Here's the table:
Location | % of housing stock privately rented | Average house price | Average annual rent | Rental yield |
---|---|---|---|---|
Manchester | 26.85% | £108,870 | £8,628 | 7.98% |
Kingston upon Hull | 19.02% | £69,135 | £5,400 | 7.81% |
Blackpool | 24.16% | £79,654 | £5,856 | 7.35% |
Forest Heath | 21.80% | £171,322 | £12,432 | 7.26% |
Coventry | 19.02% | £116,946 | £8,424 | 7.20% |
Southampton | 23.42% | £151,415 | £10,800 | 7.13% |
Nottingham | 21.64% | £89,312 | £6,288 | 7.04% |
Liverpool | 21.75% | £90,426 | £5,928 | 6.56% |
Cardiff | 20.32% | £150,892 | £9,624 | 6.38% |
Portsmouth | 22.28% | £155,696 | £9,900 | 6.36% |
Click here for the full article, it's worth a read http://www.telegraph.co.uk/finance/personalfinance/investing/buy-to-let/11633681/Buy-to-let-hotspots-for-2015-revealed.html?WT.mc_id=e_DM22265&WT.tsrc=email&etype=Edi_Pfi_New&utm_source=email&utm_medium=Edi_Pfi_New_2015_06_03&utm_campaign=DM22265
Regular readers of this blog may raise an eyebrow about the lack of any North East cities and given what we know about the potential returns in the City, the lack Sunderland in particular
Whilst this blog is full of properties that will deliver far better returns than the 6% - 7% Gross Yield shown in many of the Towns & Cities above, ultimately Sunderland is not on the list because, taking all of the investment properties in the City as a whole the returns are going to be generally lower
This backs up what I've consistently advised - that to outperform the average returns you really need to be well informed about what to buy & where to buy (and what not to buy)
If you'd like to have a chat about any aspects of property investment in Sunderland, to ensure that you do get the very best possible returns, please call me on 0191 567 8577 or email neil.whitfield@belvoirlettings.com
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