If you’re looking to buy a home in Didsbury – perhaps to rent out to young professionals – our property accountants can help you to work out the profitability, factoring in property tax and so on.
There’s likely to be a margin to be made, as Didsbury was recently named as the UK’s number-one property hotspot outside of the south.
Perhaps unsurprisingly, nine of the top 20 wishlist locations for aspiring urbanites are in south-west London, according to Lloyds Bank’s research.
And the absolute top spot goes to Hove, with Brighton postcodes not far behind, as many want to live in ‘the city by the sea’.
But outside of these areas, Didsbury is out in front by far – and with an average property price of £240,000 compared to £150,000 in Manchester as a whole, that’s a 60% premium for the M20 postcode.
For investors, that means there’s money to be made, particularly if you can buy relatively cheap and add value by refurbishing or extending.
Whatever your plans – even if you’re buying a new home for yourself – our property accountants are on hand to advise on property tax exposure and other financial issues.