Yorkshire city postcodes among those with best returns to landlords
New research has revealed the postcodes that deliver the greatest yields for buy-to-let investors, with Sheffield featuring in the top five cities.
The study by TotallyMoney found Liverpool postcodes led the way for best returns to landlords.
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Hide AdHowever, it is far from the only location in which a large and healthy return can be made by investors. The survey of 2,700 postcodes in England, Scotland and Wales also highlighted areas of Sheffield, Manchester, Nottingham, and Cardiff as being among the most lucrative buy-to-let spots.
Allison Thompson, managing director at property specialist Leaders, said: “Many UK cities offer incredibly high yields in excess of six per cent to buy-to-let investors, significantly outperforming other investment options such as stocks and shares.
“This research has identified a number of cities with large student populations as offering particularly large yields. This should come as no surprise as students create high demand in many areas, making them a good place to invest.
“It is also worth noting that while the largest yields can often be found away from London and the south-east where initial purchase prices are typically lower, capital growth in more expensive areas will often generate a greater return in the long run.
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Hide Ad“Landlords should discuss their needs with a local lettings expert who will recommend certain locations based on an investor’s ambitions, resources and preference of short, medium or long-term returns.”
Leaders operates more than 120 branches across England and its buy-to-let specialists are ready to support landlords as they seek the perfect investment.