It’s worth noting that, while these places are good areas to look at potential investments, nothing is set in stone. Especially in the property industry. With the Brexit extension now in play many people are expecting the housing market to halt as investors batten down the hatches and wait for the Brexit storm to pass.
Thorough research into each of the areas you’re considering investing in is a must if you want to ensure the best ROI.
Invest in Manchester
City population: 510,746
Known as the heart of the northern powerhouse, Manchester continues to be one of the strongest places in the UK to invest. Currently, the city is on trend to enjoy a 14% population growth over the course of the next 20 years, making it a must when it comes to considering property investment locations.
It also has a huge student population and the highest graduate retention rate outside of the capital. The employment options in and around the city are huge and more and more people are turning to this northern city when considering relocating.
Invest in Liverpool
City population: 552,267
Towards the end of last year, Liverpool was the fastest growing city in the UK. It has a huge investment in its large student population and is currently undergoing a number of regeneration projects throughout the city.
As a former European Capital of Culture, Liverpool is also one of the hottest tourist spots in the UK. A £14 Billion scheme has been introduced in the aim of improving city centre connectivity and to help regenerate older parts of the city.
With this in mind, you can be sure to expect Liverpool to offer wonderful returns on any property development you consider.
Invest in Newcastle
City population: 268,064
This is one to watch in 2019. The fast-growing population means that developments are becoming much more prevalent in the area. It’s also attracting young professionals from around the country and its student population remains consistently strong.
It’s affordable, too, making it a favourable option for many first time investors. Commercially, there’s a lot here to offer newcomers to the city, with jobs available for companies such as Nestle, British Airways, Ubisoft, and more.
Invest in Birmingham
City population: 1.086 million
As with the other recommendations in this piece, Birmingham is expected to see population growth over the coming years. It’s high student count mean that many graduates are deciding to stay in the city and rent while furthering their career.
The investment in the city is continuing, too with new developments being built in the most up and coming corners of England’s second city.
Invest in Leeds
City population: 474,632
While not as fast-growing as other northern cities, many are anticipating Leed’s growth to pick up in the coming year. This belief has led to some early backers for newer developments to help prepare and gain on the cities future growth, with £7 billion injected into the city.
It’s also a hugely popular student area, making it a prime investment city for those looking to bolster their student accommodation portfolios.