The latest research from oneandonlypro.com has revealed that despite Oxford and Cambridge topping the university league tables in the UK, they score poorly for property investment, so where comes out top?
Original article published by Property Reporter, 19/06/2019
Fourth and fifth place went to Sheffield (5.8) and Manchester (5.6), both cities offering a sound investment, with an average Diamond property price of £85,938.70 and £143,014.87 respectively.
Leeds comes in third place with 6.5% and an average £103,376.84 Diamond property price, followed by Nottingham in second with an average property price tag of £117,152.06 with 11.3% of investment properties given the top score of 10 by One and Only Pro.
Taking the top hotspot is Newcastle, with 12.8% of properties found to have 'Diamond' investment status by One and Only Pro's unique algorithm. Offering the most affordable of all the university towns and cities, the average Diamond property in Newcastle costs just £96,573.25.
The unique algorithm... The analysis ranked the top universities in England and Wales areas based on the percentage of Diamond properties on the market in June 2019. Investment properties were given a score from one to ten, with properties rated ten dubbed Diamond properties and the most likely to increase in value. Properties which score ten are a once in a lifetime investment, that will sell quickly. Properties with scores between seven and nine will outperform other similar properties.
The Top University Towns and Cities for Property Investment