Manchester is one of the United Kingdom’s industrial capitals, with a rich history in manufacturing – particularly known for the city's production of cotton in the 19th century when it earned the nickname ‘Cottonopolis’.
Today, Manchester is home to 530,000 residents in the city, with over 2.5 million living in the Greater Manchester area. Manchester has given the world much more than you might realise, with the likes of political activist Emmeline Pankhurst, computer scientist Alan Turing, Wimbledon tennis champion Fred Perry and Britpop megastars Oasis all hailing from the northern city.
With such rich history and culture, it is little wonder why Manchester house auctions prove to be so popular thanks to the wealth of potential on the doorstep. Arguably the beating heart of the British working class, Manchester has plenty to offer its residents.
Average House Price in Manchester
The average price of a house in Manchester is £190,000, rising to just under £210,000 in the city centre. The city is famous for its Victorian-terraced housing and, with the majority of properties on the market being semi-detached houses, there are plenty of opportunities to find a suitable family home in a built-up area.
Unlike London where the cost of living can be astronomical, Manchester presents a far cheaper alternative for those looking for property in the city. This is certainly reflected in the housing market where, with LetsBid, buyers can find a bargain through our Manchester property auctions, with numerous listings available to bid on via vetted estate agents.
Top Manchester Attractions
There are three main things that Manchester is known for – its industrial roots, its musical heritage, and its sporting appetite. Fans of football will find two of the country’s biggest clubs, Manchester United and Manchester City, playing on their doorstep, while Rugby League is also hugely popular in the Greater Manchester area – here, you will find fans of Wigan Warriors.
Those looking to be entertained need not look any further than the Manchester Arena and fans of theatre will rejoice at the prospect of attending a show at the Royal Exchange Theatre. With numerous galleries and museums also in the city, it's clear that Manchester is a city brimming with arts and culture – enough to make anyone fall in love with one of the UK’s humblest major cities.
Demand for Manchester Property
The housing market is booming in the Manchester area, with more and more residents moving to the region largely due to the city’s career prospects and modest price of owning a home. With such high demand, it is only a matter of time until house prices rise, making this the perfect time to invest in the area.
With so much happening in the local area, placing a bid through any of our Manchester house auctions is a no-brainer. Whether the end goal is to find a suitable project or a family home, with LetsBid, the process simply couldn’t be any easier.
As soon as you are registered, you have access to bid on any property you like through our vetted estate agents, taking away many of the hurdles that you would otherwise have to cross in order to get the keys.
What Happens When You Agree on a Price?
From the moment that you agree on a price with an estate agent, the property is then taken off the market for a period of 28 days. This gives the buyer four weeks in which to make arrangements before completing the purchase which, assuming all goes well, will culminate in the handing over of keys.