Valuations
Property News Feed
Buy-to-let market still strong in Manchester, says Savills
04/02/2008
The rental market in Manchester remains healthy despite global concerns about credit and the national anxiety of falling house prices, it has been claimed.
According to leading real estate agents Savills, there is a high level of interest from buy-to-let landlords, many of whom are no doubt keen to profit from the city's strong student population.
Savills spokesman Tom Rogers said that while it is natural for investors to become more cautious, property deals in Manchester are still numerous.
"The rentals are always very good in the Manchester city centre; from a buy-to-let basis people are achieving rents that are paying the mortgage so it's not too bad."
According to the latest figures from the Land Registry, house prices in Greater Manchester grew by 6.8 per cent in the 12 months to November.
THINKING OF INVESTING IN PROPERTY IN MANCHESTER?
Residential Property In Manchester
Click here to register for ALL residential property for sale in Manchester.
or click here to register for ALL residential property to let or rent in Manchester.
Manchester Commercial Properties
Click here to register for ALL commercial property for sale in Manchester.
or click here to register for ALL commercial property to let, rent or lease in Manchester.
Bookmark with:
Delicious
Digg
Reddit
Facebook
StumbleUpon
(What are these?)
Social bookmark links
The social bookmark links enable you to share content you find on our site with other users who may find it of interest. If you have an account with any of these sites, just click the link to instantly share this feature with other users or alternatively you can sign up for any of them in a matter of minutes for free. For more on social bookmarking you can read the Wikipedia article.