Are you looking for a below market value buy to let investment property in Manchester? Buying either a repossessed property, a property for refurbishment or an auction property is the most likely route to achieving this. Repolist is the UK?s largest real time database of properties of this kind. Repolist will save you Thousands of pounds and lots of man-hours in your search for the right property investment in Manchester.
Manchester is the second most populated city in the UK with an urban area population of 2.55 million. Manchester is the second largest city economy in the UK after London. It is the home to 105,000 students spread across the four universities of Manchester, Manchester Metropolitan, Salford and Bolton. As a result of this there is always a demand for quality properties that provide a high yield. Additionally students tend to organize and pay a deposit for their accommodation for the next academic year well in advance of the start of that year. This makes it easier for a buy to let investor to plan around void periods.
With attractions such as the G-mex, Manchester City FC, Manchester Utd FC and the famous Manchester nightlife, Manchester is also the 3rd most visited city in the UK.
Manchester Airport is the 3rd busiest airport in the UK by passenger numbers. Bringing jobs and prestige to this growing city.
Most property sales in Manchester terraced houses, which on average sold for £125,901. Semi detached houses on average fetched £175,252 whilst the average flat changed hands for £131,860 according to Rightmove.
The average rent in the city is £944pcm according to home.co.uk
Repolist has one of the largest selections of repossessed, refurbishment and auction properties in the UK today - start your search here.