The North West region of the UK contains the big cities of Manchester and Liverpool and there is a high demand for rental properties due to the growing student population. The North West is home to several top universities, including the University of Manchester and the University of Liverpool, which attract a large number of students from all over the world.
Despite the slightly higher housing prices in the North West, the region still offers a good return on investment for landlords and it is the type of area where those investing can benefit from both the higher rental yield and property appreciation as the prices of houses in Manchester tend to go up year on year.
The North West is also known for its thriving economy, which attracts businesses from all over the world so if you’re looking at commercial property, this could also be a good idea. This has resulted in a growing demand for office space, particularly in cities like Manchester, which has been dubbed the “Capital of the North”. This opportunity for landlords to invest in commercial properties must be assessed carefully though as the demand for office space in general is going down.
Despite the large population of 8.2 million people, there is a trend for commercial buildings to be in less demand after the recent pandemic which may affect yields and commercial property prices in the long term.
Overall, the North West offers a range of opportunities for landlords looking to invest in affordable housing with a high demand for rental properties. The region’s supportive legal framework, growing student population, and thriving economy make it an attractive location for investors looking to make a fairly safe investment if they know what they’re doing.
As you can imagine, when it comes to houses for sale, many factors can impact the final price of real estate assets currently listed for this UK region.
To help you make informed and data-driven decisions, in the next section of this article, we have listed all the cities of the North West region. Click on the city you are interested in and access our analysis and relative property data.
|An insight into property in North West
|Average house price
|Average household income
Houses for sale in different cities of the North West
Manchester and Liverpool are the biggest cities in the North West and therefore the “hottest” areas for real estate investments, but, what about other cities?
Take a close look at the list here below and read more in our city-specific articles. Loads of property data and insights are waiting for you.
Data for cities in North West
Cities starting with A
Cities starting with B