NORTHERN POWERHOUSE – DOCKLEYS

Compare Listings

NORTHERN POWERHOUSE

NORTHERN POWERHOUSE

The so called Northern Powerhouse cities of Manchester, Leeds and Liverpool have joined the Bangkok, Lisbon and Berlin at the top of a list of global property investment hotspots, according to a new ranking report.

These cities could soon also be joined by Newcastle and Seattle at the top of the table, offering the best return on investment, says the latest quarterly global real estate outlook report from an international property investment group.

Manchester continues to take the top spot. With rapid growth taking place, the report says that house prices are on the up, with an 8.6% increase recorded from October 2016 to October 2017 and rents are forecast to increase 16.5% from 2018 to 2022.

Healthy rental yields of 5.6% gross were recorded at the end of 2017 too, driven by a large working age population and a 51% graduate rate from the city’s 105,000 students.

img

Adam Dockley

Related posts

What tenants should expect from a property inspection

If you’re new to renting, you might be surprised to hear that your home is going to be inspected...

Continue reading
by Adam Dockley

Bunhill Heat and Power – greener, cheaper energy for Islington homes

If you’re considering investing in one of the units at the new City Road development, you’ll be...

Continue reading
by Adam Dockley

Three reasons why you should choose a local estate agent to sell your property

With larger estate agents choosing to cover all of Greater London, and the rise of online estate...

Continue reading
by Adam Dockley

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close