The UK’s property market is in a continual state of flux, though as a general rule, property prices still continue to rise across the country.
However, whilst the market as a whole is still buoyant, some places are performing noticeably better than others. If you’re currently searching for buy-to-let property for sale, here are a few locations you might want to consider.
The Best Locations for Buy-to-Let – High Performers
And the Cities?
If you’re interested in generating a solid rental yield and good capital growth, then investing in a city-based property might be a better option. Places like Liverpool, Sheffield and Manchester are the star performers at present, offering rental yields that are far higher than the national average, not to mention rising property prices too.
However, if you’re looking for strong tenant demand, few cities can compete with the capital. Investment properties in London usually attract tenants in their droves, ensuring a steady, reliable monthly income. You’ll be paying more, of course; though if you explore areas such as Newham, Enfield or Hounslow, you’re likely to be pleasantly surprised by how affordable the properties are.
What About Falling Prices?
Some investors (particularly those interested in longer-term profits) are adopting a different approach, and targeting towns where property prices have stagnated. This ensures a bargain, but can be a risky strategy – which highlights how important it is to get to grips with the property market.
It’s worthwhile exploring alternative ways to purchase a buy-to-let property for sale; for example, buying a house at auction, or buying via a property investment agent.
The Buy2Let Shop Limited
If you’re keen to learn more about property investment in the UK, talk to The Buy2Let Shop. We’re expert property investment agents, and we’re here to help you get the most from your investments and grow your portfolio.
We also hold regular free property investment seminars, designed to boost your knowledge of the market. To find out more, visit The Buy2Let Shop website today.