If I Were Moving: The Best Places To Buy Property UK
A crucial factor for any landlord or homeowner to consider: where is the best place to buy property in the UK? Whether you’re on the hunt for a new home or seeking out a savvy investment opportunity, choosing the right area is a key component of any property journey. We’ve rounded up the best spots the UK has on the market to make your decision that much simpler – keep reading to discover the perfect area for your specific property needs.
If You’re Looking to Invest
For any first-time landlords out there, wherever you decide to make your property investment will be the key to maximising your ROI. Here are some of the top locations that cater to investment potential for homeowners looking to let.
London
Of course, this list wouldn’t be complete without including London. Despite prices being at an all-time high, London still stands as one of the UK’s prime property spots. The capital is a global financial hub and offers landlords the appealing promise of stable returns and high rental yields.
If you’re really looking to invest, central areas such as Kensington and Chelsea are favourable, with Clapham and Hackney proving to be the most popular places for young renters over recent years. There are also plenty of up-and-coming places to explore, such as Crystal Palace and Abbey Wood. In terms of ROI, anywhere in London will undoubtedly provide you with long-term capital appreciation.
Bristol
The economy, culture, and popularity of our nearby neighbours continue to boom. With so many looking to relocate to Bristol from London and other areas, the rental market has skyrocketed, seeing an unshakable demand that is bound to have people queuing up outside your new property’s door.
Like with London, anywhere you choose to explore in Bristol is a safe bet for your investment – the thriving student population and strong rental market promise excellent ROI – but Clifton and Redland continue to stand as some of the most popular areas. If you’re hoping to rent to students, you can go for the latter, or opt for cheaper properties a bit further from the action of the centre, such as Fishponds, Horfield, or Totterdown.
Leeds
If you’re looking further up north, Leeds is another fantastic spot that’s widely popular amongst students and young people. Famed for its vibrant culture and booming economy, Leeds offers a wonderful opportunity for investment and is on the more affordable side when compared to places like London or Bristol.
Throughout recent years, Leeds has seen several regeneration projects and an expanding commuter belt which has given the rental market a significant boom, particularly in areas like Headingley and Chapel Allerton.
Durham
This historic university town is a prime spot for investment opportunity, being widely popular amongst students and young professionals. With excellent transport links to major cities, high rental yields, ongoing redevelopment, heritage appeal and a strong economic grounding, Durham is an ideal place to put down your property investment.
If You’re Looking for a Home
Bath
Of course, we can’t help but mention the Somerset city that sits closest to our heart: Bath, the stunning, historical area that sits just across from the hustle and bustle of Bristol, offering a peaceful quality of life while still maintaining a sense of city living. Renowned for the famous Roman baths and Georgian architecture, Bath is a beautiful area to invest in if you’re looking for somewhere to truly make a home for yourself.
Beautiful natural landscapes, a thriving city centre on your doorstep, and plenty of career opportunities across a multitude of sectors – the city of Bath has it all, offering locals a strong sense of community and an endless list of sights to see and things to fill your time with. Luckily, the city is small enough to get around most places on foot, but if you really want to be a part of the action, opt for a central area like Larkhall or Lansdown. For something more low-key, you can explore Oldfield Park or Bear Flat.
Lyme Regis
Hidden along the Jurassic Coast, Lyme Regis is a wonderful spot to make your mark if you want stunning views on your doorstep and a more relaxed pace of life. The town’s quaint atmosphere, coastal activities, and lush landscape make this the perfect place for anyone looking to live amongst nature, with a close-knit community of like-minded neighbours to make memories with. Markets, festivals, and outdoor exploration – Lyme Regis is the ideal area if you want an idyllic seaside lifestyle.
York
Another northern town that would make for an ideal investment is York, boasting a quintessential charm, rich history, excellent schools, and a strong sense of community amongst the local residents. Areas such as Bootham and Bishopthorpe are great if you’re searching for a new home for your family, and the close proximity to the nearby countryside means you’ll always have stunning spots to explore together on the weekends.
Wondering where’s the right place for you to make your property investment? Our team of experienced lettings and estate agents is here to help. Whether you’re looking to invest or searching for the perfect spot to make a home, we have helped hundreds secure success on their property journey, with property experts on hand to make sure you find the right solution for your unique needs. Get in touch today to hear more about our services.
