Despite the pandemic, the Manchester property market is thriving and growing. With house prices significantly lower than the national average, Manchester has become the place to be for buyers of all different backgrounds and needs. 

Here are a few of the ways that the Manchester property market is ideal for any buyer.

Second Home Owners

What better area than the thriving metropolitan area of Manchester to set up your second home? Manchester is a city with something for everyone – art, sports, music, nightlife and eateries. It also has excellent travel links, including major national train and air hubs. 

If you want the option to have a second home near a vibrant city with all the amenities you could wish for, Manchester is the perfect pick. 

First-Time Buyers

Manchester is arguably the most attractive area for first-time buyers. It is the perfect mix of city life with the potential for settling down and raising a family. If you are considering buying your first home, you will also find much more attractive property prices in Manchester than in other large cities like London and Birmingham.  Check out this mortgage broker in Manchester for an idea of the type of property you could get as a first-time buyer in Manchester.

Buy To Let

Property has always been an excellent investment. If you are looking to diversify your investment portfolio, buying a property to let is a perfect choice. Owning a property to rent out will allow you to enjoy a steady income which is ideal for anyone looking for new investments and ways to stay financially sound for years to come. 

The rental market in Manchester is thriving, so you can’t do any better than buying rental property in Manchester. It is worth doing your research if you have never been a landlord before, and ensure that the responsibilities and commitment are something you have the time and energy to dedicate yourself to. 

Retirement

Retiring to the city may seem counter-intuitive, but there are many suburban areas of Manchester that are ideal for retirees. Areas such as Stockport allow its residents the freedom to enjoy city life while being a calmer and quieter environment. 

If you are considering downsizing your home for retirement, there are many options available in Manchester and the surrounding areas. Manchester’s transport hubs make it easy to get to other areas of the country, and its location makes it ideal for those with family and friends to visit easily and frequently. 

Final Thoughts

Manchester is a city with something for everyone. Whether you’re keen to enjoy a vibrant nightlife or find a quiet suburban area to raise kids, you’re sure to find the right location and property to suit you in Manchester. 

You could consider doing some research into the different areas of Manchester to see which will suit you and your family.