The increase has been fuelled by the continued demand from young professionals and both international and domestic students alongside a significant reduction in supply
The cost of renting an apartment in Manchester city centre has increased by almost 20% over the last year, according to a new report.
Manchester also saw its average annual rental growth of three-bedroom properties outperform one- and two-bedroom homes at 33%. Steve Hogg, head of UK residential regions and North West, said: "Manchester continues to attract significant amount of inward investment, students and young professionals, looking to make the city their home.
Louise Emmott, managing director at Kingsdene, added: "Over the past few years we have seen enquiries for properties in the city centre across both sales and lettings rise dramatically.
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