where is the most profitable place to buy U …


A leading data analytics company has revealed the best places in the UK to buy investment property.

Address Intelligence has researched the best areas of the UK for investors and found that the average return on investment for renting a UK property is 5%, but it varies widely when it is broken down city by city.

According to his findings, the top 10 places to invest in rental property are: Sunderland, Blackburn, Durham, Blackpool, Oldham, Cleveland, Liverpool, Wigan, Bolton and Manchester.

Investing in rental property in Sunderland can earn an investor 7.27% in first year rents, according to the study, with an average monthly rent of £ 697. It would take an investor 14.2 years to pay off his property.

When broken down by property type, the data revealed that a townhouse in Sunderland is making the best comeback, with a semi-detached and a bungalow coming in second and third.

Terraced dwellings in Blackburn, Blackpool and Cleveland were also on the list, while a detached house in Sunderland was tenth on the list, making the port town of Wearside the best place to buy investment property in most. types of properties.

Sunderland, often regarded as one of the UK‘s most neglected and neglected cities, struggling to wake up from its post-industrial slumber, has seen massive increases in public and private investment in recent years. It is estimated that by 2024 more than £ 1.5 billion will have been invested in an attempt to transform the city center.

The “ evolving city center ” has brought many new employment opportunities, making Sunderland a more attractive place to live, according to Address Intelligence.

The city also has a large student body – home to the University of Sunderland and its staff of around 15,000 – which is likely to make it attractive to real estate investors with particularly profitable student accommodation in normal times, as property can be rented piece by piece.

Sunderland has also received much more success and international attention thanks to its starring role in the hit Netflix documentary Sunderland ‘Til I Die, which documents the ups and downs of the club and its fans.

Blackburn, another booming industrial hotbed that has seen tougher times in recent decades, has also received significant investment in recent times, with the newly renovated Cathedral Quarter at the heart of its transformation. The city now has a host of new offices and renovated college and university campuses.

In third place is the picturesque waterfront town of Durham, famous for its university and magnificent cathedral, which has one of the highest rental values ​​in the UK, offering owners the chance to earn £ 873 per month and per house. Like Sunderland, it has a large college population, with many graduates choosing to stay put even after college.

In contrast, the study found that the top 10 places to invest in rental property in the UK are:

  1. West London

  2. Llandrindod

  3. St Albans

  4. Watford

  5. Hereford

  6. Bromley

  7. Cambridge

  8. Dorchester

  9. Quagmire

  10. North West London

With house prices extremely high, it’s no surprise that West London is the least profitable place to buy rental property in the UK. The average house is valued at £ 930,790, which means it would take an investor 27 years of rental income to pay off their property.

Llandrindod, a small town in Wales, is also at the bottom of the list, despite (or maybe because of) being recently voted in the top 5 best places to live in the UK. With this popularity in mind, property prices are high and an investor can expect to earn only a 3.7% return per year based on an average annual rental income of 8,361. £.

When broken down by property type, the lowest rate of return in the whole of the UK is for a detached house in historic St Albans. Investors in Cathedral City – known as Verulamium in its Roman heyday – will only earn a 3.5% return each year. Plus, with an average house valued at £ 983,979, this is one of the most expensive places to buy property in the UK.

You can see the full list below.

  1. Sunderland

  2. Blackburn

  3. Durham

  4. Blackpool

  5. Oldham

  6. Cleveland

  7. Liverpool

  8. Wigan

  9. Bolt

  10. Manchester

  11. Newcastle

  12. Doncaster

  13. Halifax

  14. Cardiff

  15. Sheffield

  16. Huddersfield

  17. Wakefield

  18. Bradford

  19. Stoke on Trent

  20. Telford

  21. Warrington

  22. Wolverhampton

  23. Darlington

  24. shell

  25. Chester

  26. Swansea

  27. Preston

  28. Nottingham

  29. Coventry

  30. Dudley

  31. Leeds

  32. Walsall

  33. Romford

  34. Peterborough

  35. Birmingham

  36. Colchester

  37. Newport

  38. Medway

  39. Brighton

  40. Llandudno

  41. Southend

  42. Crewe

  43. Luton

  44. Lincoln

  45. Northampton

  46. Milton keynes

  47. Stockport

  48. Derby

  49. London is

  50. Dartford

  51. Southall

  52. Portsmouth

  53. Bristol

  54. Carlisle

  55. Lancaster

  56. South East London

  57. Leicester

  58. Ilford

  59. Canterbury

  60. Plymouth

  61. Norwich

  62. Oxford

  63. Croydon

  64. Truro

  65. Southampton

  66. Bath

  67. Enfield

  68. Bournemouth

  69. Swindon

  70. York

  71. Sutton

  72. West City London

  73. Ipswich

  74. Gloucester

  75. Guilford

  76. North london

  77. Chelmsford

  78. East City London

  79. Harrow

  80. Twickenham

  81. Red hill

  82. Tonbridge

  83. Worcester

  84. Hemel

  85. Harrogate

  86. Shrewsbury

  87. Stevenage

  88. Exeter

  89. Kingston

  90. Taunton

  91. Salisbury

  92. Reading

  93. South West London

  94. Torquay

  95. North West London

  96. Quagmire

  97. Dorchester

  98. Cambridge

  99. Bromley

  100. Hereford

  101. Watford

  102. St. Albans

  103. Llandrindod

  104. West London

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