Blog Post

The Inner City Manchester Postcode that Attracts Millionaires

Jul 25, 2019, 11:00 AM by Rebecca Galgut

.. but you can live there for a fraction of the price.


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Manchester’s M15 postcode boasts some of the most expensive homes in the city.

It is the address of Deansgate Square where Premier League footballers are setting up home, and rents for penthouses are topping £6,000 a month.. but cross the Mancunian Way and the same postcode

offers some of the most affordable property in the city centre.

“It’s madness really,” says Gurmet Chumber, who founded C and R Properties in Hulme in 2005 and says the area has transformed in the last decade.

Apartments in West Tower are all for rent – from £895 a month for a one bed – apartments in the 64 storey South Tower are all for sale.

Prices start at £232,000 for a 41sqm one bedroom apartment but the upper limit will be up in the clouds and prices for the four bedroom duplexes with winter gardens and vaulted living rooms have not yet been released.. but a couple of roads away and it’s a different story and you can buy a one bedroom apartment with balcony for £97,500.

"Young professionals who want to be close to the city centre find that if they just go to the other side of the Mancunian Way they can get a three-bedroom house for £180,000 with parking and a garden – you would be lucky to find a two bedroom flat for that in the city centre.”


Read the full article from Manchester Evening News here:  https://www.manchestereveningnews.co.uk/news/property/millionaires-flocking-inner-city-manchester-16603363


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