Investment Hotspots in Manchester

Manchester is known as the Capital of the North and it is a lucrative place for people to invest in property. It has recently been named the greatest performing area for the rise in house prices in 2013, with prices increasing by 21% over the last year.

Manchester is known as the Capital of the North and it is a lucrative place for people to invest in property. It has recently been named the greatest performing area for the rise in house prices in 2013, with prices increasing by 21% over the last year.

Whilst looking to invest in property, it can be difficult to know which area is right for you, so below is a brief guide of popular places within the city centre which are dubbed to be the future investment hotspots.

Ancoats is an urban, stylish place to live which is situated on the edge of the city centre. It offers a wonderful oasis of calm, whilst also being just minutes away from the wealth of bars and restaurants in the bustling Northern Quarter. The area is intensely historical, with its former industrial heritage still deeply embedded; old cotton mills have been converted into modern apartment blocks and flats and it has recently undergone substantial regeneration as a result of major investment.

Castlefield offers waterside living on the outskirts of the city. This area is saturated with new conversions and apartments. Many young professionals choose to reside in this area which is made attractive by its stylish bars and restaurants. Deansgate station is also close by which makes it an ideal location for commuters. Castlefield has a unique character with its cobbled streets and history which flows through the heart of the area; the Bridgewater canal is a perfect example of this which first opened in 1761.

Salford Quays is situated just outside of the city centre. It has recently undergone major regeneration and the move of the BBC’s Media City is also providing more opportunities and employment for people residing here.  The area is one of the most recent up and coming areas to live whilst it is flooded with historic achievements including a haunted Tudor House.

Finally, the Northern Quarter is known for being one of the most vibrant places within Manchester, with its nightlife and array of bars and restaurants. It has a unique and quirky character which makes it a popular place for young professionals and students. It is located close to Piccadilly train station making it easily accessible in and around the city centre.

If you’re looking for property in the Manchester area, Julie Twist Properties has a range of upmarket apartments in Manchester.