Property Investment in

Lancaster

A hotspot for property investors.

A hot-spot for property investors

Lancaster is a historic city in northwest England. The city is well-connected with the country’s main cities; London, Manchester, and Birmingham. While Lancaster’s population is only over 50,000 inhabitants, a larger area covers almost 150,000 people.

Best Investment Opportunity

Investment opportunity min Lancaster has a thriving city centre, with its historic areas as well as different service centres. The reasons why the city is an attractive destination for property investors are affordable prices and demand for rent.The high demand for the rental market in Lancaster is a result of its student population. Lancaster University is famous for its international reputation and high-quality education.There are almost 15,000 students enrolled at Lancaster University. While some of the students live on campus, many of them choose to live in the city. Students mostly prefer to live in the outskirts of the city to be closer to the university. This creates a very valuable opportunity for Lancaster property investors because while the prices outside of the city centre are lower, there still is a demand created by the city’s student population. Buy-to-let investment is the best investment opportunity in Lancaster. The increasing student population creates a high demand for temporary housing, therefore Lancaster property investors have various options in the buy-to-let market. This is why more and more people are in search of the best property for sale in Lancaster, for they know investing in the right property would bring them more capital in future.
Property investment min Buy-to-let property investment in Lancaster is a very smart decision. The average house price is around £183,707 according to UK House Price Index England and this index was increased by 1% in the last year despite the Covid-19 pandemic. While the price is much lower than the national average of £248,271, Lancaster’s property gives investors a chance to grow capital with affordable investment. The average monthly rent in Lancaster exceeds £700. Investors can earn an average 4.4% rental yield. Property investment in Lancaster is a very good opportunity for investors who are looking for safe investments. Lancaster’s affordable prices, stable property market, and increasing demand for rent are a guarantee of a secure and successful investment.

Why Lancaster is so attractive?

If you are considering property investment in Lancaster, here are the most attractive investment destinations:

Scotforth

Very well connected with Lancaster City Center, while being accessible for Lancaster University staff and students. It’s one of the best residential suburbs in Lancaster with affordable prices.

Lancaster City Center

Residential as well as business area. In this part of the city, investors can buy houses as well as flats and new apartment buildings. This part is the most popular destination for locals as well as students.

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