New research from Findaproperty shows that Southampton now boasts one of the highest rental yields averaging 8.12%, this is followed by Leeds and Virginia Water in Surrey, with rental yields of 7.52% and 7.5% respectively.
Chris Horne Editor of the landlord website Property Hawk observed. "It's promising news that yields are moving ahead. The main contributory factors are rising rents and depressed house prices."
"I suspect that yields will continue to increase over the next years as rents continue to move ahead faster than the underlying value of property."
"This is all good news for landlords who should continue to see cashflow improve whilst also benefiting from a double whammy as the relative size of their loans fall due to the high level of inflation."
Landlord insurance - time to renew?
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