Despite growth in London plateauing in single figures, forecasts regarding the north-west and its key cities boast the strongest levels of capital appreciation in the UK over the next five years.
In fact, property prices in this area are set to grow by about 15% by 2023, with the strongest increase led by property in the north-west’s key locations, including Manchester and Liverpool, which can expect uplifts in value by as much as 21.6%, while growth in London is set to stagnate in single figures during the same period.
Head north for the strongest capital appreciation from the UK’s property market then, that’s the message, with uplifting in house prices in the north-west of England which will significantly exceed the national average from now until 2023.
Furthermore, a surge in demand for rental property in the UK is expected, with investors turning to those areas of the country where yields are highest.
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