0161 678 7996

Demand for Buy to Let Property Rises in the North West

On November 28, 2016

Demand for Buy to Let Property Rises in the North West

According to a recent report from the Mistoria group the ‘north west ‘lights are shining very brightly for investors. The report reveals that an increase in the student population, particularly a rise in the number of international students attending North West universities, has driven the demand for high quality student accommodation ‘sky high.’
According to data from the investigation, “students looking for high-quality, shared accommodation in the North West is rising by 48% year-on-year and investor demand has risen further still, by 55%.”
Property Partner has also produced a report which investigated 86 university towns and cities across Britain and ranked each property market by net rental yield. Results found that all three of Greater Manchester’s higher education establishments-the University of Salford, the University of Manchester and Manchester Metropolitan-were in the top ten. Most areas in Manchester generates a yield of 4.4%, but in Salford and Liverpool landlords are enjoying yields of up to 8%.
The increase in demand for rental property, with the potential of the full occupancy and substantial rental yields is encouraging more investors into the North West. In particular, post Brexit, there has been an increase in international investors from China and India taking advantage of the weak pound.
If you are thinking of investing in property the North West is a great place to consider.
Peter Robinson & Co. can give advice to any landlords investing in the area. We have 30 years of experience helping landlords and property investors. Our highly qualified and professional team of advisors can expertly handle all Landlord and Tenant related issues.
For assistance call Peter Robinson & Co. now on 0161 678 7996.

  • By Peter Robinson  0 Comments 
  • 0 Comments