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Small urban lets offer best yields, survey confirms

A peer-to-peer lender says its study of 1,000 buy to let locations across the UK suggestsfour of the 10 highest yields are in Birmingham, followed by three in Glasgow, and the others in Ipswich and Liverpool. 

LendInvest’s index uses recent asking price data to provide a snapshot of the UK property market, and then overlays the current rental prices to obtain yields. 

It claims the average rental yield for a one bed property across the UK is 5.9 per cent compared to 5.3 per cent for a two bed, 4.7 per cent for a three bed and 4.0 per cent for a four bed.

According to Price Paid data from Land Registry capital gains are 2.6 per cent per year on average across the UK from the year 2010 to 2014. Postcodes in London’s WC1, WC2 and N5 in London have the highest returns on investment yielding up to 25 per cent. 

On the sales side, areas in Manchester and Liverpool have experienced declines in house prices year on year from 2010 while the highest house price increase has been seen in Hackney over the period 1995-2014, experiencing up to eight-fold rises. 

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