Where are the UK's buy-to-let hotspots?

Choosing where to invest in a buy-to-let property is one of the most important decisions you will make as an investor.

If you’re purchasing property purely as an investment, then choosing a property in a buy-to-let hotspot can offer you significantly higher yields. Research has shown time and time again that the northern cities now offer the best rental yields in the UK. Yields can often reach as high as 7% in these areas, which is greater than that found in parts of London. With house prices in the south reaching record levels, young professionals are moving to the northern cities which offer fantastic employment opportunities and a more economical cost of living. Many of these young professionals are renting long-term whilst saving for a deposit.

The prospect of investing in the north of England is now brighter than ever, with the announcement of the northern powerhouse initiative and HS2, a new high-speed train line between London and the north which will cut journey times significantly.

Therefore, where would be the best place to invest in buy-to-let?

Here are some cities in the North of England which are particularly fertile investment markets:

Manchester

Manchester

Manchester is the UK's de facto second city and the local property investment market is extremely strong, offering ideal conditions for investors: high rental yields, great potential for capital appreciation and an ever-increasing number of tenants looking for high quality accommodation. The wider Greater Manchester region is the UK's outstanding buy-to-let hotspot and is home to a booming economy as well as being a hotbed of innovation and research.

Discover more about Manchester
  • Greater Manchester has a regional economy worth approximately £56bn
  • Average house price growth in the region over the last 10 years is 27%
  • UK's most liveable city according to the Global Liveability Survey
  • 9th best performing city in Europe

Developments in Manchester

AVAILABLE
X1 Manchester Waters

X1 Manchester Waters | Manchester

Prices from: £109,995 View More
X1 Manchester Waters

Manchester

Prices from: £109,995
View More Request a call
AVAILABLE
Northill Apartments at Fortis Quay

Northill Apartments at Fortis Quay | Manchester

Prices from: £109,995 View More
Northill Apartments at Fortis Quay

Manchester

Prices from: £109,995
View More Request a call
AVAILABLE
X1 The Landmark

X1 The Landmark | Manchester

Prices from: £136,000 View More
X1 The Landmark

Manchester

Prices from: £136,000
View More Request a call

Liverpool

Liverpool

Liverpool is extremely popular with residents and tourists alike, and more and more young people are flocking to Merseyside every year. Liverpool has benefitted from high levels of inward infrastructural investment in recent years, such as the Liverpool ONE shopping complex and the regeneration around Liverpool Lime Street Station, which have kick-started the economy and secured the city’s status as a business hub.

Discover more about Liverpool
  • Average city-wide rental yield of 5.16%
  • 30.7% of the population of Liverpool are under the age of 25
  • £50bn to be invested in the city over the next 50 years
  • Regional economy worth almost £30bn

Developments in Liverpool

AVAILABLE
The Tower at X1 The Quarter

The Tower at X1 The Quarter | Liverpool

Prices from: £89,995 View More
The Tower at X1 The Quarter

Liverpool

Prices from: £89,995
View More Request a call
COMPLETED & SOLD OUT
Completed & Sold Out
Stanley Court

Stanley Court | Liverpool

Prices from: £64,995 View More
Stanley Court

Liverpool

Sold Out
View More Request a call
COMPLETED & SOLD OUT
Completed & Sold Out
The Terrace at X1 The Quarter

The Terrace at X1 The Quarter | Liverpool

Prices from: £109,950 View More
The Terrace at X1 The Quarter

Liverpool

Sold Out
View More Request a call

Leeds

Leeds

Leeds is a national economic powerhouse and a booming property investment hotspot. The Leeds market is one of the UK’s most buoyant, with the city centre boasting an occupancy rate of over 99%. In addition, demand for high quality rental accommodation in Leeds is very significant. Property values have soared as a result of this demand, with JLL predicting house prices will grow in the city by 22.8% by 2019.

Discover more about Leeds
  • City centre property values projected to grow 22.8% by 2019
  • Largest financial and business sector outside of London
  • Population to grow to more than 800,000 by 2024
  • Regional economy is worth approximately £56bn

Developments in Leeds

COMPLETED & SOLD OUT
Completed & Sold Out
X1 Aire

X1 Aire | Leeds

Prices from: £105,000 View More
X1 Aire

Leeds

Sold Out
View More Request a call
COMPLETED & SOLD OUT
Completed & Sold Out
St. Ann’s Lodge

St. Ann’s Lodge | Leeds

Prices from: £29,500 View More
St. Ann’s Lodge

Leeds

Sold Out
View More Request a call

Sheffield

Sheffield

Sheffield is proving incredibly attractive to modern businesses, and the economy is growing at a considerable rate in response. Sheffield has evolved from being a world-leading steel manufacturer to a leading light in the modern digital and technology industry. The city’s population is growing rapidly, but there is currently a lack of high quality rental accommodation in and around the vibrant city centre, making Sheffield a fantastic buy-to-let investment opportunity.

Discover more about Sheffield
  • City of Sheffield contributes £15.5bn to the national economy
  • Sheffield has a population of more than 500,000
  • 70,000 jobs to be created in Sheffield over the next decade
  • A third of the entire workforce is under the age of 30

Developments in Sheffield

AVAILABLE
Great Central

Great Central | Sheffield

Prices from: £90,000 View More
Great Central

Sheffield

Prices from: £90,000
View More Request a call
AVAILABLE
Palatine Gardens Phase 2

Palatine Gardens Phase 2 | Sheffield

Prices from: £94,500 View More
Palatine Gardens Phase 2

Sheffield

Prices from: £94,500
View More Request a call
Intus Resi Horizontal