Best cities for investment property the UK is a University city in Scotland, the best of which is the city of Edinburgh.
About to 6.11% of rental income removes the investor “buy-to-let” in Edinburgh.
A new report by market rent of residential property, introduced the largest real estate portal Zoopla. According to the report, the city next Edinburgh, Aberdeen followed with an index of 5.66%, then the city of Dundee with a number of 5.11%, followed by Glasgow with a rate of return of 5.07%. The only English city in the top of the list was the city of Coventry with an average yield “buy-to-let” of 6.03%. In the city Middlesbroug where is Teesside University , showed the worst yield of 1.47%. Next, bad city – the University of Lancaster where is Lancaster University – with a yield of 1.87%, and in third place from the end of the city of Lincoln, with a yield of 2.14% .
Research from Zoopla has shown that the city’s most prestigious and famous universities are not necessarily attractive in terms of rental yield.
For example, in Cambridge, the yield is an average of 3.65% in London , despite the presence of the famous London school of Economics and Imperial College – the yield leaves much to be desired and is at a level of 3.97%. Oxford ranked eighth with an index of 4.61%.
Currently the city, where the Scottish universities, and offer fantastic opportunities for investors. Universities in Scotland have achieved international recognition and, given the constant competition among students for housing close to campus and relatively low real estate prices in Scotland real estate investments in cities very profitable.
Many will wonder why such a low yield of the famous cities – universities – London, Cambridge and Oxford. The fact that the yield is calculated with regard to mortgage lending buy-to–let investor. But given that the value of real estate in these cities is very high, most of the revenue “eat” payments on mortgage loans” and the profit is very small compared with profit in the Northern parts of the UK.
® Alice Morgan. G. 11.09.2015
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