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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