The British developer Seven Capital has compiled a rating of the best cities in the UK for real estate investment.
Birmingham is one of the most popular places to invest in the UK. The city continues to experience incredible demand. As the city's economy grows together with population growth, Birmingham will need almost 100,000 new households within a decade. Birmingham's rental yield reached 5.3% in 2019, with the market mainly driven by 1-bed 2-bed apartments in the city centre.
Liverpool remains the top investment destination in the North thanks to new developments, exceptional career opportunities and growing tenant demand across the region. Regeneration has a huge impact on demand in the rental market in Liverpool. With the completion of the largest open-air shopping mall in the UK, Liverpool Waters has come to the fore. The £ 5.5 billion Liverpool waterfront redevelopment project will create new residential, commercial and cultural spaces ready for residents to use. Liverpool is one of the highest performing points of sale in the UK and achieves a yield of 8.2%.
Manchester is one of the most exciting places to live and work in the UK, attracting young professionals who want great career opportunities along with families who are looking for affordability. After 2009, London was one of the first markets to recover and see growth spreading out of the center. The same is expected to happen in the greater Manchester, as the city's momentum pushes growth to areas such as Stockport, Bolton and Salford. One of the main benefactors of investment is Manchester's infrastructure. For investment in rental properties, Manchester is considered one of the safest destinations in the UK.
Leicester is one of the cities with an incredibly competitive market, which has delivered excellent growth over the past 12 months, making Leicester a key player in the Buy-to-Let sector. As people leave London for regional markets, Leicester's growth outlook looks positive. The regeneration of the coastal strip aims to create new homes, new jobs and attract new investment, resulting in 200 new homes, 140 jobs and almost 2000 sq.m of commercial space.
Nottingham is one of the surprisingly less populat investment districts. With a very central location in the UK and direct access to many key destinations, Nottingham city centre is also well known for its array of amenities. Nottingham's infrastructure is incredibly well developed and offers ample opportunities in and around the city centre. The market is relatively affordable and sees incredible demand from both professionals and students, providing particularly high rental returns.
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