Manchester is a half a million strong metropolitan city in Greater Manchester, England with rich industrial history as it became the world's first industrialised city during the industrial revolution. The climate of Manchester is oceanic, with quite cold, rainy winters and mild, relatively rainy summers.
Manchester is known for its influence on the histories of the architectural industry and musicians and artists, as well as its world-renowned sporting connections. Manchester is a city where people are choosing to settle and the population of the city and surrounding region is increasing.
Driven by the development of the High Speed 2 (HS2) project, Manchester will become an important part of the HS2 route connecting London and the North. The redevelopment projects are expected to drive population flow and demand for residential leasing. The main renters in Manchester are of a younger demographic and based on the past performance, the property market has been very satisfactory, with strong rental returns. Moreover, its geographical advantage gives it a high potential for development and appreciation, and ranks second in rental returns.