Property that is bought for the sole purpose of becoming a rental is now harder to come by. The property market has seen an increase which is good for sellers, but not so great for the buy to let generation. But there is still hope for potential buyers, that involves looking in certain areas for a good deal. Areas such as Enfield, Rotherham and Twickenham have seen a double figure capital gains increase.
Key Takeaways:
- Property investors looking to invest in the UK buy-to-let market may wish to consider buying property in Luton, which currently offers the best return on investment
- Luton in Bedfordshire is currently the most profitable area in the UK for buy-to-let landlords
- Other areas to perform well included Stevenage, Enfield, Northampton, Dartford, Southend-on-Sea, Romford, Chelmsford, Southall and Twickenham.
“‘If you are looking for possible investment locations in the UK, you can’t go wrong by beginning your research with a scan of the top buy-to-let postcodes.'”
https://www.biznews.com/global-investing/2016/11/22/uk-property-investment-england-wales/