Castlefield Manchester Sees High Rental Yields Due to Ever Growing Student Accommodation Demand

Sitting right at the city centre, Castlefield is just a stone’s throw away from the University of Manchester. Thanks to the superb convenience and accessibility to this world-class educational facility, rental yields are guaranteed to spike up significantly in the coming years. Castlefield Manchester Student Accommodation will buoy these demands that keep growing every year. 

This is a crucial point to consider if you are looking to invest in student property in Manchester. 

Manchester is one of the UK’s most popular destinations for students and today caters to more than 100,000 students studying in one of the countless higher education establishments in the city. 

As a city, Manchester has become an investment hotspot, with businesses and professionals seeking to take advantage of the Northern Powerhouse. 

The city is a cradle of some of the largest student communities in Europe, and Manchester has proven to keep plenty of students long after they’ve graduated, leaving the next generation of young professionals looking to rent or buy as close to the city centre as possible. 

This makes the growing demand on Castlefield Manchester Student Accommodation a serious point to be considered by savvy property investors.

Everything You Could Ever Ask for In Manchester City Centre Living

Castlefield has all the benefits of city centre sitting right on its doorstep. As Manchester continues to grow, properties in areas like Castlefield will remain a lucrative investment opportunity for students. 

Students look to Manchester to make the most out of the convenience and accessibility to the best educational institutions and bars and restaurants to party. Not to mention, the excellent travel links in the area make commuting for students a breeze.

With the city’s global profile growing significantly in recent years, it is understandable that Manchester is now home to one of the highest percentages of overseas students of any UK city outside of London. 

The high volume and turnover of students each year presents exciting opportunities for investors wanting to purchase Castlefield Manchester Student Accommodation investment property.

Oxford Road - At the heart of the Manchester student district

At the heart of the Manchester student arena is the Oxford Road area, where the University of Manchester, Manchester Metropolitan University, Manchester Business School, and the Royal Northern College of Music are all situated. 

Away from the main campuses, other most sought-after centres of learning such as the Manchester Childrens and Universities Hospital, and the Manchester Dental Education Centre can also be found in the Oxford Road area of the city.

A Thriving Business District with a Rich Commercial Arena Perfect for Young Professionals and Students Seeking Internship

With its rich industrial backdrop, Manchester stands today as a busy and thriving commercial centre, and many international companies have decided to base themselves within the bustling city centre area.

Widely acknowledged as the UK’s leading commercial centre after London, a substantial amount of investment over the past ten years has increased the city’s corporate appeal. Recently, the BBC relocated over 2,300 staff to its new Manchester offices in Media City. 

This thriving business and the corporate scene make the area even more attractive to students chasing employment and job opportunities after graduation or even for internships.

Castlefield Manchester party life scene gives everything a student could ever ask for making it a premium student property investment hotspot

Manchester’s Castlefield is home to the Castlefield Bowl, an outdoor music and entertainment venue that has played host to many packed-out gigs. 

With an 8,000 person capacity, the arena is used for the yearly “Sounds of the City” series of concerts, which brings many shows from big names in the local music industry. It also hosts other big names from around the globe.

Castlefield Manchester Property Investment

Castlefield right at the heart of Manchester city centre is also an exciting hub waterside bars, restaurants, galleries and museums. Among the attractions are the celebrated, Castlefield Gallery and the popular Museum of Science and Industry.

Castlefield is quite simply a haven at the heart of the city offering a more relaxed pace of life – but students can be sure that, when the bright lights of the city centre beckon, they will always be close at hand.

City Centre Upgrades

Such many students have resulted in a substantial demand for Castlefield Manchester Student Accommodation investment over the past ten years. 

With the increasing numbers of international students now flocking into the area, the demand for higher quality Castlefield Manchester Student Accommodation is now at an all-time high, and likely to increase soon.

 Subsequently, if you are looking for property to invest in, in Manchester, the location must mirror the concentrated nature of the various establishments in the city.

Castlefield, Manchester is one of the UK’s most exciting cities, and more people are recognising its appeal. It is one of the fastest-growing places in the UK, which lends itself to property investment as there will be consistent demand. 

Read more about our Castlefield, Manchester Property Investment Hotspot series below or if you’re interested in running through our local Castlefield new build developments, chat with the team on 02079236100 or book a time.

Brett Alegre-wood
August 12, 2021

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