Hi ,
Despite 2020 being a challenging year, the property market in the UK has continued to boom to this date. For investors like you, the only question is where are the top areas to invest in 2021?
Luckily for you, we've got the information you need to decide. Thanks to Property Deals Insight tools, we’ve come up with a list of the best places in the UK based on house price trends, average monthly rental, and yield.
Ready? Let’s go!
Top Areas Based On House Price Trends
House prices have increased because of many factors, but it’s mostly because people are seeing development and potential in areas outside of London.
Young professionals are starting to flock to these places where they can enjoy the city perks without the eye-watering prices or long commute.
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Manchester (43.37%)
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North Norfolk (39.18%)
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Leicester (38.85%)
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Nottingham (37.62%)
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Liverpool (34.36%)
Top Areas Based On Average Monthly Rental
Want to know places where you can charge higher monthly rent? You’ll find these cities in and around London.
Since these areas are situated in financial, shopping, and royal districts, it’s only fitting to set higher fees. These rental rates are based on a 2-bedroom property.
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City of London (£3,314)
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Kensington and Chelsea (£3,109)
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Westminster (£3,080)
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Camden (£2,237)
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Richmond upon Thames (£1,941)
You may be surprised to see some cities making up to this list. But with more investments and redevelopments in progress, these cities make a good investment option.
The yield percentage of each city speaks for itself. This list is based on the average yield for a 2-bedroom property.
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Barrow-in-Furness (13.42%)
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Nottingham (8.31%)
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South Derbyshire (7.96%)
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Tameside (7.73%)
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Stockton-on-Tees (7.05%)
If you want to know more details about each of these cities,
click here to read our full report.
If you have any questions or feedback please reach out to us via email - info@propertydealsinsight.com or give us a call 02033898222
Thanks again!
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