Liverpool, Manchester named as UK's top buy-to-let market again
Liverpool, home to the UK’s first-of-its-kind Knowledge Quarter, has been named UK’s top buy-to-let city for yet again.
The city has been a top pick for the rental market since 2013 .
The research by independent credit broker TotallyMoney, which surveyed 580,000 properties across England, Scotland and Wales, found that universities outside London provided landlords with the highest yields, with Liverpool claiming top spot at up to 12% average rental yields.
The L6 and L7 postcodes in Liverpool dominated due to its cheaper prices, but also, most importantly, because of their location which is close to the city’s three main universities. The universities provide a catchment of some 70,000 students, which drive demand for housing.
Landlords have even more to rejoice about as the upcoming construction of the high-speed rail , and (HS2) will continue to boost the economy in Liverpool, thus driving demand for housing creating opportunities for the buy-to-let investors.
