As you know, the property market in some areas of the UK has stalled. However, Manchester investment is continuing to grow in the current climate.
After a simple Google search of ‘the current property market,’ you’ll found thousands of conflicting opinions on ‘why it’s the best time to buy’ or ‘hold your horses until Brexit is over’
The question remains, will Brexit be extended further beyond the initial 31st deadline?
Unlike the politicians in Westminster, we’ll honestly answer the question to this one. Whilst the current climate may not be ideal for us brits, however, Brexit has provided the greatest opportunity for overseas investors. Manchester appears to have weathered the Brexit storm well, especially in the buy-to-let market.
We mentioned in an article this week that our sister company Manchester Apartments achieved a record number of lets in August, proving that rental demand is still insatiably high in Manchester.
A wise man (Warren Buffett) once said “Be fearful when others are greedy and greedy when others are fearful.” – Despite the uncertainty and current economic climate, for overseas investors, this opportunity may not come around twice.
If you’re considering a buy to let investment, go for one that has a fixed rental guarantee. A fixed rental guarantee will eliminate any doubt about whether you’ll make your money back and receive a regular income, because it’s guaranteed!
Our Great Ancoats Street development, situated in Manchester’s most desirable neighbourhood in the city centre, has a 7% guaranteed rental yield, with the added benefit of 3% capital growth every year.
Another positive factor about our Great Ancoats Street development is that it is a fully managed investment opportunity, from development to lettings and property management, meaning that you can enjoy your rental yield and capital growth with very little effort.
If you’re interested in a Manchester investment, get in touch and speak to our team today.