News

LETTINGS NEWS: Landlords still receiving good returns from buy to let

27/04/16

A survey of buy to let across England and Wales has revealed that in the past year landlords have received an average return of over 12 per cent, showing that letting a property remains an attractive investment despite recent tax changes.

The results, revealed by two lettings organisations, show that when capital appreciation and rental income are combined, a typical landlord would have seen a return of £22,135 in the year to March 2016.

Of this, the average capital gain contributed £13,494 while rental income made up £8,641.

This is the equivalent of 12.2 per cent of the value of a typical buy to let property.

This is of course an average, and different areas will produce different figures: however, the survey’s result is the highest for two years and shows the strength of the sector because of growing demand for rental accommodation.

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