Hulme for capital growth?

[bigdreamsp]

Hello all,

I've been looking at buying in Manchester and have typically been looking for a house within 1 mile from the city centre. My thought is that a house within close proximity of the centre could be of high value in the long run once the centre starts to expand out.

Most prime areas are very expensive for houses but Hulme is one of the few areas where prices are still very low.

I'm not from Manchester and not that familiar with all the areas but from all the discussion around Manchester it has got me interested. I would be grateful for your thoughts on the area of Hulme and its prospects for growth. Or maybe you guys have insights to the reasons why it hasn't had the level of growth compared to other areas close to the centre.