Stamp Duty Spotlight: Manchester
In the final series of our stamp duty spotlight, we’re exploring Manchester, the third largest city in the UK and a truly fantastic place to live. Our property experts give their opinion on the area's cultural highlights, the types of properties you can buy and how you can still capitalise on the Stamp Duty holiday.
Manchester: a city famous for football, music and media, to name just a few leisure pursuits that draw a vast range of residents including students, young professionals and families to the city. With luxury high-rise apartments, warehouse conversions and canal side apartments, Manchester offers buyers a range of unique and interesting homes to call your own or add to your property portfolio.
Looking to buy in Manchester?
The city of Manchester is ever evolving with regeneration projects transforming both the inner city and out towards the suburbs. Today, Manchester is known as a cosmopolitan and chic city which makes for an exciting place to live and invest in.
From the music venues of The Bridgewater Hall and Manchester Arena to the shopping haven of the Arndale Centre and Barton Arcade whatever your cultural interests, Manchester has it all.
With a high student population for most of the year, Manchester caters for those looking to wind down after work with a plethora of late-night entertainment venues and restaurants with cuisine from around the world.
The development of MediaCity UK in Salford has attracted large corporations to relocate their headquarters from London to this northern hub. The whole Salford Quays area has undergone extensive regeneration to accommodate the new influx of workers, not only residentially but also culturally. The area is home to luxurious, waterside apartments, bars, restaurants and the Imperial War Museum Manchester.
“Manchester was always the “second city” but right now, it’s really giving London a run for its money. The city centre has something for everyone. Homeowners can enjoy the history of Castlefield, the diversity of the Northern Quarter and the resurgence of Ancoats Urban Village. Residents can find exactly what they are looking for, whether that’s a periodic conversion with a wealth of original features or a modern skyscraper with a range of on-site amenities such as gyms, swimming pools and residents' lounges. Equally, investors know that Manchester can offer much higher yields than most major UK cities and with more tenants moving than before, still see the city as a solid investment.”
Oliver Dolan, Head of Sales Manchester