Liverpool in top 3 Buy To Let Investment Yields
Forget London – landlords are likely to make more money each year by renting out properties in Wales and the North of England
Property is a major component of personal wealth in Britain, whether it’s owning a home to live in or buying a house to rent out.
In recent years, property owners have seen their assets soar in value, as a severe housing shortage has pushed up prices across most of the UK.
Rents have also surged, driven by a fall in home ownership as young people find it harder to take their first step onto to the housing ladder.
For buy-to-let investors, the returns have become even more lucrative, depending on the areas of the UK in which they are investing.
Investors with properties in the North West and Wales are doing particularly well, according to data from property lending firm LendInvest, which has calculated the average annual yield that property owners across England and Wales have made over the past five years.
Manchester, Liverpool and Cardiff are named as the three UK cities where landlords have made the highest returns. Since 2010, property investors have made average annual rental yields of 6.02pc in Manchester, 5.16pc in Liverpool and 5.10pc in Cardiff.
This compares to an annual yield of 4.79pc in London.
At Belvoir Liverpool Central, we totally agree with these figures relating to Liverpool and we feel that we find your properties that will earn an even higher rental yield. If you would like to speak to our experienced consultants regarding this article, then email us on liverpoolcentral.sales@belvoir.co.uk or call us on 0151 231 1613
