It’s fair to say that landlords in the UK have had it tough of late. However, political uncertainty, Brexit and punitive tax hikes aside, the PRS is thriving in many parts of the country. Here, lettings management platform, Howsy, takes a closer look at some of the best.
Howsy looked at the average annual rent in every area of the UK and what it equates to as a percentage of the cost of a property to find the areas that provide a better than average rental return as a proportion of overall house price.
Across the UK the current annual rent of £11,436 accounts for 4.9% of the average UK house price (£234,370).
Purplebricks Group plc (LON:PURP) engages in estate agency business in the United Kingdom, it provides services relating to the sale & lettings of properties.