Hello!
It is not a secret that when you purchase a buy to let mortgage, you should choose the best place to let it.
Of course there are insurances. But you definitely will not count on them forever. One day you would need tenants to rent your property.
Otherwise you will simply lose your money.
What places are the best? Agricultural? Downtown? Suburb?
Let's talk and advice each other.

It depends on your goals and on tenant's needs. For example, if you want to let it to a student or students it would be best to have your property somewhere next to their university/college. You could even benefit from your buy to let mortgage in that case.

Hi. Location is almost crucial, I believe, especially, if you're renting an expensive house/apartment. It influences the price you can set as well as the range of tenants who will be interested in the offer. It is evident, that tenants who are more or less better off would be willing to pay extra for such commodities as security, availability of shops, schools, kindergartens, fitness centers, etc. All of the above are more likely to be located in the downtown rather than in deep suburbs.

It all boils down to what end of the rent market you wish to serve: young professionals; students; families; etc. Once you've made a decision, then, of course, the right property location is a must. I'd say the best place is where you are most likely to find suitable tenants for the type of property you are letting.

I've read recently that more and more tenants nowadays pay more attention to whether the property they wish to rent is energy efficient. With fuel prices rising and economy shrinking, tenants prefer to save money on their household bills. According to the recent government survey, over a quarter of tenants surveyed regretted not enquiring about the cost of fuel bills prior to moving in. It's something to think about apart from location!

That's quite an interesting point, tenant39, but it makes perfect sense! Do you think that it would be a good idea to exchange our opinions on particular locations. For example, I have recently spent couple of days in Cardiff. I've never been there before and was pleasantly surprised by this city. It looks like a lot of money has lately been invested into its redevelopment. Although it's a capital city, it nonetheless seems pretty compact and easy to get your way around. I enjoyed it so much that even made some enquiries about property prices. These did not seem to have fallen as much as in some other areas of UK, but are still pretty reasonable. Rental market also seem to be doing well with all the students and young professionals. Who knows, your next BTL could be in the land of torchwood!

i believe location is the most important factor if you want to make a profit from your buy to let. I'd buy where there is an established infrastructure, access to public transport or motorways.

That would be particularly vital if you are targeting commuters as your tenants. And if you want to buy cheaper, look at the areas (for example, outer London) where it is proposed to have a railway/underground link in the near future. The prices will be sure to go up there!