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Manchester UK’s top buy to let hotspot

Manchester continues to offer great value to buy to let investors with returns of upto 8% on rental yields. This coupled with good long term growth potential in selected areas makes Manchester a great city to invest in.

According to HSBC’s annual buy to let analysis in June 2015 they found:

• Manchester offers the highest rental yields (7.93%) of any city in the UK
• Manchester is now the UK’s top buy-to-let hotspot – up from 2nd place in 2014
• 26.85% of Manchester’s housing stock is privately rented, the largest % of all locations.
• Annual rents in Manchester have risen 4% from £8,316 in 2014 to £8,628

The city continues to expect a rise in population over the next 10 years and a deficit of house supply to cover this. This with other factors (northern powerhouse, HS2 etc) makes a Manchester the standout investment city in the Uk today.