WHERE ARE THE BEST PLACES TO INVEST IN ENGLAND?
When it comes to investing in property, there are some areas that are going to provide you with better results than others. There is a long list of different aspects to consider when choosing an area to invest in. To help you out a bit, we’ve chosen three of the best places to invest in the UK.
LONDON
Being the capital of England, you may have expected us to include London in this list. It’s hard not to as this area is starting to gain more interest from investors and there are a few reasons for that.
Firstly, it isn’t a stretch to call London a world-famous city; it’s recognised internationally as one of the most prolific cities in the world, alongside others like Sydney, New York, Hong Kong and so on. Not just this but London is also rich in history. It’s reasons like these that make London a desirable place – people want to visit here, live here and invest here.
London is a busy and booming place, which means that short-term setbacks like the Covid pandemic and cost of living don’t really matter as much and this place always bounces back better than before.
DERBY
Derby makes our list of the top 3 places to invest in England for a couple of really good reasons. Investors love Derby as more often than not it provides a safe investment opportunity. This is mainly down to its strong local economy.
There are lots of employers in Derby and the wages tend to be very strong, so people want to work and be here. Couple these facts with the low property prices and you’ve got yourself a winning area.
Another plus point for Derby is that the planning permission can be quite strict, making this quite an exclusive place to develop and live, while retaining much of its unspoilt natural beauty.
YORK
The city of York makes our list almost acting as a ‘best of both worlds’ from the advantages outlined for investing in London and Derby.
Similar to London, York is a famous and historical city; people always want to visit, invest and even live here. Often, that’s in spite of what the economy is doing at the time. Those who are familiar with York know just how beautiful and fun it is, so really it’s a no-brainer.
Being small, York is desirable to the masses as not many can actually live here. Many investors would go as far as to say that York is undervalued, due to its prestige and positive track record.
So, there you have our picks for the top three places to invest in England. What do you think of our picks?