
"Investing in any property is always a cause of some anxiety.....
"What has pleased me the most about Go Global Investments is their communication....