Build-To-Rent - BTR Developments Manchester

Manchester has undergone huge transformation in recent years and has become a popular location for BTR developments. Almost 9,000 build-to-rent apartments have been built since 2018, with another boom set for 2024/25 when the next phase of developments will be complete. 

Greater Manchester has a population of almost 3 million, and its population is growing at two times the average UK growth rate. Population forecasts predict the city centre will grow by a further 10% by 2025. There is however still not enough housing to meet this growing population and demand for rental homes in the city, and there is a requirement for further BTR investment.  Built-to-rent offers a solution to the housing crisis by supplying much needed modern rental homes for those not ready or willing to buy yet.

Ultimately, convenience is key when it comes to the new built-to-rent apartments in Manchester. Ideally suited to a variety of renters due to their typical studio, 1-,2-, and 3-bedroom offering, it is fast becoming the preferred choice for renters due to quality, location, furnishings, and additional services such as 24/7 concierge, parking and great facilities i.e. roof terraces and gyms. It's clear to see why these new build rental apartments are so appealing and have experienced huge success in terms of demand and occupancy.

Manchester is a brilliant city to live and work in with lots to do. It has one of the best music and nightlife scenes in the UK with something for everyone. It’s also famous for football with two of the biggest clubs in world - Manchester City and Manchester United - residing there.  It is a city with huge appeal to young people, which is why build-to-rent has taken off so much and experienced great success.

With three universities, Manchester also has a booming student population, with around 100,000 students residing in the southern side of the city, so the area is predominantly student based, especially around Oxford Road.  Build to rent has huge appeal to the likes of graduates and urban professionals wishing to stay and work in the city, and demand is expected to grow.

Manchester is very easy to get around thanks to the fleet of trams, trains and buses available. There are also great job prospects which is one of the reasons the population is increasing year after year and there is a demand for more housing, including rental housing/BTR. Media City UK is a 200-acre mixed-use site and home to the BBC and ITV studios. There is also careers in financial services, shopping/retail, sales and more. 

The cost of living is much more affordable compared to other cities such as London or further down South, making it an attractive city for graduates to stay in after they complete their degrees, or for professionals to move to due to some excellent job prospects. 

Manchester has become an economic powerhouse and a magnet for property investment. The city has well and truly embraced Built-To-Rent investors and developers, acknowledging the growing requirement for housing in the city and awareness that in order to maintain this economic growth it requires a steady housing supply.

Build to Rent is Established in Manchester Already

BTR has been a huge success in this city, and with the continued population growth, Kosy Living is keen to secure sites for residential development in Manchester and is currently exploring potential locations. Our build-to-rent offering provides ultra-modern, high-spec and beautifully designed apartments that are fully furnished in excellent city locations. Our facilities often include a gym and class spaces, areas to work from, a cinema and we prioritise delivering on great outdoor space. 

We are excited to bring our Build to Rent BTR offering to Manchester!

Seeing how BTR developments have been a huge success within Manchester, we feel co living will offer even more value to the community. If you would like to find out more about our co living developments in Manchester then visit our co living page.

Build to Rent is fast becoming an ever growing sector and Kosy Co Living will be within the heart of it. We launched our portfolio in early 2022, unveiling a £1billion development pipeline. Our portfolio is growing rapidly and we are now welcoming new funding partners for our BTR developments across the UK. Our projects are currently in Bath, Birmingham, Brighton, Bristol, Cardiff, Cambridge, Guildford, Leeds, London, Oxford, Reading and Surrey. 

Currently researching and creating proposals for the following areas;

Bournemouth, Belfast, Edinburgh, Glasgow, Liverpool, Manchester.

As our pipeline grows we are looking to forward fund our larger schemes within the build to rent sector. We have commercial property investments build to rent opportunities for forward funding, equity partners, joint ventures, unconditional funding partners and planning uplift partners. We have opportunities for joint ventures with equity partners as we obtain planning permission with a view to sell or re-finance at PC. We are also sometimes presented with great opportunities for developers where the land owner needs an immediate sale and we are looking to partner with investors who would fund this type of project.