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/.

A campaign to secure new rental stock has been launched on Key 103 Radio station and in the local press including The Sale and Altrincham Messenger and The Stretford and Urmston Messenger.

The campaign is designed to attract landlords by our commitment to obtain the highest possible rent in the market place but within a very short time frame in order to minimise the void periods that can so easily leave a landlord considerably out of pocket.

Our ability to quickly analyse the supply and demand ratios for each individual property has enabled us to secure dramatically increased rents for many properties. Rather than just renewing with the existing tenant for an easy life, we are encouraging landlords to remarket their property 2 months before the end of the existing tenancy at its new current market value in order to maximise the return.

Our proven track record in being able to harness the interest of fully referenced, reliable tenants using the latest criteria matching software and then complete the letting fast, without compromising the quality of the referencing or inventory process, has seen our client list of landlords, who allow us not only to let but also manage their properties, break through the 1,500 mark during the last 12 months.

You’ve invested in property – trust Thornley Groves Estate Agents to deliver your return.

If you have a property that is coming up for renewal soon, or one that is currently available to rent, talk to Thornley Groves.  You can list the property with more than one agent at no extra charge and pay only the agent that lets the property for you.

Increase your chances, contact us now for a FREE no obligation consultation by clicking below 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 !

Located on the outskirts of the city centre in the popular St James Park Development Salford which is close to Salford Quays and a short commute from Manchester City Centre.

Want to arrange a viewing call now on 0161 245 1111 or email paul.olverson@thornleygroves.co.uk we can view 7 days a week including weekday early evenings. 

For further details click here http://www.homesonview.co.uk/Scripts/FullDetails.aspx?CID=THORMANC&AID=THGRFORD&PID=TFP01844

The house has Parking and Gardensand is ready to move in to. If you’re a buy to let investorwe could rent it for around £625 pcm and if you’re a first time buyer currently renting we reckon your mortgage payments would be cheaper than your rent! So step onto the property ladder now and save money!

Viewings can be arranged at anytime and at short notice so call 0161 941 4111 for an appointment to view.

More information click here

http://www.homesonview.co.uk/Scripts/FullDetails.aspx?CID=THGRALTR&AID=THGRALTR&PID=TAP04611

Considering selling? Click here for a FREE valuation http://www.thornleygroves.co.uk/valuation-request/