Angel Of The North
Firstly, we believe it is the best place in the country to live, but we would say that!
From a property investment point of view one of the key factors that helps drive all residential property markets is the concept of ‘affordability’. In simple terms this is the relationship between individual ‘earnings’ and property values. This relationship is fundamental when predicting yields and the potential for capital growth.
The North East of England remains one of the most ‘affordable’ areas of the country in which to buy property and as a consequence remains a very attractive place to invest. Rental incomes are surprisingly comparable to the rest of the country and because property prices are substantially lower, the ‘yield’ on your investment is greater.
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The overall rental market in the North is extremely buoyant with good demand.
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Notes:- As with any investment yields and capital values can go down as well as up. Crowd2Let do not guarantee rental incomes or post refurbishment values in any way and ongoing maintenance costs may be incurred in the future. MRA Property Investments Ltd are not financial advisors. We act as an agent sourcing, maintaining, letting and managing residential properties on behalf of investor clients. Mortgages are subject to status and availability. Your property is at risk if payments are not maintained.