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Could the North West be the buy-to-let hotspot for you?

31 May 2017 1211 Views
Could the North West be the buy-to-let hotspot for you?

The North West of England has been named the top buy-to-let hotspot for 2017, according to new figures from Rightmove.

The property portal found that the North West offers near double-digit rental returns, typically available in Merseyside and Lancashire.

With the forthcoming changes to tax relief on finance costs for buy-to-let landlords, finding a high yielding investment property is crucial this year. Could the North West be the hotspot for you?

Investors need to look no further than the North West for great investment opportunities, with yields far exceeding those found in London and the South East. Investors enjoy lower property prices and minimal void periods in many towns and cities in the North West.

Liverpool offers investors excellent yields, which are some of the best in the North West. Over the last 12 months, we have seen investor demand grow by 37%, as Liverpool offers high yielding property with excellent occupancy rates. Many post-graduate students are staying on in the city to work after their studies, and this is driving demand for affordable, high quality rental accommodation.

The city is undergoing a significant redevelopment, with more than £1 billion of projects, including a 34-storey triple tower residential development. There are a total of ten developments, which are set to transform the city centre.

Could the North West be the buy-to-let hotspot for you?

Best of Buy to Let is dedicated to providing the best opportunities in the UK Buy to let market at all times. We are constantly scanning the market for the best opportunities offered by reputable developers in hotspots around the country that provide solid fundamentals and the confidence of excellent returns. We tend to focus on major cities that offer depth in a broad range of areas such as tenant pools, a broad range of industries and employment, strong infrastructure and amenities, attractive socio-economic levels and low vacancy rates. We are also able to secure you the best possible deal from the vendor due to our strong relationships in the market and the combined significant buying power of our clients.

See our current listings for a summary of the best current opportunities and enquire for in-depth research or contact us for any other potential off market opportunities, we’re always working on something that may not yet be listed. We look forward to assisting you achieve wealth through the best of buy to let property investment.

Could the North West be the buy-to-let hotspot for you?

 

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