Why Invest in the North of England?

02/06/2016
The North offers affordable, high rental yield buy-to-let investment. Because of this investors are turning their attention to the North in a bid to purchase bargain properties compared to higher priced units in the south.

Property in London is very expensive and demand is at an all-time high. London is considered a safe haven for many international investors immediately purchase propertiesthe momentas they go on the market. For smaller or first time UK based investors looking to expand their property portfolio ,Manchester, Liverpool and other cities in the North of England offer a high rental yield, rental demand alternative to investing in the south.
Northern Powerhouse
Greater Manchester has been dubbed the UK’s ‘Northern Powerhouse’, by Chancellor George Osborne. With an average rental yield of 7.9%, property can purchase well below the national average, according to research from Which?, mortgage advisors. Their latest data found that last year both Manchester and Salford saw average house price rise significantly, but still remain below the national average at £200,000, with property near to the M5 increasing in price by 34 per cent on previous years.
Manchester itself is home to the largest student population in the UK. Boasting three universities, the city is a great place to invest in modern, affordable HMOs which are in demand from students and young professionals.
Where to Invest in the North of England?
Greater Manchester
Greater Manchester has excellent transport links and infrstructure. London is 2 hours and 9 minutes direct via train for any essential business meetings or international events and it is home to one of the UK's main International airports, offering many long haul destinations. Starting 10th June 2016 Manchester will have a direct flight to Beijing, boosting further investment from the far East.
There is definitely a strong investment incentive for the buy-to-let market, attracting, buissnes, families, professionals, and students alike. Manchester has a high demand for modern city centre accommodation which will only continue to rise.
Liverpool
Liverpool, in particular, has seen a great level of investment over the past decade, Liverpool city centre were granted World Heritage Site status by UNESCO in 2004 and has since been awarded titles such as Capital of Culture, in 2008. The Liverpool Maritime Mercantile City includes the Pier Head, Albert Dock, and William Brown Street. Thanks to the retail and entertainment development, Liverpool One, has been built in the heart of the city centre, has been attracting tourists from around the world. With such a beautifully presented shopping and entertainment venue,.
UK and international property developers have taken advantage of the investment in the city by building a number of beautiful, modern and high-quality developments close to the main university campuses to fullfull the growing demand the student population the city has.
Rental Yield in the North of England
Rental yield is an important factor to consider when investing in a buy-to-let investment. In the north of England, property is less than the national average of £200,000 yet the rental price per calendar month can be as high as £1665 in Altrincham and at the lowest £475 in Halifax.

Fonte:https://www.linkedin.com/pulse/why-invest-north-england-paul-renton?trk=hp-feed-article-title-like

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