UK house prices are steadily rising, with the decrease of interest rates and the market activity helping to continue this growth. However, the growth is much stronger in some areas, with various hotspots across the country that investors choose to focus on to gain the best returns and capital appreciation.
The North of England is expected to see the strongest growth over the next 5 years, with both homeowners and investors become more drawn to the area. The expectation is that properties in the North will see a growth exceeding the national average, with analysis from UOWN expecting to see an average of 5% increase across the region.
The North West is at the top of the table for the Northern region, with major cities like Manchester and Liverpool expecting to see a 5-year increase of 29.4% - making it the ideal spot for investors looking for strong capital growth and reliable income.
The South East of England, alongside the Capital, is expected to see the lowest growth, clocking in at just 17.1% over 5 years – almost a full 12% lower than the North West. The North West of England has long been the focus of smart investors across the globe, and the next 5 years will solidify this.
If you’re looking for more information, or to learn about our investment opportunities, reach out today to our expert property consultants.