Property prices in Manchester have increased for the third year running. Manchester average property prices have increased by 7% over the last 12 months, with industry experts predicting further rises for 2018.
Higher rental yields, and the strong likelihood of capital gains have led to huge inflows of capital into Manchester residential and commercial property. International investors are also pouring money into Manchester city centre, with investors from China leading the way.
Higher rental yields, and the strong likelihood of capital gains have led to huge inflows of capital into Manchester residential and commercial property. International investors are also pouring money into Manchester city centre, with investors from China leading the way.
A number of city centre projects have recently been given the go ahead. These projects are set to enhance the Manchester skyline over the coming years.
New developments includea 40 storey skyscraper next to Deansgate locks, twin 36 storey skyscrapers on Water Street (on site of old Granada studios), and new apartment buildings in Castlefield Basin and Tib Street (in the Northern Quarter).
These projects are set to add to the many construction projects already underway in and around the city centre.
New developments includea 40 storey skyscraper next to Deansgate locks, twin 36 storey skyscrapers on Water Street (on site of old Granada studios), and new apartment buildings in Castlefield Basin and Tib Street (in the Northern Quarter).
These projects are set to add to the many construction projects already underway in and around the city centre.
