From thriving job markets and easy commuting to affordable property prices, discover why Manchester is the perfect place to purchase your first property.
Why should I buy a house in Manchester?
Manchester, a dynamic city in the north of England, offers a wealth of opportunities for first-time buyers looking to step onto the property ladder. In recent years, Manchester has flourished and it has seen significant regeneration which has welcomed new high-quality housing and office spaces into the city. Known for its world-famous music and hugely successful football clubs, there is something for everyone to love in Manchester and house price growth in the city shows that it is a great time to invest in the city.
Is Manchester expensive?
Properties in Manchester currently have an overall average price of £293,431*, nearly £70,000 less than the national average. So if you are looking for a property on a tighter budget, then there are affordable properties to be found in Manchester, whether it is a city centre flat or a suburban house. Property prices in the city are also up 4% on their 2021 peak and it is this kind of steady growth that shows that now is a great time to invest in Manchester property if you are looking for great returns in years to come.
Where is the best place to buy a house in Manchester?
For those eager to make their mark on this thriving city, several neighbourhoods stand out as ideal locations that offer a blend of affordability, convenience, and potential for long-term value appreciation. Let's explore some of the best places for first-time buyers to consider in Manchester:
1. Ancoats
Ancoats, once the industrial heart of Manchester, has undergone a remarkable transformation in recent years, emerging as a vibrant and trendy neighbourhood. The area boasts a mix of stylish apartments and warehouse conversions, attracting young professionals and creatives. With excellent transport links and a thriving food scene, Ancoats is a sought-after location for first-time buyers looking to immerse themselves in Manchester’s urban renaissance.
2. Cheetham Hill
Nestled to the north of Manchester city centre, Cheetham Hill is a diverse and culturally rich neighbourhood that offers a range of housing options at affordable prices. With its proximity to the city centre and excellent amenities, including schools, shopping centres, and green spaces, Cheetham Hill provides an attractive choice for first-time buyers seeking a well-connected and welcoming community to call home.
3. Ardwick
Ardwick, located just east of Manchester city centre, is a neighbourhood on the rise, with a mix of Victorian terraced houses and modern developments. The area’s regeneration efforts have enhanced its appeal, making it an increasingly popular choice for first-time buyers looking for affordable property options within easy reach of the city’s amenities and employment opportunities.
4. Bredbury
Situated on the outskirts of Manchester, Bredbury offers a more suburban setting for first-time buyers seeking a quieter lifestyle without compromising on convenience. With good transport links, schools, and recreational facilities, Bredbury presents an opportunity to invest in a family-friendly neighbourhood with a strong sense of community spirit.
5. Levenshulme
Known for its vibrant high street and cultural diversity, Levenshulme is a lively neighbourhood that has been drawing in first-time buyers seeking a lively and affordable place to live. The area’s Victorian terraces and local amenities, including independent shops, cafes, and parks, create a welcoming environment for residents to enjoy a well-rounded quality of life.
6. Longsight
Longsight, located to the south of Manchester city centre, offers a mix of housing options, from traditional terraced houses to modern developments. The neighbourhood’s affordability, coupled with its proximity to educational institutions, healthcare facilities, and transport links, makes it an attractive choice for first-time buyers looking to establish roots in a diverse and well-connected community.
7. Islington
Situated in North Manchester, Islington is a residential area that provides a peaceful retreat from the city’s hustle and bustle. With its tree-lined streets, parks, and local amenities, Islington offers a tranquil setting for first-time buyers seeking a balance between urban convenience and suburban peace.
Which is the right area for you?
Manchester's diverse and dynamic property market offers a range of possibilities for first-time buyers looking to embark on their homeownership journey. From the trendy streets of Ancoats to the family-friendly neighbourhoods of Bredbury and Levenshulme, there is a wealth of options to explore in this vibrant city. Whether you seek urban excitement or suburban tranquillity, the key is to consider your priorities and budget in conjunction with the potential for long-term growth and liability in these prime Manchester locations.
