News by Rialto Property Agent

Manchester UTD New Stadium

Mon, 17 Mar 2025 11:00:46 GMT

Manchester United confirms ambitions to build a new stadium

Manchester United's announcement of a new 100,000-seater stadium marks a significant milestone for the city, promising substantial economic growth and urban regeneration. The £2 billion project, set to replace Old Trafford, is anticipated to be completed within five years, aiming to become the "world's greatest" football stadium.

sportspro.com

The development is projected to deliver extensive economic benefits:

Job Creation : Approximately 92,000 new jobs are expected across sectors such as construction and hospitality.
cadenaser.com
Tourism Boost : An estimated 1.8 million additional visitors to the city annually.
cadenaser.com
Economic Impact : A £7.3 billion boost to the UK economy.
thetimes.co.uk

This surge in employment, tourism, and development is expected to increase demand for housing, further solidifying Manchester's status as a dynamic and sought-after location.

For property investors, Manchester offers compelling opportunities:

High Rental Yields : Gross rental yields averaging 7-8%, surpassing other major cities.
manchesterpropertyinvestment.com
Capital Growth : Property values are forecasted to rise by 17.5% over the next five years, driven by ongoing regeneration and economic development.
manchesterpropertyinvestment.com

Strategic areas such as Ancoats, the Northern Quarter, and Salford Quays are particularly attractive for investment, appealing to young professionals and creative industries.

aventuspropertygroup.com

With Manchester's skyline transforming and major developments underway, now is an opportune time to explore property investment in one of the UK's fastest-growing cities.

Investing in Manchester

Mon, 17 Mar 2025 10:48:27 GMT

Manchester Property Market in 2025

Properties sell for an average of £234,867 in the city according to the Land Registry UK House Price Index, which is far more reasonable than in London where a property will set you back £523,376 on average.

Manchester is predicted by JLL to be the second strongest city for house price growth until 2028 , beaten only by Birmingham. It is anticipated that Manchester will see some of the most impressive sales price growth of any UK city until 2028, with JLL estimating that prices will increase by 19.3% . This is particularly impressive considering that the same report from JLL predicted that national property price growth would sit at 17.6%, putting Manchester ahead of national growth predictions.

Predictions by JLL suggest that Manchester is set to one of the the location which will see the most dramatic rental value growth until 2027. Rental values are projected to see an average 4% boost every year until 2028, only being outpaced by Birmingham and Edinburgh at 4.1%.

Manchester has experienced significant population growth since the start of the millennium. In fact, the number of inhabitants has soared from 422,000 to 600,000, and is anticipated to grow by a further 30,000 in the next six years. 100,000 people are due to live in the city centre alone by 2026 , which makes city centre property a particularly sensible investment as this area is set to become increasingly in-demand with searching tenants and buyers.

Demand will also be impacted by the growing job market in the area, with 65,000 new jobs due to emerge in Manchester over the next few years as a result of its redevelopment efforts. This will increase employment in the city centre to 315,000 by 2040.

Metrolink Expansion: Boost for Manchester Property Investments

Sun, 14 Jul 2024 09:05:52 GMT

Manchester’s property market has been booming in recent years, and with the Metrolink expansion set to continue, many investors are seeing this as a great opportunity for growth. Moreover, the city’s transport network is expanding rapidly, making it easier than ever to travel around and access different areas of the city. Consequently, this increased accessibility is not only beneficial for commuters but also for property investors looking to capitalise on the city’s growing popularity. Enhanced connectivity will likely increase property values and attract more tenants.

The benefits of using a buying agent

Sun, 23 Jun 2024 13:05:40 GMT

Leave it to the experts

Save time and money
A buying agent is an expert. Their role in finding you a property, combined with their understanding of the market will save considerable time and inevitably money.

Find a property before putting yours on the market
A buying agent can present you with a selection of property options before putting yours on the market if you're cautious about selling too quickly.

Access to off-market and discreetly marketed properties
Our buying partner has superior market access, meaning they can present you with exclusive properties that are not on the portals or available to the general public.

Remove the stress
Not only will a buying agent find and shortlist properties for you, but they will also handle the negotiation and secure the right one, saving you any of the hard work.

Gain a competitive advantage
Having a buying agent working on your behalf is having an expert in your corner. Their devotion to securing you your dream property means you have a significant advantage within the market.

To find out more about how a buying agent could help you in your property search, contact Rialto.

Buy to Let

Sun, 23 Jun 2024 13:02:16 GMT

Whilst bank rates fluctuate and inflation continues to increase, traditional saving accounts are no longer a viable way to save money, whereas property investment can be both lucrative and a safe means of planning for your future. This is where buying to let comes into its own:

Monthly rent provides tangible returns on investment;
Potential for longer-term capital growth;
As housing prices fluctuate, tenants are committed to renting properties. With an increase in demand, the rental yield is potentially higher; and
Increase in rental demand means void periods of lettings are highly unlikely.

In practice, finding an affordable buy to let that rewards landlords with all of the above can be tricky. But that’s where we come in. Our buying team will help you find a property in a good location, that suits your requirements as a landlord. We can also help you ensure your property is compliant and tenant-ready, and guide you on applying for a buy to let mortgage.

Once your property is ready to let, we can help you find and manage reliable, long-term tenants who will respect and enjoy living in your property. Our aim? To ensure both tenant and landlord are happy, secure, and benefiting from each other.

Manchester is a buzzing, metropolitan city

Sun, 23 Jun 2024 12:59:29 GMT

‘set to outpace UK economic growth’ until 2027

According to a study, Between 2023 and 2027, sales price growth is projected to increase by 19.3% in Manchester.

The thriving northern city is also expected to have the strongest rental value growth over the next five years with a 21.6% rise forecast.

This is being projected as a growing number of young professionals are continuing to be attracted to live and work in the city, which has significantly boosted rental market activity.