Mayfield Manchester
Developer: U+I / LCR / Manchester City Council
24-acre brownfield site next to Piccadilly station delivering 1,500 homes, 1.6m sq ft of offices, hotels and the city's first new public park in 100 years.
New Homes in Manchester
The UK's highest-yielding major property market
Manchester is the UK's most active build-to-rent and apartment market outside London, with the city centre on track to house 100,000 residents by 2026. Rental yields of 5–6.5% — well above the UK average of 3.5–4% — and major regeneration in Ancoats, NOMA, Mayfield and Salford Quays continue to attract owner-occupiers and investors alike.
9 active developments From £180k Greater Manchester
Featured developments in Manchester
Angel Gardens
by Moda
Manchester, Greater Manchester, M4 4GE
100 homes
UNCLE Manchester
by UNCLE
Manchester, Greater Manchester, M1 7AP
100 homes
The Trilogy
by Allsop
Manchester, Greater Manchester, M15 4RU
The Astley
by Savills
Manchester, Greater Manchester, M1 2FB
One Silk Street
by Northern Group
Manchester, Greater Manchester, M4 6LZ
Flint Glass Wharf
by Northern Group
Manchester, Greater Manchester, M4 6AD
136 homes
Show all 9 developments in Manchester
Manchester property market in 2026
5-year outlook: ~24–28% forecast 5-year capital growth
Prices are forecast to rise 3–4% in 2026 supported by limited supply and steady demand. Three structural drivers: persistent undersupply vs. population growth, rental demand from students and young professionals, and ongoing major regeneration in Ancoats, Mayfield, NOMA and the Etihad Campus.
Why buy a new home in Manchester?
- ✓ 5–6.5% rental yields, the highest of any UK major city
- ✓ ~100,000 city-centre residents by end-2026
- ✓ Two universities and 100,000+ students
- ✓ Direct trains to London Euston in 2h 8m
- ✓ Major employers: BBC, ITV, Manchester United, Booking.com, Co-op, Bank of New York Mellon
Transport & commuting
Manchester Piccadilly is the city's main railway hub, with frequent Avanti West Coast services to London Euston and TransPennine Express trains across the north. The Metrolink tram covers most of the city, and Manchester Airport is 10 minutes away by train.
| Destination | Time | Mode |
|---|---|---|
| London Euston | ~2h 8m | Avanti West Coast |
| Manchester Airport | ~10m | Train |
| Liverpool Lime Street | ~50m | TransPennine Express |
| Leeds | ~55m | TransPennine Express |
Schools in Manchester
Manchester has a wide range of state and independent schools, with the strongest secondary catchments in Didsbury, Chorlton, Whalley Range and Sale (Trafford). Manchester Grammar School and Withington Girls' School are among the country's top performers academically.
- Manchester Grammar School (independent, boys)
- Withington Girls' School (independent)
- Loreto Grammar School (Trafford)
- The Manchester Academy
- University of Manchester, MMU, Salford University
Major new-build schemes in Manchester
NOMA
Developer: Hermes / Co-op
£800m mixed-use scheme of apartments, offices and public realm centred on the former Co-op estate north of Victoria station.
Salford Quays
Developer: Various
Waterfront apartment market next to MediaCityUK, ITV and the BBC. Average flat £203,475 with rental yields of up to 6.5%.
Things to do in Manchester
- • Manchester Art Gallery and The Whitworth
- • Old Trafford and the Etihad Stadium
- • Manchester Museum (free, recently expanded)
- • Northern Quarter independent shops, bars and cafés
- • Heaton Park — the largest municipal park in Europe
Frequently asked questions about new homes in Manchester
How much do new build homes cost in Manchester?
The average new-build in Manchester sold for £296,000 between April 2025 and March 2026 — about £29,000 more than older stock. Greater Manchester new-builds average £313,000.
Are Manchester new builds a good investment?
Manchester offers some of the highest rental yields of any UK city (5–6.5%), driven by a 100,000-strong student population and growing professional workforce. Capital growth of 24–28% over five years is forecast, making it competitive with Birmingham's 2015–2020 trajectory.
Which areas of Manchester have the most new builds?
City-centre apartment supply is concentrated in Ancoats, NOMA, Castlefield and Deansgate; family-home supply is strongest in Salford, Trafford, Stockport and the M60 corridor.