Looking to invest in Property? The top 6 places in UK market

Written by Posted On Thursday, 14 March 2019 03:40
property investment UK property investment UK property investment UK

Ready to make a property investment and diversify your portfolio but wondering what are  some of the top investment options in the UK?


With a great deal of uncertainty around Brexit, you are right in wondering what type of property investment UK will work in the longer term.

 

Companies have started making arrangements to stock up on goods to avoid any kind of disruption. This has obviously led to a high demand in industrial real estate and warehousing.

 

Some of the high demand assets include distribution units and multi-let portfolios. This strong demand is highlighted by positive market outlook and the rise in eCommerce.

 

Average house prices have also continued to rise across the country. With such a strong and positive market, the time is right to invest in the UK property market and here are the hottest locations to invest in:

 1. Manchester

If you follow property news then you might be aware that property rates in Manchester city centre have skyrocketed in the past couple of years. The entire landscape is now made over and it is truly one of the most exciting places to live in the UK with its new found energy and vibrance.

While the city centre is a great place to invest in, you could also explore the surrounding areas. Owing to a ripple effect, you can also look at place like Wythenshawe, Stockport and Bolton to benefit from this housing market boom. An important point to note is to look at places on the tram network considering the ease of commute into the centre.

Greater Manchester property is definitely the top contender for property investment in 2019.

2. Northampton

Northampton has one of the best records for house sales averaging one home sale in 33 days. There is indeed a high demand in Northampton from several people who are moving to this area for their work. House prices in Northampton have been rising all through 2018.

If you are have a bigger budget for your residential property investment, then you can start your search in Abington which is east of the town centre and located amidst the verdant surroundings of Abington Park and the Racecourse. Collingtree towards the south of town is also a good option if you are interested in massive, detached homes. The entire area comprises large, sprawling properties with a very famous golf course as the hub.

If you are looking at a peaceful property as your retirement getaway, then there are many quaint villages to choose from.

3. Liverpool

Liverpool is again one of the popular choices in every real estate top locations list, especially if you would like to invest in the North. Here is a place that offers a bit of everything and has benefited much from the Manchester ripple effect.

And while there has been massive redevelopment of its city centre, the prices still remain affordable and attractive from the investor’s standpoint. This means that you can invest well for the long term at a lower rate than you could have probably done a couple of years ago. This promises good returns for the investors. Another reason to invest in Liverpool is that the Liverpool Waters project is finally picking up speed and it adds more value to your investment in the longer-run.

4. Birmingham

Birmingham was the second fastest growing city in the UK in 2018 with a growth prediction of 14% over the next couple of years.  With a large percentage of young population, five universities and a young talent pool, Birmingham is also the largest financial and professional services hub that attracts great corporations and therefore people.

Not surprisingly, Birmingham is by and large considered one of the best places to invest in UK. There is unprecedented inwards investment in BIrmingham and many infrastructural changes. The city’s population is slated to rise to 1.3 million by 2039.

The time is ripe to invest now also because Birmingham is the official host for the global event for the 2022 Commonwealth Games. Invest now and you can cash in on the demand.

5. Leicester

Leicester is rightly called the third and final ‘Greater City’ of the Mildands, and it has seen a considerable growth in property prices in the past few years. It is a highly competitive market, due in part to the imbalance between supply and demand.

With numerous household name-brands inside the city, it has a unique appeal for investors. There are many points that work in favour of Leicester, be it the central location that gives access to millions of customers and proximity to Europe, or the diversity and business growth in Leicester. With property prices steadily increasing since 2000, Leicester is a major investment hotspot.

6. Nottingham

Nottingham is somewhat underrated when it comes to property investment but that doesn’t mean you should neglect it.

Nottingham has a great city centre and is also one of the top performing cities for gross rental yields. It was listed to have an average monthly rent of f £929 and an average net yield of 6.2% before tax. It continues to remain one of the hotspots for buy-to-let property investments. Some reasons for its popularity are a well-balance job market, major universities, an excellent transport infrastructure and high accessibility with motorway, railway and airport connectivity.

Rental yields are strong both within the city centre and outside of it but growth will be stronger in the city.

Invest some time in research and you will find a great property for buy-to-let that generates a regular stream of income.

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