Buy to Let Investors
May 05, 2018Luton is Top Location for Buy-to-Let Investors
The UK’s market for buy-to-let investment is attracting more interest more investors than ever before. However, there is one place that has stood out from the rest as far as investor attraction is concerned. It has been revealed that Luton is the top location in the UK for investing in buy-to-let properties.
The future is impressive for the town as it is tagged as the best location for people who are interested in investing in properties that are meant for buy-to-let setups. The quarterly report from LendInvest’s Buy-to-let Index has placed the town in the first place in last year’s third quarter for having achieved the strongest growth in rental price for buy-to-let properties throughout the UK.
The town, which is located in Bedfordshire, has recorded an impressive growth rate in rental price at 8.61%. It is comfortably on the lead from Manchester’s second place at 6.26% and Leeds, which recorded a growth rate of 5.57%. It was also revealed that those who have invested in Luton have successfully secured a capital gains rate of 10.29% on their properties. The typical yield is pegged at 4.51%.
While these figures may not be that impressive when viewed on their own, it is important to remember that these are impressive numbers especially if one were to compare them with the figures that other notable locations in the country have reflected. The performance was dismal, and capital gains have even fallen to negative in some cases. There are even places that showed yields that are as low as below 3%. This is why Luton’s numbers have easily placed it at the top spot.
As a buy-to-let market, Luton is becoming a truly attractive option at present. This is due to a number of supporting factors. It is a commuter hotspot especially for those who are working in London and other nearby areas. It has also cemented a status in being a university town.
In fact, it’s being a university town is seen as a huge reason why Luton has such strong rental yields presently. It could be noted that a large proportion of the accommodations designed for buy-to-let that are present in the area is being dedicated to student housing.
At present, Experience Invest offers a number of residential and student property investment options in Luton. New developments are constantly springing up in the area. It is a vibrant place and a highly attractive one too for people that want to live and work there. With the £110 million planned expansion of its airport and a thriving economy; this is the perfect time for investors to see what the town truly has to offer.
The future is impressive for the town as it is tagged as the best location for people who are interested in investing in properties that are meant for buy-to-let setups. The quarterly report from LendInvest’s Buy-to-let Index has placed the town in the first place in last year’s third quarter for having achieved the strongest growth in rental price for buy-to-let properties throughout the UK.
The town, which is located in Bedfordshire, has recorded an impressive growth rate in rental price at 8.61%. It is comfortably on the lead from Manchester’s second place at 6.26% and Leeds, which recorded a growth rate of 5.57%. It was also revealed that those who have invested in Luton have successfully secured a capital gains rate of 10.29% on their properties. The typical yield is pegged at 4.51%.
While these figures may not be that impressive when viewed on their own, it is important to remember that these are impressive numbers especially if one were to compare them with the figures that other notable locations in the country have reflected. The performance was dismal, and capital gains have even fallen to negative in some cases. There are even places that showed yields that are as low as below 3%. This is why Luton’s numbers have easily placed it at the top spot.
As a buy-to-let market, Luton is becoming a truly attractive option at present. This is due to a number of supporting factors. It is a commuter hotspot especially for those who are working in London and other nearby areas. It has also cemented a status in being a university town.
In fact, it’s being a university town is seen as a huge reason why Luton has such strong rental yields presently. It could be noted that a large proportion of the accommodations designed for buy-to-let that are present in the area is being dedicated to student housing.
At present, Experience Invest offers a number of residential and student property investment options in Luton. New developments are constantly springing up in the area. It is a vibrant place and a highly attractive one too for people that want to live and work there. With the £110 million planned expansion of its airport and a thriving economy; this is the perfect time for investors to see what the town truly has to offer.
Watch the video below to learn more.
Experience Invest delivered highly desirable student accommodation developments in Luton. This has come as part of the town's regeneration. Find out more about the projects from Experience Invest Luton here. For the best locations for investing in the property market, Experience Invest is here to help you. You can also read more Experience Invest reviews here.
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