SALES NEWS: The best property investment? Houses and flats by a mile
Capital appreciation produced by houses and apartments remains significantly higher than the appreciation enjoyed by any other kind of property according to a survey.
The Investment Property Databank, widely regarded as one of the most authoritative consultancies in the property industry, has analysed 9,000 transactions across a range of sectors – homes, industrial buildings, offices, and shops.
While all property types together returned an average capital appreciation of 3.5 per cent in 2016, houses and apartments in isolation showed an average increase of 8.3 per cent.
This survey did not take into account other potential investment income from a house or a flat, such as rent from a tenant if the property is let out.
So although buy to let is a complex activity best undertaken with the help of a professional letting agent, its returns still far outstrip rival investments such as buying and letting a shop or office.