According to Property Reporter, while North Devon may be the best place to invest in a home to live in, you’d to best to look much further north for the best buy to let locations and opportunities.
Scotland dominates Top Ten for best buy to let locations
According to research by lettings platform Howsy, eight of of the top ten places for Return On Investment in the UK are in Scotland, with a Scottish Top Three comprising of Glasgow with an ROI of 7.5%, Midlothian and East Ayrshire with a rate of 6.8% each, and then West Dunbartonshire with 6.7%. Burnley is flying the flag for England as it is joint fifth in the table with Belfast, both home to current ROI yields of 6.5%.
Newer, flexible property portfolio management options
Howsy claim that anyone can take advantage from the current rental yield hotspots in the UK, thanks to ever-increasing technological solutions that mean that landlords and property investors don’t necessarily need to be investing in their local vicinity.
The Maison View
While a rental yield of 7.5% is certainly impressive, we also firmly believe that knowledge of the local market is crucial. The Daily Telegraph reported that Ipswich was one of the UK’s top 10 property investment hotspots last year, and the East of England is an ideal area for investing in property. At Maison we are based in the East of England and would love to show you how we can out your property investment ideas into bricks and mortar! Contact Us for more information.
