Landlords looking for the best buy and best rental property in the UK 2019 should consider the areas discussed below. Some cities, such as Manchester are coming up and have a positive effect. By visiting the property to rent in Fulham, you can gather more information on these places.
Northampton is currently one of the best places to invest in UK real estate. Houses sale confirm that in the city, houses are sold on average within 33 days. This makes Northampton one of the fastest in the country for home sales. This shows an intense interest– most likely from people working in the region. As a result, property prices in Northampton increasing by 5.3% compared to October 2018, which is higher than the national average.
Leicester resisted the downward trend in real estate prices and recorded the best rise in real estate prices in one of Britain’s most significant cities compared to the previous year. Since 2000, Property prices in Leicester have risen by more than 250%. Leicester, due to its ideal location on a central plateau and the promised future reorganization and investment of £ 3 billion, for real estate investment, this place will be a more attractive option. Leicester is a real estate hotspot in 2019, as you can reach London in just over an hour and Birmingham by train in less than an hour.
Warrington is located between Liverpool and Manchester and is another investment destination for real estate in the UK. An Amazon store located in the city, and Omega, has announced plans to build speculative warehouses with an area of 758,000 square meters. With the promise of a new pantry, new jobs creation, and workers will look for housing. Investing at Warrington at this time is the best idea since you will accommodate those who initially rent but want to settle and buy. This can result in a good capital increase.
The place has an easily accessible housing market, and housing prices in the city are significantly lower than in neighbouring towns, making Warrington a great place to buy a home in 2019. Especially for young professionals who work in cities or want to start a family.
Coventry is one of the UK’s best location for real estate growth. House prices in Coventry have risen more than 250% since the turn of the century. It offers landlords a high rental income. This makes Coventry one of the best retail and rental properties in the UK. The average pre-tax income is 5.40% and, according to Private Finance, only five other places in the UK are ahead of that figure. Excellent income is complemented by a high level of student use, as there are two top-rated universities in the city where more than 50,000 students study.
Yorkshire is a county with many distribution centres. Many companies such as Aldi, John Lewis Lidl, DPD and Morrison have distribution centres in Yorkshire.
Lend Invest has recently recognized Halifax as one of the best places to invest in property leasing. This is partly due to the number of companies operating in the region, including Nestle and McVities, as well as closeness to distribution centres. Combined with affordable housing, it attracts many people from getting a foothold in the city. The average price for real estate in Halifax is £ 149,925 cheaper than nearby areas such as Shelf, Northowram and Hipperholme.
In conclusion, if you are planning to invest in property to rent, it is a wonderful idea. See Fulham properties for rent.