Since the end of last year, all the predictions about the property market in England for the next few years have been promising, especially when talking about the cities in the North West of the country.
With this optimistic view now is a good time for student property investment. Prices are still low so now is a good time for savvy buyers to snap up some bargains. Due to the consistently expensive property prices in London and the surrounding areas, Northern cities are set to become incredibly popular among investors in the coming year – so invest while you still can!
As the price of properties rise, so will rental prices. This is why investing in a student property in Manchester is a good option. By investing in an HMO property you will obtain outstanding results, because they are let out on a per-room basis rather than a per property basis, earning an average income of 2% more per year than residential landlords. Investing in a property whilst houses are still relatively cheap, means that you can then enjoy the rewards the 2014 predicted price increase may bring. With over 400,000 students in the city, you can be sure that you will get a great profitability of your property.
If you don’t want to miss this great market opportunity, why not get in touch with the Mistoria Estate Agency? We’ll be able to give you expert advice with regards to buying investment property, and discuss our latest deals to find the perfect investment property for you. Give us a call on 0161 707 6106 or to view our current available property investment opportunities, visit www.mistoriaestateagents.co.uk/sales