Rightmove stats put North West as top UK BTL hotspot

According to the latest figures from Rightmove, the North West of England is the place investors should be looking to buy in 2017, with near double-digit rental returns, typically available in Merseyside and Lancashire.

Related topics:  Landlords
Warren Lewis
31st January 2017
north west map
"Investors need look no further than the North West for great investment opportunities, with yields far exceeding those found in London and the South East"

Bootle in Merseyside currently offers a yield of 9.3%, Birkenhead is 7.5% and in Lancashire Burnley’s yield is 7.2%, while Accrington is 7.1%.

Research from The Mistoria Group, specialists in high yielding property investment, reveals that Liverpool offers a total yield of 10-13% and tenant demand in student arears surging in the city, up by 14% year on year.

Mish Liyanage, Managing Director of The Mistoria Group comments: “Investors need 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 £1bn of projects, including a 34-storey triple tower residential development. There are a total of 10 developments, which are set to transform the city centre.

Investors can acquire a high quality 3 bed HMO which will house for students, from £120K onwards.  The return on investment is very attractive too, with 13% (8% cash rental and 5% capital growth).”

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