Why Choose Property Investment UK?
There are many reasons to choose property investment in the UK. With above average rental yields in many cities, an ever flourishing economy, and impressive house price growth predictions, the UK property market stands out against other European investments.
When comparing UK property hot spots to other European cities, it’s clear that buying an investment property in the UK is a step in the right direction. Manchester, for example, boasts average rental yields of 5.5 per cent, outranking major European cities like Paris with lower yields of 4.25 per cent. At RW Invest, we’re one of the best property investment companies in the UK when it comes to rental yields. We seek out property investment opportunities in UK cities with the highest yields and focus on developing the most sought-after property types. Since the UK is experiencing such a soaring demand for rental properties, buy to let investors can also rest assured that their property will generate consistent rental income, with fewer void periods.
Rental yields reach even higher in some other Northern postcodes, with the M14 area producing yields of 10.1 per cent, while L7, L6 and L1 boast yields from 9.36 to 11.79 per cent. A lot of these postcodes are the locations for many of our current and past developments. Our Bridgewater Wharf development, for instance, is based within Manchester’s M5 postcode, while our Kings Dock Mill and Parliament Square apartments are situated within the popular L1 area. The strength of these postcodes is the reason why these areas offer the best property investment opportunities in the UK.
Where To Buy Investment Property UK
If you’re looking for an investment property for sale in the UK, look up North. Cities like Liverpool and Manchester are considered the best locations. These cities boast affordable prices, above average rental yields, high levels of rental demand, and strong house price growth.
For the last couple of years, Liverpool has been considered a key city to invest in if you’re interested in generating high returns from property. Liverpool was ranked as one of the best places to invest in property in the UK in 2017 and 2018. By 2019, many investors are now aware of the power of Liverpool investments, choosing this Northern city for their next property venture. Not only does Liverpool have one of the largest city centre populations in the UK with an ever-growing demand for student and residential properties, but it also boasts some of the highest rental yields. Thanks to affordable properties and rising rental costs, Liverpool investors can expect yields of up to 7 or 8 per cent with opportunities at RW Invest.
Just a short journey away from Liverpool, Manchester is another top investment city. Much like Liverpool, Manchester is considered one of the best property investment areas in the UK thanks to the booming demand, high population of students and young professionals, and potential for capital growth. Since 2017, record numbers of people have been choosing to leave London and move to Manchester. With so many brilliant business opportunities in Manchester, along with better affordability than London, Londoners are recognising the appeal of the North and driving this rental demand even further. If you’re keen to invest for an income boost and steady financial growth, its time to invest in these north-west cities.
What Should I Look For When Investing In Property?
Before investing in property, look for opportunities that offer the best rental yields and that are based in areas with a lot of potential growth. You should also make sure that the property and area you’re investing in is likely to receive a lot of demand.
As mentioned above, Northern cities Liverpool and Manchester have been deemed the best locations to make a property investment in the UK. Looking for investment opportunities within these key property hotspots is a good way to ensure you make a lucrative investment. The high yields present in these two cities ensure that your investment will bring you high rental returns, while the thriving economy and potential for capital appreciation mean you can also generate attractive returns if you decide to sell the property in the future. Compared to all other UK regions, the north-west has the best rates of house price growth. Between 2017 and 2018, the north-west rose faster than anywhere else, with a 5.6% increase. By 2022, the north-west is predicted to see house prices grow by 18.1 per cent, which is why Liverpool and Manchester make the perfect UK property hotspots for 2019.
Once you’ve researched the best locations for property investment in the UK, seek out the right opportunity for you. Consider whether you want to purchase a new-build or off-plan property, or if you’re more interested in buying a refurbishment property. The majority of investors tend to opt for new-builds, which are a lot more straight forward and often more successful than refurbished properties. Not only do you not need to worry about costly repairs and maintenance, but newer properties also tend to be popular with a lot of tenants. While some tenants favour the charm of a period property, many tenants will seek out more modern properties with high-quality features and fittings.
One of the most popular types of UK investment is off-plan property, which we specialise in here at RW Invest. Off-plan property is a common investment option due to offering below market prices and the potential for even further capital growth. For instance, because off-plan properties haven’t yet been completed, they could rise in value by the time the development is finished and ready for tenancy. This is an important element to consider when selecting your UK investment property, as the higher the capital growth, the better returns you can expect when you decide to sell the property.
Consider whether the property you’re investing in will appeal to your target tenant and meet their requirements. If student property investment is an avenue you hope to pursue, spend some time getting into the mindset of student tenants. Today’s UK students now value certain qualities in their accommodation. Instead of settling in the first property they find, whether that be a shared house or cramped university halls, students are now seeking out accommodation that better suits their tastes and lifestyles.
Student accommodation with a luxury edge is now a lot more common, with properties including features like high-speed internet, communal gardens, on-site maintenance and stylish designs. These properties also tend to be in a good location, close to university campuses and the city centre. Properties like our current City Point development are sure to be popular with Liverpool students. Priced from just £39,995 and with an 8 per cent NET rental return assured for two years, these Liverpool student properties are just a ten-minute walk from John Moores University and feature full on-site management.
How To Buy Your First Investment Property UK
If you’re interested in buying your first investment property in the UK, make sure you research the market well and look for an opportunity that suits you. You should also think about whether you need to use a property management company to assist you, or if you want a more hands-on investment.
Carrying out market research is crucial if you’re a property investor and can help you recognise the signs of a good investment. Rental yields are usually the main area that people focus on when looking to invest in rental property in the UK. While high rental yields are always beneficial, however, they aren’t the be all and end all of a good investment. You could invest in a property which generates good rental returns through high yields. However, without the potential for capital growth, you’re limiting the returns you could make. Always think about whether the property you’re buying is likely to appreciate in value over time. Seek out properties in high growth areas, and think about plans that are in place for the location. For instance, if regeneration plans mean that the property will be surrounded by attractive new developments like shopping malls or workplaces, this is a great sign. Remember that property is the only asset class that can bring you two types of returns other than just one, so make sure you take advantage of this.
The north-west remains the best region to invest in and is filled with UK property hotspots for 2019. Liverpool and Manchester tick all the boxes in regards to rental yields and capital appreciation. Demand from desirable tenants like students and young professionals is ever-increasing, while the constant regeneration schemes are helping the economy flourish and ensure high capital growth.
After choosing which area of the UK you want to invest in and the type of property that’s right for you, it’s important to make sure you’re happy with the company you’re working with. Investing in property is a big commitment, so before spending your hard-earned money, you want to be sure about both the property itself and the company that created it.
With a proven track record for success, high client satisfaction, and the ability to offer the best properties on the market, we’re proud to be one of the best property investment companies for UK investments. Along with offering modern and high-quality off-plan properties in desirable UK locations, we’re also capable of securing assured rental yields for our clients. If you choose to enlist the help of a property management company for any of our investments, you can benefit from guaranteed yields over a certain period. Our Liverpool based One Baltic Square development, for example, can offer investors rental yields of 7 per cent assured for one year.
If you decide you want a more hands-on approach to your investment, there are some more things to consider before buying your first property. If you choose this approach, you’ll need to find and source tenants, and hold responsibility for legal aspects of the investment. If you think you have enough free time to do this, you can still benefit from high yields and can keep the percentage of your rental income that would otherwise be spent on outside management.
Of course, as with any new venture, it’s crucial to think about the financial aspect of the investment. Work out whether you have the budget needed for the property price of the investment you’re interested in. If not, we’re more than happy to advise you on an opportunity that’s better suited to you. You should also take some time to calculate things like possible capital gains tax and stamp duty tax. Stamp duty tax varies depending on the cost of the property, and can easily be worked out with the help of our stamp duty calculator.
At RW Invest, we consider ourselves market leaders when it comes to UK property investments. We’re one of the best property investment companies in the UK, offering opportunities in leading UK property hotspots for 2019 investments and beyond. If you’re interested in making an investment with RW Invest, don’t hesitate to contact us today. Our dedicated team of property professionals will offer you advice and guidance with your UK property investment. Over the years, we’ve worked hard to find opportunities in the best places to invest in property in the UK for 2018 and years before.
Whether you’re seeking options for property investment for beginners in the UK, or you’re an experienced investor looking to enter the UK market, we’re sure to have the right opportunity for you.