The most attractive for investments cities are in the North West of England

The city of Blackburn in the North West of England was the first growth of profitability of the city for those homeowners who invest in residential property in England. Another attractive city for investments is also located in the North-West of England – Carlisle . The yield in these cities increased from 4.13% to 5.69%, i.e. by 37.8% This place can also boast of the cheapest property in England and Wales where the average price of a property is £95000. The new index, which was introduced to real estate investors of the United Kingdom reflects what the rental yield of an area of the market of real estate of England and Wales.

The second place on growth of yield is Carlisle , where the rental yield increased by 36.5% to 4.73%, followed by Gloucester with a yield of 4.07 per cent, then Halifax, West Yorkshire, Oldham, Lincoln, Cleveland, Oxford and Blackpool.

In Dareme yield, by contrast, fell from 7.09% to 4.67% , i.e. by more than 34.2%. Significantly decreased yield in Chester and Croydon is approximately 30%, reaching average annual values of 4.76% and 3.57 percent respectively.

A competent investor needs to assess not only the current profitability of the market, “buy to let”, but the profitability or other of the property in the long term. You must research the market to determine which areas will be popular in the future. The price of real estate is always strongly influenced by the presence of nearby transport interchanges and infrastructure. Also , you must consider the level of employment and solvency of the local population. All these things are interrelated. So, a new transport interchange by themselves improve the infrastructure and create jobs, which increases the potential of the real estate market.

®Helen Entree. 15.9.2016 G.

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