Choosing whether or not to offer an apartment furnished or unfurnished is a major part of the decision-making process for landlords big and small, so we've analysed every single property let in Manchester City Centre over the last year - nearly 11,500 in total - to bring you the most comprehensive comparison into rents achieved for furnished or unfurnished properties and which option is best for both landlords and tenants.
The data we used were property listings from a multitude of sources from between June 2019 and June 2020. We then analysed the description data for these properties, selectively picking out those which detailed whether they were furnished or unfurnished. Rental data is presented gross (£ pcm) as well as per sq.ft. per annum to ensure a thorough like-for-like comparison is made between apartments in Manchester City Centre offering furnished, unfurnished or flexible.
Manchester City Centre has seen incredible growth in recent years, from a population of 3,000 in 2001 to over 60,000 today, and nearly 65% of households here rent. With a further 26,500 apartments now under construction or proposed in the city, the question over whether or not to furnish them has never been more pertinent.