Diversification of BTL portfolio

[IceBoy]

Hi All,

I have a coupleof BTL properties in low yield areas within the home counties, which have had good capital appreciation over the last 10 years.

I now want to add a couple of cheaper high yielding properties, I guess in the north with little capital out lay (low deposits). So I have start to look at those areas with big universities.

So I have come up with:

Sunderland
Birmingham
Manchester
Huddersfield

Does anyone have any experience of this, in this market?

Are there areas to avoid?

There also seems to be lots of new "Halls" type new builds...what has this done to the market?

Help and advice aapreciated.
IceBoy