LIVERPOOL NAMED AS BEST CITY FOR RENTAL YIELDS
Liverpool top in the UK for Property Investment
New research has found that one of the UK’s best buy to let property hotspots achieves an average rental yield of up to 8%.
Liverpool has been named as the best city in the country for property investment in 2017. The Merseyside city sees an average house price of £122,283 – distinctly lower than the national average and, therefore, remains largely affordable to landlords. The average rental yield across the city is an impressive 8%.
The research, compiled by Private Finance, has also shown Nottingham, Coventry and Greater Manchester all made the list for top locations with the best rental yields.
With rental yields playing such a key part in buy to let property investment, Liverpool has fast become one of the most desirable locations for landlords across the UK. With recent tax changes for buy to let investors, rental yields have now, more than ever, become a major factor for landlords seeking strong returns.
Comments from Sequre
Sequre’s Managing Director, Graham Davidson, comments on the growing property market in Liverpool:
“The north continues to prosper and Liverpool has certainly propelled itself into one of the best cities for buy to let in the UK this year. An average yield of 8% across the city is extremely healthy and would certainly provide a great return for any buy to let investor. The city has seen a surge in regeneration over recent years and as a popular university location, students, graduates and young professionals keep tenant demand high all year round.”
“As with Manchester, Liverpool is attracting buy to let investors from across the UK, particularly those based in the south seeking a decent return on investment. The yields in Liverpool are more than double the average of London and other southern areas which just cannot compete with the likes of thriving northern cities like Manchester and Liverpool. Any investor looking to make strong returns in an affordable location should look north for the best deals on the market.”
If you’re looking for a new buy to let property, call Sequre today. Our knowledgeable team can guide you through the purchase process and keep up to date on all the latest property trends, so you and your investment are in safe hands. To find out more about buy to let property and investing in the north, contact us on 0800 011 227