The UK's top 10 property investment hotspots
Your child could use those funds to pay their rent at their chosen studying location. Featured Article Our buy-to-let property guide covers the top ten considerations when buying your first or next buy-to-let investment. UK property investment made easy.
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When capital appreciation is added into the investment equation, it's easy to see why the demand for buy to investment properties in Manchester city centre has grown so significantly in recent months. At the heart of the Manchester recent renaissance has been the new development at Salford Quays, as significant levels of investment have turned the area into one of the most desirable locations for young professionals in the north of England.
Far removed from the urban decay seen throughout Salford Quays in the 's and 80's, Salford Quays is now a thriving commercial and residential district, which is home to some of the UK's leading corporations including the BBC and ITV. The new MediaCity, the catalyst around which Salford Quays has grown, was a development put in place to counter balance the traditional media industries throughout central London. Today, a large number of corporations have chosen to make MediaCity and Salford Quays their home cementing the areas identity as one of the UK's leading commercial centres.
Arguably the highest profile of these corporate relocations was the BBC's decision to move over 2, staff from their offices in central London to the new stunning new Northern HQ offices on the banks of the Salford Quays.
Understandably, such a large increase in employment throughout the area placed a significant demand on the local property market, and today both short and long term rental accommodation in Salford Quays is in high demand. Whilst a number of high profile residential developments were launched in the Salford Quays district in the past two years, the demand for buy to let property in Salford Quays is today at an all time high, with investors both in the UK and overseas keen to capitalise on the increasing demand for rental accommodation.
We offer a wide range of investment properties for sale in Salford Quays and the surrounding areas such as Old Trafford and Stretford, and new developments such as those at Adelphi Wharf and MediaCity have proven hugely popular with investors. Exit strategies tend to be one of the most avoided, and for a lot of investors, the most confusing part of property investment. Whatever your reason for exiting, from moving towards retirement to freeing up capital to re-invest elsewhere, we are proud to give you a full circle solution to sell your property quickly.
We can advertise your property on all the mainstream property portals, including Rightmove, Zoopla and PrimeLocation, AND feature your property to our network of over 20, investors looking for ready-made investment opportunities. Latest News About Us. Contact our team about this Location.
Contact our team about this Development. Property Investment in Manchester Manchester sits in the traditional county of Lancashire, though the Greater Manchester Area is now the official term. I would like to receive future updates from Hopwood House regarding investment opportunities and other services.
Are you reaching an opportunity to realise your exit strategy? How you can restructure or maximise profits from your property portfolio. Buy-to-let investors are hemmed in by new taxes and regulations, while owner-occupiers are reconsidering high-risk property moves as interest rates start to rise and mortgage affordability rules remain tight.
After experts tackled the issues on stage at the FT Weekend Festival last weekend, FT Money assesses the outlook for anyone thinking of pushing the boat out on a home purchase. Is property still a good investment? A housing cycle is under way across the UK, said Richard Donnell, director of housing market analyst Hometrack, told a packed marquee of FT Money readers at the festival.
But depending on where you are in the UK, it could either be coming to an end or it is just getting going. There are other parts of the UK that are still to see the ripple effects of formerly stratospheric growth in London and the Southeast — a trend that stalled roughly three years ago.
The decidedly mixed picture he set out is reflected by lacklustre levels of activity in the housing market. The number of housing transactions has been stuck at the same level for four years — around 1. But some of those sellers are not yet willing to acknowledge that a material change in sentiment has taken place.
One indicator of this is the gap between asking and selling prices, which stands at 10 per cent in central London, said Mr Donnell. In Manchester and Birmingham it has narrowed to about 2. It takes a couple of years for sellers to take that on. Among asset classes, housing often carries a strong emotional connection for its owner-occupiers — a connection that few would ascribe to the equity funds sitting in their Isa.
To ask the question whether property remains a good investment may have been uncontroversial in the FT Money tent, but Mr Mead, an industry veteran, said it marked a long-term and lamentable shift in public attitudes over the function of housing and the development of a national obsession with house prices.
I do wish people would stop worrying about their inherent value being associated with their house. He was bullish, nonetheless, on the logic of pressing ahead with a purchase today. Pricing may be hard to pinpoint in a sluggish market with low turnover, he said, but the fact that everyone in an area was in the same position meant losses on one side of a transaction can easily become gains on the other. Sometimes people are selling for less than they might have been able to get and in other cases other people are sitting tight.
The difficulty of finding the right price in this climate of uncertainty, however, has brought interesting developments in the way people are marketing their homes. These allow them to put the word out among selected potential buyers, without publicly advertising the sale.
For owner-occupiers, investing in property can mean stretching oneself on a mortgage in the belief that a house is undervalued, or will rise in value following a revamp. There, the experts agreed, the outlook is not rosy. Landlord investors have been in high dudgeon after a series of tax and regulatory changes that have hit profits and raised the costs of investment. Extra stamp duty in the form of a three percentage point surcharge on buy-to-let purchases introduced two years ago is one drag on the sector.
Arguably, the more damaging move for highly leveraged landlords is the loss of higher rate tax relief on their mortgage interest, which is being eradicated in stages, disappearing for good in The hit to higher-rate taxpayers has come together with the prospect of higher interest rates on buy-to-let mortgages after base rate rises, causing landlord owners to question their underlying rationale for investment and squeezing out those who pin their hopes on a short-term return via capital growth.
Mr Donnell offered a glimmer of hope in urging a different mindset on landlord investors. What buy-to-let still offers is a pension-style income stream that delivers a monthly cash flow from a property, he said.
This can allow investors who are no longer working to benefit from earnings growth in the form of higher rents. But the arms-length nature of such deals brought sharp warnings from Ms Faulkner about the need for fine-grained research into proposed areas for investment, with good and bad deals aplenty even on the same street.
This is what you should focus on. Mr Pryor said the option of improving the value of a home through refurbishment or development had not gone away. The only way you can do it is to buy with cash, and buy something nobody would touch with a barge pole.