At the moment, the best buy to let areas in the UK tend to dominate the North of the UK. With a strong focus on north-west property, cities like Liverpool and Manchester are offering some of the most exciting and worthwhile investments in the industry. Two major players in the Northern Powerhouse, both of these cities have received billion-pound investments in regeneration. However, property prices remain relatively low in comparison to rival regions down south, allowing buy to let investors to reap the benefits of maximum capital appreciation with low-priced initial spending. These locations also have a wealth of opportunities in both the residential and student sectors, making them all-round winning buy to let destinations.
Top UK Locations
Liverpool
Regeneration has taken over the landscape with new cranes cropping up on the skyline every day. What was once a sea of derelict buildings and rioting streets is now the home of a booming property market with pioneering developments around every corner. Billions of pounds worth of new properties plus renovations to existing structures puts the Liverpool property market on every investor’s radar, with average rental yields coming in at 8%. Liverpool’s existing culture of art, music and industry has been enhanced with galleries, live venues and museums.
The population is increasing year on year, highlighting a growing number of residents in need of accommodation, which there is simply not enough of. The rising prominence of Liverpool as a major northern city is also attracting many young professionals who seek luxury accommodation within walking distance of the city centre. Properties like ELEMENT- The Quarter are leading the way in this regard. Located in the thriving Knowledge Quarter, ELEMENT – The Quarter is the first eco-development in Liverpool and the North West. The stats that show that a large demographic responsible for much of the population growth is between 17 and 29, an ideal tenant for buy to let property.
Liverpool also has three universities and a huge student population of around 70,000, ensuring a high demand for student accommodation which therefore breeds high percentage yields for investors.
Manchester
As arguably the best place to buy property, Manchester is deemed the driving force of the north and is the second most populous UK region outside of London.
The vibrant culture blending music, art, history, food, fashion and much more is recognised worldwide and has been manipulated by the market in developing stand-out buy to let properties in close proximity to these urban attractions. Enticing students, residents and investors from overseas and the UK, the Manchester property market features in the top 25 hotspots for buy to let yields.
Residential property is benefiting from the abundance of workers who are choosing to relocate from more expensive southern regions to a city where they can enjoy a similar urban experience at a more affordable price. Manchester is home to plenty of corporate giants and digital industries which snap up the brightest young professionals in the business. Its specialised business quarter at Spinningfields has even been deemed the ‘Canary Wharf of the North’.
Student property is also a hot investment as its 3 prominent universities invite over 100,000 students to take on a new adventure in this fast-paced city. Balancing the coolest bars with some of the most innovative institutions makes Manchester the 4th most popular city in the world for higher education study.
Buy an Investment Property with RWinvest
At RWinvest, we’re proud to offer some of the most lucrative investment opportunities in key UK buy to let cities like Liverpool and Manchester. Properties like Parliament Square and Bridgewater Wharf are perfectly located in the heart of these two major Northern cities, offering some excellent yields and capital growth potential. To get started with building your own property investment portfolio, get in touch with our team today or browse through our latest buy to let opportunities.
Disclaimer: This content was originally written in May 2018. By the time you read it, some of the statistics used may have changed.
For the latest on the UK Property Market, take a look at our updated 2023 guides.
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Sky Gardens
Completed Serviced Apartments
Liverpool
Prices from £129,950
7% NET Rental Return
Stunning Liverpool Location
Contemporary Sheffield Investment Property
Langford Tower
Prices From £142,500
UK
Prices from £142,500
Sheffield City Centre Location
Incredible Onsite Facilities
Awaiting Final Testing & Commissioning
Vantage Point
Unique and High-Quality Residential Accommodation
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Prices from £132,950
7% Assured Rental Yields
North West Regeneration Hotspot
Excellent
Rated 9.4 out of 10 based on 1459 reviews on
Very good experience, was very concise and knowledgeable.
Ali Zardab
22 September
Adam and Joshua were brilliant! Very smooth process throughout the initial stages of purchase and helped at every step, even escalating matters that were not RW Invest matters to be dealt with. One point of feedback would be for RW invest in general is to seek alternate law firms on the documentation process as the experience with the one appointed was one I wouldn't recommend.
Hanish
22 September
Was kept informed throughout and someone always returned any missed calls timeously.
John McCullagh
22 September
I have purchased a property from RW Invest. Ryan Dunning was a great help to give great overview of the area and the financial analysis. He took time to explain everything in great detail. After reserving the property, Adam Burns has been a great help through the way, being a bridge between the solicitors and me, getting back with responses tp my questions very quickly. He was very diligent and made sure the process went smoothly. Thank you Ryan and Adam!
Banu
20 September
I consider RW Invest as an well established and informed investment property company that offers great guidance and service to its customers. As a customer you get e-mails regarding the process and documentation about the development. When you sign the contract you get a contact person who supports you by informing about the process, answering your questions and follow up on deadlines. Personally, I really appreciated it. For me it is all about convenience and business decisions. Thumbs up from my side
Stephan
18 September
