Home Recent Landlord News New Data shows where the best return on student properties are

New Data shows where the best return on student properties are

edinburgh-british-landlords-association-studentsThanks to Zoopla we now have the data to see where the best opportunities are for student lets.

Zoopla recently analysed rental data for four-bedroomed homes. Zoopla analysed the type of property students may be sharing in 127 university towns and cities across the UK in September. Zoopla through the data collated identified the the best and worst-performing locations by the average gross rental yield that landlords might expect to get.

Mr Lawrence Hall, spokesman for Zoopla, said: “Parents keen to help their children through the high costs of university may consider the value of buying a property in a student town.

“It also comes as little surprise that with the slowing growth in the property market in the South, buy-to-let investors in the North can get the highest proportional rental returns.”

Buy-to-let in Scotland generally has been very strong but the top cities are doing very well and they are Edinburgh, Glasgow and Stirling. Edinburgh considered an all round good city for buy to let is amongst the top cities with an average yield of 6.59%.

The worse performing buy to let showing the lowest average rental yields were the London commuter belt, with Kingston upon Thames, Hatfield and High Wycombe. These 3 are at the bottom of the list.

Mr Hanson from the British Landlords Association said “London on the face it seems to be the worse area for yields for buy to let landlords, however the other factor that is missing is that London shows the best capital appreciation. Grimsby generally shows an average whopping 14% return however Grimsby has not seen any capital appreciation for 12 years. To my mind we should not just look at yield but it must be yield + Appreciation both factors need to be taken into consideration.  Blackpool over the last 20 years has shown a dreadful appreciation. ”

The list of top 10 places with the highest typical rental yields, based on a four-bedroom property, according to Zoopla, with the typical rental yield:

1. Edinburgh, 6.59%
2. Glasgow, 6.49%
3. Stirling, 5.76%
4. Salford, 5.66%
5. Belfast, 5.64%
6. Dundee, 5.5%
7. Hamilton, 5.38%
8. Leeds, 5.25%
9. Manchester, 5.17%
10. Aberdeen, 5.06%

This is the top 10 places with the lowest typical rental yields, based on a four-bedroom property, according to Zoopla, with the typical rental yield:

1. Kingston upon Thames, 2.81%
2. Hatfield, 2.88%
3. High Wycombe, 3.02%
4. Stoke-on-Trent, 3.13%
5. Lancaster, 3.14%
6. Winchester, 3.24%
7. Carmarthen, 3.28%
8. Twickenham, 3.3%
9. Carlisle, 3.31%
10. Egham, 3.37%

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