Worst Property Investment Spots - Nova
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London’s rental market reveals what is to come for many major cities in the world, as rents currently fall by up to 15% in some areas of London. Especially zones 1-3 are hit hard, as tourism and business has come to a standstill during the Lockdown, causing previous short-term lets to flood the long-term rental markets, adding to the supply and thus lowering prices.

Renters are looking for properties with outdoor spaces, which tend to be rarer in zones 1-3, and with the uncertainty in the property market, current tenants are feeling more confident about asking for reductions to their rent, or moving to someplace cheaper in the area.

Add to this the growth in peripheral regional markets such as Birmingham, Liverpool, and Manchester, and it would make sense for property investors to look outside the capital.

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