Rental growth highest in England & Wales
The 4 key factors considered include rental yield, capital gains, rental price growth and transaction volume growth.
The November quarterly report places Colchester firmly back in pole position overall for the second time in 2018.
It was #1 for rental price growth at 6.5% – a full 2.07% ahead of its nearest rival.
|Location||Rental price growth|
“A top 3 regular over the past 12 months, Colchester has reclaimed number one spot in the LendInvest BTL Index this quarter.
It is now the progress of rental prices in the market that drive the attraction this postcode will have to buy-to-let investors.
Home ownership amongst young adults has been in steady decline in the UK and Colchester’s rental market is thriving as a direct result. With development in the market limited, the private rental sector is providing buy-to-let landlords with ample opportunity to benefit from this trend.”
– LendInvest, Buy-to-Let Index Quarterly Report, November 2018
Read more on our website about The PostCOde Essex, our tenant-ready apartments in Colchester.
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