Editor's note: This brief was summarised by The Property AI Newsroom from a report by Landlord Today. Read the original article for full details.
Manchester has emerged as the most sought-after city for property investors, according to internal data from a property app. The Property Buying Company reports that 23% of investors using its app are searching for property in Manchester, compared to 18% who have set their preferences for London.
The data suggests that investors are increasingly looking beyond the capital for growth opportunities. Manchester's popularity among investors now outpaces that of London, based on the preferences recorded by users of The Property Buying Company's app.
This trend may be of interest to UK letting agents and inventory clerks monitoring shifts in investor demand and regional property activity. The figures highlight Manchester's current position as a leading destination for buy-to-let interest, according to the app's user data.
Source: Landlord Today