New research by property investment portal www.oneandonlypro.com has revealed that the North West is the best place to invest in buy-to-let properties across England and Wales. The top 172 buy-to-let locations have been ranked using www.oneandonlypro.com’s unique AI-based algorithm.
Investment properties in England and Wales were given a score from one to ten, with properties scoring highest being the most likely to increase in value. The highest scoring locations are known as the ‘Diamond Property Hotspots’ by property experts, the five locations with the highest concentration of top scoring properties can be found in the North West of England.
Salford was top of the list with 21% of ‘Diamond’ properties. Burnley came second with 20% of the properties showing the greatest investment potential, while Birkenhead and Bootle shared third place with 16%. Blackpool (12%) took the last place in the top five. These ‘satellite towns’ are now expected to increase in popularity due to their big city neighbours being overbought in comparison.
Henri Sant-Cassia, One and Only Pro’s CEO, commented, “It is true that the North West is showing the greatest number of properties with investment potential but a ‘shrewd’ investor can find ‘diamonds’ almost anywhere in the UK. One and Only Pro has been designed to reveal those hidden gems so even inexperienced investors can find the best deals in a particular area. The top location in Wales