Investors in Birmingham can expect a rental yield of 5.4% and price growth of 14.2% in the next five years, making it the best location for investors, according to UK developer SevenCapital.
Average rents have risen by 30% in the past decade, and are expected to increase by 15.9% in the next four. Prices in the city stand at £202,162.
There’s a raft of projects upcoming in the city – notably the Midlands Metro extension, HS2 and the 2022 Commonwealth Games
The second best city for landlords is Manchester, followed by Liverpool, Nottingham and Newcastle.
Projected five-year price growth is particularly high in Manchester and Nottingham, at 15.76% and 16.92%.
Liverpool and Newcastle are on the cheaper end, with prices averaging at £186,527 and £198,307 respectively.
The only town represented in the study was Bracknell, which was rated the eighth best place for investors.
While the area has a high average price of £383,788, prices are expected to rise by 11.02% in five years.
Bracknell is home to tech businesses such as Dell, Microsoft and 3M, while the town is in the midst of a £770 million regeneration.
This post has originally been featured in Property Wire.