Student rental boom
buy-to-let landlords are attracting rental yields of over ten per cent in some of the UK's most popular university towns.
A poll by delegates at the Property Investor Show revealed that the best towns to rent property in are Nottingham, Durham, Manchester, Hull and Bangor.
Property in Nottingham was found to offer the highest return on investment, with average rental yields increasing by 1.13 per cent since last year.
This is closely followed by Durham, where rental yields rose have risen by 9.23 per cent on last year.
Manchester, Hull and Bangor are the UK's most profitable towns in terms of rental yields, with student landlords in these towns achieving an annual rental yield of seven per cent.
"There will always be a sustained demand for properties which will produce a far greater annual rental yield than the average buy-to let property," said Nick Clark, managing director of the Property Investor Show.
The worst performing towns for rental properties were Warwick and Crewe, with rental yields of 3.92 per cent for each town.
Published 19th August, 2008
© 2008 Estates IT Limited
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Buy-to-let landlords are attracting rental yields of over ten per cent in some of the UK's most popular university towns.