27th Jun 2025|Property Investment|News|

Circle Square vs Other City Centre Investments: What Sets It Apart

For property investors, Manchester city centre remains one of the strongest-performing UK investment zones in 2025. But within that headline opportunity lies a more important — and often less obvious — question: which developments are actually delivering the most stable, long-term performance?

While Manchester as a city has consistently outperformed for over a decade, not every apartment block, scheme or postcode produces the same results. The key to sustained returns lies not just in buying Manchester, but in understanding where in Manchester to buy.

One of the clearest examples of this distinction sits at Circle Square.

Manchester’s city centre: a high-performing but varied market

The city centre itself is now mature. Large-scale developments delivered across Spinningfields, Deansgate, Castlefield, Ancoats, Salford Quays and the Oxford Road Corridor have provided investors with a wide range of asset types.

But the market has now evolved into two very distinct categories:

  • Legacy stock: Often built during Manchester’s first major residential boom between 2005–2015. While many still perform, these schemes can show growing signs of strain: ageing building systems, dated specifications, increasing maintenance costs and pressure on service standards.
  • Next-generation schemes: Fully amenitised, professionally operated developments built with today’s tenant expectations in mind. These schemes attract higher rental premiums, longer tenancies and stronger rental yields, while remaining competitively priced for investors seeking stable income.

Circle Square sits firmly in this second category — and its performance data reflects that.

Location advantage: the Oxford Road Corridor effect

The first point of separation is location. Circle Square isn’t simply located in Manchester city centre: it sits directly within the Oxford Road Corridor — arguably the single most dynamic employment and education cluster outside London.

Within a 10-minute walk of Circle Square:

  • The University of Manchester and Manchester Metropolitan University — together housing over 70,000 students.
  • The Manchester Science Park, home to a growing £3bn life sciences sector
  • Major employers including Bruntwood SciTech, NHS research hubs, tech firms and multiple venture-backed scale-ups.
  • The Manchester Technology Centre and BT’s Northern tech hub.

This isn’t a theoretical regeneration area — it’s a fully operational economic engine, drawing high-earning professionals, postgraduate students, researchers and global corporates into one concentrated location.

For investors, this creates a tenant demographic with:

  • Above-average earning power
  • Strong appetite for premium accommodation
  • Longer-than-average tenancy duration
  • Low exposure to rent volatility or void risk

Tenant experience: why modern amenities drive retention

Where Circle Square materially differs from many other city-centre schemes is in the scale and scope of its resident offering.

The development includes:

  • Three rooftop terraces overlooking Symphony Park
  • Extensive private dining facilities and bookable event spaces
  • Large-scale co-working areas with private booths and group meeting zones
  • 15th-floor residents’ lounge and skyline views
  • 24-hour concierge services
  • Secure parcel storage and digital access control

These aren’t token facilities for brochure purposes. They are professionally operated services designed to meet the day-to-day expectations of modern, lifestyle-driven tenants.

This matters because today’s tenant base — particularly among the 25–40 professional demographic — no longer views these features as ‘nice-to-haves’. They are becoming part of the expected baseline, especially for those paying premium city-centre rents.

By delivering this standard, Circle Square consistently achieves high tenant satisfaction scores, rapid re-let times and longer tenancy renewals — all of which directly support yield stability.

Real operational data: not marketing projections

Unlike off-plan schemes where forecasts are speculative, Circle Square operates from a live, stabilised track record:

  • Current occupancy at 98%
  • Average void periods of just 11 days
  • Gross yields consistently at 6.5%–7%, across multiple unit types
  • Full institutional operating standards via professional management partners

For investors seeking reliable, income-generating city-centre assets, this kind of operational track record is invaluable. It allows buyers to assess yield performance based on live tenancy data, not forward-looking sales assumptions.

Price positioning: buying stability, not hype

A common misconception is that assets like Circle Square must carry significant pricing premiums versus the wider Manchester market. In practice, pricing remains competitive compared to many less well-positioned city-centre schemes.

Recent market data shows that:

  • Circle Square’s two-bedroom apartments are priced 17% below local averages for equivalent premium city-centre new builds
  • With rental growth projected at 3–4% per annum through 2028 according to Savills, further income uplift remains highly achievable.

This positions Circle Square as both a stabilised yield performer now — and a growth opportunity in real terms as the Oxford Road Corridor continues to expand.

Why does Circle Square outperform some headline ‘prime’ schemes?

Many Manchester investors have been offered product in recent years with heavy emphasis on headline branding, early-stage regeneration zones, or luxury design specifications. But these often carry risks:

  • Overpriced early entry
  • Incomplete local infrastructure
  • Over-supplied pipeline areas
  • Unproven tenant demand profiles

By contrast, Circle Square’s location, tenant base, amenity package and operating history place it firmly in the “performing core” of the city — offering the kind of de-risked income performance Manchester property investors are prioritising in 2025.

The serious investor view

The question is not whether Manchester city centre works as an investment location — that case is well-established.

The more important question for investors today is which buildings will continue to deliver consistent income, strong tenant retention, and stable operational costs over the full hold period.

Circle Square continues to demonstrate — through its real-world tenancy data — that it sits within the highest-performing tier of Manchester’s stabilised city-centre assets.

For serious investors building long-term portfolios, these are the assets that will continue to compound income while offering genuine growth potential as Manchester’s central economy expands.

Explore Circle Square here or fill out the form below to register your interest in this exceptional development.

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