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The UK’s most profitable cities for BTL landlords unveiled

Salford has been identified as the most profitable buy-to-let city for landlords, according to research by CIA Landlord. 

The study found that property in Salford commands an average price of £173,311 along with an average rental price of £1,052 per month. 

CIA Landlord calculated the best cities for buy-to-let investments based on average property price, rental price and stamp duty savings. 

Manchester follows closely behind Salford with property prices averaging £193,681 and rental income at £1,141 per month. 

Leeds, Portsmouth and Belfast also feature in the top five buy-to-let hotspots.

High Wycombe in Buckinghamshire ranked as the worst city for landlords purchasing a buy-to-let property, with average property prices hitting £430,891 and rental prices averaging at £945 per month. 

In London, Havering was the number one borough for profitability according to the study, with property prices averaging £395,832 and monthly rental prices reaching £1,895. 

Properties in Kensington and Chelsea, which are among the most expensive in Europe, unsurprisingly offer low profitability margins.

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    Another useless article. The average sold properties are not the same properties as the average rental properties, which tend to be at the lower end of the market and give far higher yields than is suggested here.

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