A report in the Cambridge News as highlighted Peterborough as a continued buy-to-let hotspot.
This time last year, Peterborough was widely reported as the ‘up and coming investment hotspot.’ And they were right.
Savvy investors are looking for maximum rental yield and capital appreciation, so will always look at the up-and-coming locations in Britain and spot signs of promising regeneration. After all, if a place is going up in the world, the house prices are likely to keep pace with its success.
Peterborough is a city of innovation, rich history and diverse culture; it is a fantastic place to live and work and thanks to its position next the A1 and on the East Coast mainline it is also one of Britain’s top commuter cities.
Into 2016, and gross yields of 8% are being easily achieved in the area. House prices have been climbing steadily since 2009, but thanks to a £1 billion regeneration project, house prices are predicted to rise further, leading to benefits of capital appreciation for the smart investors out there..
If you’re interested in finding out more about investing in Peterborough’s buoyant buy to let market, take a look at the Current Developments section, right here on our website !