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Leicester Property Market Vs Nottingham Property Market. Where do I invest?

Having studied LAND REGISTRY data, I want to briefly cover these two EAST MIDLANDS property powerhouses!

Prior to investing in property you should firstly consider property price trends and thereafter rental yields.

The above graph and data I studied from land registry shows that the average terraced house price in Leicester is just over £92K and for Nottingham just over £64K. These figures show that (on the face of it) you can buy terraced houses in Nottingham for an economical price.

However are there significant rental returns? Bare this in mind when purchasing your next investment home. I conducted a city by city comparative rental review on Rightmove to further investigate.

Leicester appears to be a better investment option due to it's high rental yields regardless of the higher property prices.

This is further encapsulated by a strong Leicester economy and buoyant rental market!

If you require further property investment advice or would like to discuss this article in more detail, please contact me.

Published on 09 June 2015

Written by Mayur Sachdev

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