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| Buy-to-let investments in England and Wales are on the rise (Source: Getty) |
The Bedfordshire area has enjoyed a 7.37 per cent increase in rental price growth, according to a research by specialist mortgage lender LendInvest which looked at each postcode area around England and Wales.
The research looked at a combination of four critical metrics: capital value growth, transaction volumes, rental yield and rental price growth.
Previous table-topper Romford drops to 10th place following a 2.13 per cent decrease in capital gains and falling rental yields. Meanwhile, Manchester entered the top 10 following impressive rental price growth of 7.53 per cent.
Christian Faes, co-founder and CEO of LendInvest, said: “Against a backdrop of all the political upheaval the country has endured in the last quarter, it isn’t surprising to see some significant changes in the performance of postcodes against one another. We’ve seen last quarter’s top performing postcode, Romford, fall nine places; while Manchester - unofficial home of the Northern Powerhouse - ascended to the Top 10 for the first time.
“These shifts, however, are more isolated than systemic and the fact that there has not been a greater shake-up in the top 10 buy-to-let postcodes signals the durability and resilience of the UK property market.”
http://www.cityam.com/266735/uk-house-prices-best-and-worst-areas-buy-let-investments-uk
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