This large pool of registered applicants is good news for the city’s rental market, which is currently in high demand ahead of the start of the new University academic year in September.

Demand also looks set to be given a further shot in the arm with the swelling of MediaCityUK, when the BBC finally relocates to the north in earnest later this year.

There is a common misconception about the Manchester property market that too many homes were built too quickly in the peak of the pre-economic crisis years. In fact the number of unoccupied Manchester apartments is relatively low, and even at the height of the downturn in 2008 the city never really struggled for demand for tenants.

As explained by Thornley Groves’ Managing Director, Michael Groves, it is the scarcity of these new developments – rather than a lack of consumer funds – that has caused an increase in demand for rented accommodation in Manchester City Centre in recent years.

“What the period of illiquidity did bring was a halt to new investment in the City Centre, with the real hangover of this being a lack of new development schemes and consequently new homes,” said Groves. “So while demand has grown organically thanks to the increasing affluence of the city and a strong network effect brought about by an influx of tenants seeking to live and work in the City Centre, the stock of available homes to cater for them has not grown at the same rate.”

“There is however, an attractive pool of existing stock available, and the current combination of high demand and affordable homes means that now is the perfect time to invest in the buy-to-let market in Manchester. An investment for example in a City Centre apartment valued at £100,000 could likely be rented out for around £700 a month, providing a total annual income of £8,400 and representing an 8.4% return on investment. This is obviously significantly higher than the 3% return that buy-to-let investors have become accustomed to in the area in recent years, making the current market look very appealing.”

If you are thinking of investing in buy-to-let property in Manchester City Centre, call Andrew Seldon, Associate Director responsible for Manchester City Centre operations for Thornley Groves – Manchester’s leading Estate Agents – on 0161 245 1100 or email manchester@thornleygroves.co.uk.

As the leading provider of property management services in Manchester for the private buy-to-let investor, Thornley Groves have a large team of property managers providing a full property management services to over 1,500 landlords.

This is designed to take away the headache of managing buy-to-let property and is ideal for new investors who are looking to move into the market. If you are interested in this service please contact us directly at http://www.thornleygroves.co.uk/valuation-request/.

Across the board we are seeing increased activity in the Manchester property market, which is showing signs of a return to liquidity after a difficult period experienced by the entire U.K. property market following the onset of the world recession in late 2007.

Thornley Groves maintains a large database of registered purchasers and this pool of applicants has increased by 13 percent during the past year alone. The number of sales stock available is also up 25 percent on this time last year, while perhaps most significantly of all, the number of sales stock under offer with Thornley Groves has increased 33 percent during the same period. In short, we are seeing huge increases in Manchester property market activity across the board – and this is of course fantastic news for home-sellers and purchasers alike!

Michael Groves, Managing Director of Thornley Groves Estate Agents in Manchester, said “All the evidence we are seeing points to a strong return to activity in the Manchester property market. While it is fair to say that one swallow does not a summer make, the combination of quantitative growth and qualitative performance indicators that we are seeing such as swift sales, seller-confidence, and increased property search activity, are positive signs. Home-sellers should certainly be more confident now of achieving sales in what is looking to be an increasingly buoyant market once again.”

In addition to growth in registered purchasers, sales stock available and stock under offer over the previous year, we have also seen a sharp increase in market interest in recent months, and our Open House events are attracting not only high attendance levels but also numerous offers being made for showcased properties on the day of these events.

All of this makes for an extremely positive and pro-active property market here in Manchester and the surrounding suburbs of Sale, Hale and Altrincham, and Thornley Groves is proud to be playing our part in helping find the right homes for you!

Want to know how much your home is worth? Book a Free no obligation valuation and marketing consultation today with Manchester’s leading Estate Agent at http://www.thornleygroves.co.uk/valuation-request/

 “What exactly is it?” you ask, that will enable us to do things differently……..it’s a video wall over 3 meters tall and a meter wide that will play day and night to the thousands of passersby on John Dalton Street, one of Manchester City Centres busiest thoroughfares featuring the superb developments that exist in and around the city centre.

 Flat screen marketing for property has been around a long time; agents all over the world have used plasma screens to showcase their stock for some years now but we believe TGTV is entirely different and really lends itself to the type of residential property available to buy or rent in Manchester city centre.

 In the suburbs there are streets and streets of houses – Terraced, Semis, Detached, old and new, they’re all different and you need to see photos both inside and out to understand if you’re going to like them.

 In the City the buildings themselves are Brands and we want to showcase them and their unique features to open them up to all those people who pass them without ever understanding what they have to offer. What does the building itself stand for? What type of people live there?

 Manchester has some wonderful Iconic Developments, buildings like the Hacienda, Number One Deansgate, LeftBank and Beetham Tower standing proud alongside the Grand Old Dames of the city like Smithfield Buildings, Chepstow House, Century Buildings and Chorlton Mill.

 Trend setting schemes like Timber Wharf in Castlefield, Chips in Ancoats and Express Networks alongside the Northern Quarter have proved fertile enough to allow whole communities to spring up around them with shops, bars and leisure facilities.

 Our Video wall will enable us to show case the buildings and the unique facets of their little corner of town, it will help us to demonstrate why life in the city has attracted so many people, both young and old, escaping suburbia to enjoy all that the city has to offer.

 Buyers and Tenants want to express their personalities by the building they live in, they want to emulate the admirable, they want to be gregarious, sociable and hospitable and we can show them how to achieve all those things through the home they choose to live in.  

 Our new office won’t have A4 sheets of paper in the window with pictures of the same buildings with different kitchens featuring tea towels on ovens and bikes on balconies. We want to show Buyers and Tenants the best that Manchester has to offer, it is the buildings themselves and what’s around them that attracts people and not a photograph of someone else’s double bed.

 The best way to market City Centre property is to highlight the appealing features of the developments themselves instead of blandly describing the accommodation. At Thornley Groves we will achieve this by pulling together all of the property we market through our FOUR city centre offices and feature them on the big screen in our new office in John Dalton Street.

 If you own and want to rent or sell a property in one of Manchester’s Iconic Residential Developments, you need an agent that’s going to demonstrate to buyers and tenants why it’s great to live there, why you bought it, after all you thought about your decision long and hard, you made a choice and you now need an agent that understands Manchester Property to highlight those advantages to the next occupier.

 Make your property stand out from the crowd, list it now with Manchester’s most innovative and high Profile Estate Agent call 0161 245 1111 or  click www.thornleygroves.co.uk/valuation-request to book a FREE valuation and receive effective marketing advice.

 View a VIDEO presentation of our Sales and Lettings service at www.youtube.co.uk/thornleygroves

 We think you’ll notice the difference !

With one of the slickest Letting and Management operations around, we receive praise from landlords and tenants every week complimenting us on the speed with which we find a tenant and move the tenant in, minimising void periods for landlords and allowing tenants to move in exactly when it suits them – any day 7 days a week !

We are however becoming a victim of our own success. The shortage of new build completions especially, in the City Centre but also in South Manchester, means that we are running short of stock and are finding it difficult to satisfy demand for well presented conveniently located homes, especially furnished ones that are ready to move into right away.

If you have a property that’s vacant or about to become vacant, contact your nearest Thornley Groves office now – we’ll match your property to one of our high quality tenants in record time and deliver the return on your property investment that you deserve!  We have over 700 tenants registered, actively looking for a home to rent today!

Call NOW on 07802 941 411 to arrange a FREE consultation for your City Centre or South Manchester Rental Property or click here http://www.thornleygroves.co.uk/valuation-request/

All this means that we NEED more stock. We can’t go to a trade supplier like most businesses and buy more stock to put on our shelves we NEED  owners of property to rent to contact us and invite us to help them find a tenant. Invite us now by clicking here http://www.thornleygroves.co.uk/valuation-request/

Whether you’re a professional Landlord with a single property or a large portfolio of properties, or a home owner who can’t sell and would consider renting, then pick up the phone and call your nearest branch http://www.thornleygroves.co.uk/branches/ NOW !

We’ll provide a FREE no obligation Rental Valuation and a competitive fee quotation

Alternatively fill out this short online form  http://www.thornleygroves.co.uk/valuation-request/ and one of our experienced Letting Agents will arrange to see you within 24 hours.

If you instruct us today we could have a quality tenant, fully reference checked and ready to move into your property, within just 48 hours.

Instruct Thornley Groves Letting Agents to handle your home letting and you won’t be disappointed. We’ve let over 5000 homes in the last 3 years and have the experience and resources to make things happen fast !

If you instruct Thornley Groves to handle the sale of your  Manchester City Centre Property you’ll be amazed at the reaction we can generate.

On the 19th May we listed an apartment in The Linx development close to Manchester’s Northern Quarter and Victoria Station at £149,950, a nice purpose built apartment with a balcony and a parking space.

So far we’ve generated a massive 30 viewings from our growing database of active home buyers, including owner occupiers, first time buyers, second time buyers, property investors and buy to let buyers.

Several strong proceedable offers have been received over the last week or so and such is the competition from buyers wanting to take it we’re just about to agree a sale at a price likely to exceed the asking price! 

Sold in 17 days !

All this at a time when many commentators are saying the Manchester City Centre property Market is over supplied with the few buyers that are around unable to obtain mortgage finance, none of which could be further from the truth !

Maybe its our pro active selling techniques, maybe its the fact that we have 3 City centre Manchester offices open 7 days a week handling Home Sales, Property Rentals and Property Management or maybe its because we have some of the busiest and most dynamic Estate Agents in Manchester but what ever the reason for our very own Linx Effect – we know we NEED more property to sell.

If you’re thinking of selling your property in Manchester contact us now for a FREE no obligation VALUATION by clicking here http://www.thornleygroves.co.uk/valuation-request/ we’ll provide you with an honest opinion of what we can achieve for you and in what time frame, we have buyers waiting  some of whom will miss out on the apartment in the Linx.

Want to act FAST then call us anytime on 0161 245 1111 and we’ll come out and see you today.

There are clear signs of real activity in the Manchester City Centre property Market we listed a great 2 bed apartment in the MM2 development in Manchesters vibrant Northern Quarter and agreed a sale within a week for a figure close to the asking price!

With the news media focussing on repossessions and how sluggish the property market is, it’s refreshing to see that real people – owner occupiers – are able to sell their properties in the current market, and guess what, the buyers are also real people, not buy to let investors but individuals who are buying to own and occupy in the city centre.

There is no denying that prices have dropped from their peak in August 2007 but the market and prices have stabilised and we are now registering more buyers on our database looking to buy, own and occupy than at any time in the last 18 months, buyers know that prices have become more much more realistic and the great mortgage deals that are out there mean that buying a place in the city centre has never been more affordable.

The sale this week of the MM2 apartment in the Northern Quarter highlights the fact that if you have a property you want to sell in the city centre and are willing to be realistic on price, Thornley Groves have the buyers ready willing and able to buy!

If you have a property you want to sell click here http://www.thornleygroves.co.uk/valuation-request/ to arrange a free valuation and marketing advice.

See more info on MM2 http://www.homesonview.co.uk/Scripts/FullDetails.aspx?CID=THORMANC&AID=THGRTIBS&PID=TTP03520