The best cities to rent out property on a room by room basis unveiled
A number of buy-to-let landlords prefer to rent out property on a room by room basis instead of renting the whole property to one person or a family.
Some landlords prefer this option as it sometimes offers an opportunity to bank higher incomes per month, while tenants get to reduce their monthly rent by sharing it with others.
But what cities in the UK are ultimately best to rent out property on a room by room basis?
New research by Glide has revealed the top ten share hotspots based on house share opportunities, the cost of rent, job opportunities, amenities and affordability.
The study, which looked to identify the best house share hotspots across the country for students and young professionals, found that Bristol is the number one city in the UK for house sharers, based on the criteria.
Bristol was ranked the best location, with 229 advertised jobs per 10,000 people and 945 house shares available
Nottingham’s consistency across the rankings meant the city came in second - with its job opportunities, broadband speeds and university rankings all scoring in the top ten, it was only let down by relatively high rental costs.
Birmingham made up the top three locations, with its comparably low rents helping it to score well, but was let down by having only 145 job opportunities per 10,000 people currently advertised.
The top ten house share hotspots are:
1. Bristol
2. Nottingham
3. Birmingham
4. Manchester
5. Liverpool
6. Derby
7. Southampton
8. Brighton and Hove
9. Leicester
10. Portsmouth
No comments:
Post a Comment