GLOBAL INVESTMENTS LAUNCH NEW RESIDENTIAL AND STUDENT UK INVESTMENTS DUE TO HUGE DEMAND FROM THE OVERSEAS MARKET
- Sheffield – With house prices in Sheffield still at the lower end of the scale compared to most UK cities, this could prove a great location for the first time investor. Property prices have grown by 19.5% since 2014 and an incredible 223% over then last 20 years with huge growth still expected in 2020 and onwards. However its the rental yields that form the biggest attraction. Currently sitting on 7.3% as an average. With a £480 Million Revamp of the cities shopping district vastly improving its amenities, Sheffield’s attraction is only set to continue to grow with tenants, investors, students and visitors alike.
- Cardiff – The Welsh Capital is certainly one to watch in the coming year. It is one of the fastest growing cities in the UK, recent regeneration and improvements to infrastructure, namely the new South Wales Metro, have improved connectivity and boosted sector and jobs growth in the city. Average rental yields in many parts of the city are between 6-8% and with its population tipped to grow the fastest of most UK cities over the next 20 years, demand looks set to continue to sore. Cardiff should be on any investors hot list for 2020.