Manchester buy-to-let market remains buoyant

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Manchester represents a good investment opportunity for buy-to-let investors.

That is according to real estate agents Savills, which said that the city offered a healthy rental market despite the current property slowdown.

Tom Rogers, residential investment consultant, maintained that the Manchester market was holding up against the credit squeeze.

"We are quite busy at the moment. Obviously, people get a little bit dubious about investing in the market due to the credit crunch, but developments are still being built and we are still doing deals."

"The rentals are always very good in the Manchester city centre; from a buy-to-let basis people are achieving rents that are paying the mortgage so it's not too bad."

Mr Rogers also said that the city had a large student population, which would mean a high demand for rental property.

"A lot of students stay in halls, but will then move to the city centre."

Manchester is home to some 100,000 students, according to manchesterfacts.com.

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