Top ten best (and worst) locations for buy-to-let
Wednesday 04 April 2018
Colchester has been named as the best performing location in a top-ten league table of postcodes for buy-to-let investors by specialist lender LendInvest.
The lender assessed the locations on four key characteristics - capital value growth, transaction volumes, rental yield and rental price growth - across 105 postcodes in England and Wales.
As a consequence, the results are perhaps less predictable than a league table drawn up from only one metric, such as yield or capital appreciated.
Colchester tops LendInvest's list with three Midlands locations - Northampton, Leicester and Birmingham - in the top five.
London commuter towns including Dartford, Romford and St Albans - historically strong performers according to these criteria - drop down the table.
The top ten buy-to-let postcodes are: Colchester; Northampton; Leicester; Luton; Birmingham; Manchester; Ipswich; Brighton; Rochester; Norwich.
The bottom ten buy-to-let postcodes are: East Central London; Durham; Halifax; Kingston upon Thames; Cleveland; Watford; West London; South West London; Ilford; Crewe.
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