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A red houses sitting on a coins, with a pen and calculator to symbolize house finance in the U.k.

It’s a commonly known fact that properties tend to be cheaper in the north of the country. The ‘commuter-belt’ zone surrounding London is particularly costly, and although price growth has slowed, buy-to-let property for sale in the capital itself is unaffordable to most.

Here’s some more information about prices in the north and south of the UK; and where exactly you should be looking for property investment opportunities at the moment.

Investment Properties for Sale – North or South?

The price gap between northern and southern properties has hit a record high – with houses in the south now worth over double their northern counterparts. According to recent figures, the average house price in the south has risen to £324,078 – whereas the average house price in the north is just £155,222.

Should You Invest in the North?

Of course, before searching for buy-to-let property for sale in the north, it’s important to examine other key factors. These include:

  • Capital growth. A great property investment should achieve solid capital growth – meaning when you sell it, you’ll make good ROI. In the south, average prices have risen by 9.4% year-on-year (from April 2015 to June 2016). However, in the north, this growth has been much slower – just 2.6% in the same time period. Of course, no-one knows what the future will hold, but this trend suggests capital growth isn’t as significant in northern locations.

 

  • Rental yield. A recent report in Buy Dapoxetine Europe revealed that the location with the best rental yield in the UK was Manchester. The northern city has average property prices of just £108,870, but rental yields of £8,628 – which equates to an average rental yield of 7.98%. Second highest on the list was Kingston Upon Hull, with an average rental yield of 7.81% – and third place was another northern location – Blackpool (7.35%).

 

Property Investment Opportunities – What About the South?

Although several northern locations offer great return on investment, it’s important not to rule out London and indeed, the rest of the south of England.

London is expensive – but recent stamp duty changes and Brexit have affected average property prices; which means that buyers who act fast may be able to get a rentable house for a greatly reduced price. This is especially the case if you’re buying a house at auction or working with a property investment agent.

However, many investors are looking beyond the capital; especially in locations due to be connected to London by Crossrail (and even Crossrail 2 – which is expected to be approved shortly).

The Buy2Let Shop in Bromley

If you’d like advice about buy-to-let properties for sale, get in touch with The Buy2Let Shop. We’re a team of property investment agents, and we’re here to provide support and guidance. We’ve got a list of property investment opportunities on our books (not available to the general public), and we also host regular property seminars in London.

We’ll help you to find a competitively priced house that maximises your returns – either through private sale or through property auction. To find out more about our services, visit Dapoxetine Online Store website today.

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