It should come as no surprise that Manchester is up there with the top places in the UK for property buyers, but now it has been confirmed in an official study in 2025. A report found that Manchester is the top hotspot for first-time homebuyers, beating other key locations outside Greater London.
It’s easy to guess the various reasons why the legendary northern city may be topping the real estate charts, but what do the people picking up these properties say are the key factors driving their decisions?
Prime Time for Property Owners to Sell in Manchester
Manchester has always been a popular spot for homebuyers, but now it’s officially topping the charts. The average property price in the city is now £256,000, which is a £3,200 increase over the last twelve months. For anyone considering selling up, now could be the ideal time to put a property on the market. This way, you can capitalise while interest in the city is high.
Nowadays, it’s easy to sell a house fast in Manchester thanks to online estate agents that streamline the process for you. All you have to do is contact an online expert and tell them details about your home. Within minutes, you can receive a cash offer, and you can expect to receive the funds in a week. It’s likely, though, that interest in Manchester will remain high among homebuyers for the foreseeable future, as there are countless reasons that will make it a desirable location for generations to come.
Growing and Sustainable Property Market
One of the key factors that makes Manchester so appealing to first-time homebuyers is the fact that the property market in the city is growing. There have been some major renovation projects, such as St John’s Development and Victoria North. These will bring thousands of new homes to the market, making them prime spots for investment.
There’s also a lot of future growth potential in the city. Other developers have seen the success of recent projects and have realised the region is in high demand. There are some huge construction projects underway, with Viadux Phase 2 listed as the top-rated project currently underway in the city. It’s listed at a value of £600 million, with the Crown Street Phase 3 residential project listed in second place and valued at £570 million.
Vibrant and Diverse Lifestyle
For anyone who lives in Manchester, you’ll know that the vibrant and diverse lifestyle found around these parts is unmatched anywhere else in the UK. That’s a huge factor in the city’s property appeal, as it has something for everyone and can allure a broad demographic.
Along with having two of the world’s most famous football teams, we can also boast a legendary music and nightlife scene in the city. But that’s not all. There are plenty of green spaces around as well, meaning that city dwellers have nature within their grasp at all times. There are plans in place to install more natural developments in the future as well.
It’s not shocking to see Manchester topping the charts for first-time homebuyers. The city has it all, and more people are realising that every year.
