According to the Property Industry Eye (using data from Halifax) Swansea is the number one place in Wales for house price growth and 16th in the whole of the U.K.
Many of the other top places are great to invest in no doubt but the house price values in Swansea are low enough to make it one of the best places to invest right now in terms of Capital Appreciation.
Annual growth of 7.7% vs an annual average of 2.7% is more than double the national average and lends credence to our research on Swansea as an area for investment.
But what does this mean for rentals?
Well, according to Rightmove's rental trends tracker Swansea was in the top 3 highest rental growth areas outside of london from Q2 2016 - Q2 2017.
It’s also recently reported a recent 10.5% annual rise in Swansea rents.
This is an ongoing trend that is set to continue in Swansea as people come in from outside the area looking for work and the competition for spaces increases further still.
Swansea has seen huge growth in house prices over the last 20 years, using zoopla averages we can take a look at the whole market, however, if you look at the data properly and choose the correct area of Swansea rather than just Swansea itself your results could multiply.
All Zoopla data below comes from https://www.zoopla.co.uk/house-prices/swansea/
What do you think of the rent and house price increases in Swansea? our properties flow cash from the outset but they're also very likely to increase rent and capital values over time to give you multiple streams of income from the same property.
Hi, I'm Martin Howard and I authored this article. I lead up the Key Properties group, we are a sourcing, development, estate and letting agents that operates mostly in South Wales. We typically over achieve on our projects and deliver great returns to our investors. Email me: firstname.lastname@example.org if you want to chat or WhatsApp, call or message 07851 873995. Thank you for reading 😀😀