International investors (and Chinese investors specifically) are beginning to look northwards in the UK for investment opportunities, away from the expensive south and in the capital London. Chinese property investors are increasingly becoming interested in northern markets, such as Liverpool and Manchester.
Naturally, being the tourist hub of the UK and the largest city in the country by far, buyers will quickly look towards the capital city of London when thinking about Chinese investment in the UK. However, particularly since the market stagnation following the Brexit referendum, and also for other reasons such as high house prices (and similarly low rental yield averages in the capital), interest is beginning to shift up northwards for the future, as is the case with many UK-based investors and businesses, too.
Chinese investment in London is starting to slow in favour of the Northern markets, as they out-perform areas in the south with buy-to-let property types like student accommodation.
When thinking of investment and business in Northern cities such as Liverpool and Manchester, both are viable and potentially lucrative options. Liverpool currently has the edge in terms of rental yield, with many of the best postcode averages in the country, according to Totally Money’s Buy to Let map for 2019/20.
