Queues outside letting agents, offering to do-up a landlord’s flat, and needing a guarantor for a guarantor are just some of the realities facing Manchester's city-centre renters.
While competition has always been fierce to secure a swish flat — especially in hyper-trendy areas like Ancoats — the spread of demand has now enveloped the entirety of town.
And now, rents are surging. Data from the council shows that the average monthly cost of a two-bedroom property in the city centre was £1,082 in April.
That’s 9.8 percent higher than at the end of the previous financial year. READ MORE: The ‘silly rule’ stopping small businesses in the city centre doing deliveries The biggest hikes have been in Chapel Street West and Oxford Road South where rent has risen by 17.3 percent over the last year, followed by Piccadilly Basin.
Read more on manchestereveningnews.co.uk
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