Best Area For Buy To Let - Borehamwood

Posted on Thursday, September 28, 2017

Landlords in the east of England are enjoying the largest returns on property, as the high cost of buying in London outweighs the amount new investors are making from rental yields in the capital.

Halstead, Borehamwood and Brentwood are the places benefiting most from strong rental and house price growth over the past year, according to Rightmove.

Borehamwood's average rental yield was 26.1% in 2015 and the market has continually grown through to 2017.

A property website recorded average house price growth over the past year, as well as the average rent a landlord would have collected in that time. Using this data, Rightmove then ranked the towns and villages offering lucrative gains for buy-to-let investors.

Places in Essex and Hertfordshire make up seven of the top 10 investor hotspots, with Cottingham in Yorkshire the only Northern town to make the list.

Buy-to-let investors in Borehamwood, Hertfordshire have achieved rental yields of 26.1pc in the past year, on average. This compares with just 13.8pc in London.

Source: http://www.telegraph.co.uk/finance/property/11918909/Essex-and-Hertfordshire-named-top-buy-to-let-hotspots.html 

 

Have a look at our Rightmove page to see property in Borehamwood & Elstree http://www.rightmove.co.uk/estate-agents/agent/Simmons-Estates/Borehamwood-44717.html#ram