Student Buy to Let in the Northern Powerhouse
According to recent figures, more people than ever before are leaving the Big Smoke than are moving there. Many are now looking to the more affordable and up and coming cities of the Northern Powerhouse such as Manchester and Liverpool. Accordingly, investors are following.
In 2017, both Private Finance and Totallymoney.com ranked Liverpool number one in the UK for buy to let yields and student accommodation investment yields are no exception. The city’s population of young professionals and students is growing as it attracts people from all over the world. In 2012, there were 57 million visitors to Liverpool, supporting over 50,000 jobs.
Proportionally, Liverpool has the highest number of overseas students. The city also has one of the best environments for students in the UK, ensuring it will remain a popular student location for the foreseeable future.