Where should you invest for your next BTL?
Top 10 cities for Landlords.
The CIA Landlord has announced where in the UK is the most profitable area to invest in.
Brighton ranked as the most profitable city for landlords for the second year in a row.
1. Brighton 2. Bangor 3. Portsmouth 4. Leeds 5. Lancaster 6. Bristol 7. Coventry 8. Manchester 9. Nottingham 10. Salford
St Albans revealed as the worst city to become a landlord with an average monthly loss of -£735.36
Only 6 out of 33 London boroughs are profitable for landlords in 2021, down 48% from last year’s profitability for London
Kensington and Chelsea is the least profitable London borough for landlords in 2021
Being a landlord can provide a lucrative income if planned correctly, but it’s not just about renting out a property. Many people may jump into it without fully understanding what’s required and costs.
You can see full details of the survey herehttps://lnkd.in/ddfQS6W
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