Manchester is now the capital of the North, with a booming economy and a housing market rivalled only by London in terms of percentage increases in property value year on year. Manchester city living continued to be hugely popular throughout the recession, and it was during that time that we saw an exponential growth in rental demand, which is yet to subside.
For this reason, developers have seen, and are continuing to see, the enormous potential in the city, and despite the large selection of developments already available, new properties are springing up all the time. Moreover, the tenants keep on coming: demand continues to outstrip supply by a hefty margin. Meanwhile, landlords are taking advantage of generous rental yields of around 8% on average, leading to more and more investors pumping their cash into the city’s property market.
Just as we did twenty years ago, we continue to support developers with our expertise, acting as consultants to the industry. Unlike many other local agents, we are specialists in dealing with new-build properties, not just re-sales.
If you’re planning to develop in Manchester, we have the knowledge and experience to carry out professional site appraisals for new-build developments. We can offer in-depth insights not just into the site itself and its viability for your project, but also about the area you’re looking at and its sales potential. We tailor our service to your needs; for example, we can run surveys with your target market so that you can be sure about whether your properties will sell, and we will work with you to generate site plans and time scales, developing a package for your development experience from planning to selling and beyond.
Our abilities in this area mean that we are the chosen and trusted selling agent for many new-build developments and conversions.
We keep up to date with the latest sales technology, using all major property portals alongside social media and first-class estate agency software to ensure that we are at the top of our game.
To give an example of our place in the market and our success, we have played an instrumental role in the recent relocation of the BBC to Salford Quays, housing countless employees, working closely with relocation companies and our contact network in London to ensure a smooth transition. You can read some of our client testimonials here.
We’re committed to regeneration and expansion both within and outside the city centre. If you’re a developer with a project that needs some direction, get in touch with Julie today for an informal chat about your plans and to find out how we could help you.
Please email Julie Twist directly at firstname.lastname@example.org