Investing 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. Manchester's growing population is a key reason so many companies have invested in relocating to the city, with 80 FTSE 100 having set up camp in the city, it is now attracting some of the biggest companies in the world.
With high numbers of former students choosing to reside permanently in Manchester after graduating, it is having a huge effect on the numbers of young professionals buying and renting homes in the area.