George Street
Altrincham, Manchester
George Street offers four luxury apartments in one of Manchester's most desirable neighbourhoods, Altrincham town centre
Price
£240,000
Are you looking to secure passive income through buy-to-let properties in Manchester?
At BuyAssociation, we specialise in sourcing high-quality property investment opportunities directly from leading developers in the UK.
Our goal is to create a pathway for our investors to gain access to new projects, connecting them with experienced developers in enabling them to get ahead of the market and secure exclusive discounts.
We work closely with developers both regionally and internationally, with a focus on prime locations such as Manchester, Birmingham, Liverpool, Stockport, Salford, and Leeds. BuyAssociation will guide you through a streamlined and straightforward investment process, and help you acquire strong investments that offer excellent returns.
Contact us today to discuss how we can help you secure your next buy-to-let property in Manchester.
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Investing in Manchester’s residential property market is a smart choice, fuelled by the city’s rapid growth, strong rental demand, and robust infrastructure.
As one of the UK’s fastest-growing cities, Manchester’s regeneration, thriving economy, and young population drive its strong property market, appealing to both buy-to-let investors and those seeking capital gains.
Manchester has overtaken London as the best English city to invest in for several indicators, including record house price growth and strong economic growth forecasts.
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Manchester has continued to expand and excel in the property investment and buy-to-let markets, proving evermore popular with residents moving into the city.
Manchester is an attractive place to invest because it is an attractive place to live – demand is huge. Named in Time Out’s ‘Best Cities in the World to Visit’, Manchester boasts everything residents could need. From top-rated universities, accessible transport links, tourist attractions, globally renowned businesses and employers, green space, evolving infrastructure and a range of property asset classes and neighbourhoods.
Manchester’s rental market is largely fuelled by the volume of 20-34 year olds, whether that be post-graduates or working professionals, looking to live in the city centre. Demand often clusters in the city centre, where the current supply of modern flats and homes still fails to meet the demand seen.
‘Generation Rent’ is another demographic fuelling the demand for property in the centre. This phenomenon of working professionals who choose to stay and rent in the city centre often looking to quieter neighbourhoods on the edge of the city such as Ancoats or the Salford side of town.
Manchester City Centre has thrived with business opportunities across sectors since the Industrial Revolution. As the largest UK city economy outside London, Manchester consistently attracts reputable businesses. Young professionals are drawn to its high salaries, unique career prospects, and job growth.
This makes the city an attractive target for property investors. Over 32% of the housing supply in Manchester is privately rented, and rental yields reach 8% in key areas.
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Manchester is a city which offers a variety of residential property investment opportunities, including:
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Thanks to the ongoing regeneration and creative development schemes, Manchester has earned an unmatched reputation for an opportunity in its property market. The multi-billion-pound regeneration scheme that has transformed the city in both transport and business sectors has stimulated a huge influx of investment interest over the last few years.
From the successful urban regeneration project of Spinningfields, which now houses over 165 financial and commercial organisations, right through to Manchester Airport’s expansion plan, aiming to accommodate up to 50 million more visitors annually by 2024. The development plans scheduled for Manchester aim to completely evolve the city.
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Manchester boasts one of the UK’s most connected and accessible cities, thanks to its efficient public transport network.
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Manchester has become a global focal point for research, enterprise, and industry.
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Manchester is one of the UK’s leading cities for all housing provisions. Build-to-rent is just one of the investment strategies that many of Manchester’s landlords are earning high returns. The Build-to-Rent properties in Manchester feature high-quality security systems, sleek and modern design, and facilities that make this type of property second to none.
Demand for residential property investment opportunities spreads across the whole of Greater Manchester and into neighbouring towns.
Historically, demand has clustered in the centre, and this shows no sign of slowing down, with the city’s population forecast to increase over the coming years.
Manchester city centre continues to expand and evolve year-on-year, with new neighbourhoods being absorbed into the city’s core in all directions.
Beyond the established areas of Deansgate and Northern Quarter, the rapid construction of high-rise towers and refurbished buildings across the city centre still struggles to meet the huge levels of tenant demand. New residential districts continue to emerge across the city.
Manchester’s excellent transport links means that people who live beyond the city’s core still have access into the centre via train, tram, bus or the road routes. Some favoured neighbourhoods lie in the north and south of the city along the main Metrolink route.
North of the city, Prestwich is a standout; in the south, neighbourhoods such as Altrincham and Didsbury are popular. Manchester’s suburbs are home to affluent demographics and top-rated schools, with direct access into the city as well as their own active social scenes and green spaces.
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Interestingly, Manchester’s neighbouring towns are now also gaining traction. The job opportunities, transport links and social scene in Manchester means even those in neighbouring towns can enjoy all that the city has to offer.
Stockport continues to make headlines as the up-and-coming place to invest in. With direct transport links into Manchester city centre and a buzzing social scene, it can be a more affordable option in a trendy area.
At BuyAssociation, we source investment opportunities by conducting significant research on data and statistics, market forecasts, average property prices, economic growth and tenant demand. By paying attention to exciting locations with endless opportunities in industry and property, we can acquire developments that will maximise property portfolios. It is crucial as a property investor to focus on locations with strong metrics and positive forecasts.
Whether you are a first-time investor or an experienced property buyer, the following primary factors should always be considered when searching for advantageous investment property:
Taking into account the intended value of your property once it comes to reselling is vital for achieving capital appreciation. As part of your location research, take a look into the significantly higher valued homes and where they may be placed across the city. You want to ensure that the price you pay for a property is worth exactly what you pay, factoring in any additional costs such as requirements for renovation, property taxes and maintenance.
City centre living is popularising in many key cities across the country. For this reason, many tenants are willing to pay a high rental cost for the convenience of living in a central area in close proximity to universities, businesses and retail. By researching the average rent charges of different locations of interest, you will be able to accurately estimate the rental costs you should be charging. Similarly, it is essential that the location you pick has constant rental demand in order to avoid void periods and loss of income.
Investing in a prime area predicted for strong future growth is crucial to your decision making. By analysing the forecasts for population and economic growth, you should be able to narrow your search. As an increase in population occurs, the demand for housing correlates, leading to an even larger increase in investment opportunities.
Many of the UK’s biggest cities have transformed into specialised business hubs for a variety of sectors. By looking into the prospects for careers and upcoming jobs in different areas, you should gain an understanding of how likely people are to move to that location. Most of the UK’s thriving cities are also prominent for business, meaning that a rise in population is inevitable where people wish to relocate to advance their careers.
Our property investment company is committed to granting our investors access to developments in the UK’s most desirable locations and offering helpful and honest advice. From luxury accommodation to New York-style apartments, the possibilities are endless when working with a consultancy that focuses on diversity and trends. Our forward-thinking approach ensures the ongoing deliverance of remarkable discounts, helpful property advice and a streamlined investment process from start to finish.
Once your investment has been secured, we smoothly hand over to the vendor, enabling you to finalise your investment hassle-free. We make it our mission to keep a comprehensive paper trail of each step of the process, offering the reassurance you deserve to feel comfortable and confident in your investment. We understand that everyone’s investment journey is different, which is why we do things differently at BuyAssociation. If you’re an investor looking to build your portfolio and want to benefit from our bespoke services, contact us today on 0333 123 0320.
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