Table of Contents
Types of Properties Available
- Manchester
Deposit
.
Yield
Property Price
.
- Manchester
Deposit
.
Yield
Property Price
.
- Manchester
Deposit
.
Yield
Property Price
.
Real Estate Developments in Manchester
People visiting Manchester are amazed looking at how much the city has changed.
Take the recent developments over in Salford Quays, people remember when it was mostly old warehouses and factories. It is transforming into a trendy spot with waterfront apartments and offices. These are appealing to the young professionals and start-ups alike. A friend who bought a flat there early on revealed the increasing value of the place.
Let us not ignore the smaller, sophisticated developments scattered around the city. These often have unique architectural styles that mix the old with the new, like the red-brick conversions near the Northern Quarter. In addition to maintaining Manchester’s industrial character, they also suit the city’s practical necessities.
If you are thinking about investing in Manchester, go for it. You won’t regret it because the city is rapidly advancing with developments that are stylish and practical. Whether you want a profitable return on investment or an opportunity to live in a vibrant city, Manchester’s real estate offers it all.
Download the E-Book to Maximise your ROI with our Ripple Effect Strategy!
Initiate a powerful sequence of your property growth and reinvestment.
Download the E-Book to Maximise your ROI with our Ripple Effect Strategy!
Initiate a powerful sequence of your property growth and reinvestment.
Download the E-Book to see how to become a Millionaire with just £50,000 of investment
Unleash how successful investors build wealth, reduce financial stress, and achieve financial freedom.
Overview of Major Property Development Projects Launched in 2024
Manchester’s property developments are on track to have a great year in 2024. Several big projects are set to bring a major change in vital areas of the place, validating the city’s rapid growth. A prime example is Salford Quays, which is soaring high with new residential towers. Ideal for professionals. These flats showcase the perfect integration of a community with public green spaces and shopping options.
Promoting sustainable living, the Ancoats Gardens, located in the city centre, is another innovative project that focuses on energy efficiency. With these newly built homes, you’ll be able to live in the city quite easily and conveniently. They are also perfect for long-term investment, especially if you are looking to diversify your portfolio.
One of the biggest projects is the Northern Gateway redevelopment. This 15-year project is set to add thousands of new houses, with 2024 marking a key milestone. Whether you are after commercial spaces or residential investments, these projects offer prime opportunities to get in early on Manchester’s growth.
Exciting Projects Shaping Manchester's Future
With the ongoing regeneration projects the city is set to see rapid developments this year.
The most amazing part is the perfect blend of modern living spaces, co-working areas and green public spaces. Some prime projects like First Street, Great Jackson Street, and Piccadilly East are leading the way, each bringing something new and distinctive. If you are thinking about long-term investment growth you should definitely check out these projects.
First Street
First Street was initially considered a cultural centre. But now with new office spaces and residential areas, the place is attracting businesses and investors. What our investors love about First Street is how it balances work and leisure. You could spend your morning working in one of the modern office blocks, then pop out for lunch at one of the trendy new restaurants. Investors are paying attention here because of the strong rental yields and its prime location close to the city centre. You being an investor must anticipate that First Street will continue to grow as a dynamic spot in Manchester.
Great Jackson Street
The massive transformation of Great Jackson Street is quite astonishing. Deansgate Square is one such example where you can see towering structures have completely changed the city’s visual. The area is reaching out for further growth via its high-rise apartments. Not just apartments, they are luxury houses with amazing city views and modern amenities. These features draw attention straight from several high-end investors. It makes sense. There is a growing demand for luxury living, and Great Jackson Street delivers it. If you are thinking about investing in Manchester, this is one area that will keep rising, both in demand and in value.
Piccadilly East
Piccadilly East has got a charm of its own, and that is what makes it so special. Situated close to the main Piccadilly station, the area is turning into a vibrant, community-focused neighbourhood. The new developments planned for 2024 include a mix of residential homes, co-working spaces, and green areas, which is fantastic if you are looking for that modern, urban lifestyle. Investors find the affordability of Piccadilly East particularly appealing in comparison to other parts of Manchester city centre. Still, it offers immense potential for growth. With convenient transportation options and buzz of the modern city life, this is definitely a project worth watching over.
The Impact of Developments on Manchester's Skyline
One cannot help but notice how Manchester’s skyline has changed over the past few years, and if you are local or visiting frequently, you have probably felt it too. It is almost unrecognisable compared to what it was a decade ago. The city focuses on creating high-rise apartments every year. The new towers spring up the older ones within 6 months or so.
Even after heading towards development, the city showcase a perfect balance between old and new. Along with impressive glass towers, you will see that the city’s industrial heritage is also preserved. Red-brick houses, particularly in areas like Ancoats, coexist with these contemporary architectural marvels. That mix is what keeps the city’s charm intact while pushing forward.
For investors, these developments are gold. The demand for commercial spaces, residential apartments, and luxury living is growing as fast as the skyline. Every time a new high-rise goes up, it feels like another chance for smart investment. And honestly, if you are thinking about capital growth, you might want to look at how this vertical expansion is reshaping the market. The skyline is not just a visual change; it is a signal of Manchester’s bright, booming future.
City Centre: Developments Leading to Transformation
Manchester’s city centre is undergoing a major transformation. The place is not just about historic buildings anymore. It is becoming a modern hub with new developments that are changing people’s lifestyles. Industries or any underused areas are converted into residential homes, co-working spaces and commercial hubs. Manchester focuses on building new structures and also creating communities. Many people are pleasantly surprised with the projects showcasing the blend of iconic history with modern architectural styles, creating an overall distinctive appeal.
Investors would not want to miss out on such an opportunity. When the city centre is becoming a desirable place for both residents and businesses, property values and the rental yields are set to grow high. It’s amazing to see Manchester’s evolution, and these city centre developments are bringing the most crucial change.
The Future of Manchester’s Urban Landscape
Property experts have been watching Manchester evolve for years now and it feels like the city is on the verge of something really exciting. You can see it in the developments springing up, which aren’t just about building taller but building smarter. The emphasis on eco-friendly, sustainable development is becoming vital, and it is evident that the future of Manchester’s urban landscape is all about building spaces in which people want to live and work in.
One thing that stands out is city’s sustainable approach towards becoming eco-friendly.It’s encouraging to see that practically every large development is incorporating new parks and social spaces. Walking through one of the newer communities near the Northern Gateway, it was clear that great attention had gone into making the area feel open and breathable, despite being in the centre of the city. Previously, the balance between urban and natural places was not a concern.
For investors, this move represents an amazing chance. As more people seek places that provide both convenience and a higher quality of life, these developments will become increasingly popular.
Angel Gardens
Angel Gardens is located in an up-and-coming district of Liverpool. It is in close proximity to two major regeneration projects: the £150 million Project Jennifer and the £5.1 billion Liverpool Waters scheme.
£20k
£5k
£1.5k
Property Price
Investment Opportunities in Manchester Property
As investors, you might have been watching Manchester’s property market closely. Then you would know that now is a prime time to look at the city’s new developments. There is so much happening, and it is not just about adding buildings—it is about creating communities where people actually want to live and work. You can see it in areas like Ancoats and Salford Quays, which were once a bit overlooked but are now booming with new developments that offer great potential for investment.
Take Salford Quays, for example. What used to be a quieter, less developed part of Manchester is now full of modern residential towers and commercial spaces. The demand here is growing fast, and many investors have already started seeing strong rental yields from their properties. You can feel the change in the air—it is turning into a thriving, vibrant community that is perfect for both businesses and families.
If you are thinking about building a property portfolio or securing a steady stream of passive income, Manchester’s new developments offer real opportunities. The city’s population is growing, and with it, the need for high-quality residential and commercial spaces is rising. Whether you are looking at new-build homes, modern office spaces, or mixed-use projects, the potential here is enormous. The sooner you get in, the better positioned you will be as these areas continue to flourish.
Challenges and Considerations in Manchester’s Development Sector
Investors usually get excited seeing Manchester’s growth, but let us be honest there are some real challenges in the development sector that you need to consider. One of the biggest hurdles we have noticed is navigating the planning permission process. It can be slow, and there are times when projects face unexpected delays because of local council regulations. If you are thinking about investing, you really need to plan for these potential hold-ups. They are not always predictable, and they can stretch your timeline.
Another thing one cannot overlook is Manchester’s unique history while new developments are exciting, preserving the city’s industrial charm is just as important. Developers face issues when working around listed buildings or protected sites. It can get tricky and costs can pile up if the development needs to be adjusted to accommodate heritage buildings.
Then there is the issue of rising costs. With so many projects in motion, materials and labour have become more expensive. It is something that can eat into your profits if you are not careful.
Regulatory and Planning Challenges
Getting into Manchester’s development scene you quickly realise that navigating the regulatory and planning challenges can be quite the journey. We have seen projects get stuck in limbo simply because obtaining planning permission can be a long, winding road. If you are considering investing, you need to be ready for some unexpected delays. Planning approvals can take longer than you think, and those delays can really mess with your timelines.
Strict Rules
Another thing to keep in mind is the historical aspects of the city. Areas like Ancoats and Castlefield are steeped in history, which is fantastic but also means stricter rules. You might find yourself having to tweak your plans to fit in with the local character. It can be a bit frustrating when all you want to do is get started, but preserving the unique charm of these areas is important.
There is a growing focus on sustainability. With the city pushing for greener developments you might need to consider energy efficiency and eco-friendly practices in your projects. While it’s great for the environment it can add some complexity to your plans.
Being prepared and flexible can help you navigate the process and find success in this dynamic market.
Understanding Manchester's Real Estate Growth: Key Stats and Insights
Over the last decade, the city’s population has shot up by more than 10%. That’s hitting around 600,000. This surge means there is a big need for more houses. There are over 10,000 new residential units being built. Especially in places like Great Jackson Street and Piccadilly East. In 2023 alone, Manchester attracted £1.5 billion in property investment—up by a solid 20% from last year. And if you’re looking to rent, be ready for prices to go up; they’ve risen about 15% in the last three years. With 1.2 million square feet of new office space expected to pop up by the end of 2024, Manchester is clearly a hotspot for living and working.
Conclusion
Despite all the challenges Manchester’s development sector still offers fantastic opportunities. You just need to navigate these obstacles smartly. The city holds a great potential for growth and solid returns on investment. But do not underestimate the importance of careful planning and understanding the local market.
Area Guide
Tom Collins
I’m your go-to broker, on a mission to make things simple and smooth when making your investment with me! My journey at Flambard Williams has been shaped by working in various financial fields and working closely with clients and their goals.
