The Top 5 Buy-to-Let Areas in the UK

Looking for where to invest when you’re looking for your next buy-to-let investment can be tough. While it’s often very tempting to invest in a city you know or live in, it is worth looking into how other cities perform in terms of capital growth and rental yields.

 

As an investor, return on investment is of paramount importance, and we understand this. This is why we do the hard work for you, finding the areas that are going to bring you the best reward.

So, where do we think are the best buy-to-let areas in the UK?

 

  1. Manchester

 

Manchester is a city that has consistently come up top in the best cities to live in the UK.

Manchester is famous for its deep roots in the industrial revolution, its can-do attitude and is a city steeped in cultural firsts. Its mixture of historical architecture and new, exciting high-rise apartments make it an exciting place to invest.

In a recent survey, as voted for by landlords, Manchester tied with London as the top city to invest in in the UK.

With 31% of Manchester’s population being private renters, your investment is potentially reaching over 170,000 renters looking for the best properties to live in.

Manchester’s properties have consistently grown by 7.3% year-on-year, outpacing all other major cities in the UK.

We currently have a rare investment opportunity to be part of Manchester’s impressive skyscraper neighbourhood. As one of the most in-demand new neighbourhoods, The Blade boasts a 6% yield. With an iconic design, this is one of the best schemes on the market right now.

 

  1. Liverpool

Home of The Beatles, a historical port and an excellent place to go for a night out, Liverpool is a great place to invest.

Liverpool is one of the highest rated areas for buy-to-let investment in the UK. This is due to its affordability and high rental yields. You can expect to achieve yields in excess of 10% in the city of Liverpool.

As well as it being a popular student city, Liverpool is renowned for its culture and like Manchester, often sits in the best cities to live in in the UK.

MPP currently has an excellent opportunity in this city. The No.1 Hatton Garden apartment complex is a luxury apartment block in the heart of Liverpool city centre. Its upper floors boast views of the city.

 

  1. York

York is a beautiful city famous for its medieval city walls and is consistently listed in the Sunday Times Best Places to Live. York is also a popular holiday destination, attracting visitors from all over the world.

With rental yields as high as 8% and property prices expected to rise by 21.6% by 2025, there’s never been a better time to invest here.

York’s house prices are also set to increase with the arrival of the much-anticipated HS2.

The Icona development is a short walk from York’s thriving city centre. These 32 exceptional apartments boast an 8% net yield and are a great option for holiday lets.

 

  1. South Wales

South Wales is a popular holiday destination for UK travellers. As well as this, it is an affordable place to live, with a great quality of life.

With rental yields reaching as high as 11%, buy-to-let investments in this area can be let as a holiday let or a long-term let.

In areas such as Ystrad Mynach, you are close to close to the town of Caerphilly, which serves Cardiff as a commuter town.

The Bath House is a listed building with lots of character and charisma, boasting a high rental yield of 11%. The town of Ystrad Mynach, – where The Bath House is situated – benefits from a comprehensive range of amenities including shops, banks, restaurants and pubs.

 

  1. Birmingham

Birmingham is nicknamed the UK’s “second city.” It’s a city with very affordable living, a friendly atmosphere and excellent career opportunities.

With Birmingham’s population set to expand by 20% in the next 30 years, this city’s economy is booming. The property market reflects this. In numbers, this is an extra 200,000 looking for new places to live.

Birmingham’s property prices are a very affordable option for a buy-to-let investment. Birmingham is also another city set to benefit from HS2, with commuters being able to get to London in as little as 50 minutes by 2031.

It is expected Birmingham will see property growth of 19.5% over the next four years.

Affinity Living is based in one of the most desirable parts of Birmingham city centre and boasts 6% yields. With market-leading amenities, including a state-of-the-art gym, this is an excellent opportunity to tap into Birmingham’s rental market.

 

If you’re interested in any of the above developments, please contact the team to see how we can help.

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