Ever wondered where to invest in the UK?
A new report that outlines the UK’s top buy-to-let locations has been posted on the Nigeria Real Estate Hub.
The report ranks Manchester as the UK’s best location for buy-to-let investment.
It mentions that the city’s low property prices coupled with high rental costs makes it a prime location for investors.
The report states that buyers should think about areas that have a balance between low house prices and strong rental returns.
The great North/South divide
It’s a big debate in the UK. With northerners ranking the north as no.1 and southerner ranking the south as the best.
The report splits its hotpots in two – with Manchester and Liverpool in the north and Bedfordshire and London in the south.
Either way, it would appear that there is money to be made from UK property investments.
Investing in Liverpool
Opportunities such as this transformation of a historic site in Liverpool have provided investors with low entry level way to profit from the buy-to-let market.
Since the government eased up on planning constraints, construction across the UK has picked up.
The shortage of property in the UK means that the country need an additional 200,000 houses per year to keep up with the demand for housing.
Making a splash in Luton
Opportunities in the south of England, like this project in Bedfordshire, provide investors with a low entry into an alternative property market.
Investment in the south – especially town centres in need of some TLC – are a popular choice for those looking to generate an income from property.
The UK’s shortage of housing across the residential, student and care home markets mean that the market is prime for investment.
London will always be a top choice for buyers however, with the average property price just under half a million, investors are looking outside of the capital to generate stronger returns.