Where are the Top 10 best places to invest in property?

When it comes to property investment, city centres have long been the go-to choice for many investors. However, as the UK’s property market continues to evolve, it’s becoming increasingly clear that by venturing outside the major city centres, you can discover hidden gems that could provide strong rental yields, steady demand, and the potential for impressive capital growth.

Whether you’re a seasoned pro or just starting your investment journey, here's why these prime rental locations should be on your radar for 2024. We’ve compiled a list of 10 locations that have a significant appeal for many, but will depend entirely on your own strategy and goal.

1. Guildford, Surrey: Guildford's close proximity to London, excellent schools, and high-quality of life make it an attractive option. The town's strong demand for rental properties, particularly family homes, offers solid investment potential.
   
   
2. Reading, Berkshire: As a major tech and business hub, Reading boasts a thriving job market and growing demand for rental properties. Opened in 2023, the Elizabeth Line has further enhanced its connectivity to London and the rest of the UK.
   
   
3. Cambridge, Cambridgeshire: Home to one of the world's most renowned universities and a thriving tech sector, Cambridge continues to attract students and professionals alike. The area’s strong rental market and potential for capital growth make it a prime investment destination.
   
   
4. St Albans, Hertfordshire: St Albans offers a mix of history, culture, and commuter convenience to London. Its affluent residents and strong rental demand contribute to its appeal for property investors.
   
   
5. Basingstoke, Hampshire: Basingstoke's excellent location, diverse economy, and affordable property prices make it an ideal choice for investors. The town's excellent transportation links to London and other major cities add to its investment potential.
   
   
6. Harrogate, North Yorkshire: Harrogate's charm, spa town reputation, and strong rental market make it a hidden gem for property investors. With a focus on quality of life, the town attracts professionals and families seeking a quieter but well-connected lifestyle given its proximity to Leeds, Manchester and York.
   
   
7. Leamington Spa, Warwickshire: Known for its Regency architecture and elegant gardens, Leamington Spa is experiencing growing demand for rental properties. Its central location in the Midlands makes it an appealing choice for investors looking beyond London.
   
   
8. Tunbridge Wells, Kent: Tunbridge Wells offers a blend of historic charm and modern amenities. Its strong rental market, particularly for family homes, makes it an attractive destination for property investment.
   
   
9. Exeter, Devon: Exeter's thriving economy, top-ranked university, and close proximity to the coast contribute to its growing demand for rental properties. The area offers a balanced lifestyle that appeals to both tenants, investors and a strong tourism market.
   
   
10. York, North Yorkshire: With its rich history and strong tourism industry, York offers a unique investment opportunity. The city's appeal as a tourist destination and strong demand for student accommodation make it an area worth considering for property investors.

While the above is based on our opinion, when investing in these places remember to conduct thorough research, consider factors such as property type and location within the area, and seek advice from local property professionals. These top 10 locations offer diverse opportunities for investors looking to build and diversify their property portfolios in the UK's vibrant property market.