Blog Post

Yields remain attractive in rental market

TomS - Head Tom Simper Jul 25, 2022, 09:00 AM
268_Dataloft_inform_Insight

Indicative gross yields remain attractive in the rental market. Based on an analysis of apartments sold and rented over the past 12 months the indicative gross yield is 5.8%. This is up from 5.1% 3 years ago.

Indicative gross yields have risen across all regions of England and Wales compared to three years ago.

A survey of over 1,000 landlords by Dataloft with Homelet found that the majority (73%) of landlords were planning for their portfolios to stay the same over the next year, 1 in 10 looking to expand.

Nearly half see their portfolio as their long-term pension, a further 25% consider property the best place to invest, and 17% hope to increase their monthly income.

At present the Bank of England base rate is 1.25%, the average interest rate on a 1-year fixed rate ISA in the region of 2.5%. Rightmove predict rental values will rise by 8% over the course of 2022, rental price growth set to outpace sales growth. Source: Dataloft, DRMA, Land Registy, DLUHC, Homelet, Rightmove, Bank of England, Moneyfacts

Leave a comment
Newest on top Oldest on top
Load more comments
Thank you for the comment! Your comment must be approved first
comment-avatar

"I was shown around a property by Abbey Bird, it was a lovely viewing"

- Sophia

"Sold a property, and Gill was amazing throughout the process!"

- Rachel

"Dewi kept us up to date & was very understanding of my Mum's situation. I would highly recommend selling with this company."

- Jane

"I would like to thank Abbey for all her help and support she offered"

- Marie

"nothing written"

- Nadeeka Edirisinghalage

"Great experience with Peter Anthony! Yaseen Hassan was professional, responsive, and incredibly helpful"

- Samuel Benedict

"If you need an Estate Agent who is going to really go the extra mile, Dewi is THAT person."

- James

"Abbey was very nice and explanatory in all she was saying and Gill is quick to respond"

- Tope