Home London Property News Buy-to-let investments earn landlords £112bn
The gains are the equivalent to an annual return of 12.5% per property and include £4bn rental income plus capital gains. This is an increase of 7.2% year-on-year despite rents only rising by an average of 3.9%.
London was the biggest contributor in terms of growth in value, accounting for 51.8% of the rise.
While the average buy-to-let property delivered a gross annual return of £24,221, the returns for London and south-east England were higher at £59,455 and £27,909.
The value of houses in the private rented sector has risen by 11% over the last year and now stands at £991bn.
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Neil is the Operations Director at Assetgrove Lettings, London's Leading Rent Guarantee Company, providing Landlords with no voids, property maintenance, fee-free property management and stress-free service.
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