Newly built properties are steadily gaining popularity as a top investment choice amid the current supply/demand imbalance within the UK housing sector.
These developments demand minimal upkeep or repair, offering properties that are essentially move-in ready for tenants at any given moment. Such convenience not only ensures a hassle-free experience for occupants but also guarantees a faster turnaround for landlords to start earning rental rentals.
There are various ongoing new housing schemes in the Northampton area. For example, Upton Place is a recent development designed to attract first-time buyers, couples, and growing families. Offering a range of two, three, four, and five-bedroom homes, all situated just three miles from Northampton’s town centre and within an hour’s train journey from London, the developers anticipate it will help alleviate the housing shortage and stimulate the local rental market.
With this growing market trend in mind, choosing new-build properties could prove advantageous for investors in the years ahead.
While Northampton presents various new-build investment opportunities, larger urban cities like Liverpool and Manchester may offer broader investment prospects and potentially higher capital appreciation.
Further Reading: Discover more with our recent buy-to-let guides, covering everything from new-builds in Winchester to the latest UK hotspots!