28 Feb Manchester’s most underrated areas for investment

Investing in property can be a smart move but there are a number of factors that need to be considered to ensure the best return on investment. One of these is the location of the property, which can actually make or break the deal. Manchester is known for its fantastic property market and over the years we’ve supported hundreds of landlords through their journey. What’s more, in this blog, we reveal some of Manchester’s most underrated areas for investment that both property seekers and investors should know about. 

Ancoats 

Tucked away in Manchester’s city centre, Ancoats has transformed over the years from a busy industrial area to a vibrant and creative hub. Along the river, you’ll find cafes, galleries and a fantastic selection of bars as well as trendy apartments overlooking the centre. It’s also within walking distance to the Northern Quarter, a popular and upcoming district of Manchester. The area has so much history, and lots to offer, and the inventive regeneration of buildings and streets continue to make Ancoats a very attractive option. 

Levenshulme 

Just one stop away on the train from Manchester city centre, Levenshulme is an up and coming area popular with all ages. There’s a diverse community scene here with affordable properties, plenty of family-friendly activities and a welcoming atmosphere. Similar to Ancoats, there’s lots of regeneration going on here which makes it a great choice for those investors looking to grow their portfolio. 

Chorlton 

Chorlton is quirky, independent and creative – which are just some of the reasons why it’s becoming a popular place for renters and buyers. The streets are lined with shops and cafes, there’s a few green spaces to explore and a thriving local market gives the place a community feel. It’s no surprise that homes in Chorlton are often in demand, so it’s steadily becoming a popular choice for landlords and investors. 

Castlefield 

Located in the heart of the city centre, Castlefield is a perfect combination of history and tranquillity. Apartments, bars and cafes line the canal-side location and you’re never too far from Manchester’s best loved restaurants and venues. In terms of developments, it’s a mixture of new builds and historic buildings which only adds to the charm of Castlefield. 

Spinningfields

Manchester’s financial and business district offers luxury living and while apartments might be more expensive in this side of town, there is opportunity for a great return on investment as a result of the area’s demand. What’s more, development continues in Spinningfields which means it’s a prime investment location and its proximity to incredible bars, restaurants and the city centre itself means it continues to be a firm favourite with all ages.

Are you looking to invest in Manchester? Perhaps you want a reputable agent to help you decide on a location? Or maybe you want an expert property manager to take care of every little detail? Either way, the team at Kaytons can help so why not get in touch today and take the stress away from your next big investment.