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West Midlands To Offer Best Rental Yields In 2012
The West Midlands is primed to be a key spot for buy-to-let property investment in 2012, with high rental yields expected.
Analysis from Love Money, compiled using data from buy-to-let mortgage provider Paragon, suggested the region will present rental yields of 6.5 per cent.
Gross rental yields of greater than six per cent will also be offered in Yorkshire and the Humber, the north-east, south-west, Wales and the east of England, the figures suggest.
"Landlords and investors primarily seeking income should avoid Central London, the East Midlands and the north-west, which offer lower gross yields of between 5.5 per cent and 5.7 per cent a year," Love Money advised.
Kames Capital also recently suggested alternative accommodation types will offer opportunities for property investment in 2012, in particular student property.
Head of property investment Phil Clark said "a high income yield, an ability to track inflation and low vacancy rates" are what make these alternative properties so attractive to investors.
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Article date: 1/5/2012 12:00:00 AM