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Getting the best return on Buy-to-Let

28 Jun 2018

The UK’s property sector is in a state of evolution with Millenials, who are known for their need of freedom and limited desire to own financial assets such as homes, dominating the renting market.

GoCompare has researched the best areas for renting out a house and ranked them by average property price and rental yields, population of under 35, number of properties available, number of letting/maintenance agencies, number of new housing developments, properties currently available for rent and rental price growth.

Some key out-takes are:

  • Stoke-on-Trent is the least expensive area to buy property with an average property price of £106k
  • London is in first position with the highest price rent, at an average of £484k
  • In terms of rental growth, Manchester takes the leading position on the ranking with a growth of a 5.76%