Liverpool is a buy-to-let hotspot, with buy-to-let yields being in excess of 10%, research from TotallyMoney has found.
Liverpool’s L1 city centre postcode tops the buy-to-let yield table with a potential 10% return on investment and a current asking price of around £90,000.
This area includes the central retail area (including Liverpool One), the commercial district and Chinatown.
Falkirk’s FK3 postcode offers a yield of 9.51%, with a typical asking price of £62,450.
Glasgow is in third, with its G52 postcode offering a 8.71% yield, with asking prices of £82,000.
Mish Liyanage, managing director of The Mistoria Group, said: “Liverpool is continuing to attract large numbers of UK and international investors, as it offers some of the best yields in the UK and excellent occupancy rates.
“With one of the largest universities in the UK and an increasing student population, combined with rising graduate job opportunities, Liverpool is experiencing a booming BTL market, with demand for high-end, quality rental accommodation outstripping supply.
“There is high demand for new and renovated shared accommodation for students and young professionals many of which are looking for affordable, shared accommodation. Over the last 12 months, HMO rents in the city have risen by 6% and now sit at an average of £95 per month.”
