Property Investors Don’t Need to Spend Big For Higher Rental Yields.

Recent findings from Inventory Base have shown the national average for property rental yield stands at 4.3%. This finding is based on an average house price of £333,030 with a monthly rental income of £1,206.

What the report also highlighted was the different postcodes offering significantly higher returns for investors seeking to maximise their income without spending big amounts in the first place.

Top Hotspots For Yield

These are the places that came in the top five of the report:

Bradford – BD1 Postcode

Average rental yield here came in at 13.1% – this is with the average property price standing at £63,988 and an average monthly rent of £697.

You can view our Compliant and Professional Sourcing Agents covering Bradford here: https://napsa.org.uk/sourcer-search/?region=Yorkshire+and+the+Humber&town=Bradford

“Buy-to-let landlords don’t need to invest huge amounts of money to benefit from a strong rate of return. In some areas, you can invest in three properties for the price of the average UK home and build an instant portfolio with very strong yields”.

Steve Rad, CEO of Inventory Base

Sunderland – SR1 Postcode

The figures are still impressive at 11%, based on the average property price standing at £66,769 and with an average monthly rent of £611.

You can view our Compliant and Professional Sourcing Agents covering Sunderland here: https://napsa.org.uk/sourcer-search/?region=North+East&town=Sunderland

Leeds – LS3 Postcode

For investors planning to spend more than £100,000, this Leeds postcode is shown to come in very high at 12% yield, based on the average house price of £184,178.

You can view our Compliant and Professional Sourcing Agents covering Leeds here: https://napsa.org.uk/sourcer-search/?region=Yorkshire+and+the+Humber&town=Leeds

Know What You’re Getting Into

As always, we strongly advise anyone looking to invest in property (or anything) to seek independent financial advice first.

If you already have this in place and are happy with property as an investment, it could be worth talking to a property sourcing agent or deal packager. One of their core strengths is to understand their local area and strategies.

Where a property may seem an excellent value with high yield, it may cause you significant pain in other areas – such as high crime, regular changes in tenants or voids and a greater chance of damage to your property etc. Professional sourcing agents will be able to advise you on specific locations before you take the leap.

NAPSA’s search platform provides investors with a free resource to find and contact credible, professional, and compliant sourcing agents to help you build your property portfolio.

Start your search today: https://napsa.org.uk

If you have any questions or would like more information, don’t hesitate to get in touch at: [email protected]

NAPSA’s core mission is to educate the sourcing sector for the better, build credibility and trust from investors who have either heard bad things about sourcing agents or been burned themselves. We are building a community of professional and compliant sourcing agents, whilst providing a safer space for investors to search and communicate with approved and credible sourcing agents.