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Tuesday, 29 August 2017

5 Place Outside London for Investing Property in UK in 2017


Are you thinking about buying an investment property out of London because property prices in London are out of your financial reach? Well! You could be right!

But do you know the best places outside London for property investment? Now this is the burning question of today.

Remember, property investment market is volatile and subject to changes. Therefore, being a property investor, putting all your eggs in just one basket is a very bad idea. In other words, if you are investing in property then do not keep on investing only at one place. You must know the list of alternative places suitable for investing in property in UK to avoid problems that arise because of the following:

·         Changes in market
·         New taxes
·         Stamp duties
·         New regulations
The changes could really affect your rental income. That is why we are suggesting some best places to buy investment properties outside London.

Here is the List:

Manchester

·        This capital of north has already been outperforming the national capital. Here are some solid reasons to consider Manchester seriously:
·         Benefit of multibillion pound regeneration projects
·         Property prices are rising very fast. However, you can still afford to buy a house at auctions here.
·         The growth rate is almost 8.8% per year. 

Liverpool:

You cannot ignore Liverpool in 2017. Again, you have some solid reason to invest here:

· The average price of properties in Liverpool is around £149, 000. So, if you are thinking about investing in property in Liverpool UK, you have chance to strike good bargain.

·   Moreover, the value of your property will only multiply with time as a lot commercial properties and businesses are opening here every week.

·   Investment by Liverpool FC and Everton FC for the development of a waterside stadium on the banks of  river Mersey is expected to boost a regeneration in the area significantly.

Now you can think about buying an investment properties in Liverpool UK

Sunderland:

This part of UK is really great for investors seeking opportunities to bag great returns on their investments. As for reasons:

·      Buying a house in Sunderland, UK is your own opportunity to grow your wealth as a landlord at the rate of 6.9% per year.

·  Base price of every property is very much affordable for every investor.

    Most of the population of this town belongs to student category. Therefore, again, investors have a great chance to increase their ROI.

·  Investors can easily buy student properties for as little as £90,000 or little more.

Luton:

If you are thinking/planning about buying a house at auctions but do want to go far from the national capital then this is the best place for you. There are some reasons of it:
· This place is growing financially very fast.
·  Property prices are increasing fast
· Hedge fund Cheyne Capital have already signed a huge deal with Luton council for funding 400 new rental residences.
·  Thanks to the presences of globally famous employers like Amazon Vauxhall. This really will help the town attract a lot of tenants.

At last:
Thinking about investing in property outside London, UK? Do you want to know about best places to invest outside London to increase your income? If yes, we are just a phone call away!


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