19 Apr 2013

Cities that faced decline are buy-to-let goldmines

Property, Publications

‘According to HSBC port cities and seaside towns dominate the table of the highest rental yields. Southampton represents the best value for landlords’ money, with an average monthly rent of £900 compared with an average property price of £138,000, giving a yield of 7.8%. Blackpool and Hull, where prices are even lower, are second and third respectively, while Liverpool and Portsmouth are also in the top ten with yields of more than 6.5%.’

Source: The Times