Buying in Manchester right now is a profitable choice, with investors already attracted by the higher rental yield compared to London properties. Its growing economy and 2.73 million people already make Greater Manchester the largest economic hub after the capital.
The city centre population grew 16.9% between 2004-2014 alone and now stands at 520,000. Central Manchester's growing population is a key reason why so many companies have invested in relocating to the city; with 80 FTSE 100 having set up camp in the city, Manchester is now attracting some of the biggest companies in the world.
A significant number of young professionals are buying and renting homes in Manchester, with high numbers of former students choosing to reside permanently in the city after graduating.