I love a top 10 list, do you?
In the wake of a massive flatline in property prices in the UK at the moment, there are still some areas that are worth a watch.
Of course, you’d need to do your due diligence, but they certainly have interesting prospects over the coming few years!
- Henbury, Bristol – With the old train station reopening in 2021, great access to the M5, the potential for the new Bristol Arena opening close by and set on the outskirts of Blaise Castle, this overlooked area will be one to watch as transport links improve
- Coventry – The Coventry Gateway Scheme will see 5,500 jobs open up on the new industrial park near the airport. Jobs = need for homes. There’s a lot of other development going on in Coventry, with its city centre regeneration and the University expanding, it’s certainly one to watch.
- Cardiff (CF10) – Has one of the highest yields I can find… probably from the amount of student lets.
- Plymouth City Centre – Here’s why it’s worth a watch… property is still cheap(ish), but developers are moving in to build in the suburbs. Combine that with the University getting planning permission to completely transform the train station. If you’re not into resi, then definitely with the transformation going on see if commercial yields stack up. I have to also note that I’ve seen Tinside Lido in A LOT of holiday brochures!
- Swansea – the place where house prices are rising the fastest
- Bromley – For you London-ites (such as me 😀 ) I’ve been searching a lot around London to see what it still accessible and Bromley is throwing up some interesting commercial and residential investments AND it’s on 20 minutes to central London. No it’s not as cheap as up north, but yes there still some interesting purchases.
- Inverness – You know why I started looking here? The local tourist board are spending a lot of money of advertising in Canada, which probably means that they are advertising elsewhere too…. If you like investing in Scotland, additional tourism brings jobs plus tourists.
- Gloucester – house prices have recently started increasing, although there’s some great bargains to be had… and it’s right on the doorstop of the Cotswolds so your tenants can maximise on rural and city living (and who doesn’t like a shop around the outlets, Gloucester Quays anyone?!)
- Glasgow – I think Glasgow is a beautiful city every time I check yields are still high. There are great transport links.
- Sheffield – You can get a good deal here. I was hesitant to mention Sheffield as it seems like the standard place to be looking. But you can’t beat the house price rises and the strong yields. I think it’s still an interesting place to look at.
That’s my top 10 places to look at the moment. You will note I left off Leeds, Liverpool, Manchester, Stoke and other bigger cities in the north. I think that they appear on a lot of lists and so to get some diversity I’ve gone elsewhere.
Also, just as a side note, towns that narrowly missed the list were Wrexham and Walsall, they are also worth a look at!!
What do you think? Are any of these places of interest to you?
