Tuesday, March 02, 2010

It pays for landlords to be unfashionable

We all know that landlords are deeply unfashionable, but according to new data from Findaproperty the more unfashionable a landlord is, the better yield he can achieve.

Findaproperty have compiled a list of the top 100 yielding areas for BTL property investments.........and in at number 1 with a bullet is the deeply unfashionable ......Blackpool.

Here's the top ten BTL yielding areas.
  1. Blackpool 5.34%
  2. Kingston upon Thames 5.26%
  3. Kirkcaldy 5.19%
  4. East London 4.99%
  5. Manchester 4.87%
  6. Durham 4.86%
  7. Romford 4.72%
  8. Uxbridge 4.63%
  9. London South East 4.62%
  10. Sunderland 4.55%
I remember trying to find a restaurant in Blackpool about ten years ago, god it was grim, I felt more fussy than Michael Winner, is it any better these days?

Read the top 100 in Thisismoney

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8 comments:

  1. I think you need to check you hyperlink to this story (the This Is Money one).

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  2. Thanks RatandMouse - we're now pointing in the right direction.

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  3. Don't know where they get these figures from, I own two properties in Sunderland which are achieving 9% & 11% yields!

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  4. Well in this context,that makes you deeply unfashionable.
    Well done on your high yields, Mr Keys.

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  5. @ MR Keys, I'm new to this game. How have you managed to achieve 11%? If you do not mind sharing your know-how?

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  6. MrKeys: perhaps they worked them out by asking more than one person, and taking an average. Just a guess.

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  7. ....and what makes London South East Unfashionable?

    South East is a big area geographically, it would be nice to know which specific areas are indicated

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  8. i think i may the best yield ever.
    repayment is £ 7.59 a month
    rent £550.00 a month & has been for the last year & a half.
    thats in birmingham !

    ReplyDelete