Property Investment in Manchester

ROBERT JONES PROPERTY İNVESTMENTS Location, Location, Location... PROPERTY INVESTMENT IN SOUTH MANCHESTER? South Manchester offers a lot of opportunity for property investment. This infographic explains why and gives you an insight into its potential. South Manchester is an area of the North West that offers the best combination of: Tenant demand Rental Capital Growth Potential Returns Heres why... South Manchester has the highest HOUSING DEMAND & SUPPLY proportion of Owner Occupied Housing Stock compared to all other Manchester Regions. The South Manchester market has the SUPPLY highest proportion of properties with 3 or more bedrooms, compared to all of the other Manchester regions 55.9% of the stock 67% OF ITS HOUSING STOCK HAS is owner occupied 3+ BEDROOMS 23.5% of the stock is private rented So it offers more properties suitable for longer-term family homes for single let tenants - or the potential of a conversion to a multi let residence The local council's Draft Core Strategy (for new build developments) only provides a provision of 5% of new homes in the region, because of the limited site availability. This restriction on future supply will put pressure on the house prices. The overall population is increasing, The average size of a typical "household' in the Manchester DEMAND this will increase the demand for region is declining housing - particularly multi-lets HoUsE PRICES Although there are still some lower-priced pockets of housing available within South House prices in the Southern section of Manchester, the high demand for housing will Manchester are currently the highest in the keep these prices rising. In most areas, whole of the Manchester region and have terraces & semi-detached properties are seen the largest growth during the last cycle already back to their 2007 peak prices 3 LOCAL ECONOMY Compared to the rest of the Manchester regions, the southern Manchester sub market is showing the highest increases in: ul Economic growth According to economic predictions, Greater A Key employment indicators Manchester is expected to weather the storm of the economic recession better than the rest * Stability of the North West In May 2009 £1.5 BILLION WAS AGREED FOR 15 TRANSPORT SCHEMES IN MANCHESTER These include the extension of the metrolink out on two major lines across the south, linking it with the city centre and other areas. SUMMARY The increasing population, The return to peak property housing demand - and South Manchester offers limited availability of building great stability and a safer bet for capital growth than most prices in most of the region land - in the region is makes it hard for investors to invest in the area solely for discount & yield. But keeping prices high even other regions, and is a market though sales activity is low to consider if this is your main investing criterion the area still has lots of other advantages Infographic brought to you by www.PROPERTYINVESTMENTSUK.cO.UK Data sourced from: Greater Manchester Strategic Housing Market Assessment 2010 & Manchester Housing Demand Study Final Report 2010, Manchester Metrolink