The property market has had a tough few years and experts have shared their predictions on what is to come.
They suggested the best places to buy based on where demand is likely to grow.
Experts at leading property investment company Joseph Mews offered their predictions.
This looked at the areas where the rental growth prediction is the highest.
Leicester property could give the biggest return
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Leicester took the number one spot where homeowners could make the most by renting out their property.
The experts predicted rent prices could rise by a staggering 45 per cent in the next three to four years.
They said it could be an “emerging” city with lots of career opportunities.
“Leicester represents one of the more established ‘emerging’ cities on this list, underpinned by one of the strongest economies in the country driven by an incredible manufacturing sector,” experts explained.
“This East Midlands city is home to some large-scale UK employers including Walkers, Dunelm and Next, making it a hotspot for career opportunities.”
Regions where value may rise the most (rent growth predictions 2023-27)
Leicester – 45 per cent
Nottingham – 35.41 per cent
Manchester – 21.6 per cent
Birmingham – 19.3 per cent
Leeds – 15.9 per cent
Glasgow – 15.3 per cent
Liverpool – 15.9 per cent
Newcastle – 12.38 per cent
Derby – 12 per cent
Sheffield – 11.5 per cent
