Nottingham - Best Performing City
Despite the unprecedented Covid 19 situation, we are delighted to see Nottingham is on track still to be the UKs best performing city in 2020 with 4.1% growth reported in Zoopla’s March report just issued.
As we have previously stated, due to the very affordable prices in Nottingham compared to average salaries and the shortage of supply, then this market is one that will continue to do well.
Certainly some cities where prices were already over priced will suffer in the second half of the year, but we have seen very little difference in demand in Nottingham, indeed we agreed a price yesterday higher than list price due to demand.
With the perfect combination of capital growth and strong rental yields of 7%, plus very low interest rates, this is a great time to get a strong return on any money sat in the bank achieving under 0.1% interest!
Get in touch if you are looking to secure a buy to let in the UKs fastest growing city - reserve today and complete at the end of the year or start of 2021! Email in first instance for latest availability and prices at firstname.lastname@example.org.
Zoopla March 2020 report
Fastest growing cities
Nottingham, Leicester and Manchester are registering the fastest house price growth.
Nottingham - 4.1%
Leicester - 3.9%
Manchester - 3.4%
Nottingham often leads the housing market way with growth & yield.