When investing in a property development, there are different routes you can take.

The most popular choice is to purchase one apartment – or unit – but this isn’t the only option.

If you have the budget available and you’re ready to make a large investment purchase that could significantly boost your income, looking for blocks of flats for sale is something to explore further.

If you’re interested in purchasing a block of flats for sale in the UK, take a look at the following tips, and explore our current opportunities for buying block properties in Liverpool and Manchester.

What Does it Mean to Purchase a Block of Flats?

Choosing to purchase a block of flats for sale is a common option for a lot of UK investors.

Whether purchasing a property through an investment company or an auction, or buying a student, residential or even commercial investment type, investors are often able to buy an entire block of flats rather than just one unit in the development.

This would result in you owning the entire block of the building, which can mean that you have a freehold tenure in some cases.

Block Properties Liverpool and Manchester

Buying a Block of Flats for Sale Manchester

We know that location plays a big part in the success of a property investment venture, and the city or town your investment is situated in is key.

Manchester is one of the best UK cities for investments, which is why if you’re thinking of buying multiple units in a development and looking for a block of flats for sale, Manchester is a great option.

Manchester is one of the UK’s best buy to let cities thanks to the potential that comes with investments in the area.

Property prices are affordable yet attract a lot of rental demand, resulting in some high rental yields of 6.4% on average.

Regeneration is also ongoing throughout the city, while past regeneration schemes such as MediaCityUK have led to increased demand from young professionals keen to explore the city’s business scene.

Capital growth in Manchester is also high, with the North West region boasting predictions for 28.8% growth by 2025 according to Savills.

It’s evident that for those keen on making a huge return on investment from purchasing a block of flats for sale, Manchester is a great city to focus on.

Buying a Block of Flats for Sale in Liverpool

Also based in the North West, Liverpool is another of the best places to invest in property in the UK thanks to the potential on offer.

Opportunities to purchase block properties Liverpool offers will more than likely make a fantastic investment due to generating some of the highest rental yields in the country – as high as 10% in the L1 postcode.

In contrast, those exploring the choice of block of flats for sale in London will likely struggle to find yields anywhere near this level, which highlights the appeal of Liverpool investment when it comes to rental returns.

Liverpool property investment also benefits from high capital growth, and thanks to ongoing regeneration, the city is attracting more and more worldwide interest.

With a thriving student scene and plenty of demand for purpose built accommodation from both students and young professionals, don’t miss the chance to invest in a block of flats in Liverpool.