Manchester’s £1.4bn Mayfield Regeneration & Property Investment

Manchester continues to strengthen its position as one of the UK’s leading cities for property investment, and the £1.4bn Mayfield Park regeneration is proof of that. This landmark development is not just transforming a forgotten part of the city centre – it’s setting the stage for long-term value, community growth, and high-quality living.

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With nearly 900 new homes now in the pipeline, alongside expansive green space, commercial offices, leisure amenities and a state-of-the-art transport hub, Mayfield is quickly becoming one of the most exciting destinations for residential and serviced accommodation investment in Manchester.

For those looking to capitalise on Manchester’s growing demand for short-term rentals, particularly near the city’s transport and business hubs, Mayfield represents an opportunity to enter early into a well-connected, fast-developing neighbourhood.

• Manchester’s Mayfield Park is undergoing a major regeneration, with 879 new homes and commercial spaces coming forward.
• The area is located next to Piccadilly Station, offering strong potential for serviced accommodation and corporate lets.
• Green space expansion and modern amenities make Mayfield highly appealing for residents and short-term guests alike.
• CasaCity supports investors by offering tailored management and stunning furniture packs that maximise rental returns.

Once a disused stretch of brownfield land, Mayfield Park is now at the heart of a 24-acre masterplan that will deliver hundreds of new homes, a major public park, and top-tier commercial infrastructure. Its location – right next to Manchester Piccadilly Station – places it in a prime position to attract commuters, business travellers and city-centre tenants.

With developers now submitting plans for 879 apartments across four blocks, including one, two and three-bedroom units, the area is expected to attract a wide demographic of residents – from young professionals and students to families and corporate tenants. Shops, cafés, wellness facilities and community spaces will sit alongside the new homes, helping to foster a dynamic, liveable city district.

Importantly, these developments are also focused on sustainability and liveability. Features like rain gardens, rock gardens, and a newly created park square reflect the city’s ambition to blend urban convenience with greener lifestyles.

For investors considering short-term rentals in Manchester, the Mayfield district is a highly strategic choice. As a short walk from the city’s main rail station and within easy reach of the Northern Quarter, Ancoats, and Oxford Road Corridor, Mayfield is positioned to meet demand from both leisure and business travellers.

The city’s growing reputation as a destination for conferences, tech, finance, and media makes it an ideal market for luxury serviced apartments and corporate accommodation. Developments like this are particularly well-suited to short-term lets due to their central location, new-build quality, and nearby amenities.

As Manchester continues to experience tourism and business travel growth, investors can expect increased demand for high-quality accommodation that offers space, flexibility, and comfort – all of which serviced apartments deliver in spades.

At CasaCity, we help investors unlock the full value of their properties by offering tailored services that support high-performing short-term rentals. Our comprehensive property management approach includes dynamic pricing, guest management, and maintenance – taking the hassle out of running a serviced apartment business.

To help you stand out in a competitive market, we also offer stunning furniture packs, carefully designed to elevate your property and attract premium nightly rates. Whether you're letting to business travellers or weekend city-break guests, the right furnishings make all the difference in presentation, appeal and guest satisfaction.

By working with CasaCity, landlords gain access to a trusted partner who understands the serviced accommodation market inside and out – especially here in Manchester.

What sets Mayfield apart is the sheer scale and quality of the regeneration. Beyond the residential elements, it will include 325,000 sq ft of office space and the city’s largest cycle parking hub. These features will support a thriving daytime population, which directly benefits serviced accommodation operators targeting business travellers and contractors.

The addition of cafés, wellness clubs and community spaces also means that the area will serve as more than just a place to sleep – it will be a neighbourhood people want to experience. And with green space increasing by 57% in the area, the lifestyle offer rivals that of much more expensive city zones.

For early investors, there is significant long-term potential. Buying into a regenerating district at this stage often leads to strong capital growth, higher rental yields, and long-term occupancy stability – all of which contribute to a solid property investment.

Manchester is a city that thrives on reinvention, and the Mayfield regeneration is yet another chapter in its upward growth. As new homes, commercial opportunities and public spaces take shape, investors have a real opportunity to be part of something substantial – not just a new postcode, but a new city centre district.

For those in the serviced accommodation sector, Mayfield's mix of connectivity, green space and modern living make it a perfect match for high-yield, short-term rental strategies. And with CasaCity on hand to manage, furnish and maximise your property, there's every reason to get involved early.