Is the North-West Still Dominating the UK Property Hotspots? - Nova
downArrow

In the past 18 months more affordable living and strong commuting connections have become more popular due to covid. It has become more common for people to look for more desirable locations with good proximity to amenities such as transport links, cafes, gyms and restaurants.

There is no secret that towns and cities in the north of England and Midlands make up the majority of the UK property hotspots. Manchester city centre has become a great option for Londoners leaving the capital. Therefore, it has become much more appealing for owner-occupiers and investors due to lower costs of living.

Furthermore, Zoopla’s recent House Price Index shows that capital growth in Manchester was 7.2% in the last 12 months which the second-highest level of annual house price growth among the UK’s 20 largest cities.

As the city is experiencing a major transformation and increasing demand for desirable dwellings, it still offers strong capital growth prospects for the coming years. In 2020, Savills projected the northwest to see the strongest capital growth with a 28.8% rise by 2025.

Nova News

Manchester as a stable investment hub
Manchester as a stable investment hub
by Saeid Ansari
read more
Property prices increased over 13% in the second quarter of the year
Property prices increased over 13% in the second quarter of the year
by Saeid Ansari
read more
Property prices are going up – and not just in the UK!
Property prices are going up – and not just in the UK!
by Adam Pearce
read more
Capital Growth Forecast To 9%
Capital Growth Forecast To 9%
by Saeid Ansari
read more
Is the North-West Still Dominating the UK Property Hotspots?
Is the North-West Still Dominating the UK Property Hotspots?
by Saeid Ansari
read more
Want to be the first to know what’s going on in the world of property investment? Subscribe to our newsletter below.
The property pension plan book icon

Take Control Of Your Future With Buy To Let Investment, get The Property Pension Plan for Free!

Find Out More
Get in Touch

Book a complimentary property and/or finance consultation

back-to-top