JLL reports that property prices rose by 15% and rents by 11%, as a rising population competes for dwindling levels of accommodation
Manchester looks set to cement its place as one of the UK’s property investment hotspots in 2017 again.
By 2025 2.85 million people will live in Manchester. It’s not only the fastest growing population outside of London, but also one of the youngest. 60% more 25 to 29-year-olds live in Manchester than the UK average, while almost 20,000 graduates from Greater Manchester’s universities each year decide to enter the job market in the city.
Supply struggles to cope under sustained buyer and tenant demand continues to drive returns for investors.
Interested to find out more please check our
invest in Manchester article