Best investment opportunities for 2023

January is a great time to reflect on your current investments and consider your plan for 2023.

As you set your property investment goals for the year, you will need to take into consideration location, property size, local demand and expected price increases over the coming years.

To inspire you, we’ve identified some strong property investment opportunities for 2023 which you can consider for your own portfolio.

Think small

You may already have a preference towards house rentals - But as prices increase and young renters continue to move towards cities, apartments should be a serious consideration for your property portfolio.

Apartments offer a lower capital entry point, higher yields and more of a hands-off, hassle-free investment - Making them a perfect investment for new investors. Apartments generally come with lower maintenance demands and higher tenant interest (due to lower rental prices).

Student Accommodation

We covered the benefits of student rentals in a recent article where we noted a handful of northern student cities which seem to be leading uk rental yield increases. This list included; Newcastle Upon Tyne (Avg. 9.8%), Manchester (avg. 10.1%), Bradford (10.6%) and Nottingham (11.3%).

If you are seeking investment opportunities with high yield, student properties certainly deliver that. With rent being charged per tenant rather than per property, rental yields tend to be significantly higher. Additionally, student rentals will always be in high demand due to the constant stream of new potential renters, making for a fast tenant turnover with each new semester.

Moving North

It seems that cities in the North and Midlands are becoming the new hot-spots for property investment in the UK. With many businesses moving their headquarters North and attracting young professionals to these areas, the demand for rental properties in areas such as Birmingham and Manchester is rapidly increasing.With properties in Northern cities having lower price points than similar investment opportunities in London, these cities present strong opportunities for new investors.

Property continues to be a leading investment type in the UK, but it’s important to plan ahead and have a clear strategy with your investments to ensure you are getting your desired yield. Always conduct thorough research before making a new investment.