North has best rental re­turns

Yorkshire Post - Property - - PROPERTY -

NEW data from the As­so­ci­a­tion of Res­i­den­tial Let­ting Agents shows that homes in north­ern Eng­land are de­liv­er­ing the high­est rental re­turns in the UK.

The North West is the top per­former at six per cent with the North East in sec­ond place at 5.6 per cent

Ian Pot­ter, manag­ing di­rec­tor of ARLA says: “Our data shows that the North West is presently show­ing the high­est re­turn on rental in­vest­ment. But these fig­ures show the pri­vate rented sec­tor is ex­pe­ri­enc­ing the same re­gional vari­a­tions as the sales mar­ket, and there­fore in­vestors should move with cau­tion.”

ARLA agents re­ported a steady rise in the num­ber of land­lords in­creas­ing their in­vest­ment in rented prop­erty.

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