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Where to invest in property in the UK
Investing in property is a way to achieve a stable guaranteed income every month. The most important factor is ensuring...
I
nvesting in property is a way to achieve a stable guaranteed income every month. The most important factor is ensuring you’ll see a return on your investment. Renting out properties in the wrong areas can leave you in debt rather than making a profit in the long-term. These are the best places to invest in property.
Manchester
The city in the northwest of England has a rich and interesting history. Over the years Manchester has seen a lot of growth, due to the cultural aspects of the city, as well as the cheaper property prices.
Rental Yield: 5.42 PC
Capital Gains: 6.28 PC
Rental Price Growth: 3.71 PC
Birmingham
The midlands based city is known for its industrial growth as well as its canals which are lined with chic cafes and bars. The city is a favourite among many due to its Museum and Art Gallery.
Rental Yield: 4.6 PC
Capital Gains: 6.7 PC
Rental Price Growth: 3.91 PC
Luton
Luton is a chosen place for many due to its airport. The Bedfordshire town offers convenience and easy travel for commuters.
Rental Yield: 3.97 PC
Capital Gains: 8.6 PC
Rental Price Growth: 3.72 PC.
Leicester
The rich history is one of the many reasons people are drawn to Leicester. It’s one of the oldest places in England, with a history going back thousands of years. It’s also a popular place for students.
Rental Yield: 3.9 PC
Capital Gains: 7.74 PC
Rental Price Growth: 4.35 PC
Northampton
Commuters looking to escape the London property prices often choose to live in Northampton. The convenient train station and lower rental prices make Northampton one of the best places to invest.
Rental Yield: 4.12 PC
Capital Gains: 10.02 PC
Rental Price Growth: 2.38 PC
Colchester
The town in Essex is cheaper in rental prices and close to London. It’s a popular choice amongst commuters and has interesting historical sites.
Rental Yield: 3.71 PC
Capital Gains: 3.41 PC
Rental Price Growth: 2.79 PC