The Northern Powerhouse Is Creating New Property Investment Hotspots

  • 6 years ago
https://sterlingwoodrow.com/is-property-a-good-investment-in-the-northern-powerhouse-hotspots - Is Property A Good Investment

The Northern Powerhouse strategy, backed by billions of pounds in funding, is creating more opportunities for economic growth.
There are now transport links within the North’s towns as well as high-speed train links to major cities across the UK from Leeds and Sheffield to Birmingham and London.

The Northern region has been recognised as a worldwide opportunity for trade and investment.
Work done with the Northern areas has raised the education and skills levels as well as create more jobs for the 15 million people living in this region.

Investing in a high yield property investment in the Northern Powerhouse could mean that you can easily get NET yields as high as 9% on a fully-managed investment.

The North vs The South Property Market

HM Land Registry index stated in September 2017 the average price of a London home was £483,568, compared to £160,951 in the North West.
Compared to figures recorded during the same time period in the previous year, London saw a 2.5% increase in house prices while the North West saw a 7.3% increase.

Rightmove stated in 2016/17 properties in London and the South were more difficult to sell and agreed sales in this area went down by 9% and 7.9% respectively.
The North went down by only 3%, supporting the notion that investors are moving away from London.

Emerging markets in the North for buy-to-let properties include Liverpool, Manchester, and Leeds.
Emerging markets in the North for student properties include Sheffield, Huddersfield and Preston.

The Northern Powerhouse has created many opportunities for investors who want to step away from London’s high prices and low yields.
We recommend looking towards the North for the highest profit from your property investment.

Read more here;

https://sterlingwoodrow.com/is-property-a-good-investment-in-the-northern-powerhouse-hotspots

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