So, where exactly is the best place to buy property in the UK?
The boring answer is that it entirely depends on your goals and budget.
For instance, looking entirely at income, Glasgow and Nottingham may seem like the best places to buy property due to their high rental returns.
On the other hand, if you’re thinking of long-term capital growth as well as high yields, then Manchester and Liverpool would be your best bet.
However, when looking where to buy property, it rarely ever works out as simple as this.
The reality is that you aren’t just investing in the average stats of a city.
Instead, you will be investing in a specific investment property that can offer completely different returns than a city-wide average.
This is why we also considered other contributing factors in our rankings, like rental demand, affordability, and future regeneration. These are all vital to consider for the future success of your investment property.
So, what’s the bottom line?
While stats are helpful, they shouldn’t be your only reason to invest in a specific city.
Most importantly, there isn’t only one best place to invest in property.
You should consider this list as a good starting point while assessing the investment opportunities in each city and finding one that matches your goals.
Research every aspect of a potential investment area thoroughly before making any final decision – if you put the work in, then the best place to buy property, UK or not, will show its head.
While we believe Manchester and Liverpool have the right combination of statistics and history to appeal to most investors’ goals, it’s important to do your own research and come to your own conclusions about where the best place to invest in UK property is for you.