Manchester has become one of the best places in the world to invest in. Ranked as one of the top three cities to invest in, Manchester has been growing continuously in many sectors (property being one of the main sectors) and is set to grow an additional 10% in the next decade.

​

Salford is a city on the outskirts of Greater Manchester. Salford has been a staple city in Manchester to invest in since the early 2000’s. With house prices growing over the past two decades due to constant investments being put into the city to make it a better place economically, it’s been a key staying place for working individuals, families and investors alike.

The rental market summary shows that the monthly average on rent in Salford varies from £820 for a one bed flat, £1050 for a two bed, £1380 for a three bed, four beds vary from £1300 and for a five bed apartment £1600 and above.

​

As properties have been sold for under market value of 20% and lower for a quiet a long time, this allows investors and landlords to reap the benefit of rental yields from 5%-8% annually. Student accommodation, HMO’s and rental apartment tend to yield on the higher end of the rental yield. Apart from rental yields, capital growth is on the rise in Manchester and its cities, with constant growth, residential investments are the main way to invest in 2022.

​

How can you invest in any of these property types?

The main way to invest in residential apartments is through a property investment agency (such as us at SourcedInvest) and property agents.

​

HMO’s, student accommodation and rental properties can be found by landlords, property agencies, property sources (another service we offer) and investment agencies. They can also be found on social media sites and property services such as Zoopla.

 

​If you are interested or considering investing in property and would like to see any available units we have or to get additional information about certain areas feel free to contact us at info@sourcedinvest.com or give us a call at 0800 249 5600