Best Buy to Let Areas

7th March 2018

Landlords looking for the UK's best buy to let areas in 2018 should focus some of their attentions in Essex.

Lend Invests latest Buy to Let Index suggests that apart from Manchester, some of our towns in Essex are amongst the top ten in the UK

The Buy to Let Index is compiled using data from The Land Registry and prominent property portals, and uses all postcodes in England and Wales. It considers key metrics of rental yields, capital gains, rental price growth and transaction volume growth.

Commuter belt towns surrounding The Capital remain some of the best places to buy to let, and these include Southend-on-Sea and Romford.

However, overall Colchester is ranked in second place behind only Manchester, and it has the strongest capital gains of all postcode areas over the last 12 months.

According to the research, here are the 10 best overall buy to let areas within which to invest during 2018:

1. Manchester
2. Colchester
3. Luton
4. Rochester
5. Southend-on-Sea
6. Hull
7. Romford
8. Norwich
9. Leicester
10. Ipswich

Of the top 10 areas across England and Wales for capital gains, in 2017, 3 are within Essex, and with the pending arrival of Crossrail into a number of Essex towns during 2018, further surges in capital growth will, we believe, be witnessed. Ultimately this makes Essex and certain towns within it a hotbed for buy to let investment.

1. Colchester - 11.96%
2. Southall - 11.09%
3. Hemel Hempstead - 10.2%
4. Slough - 10.19%
5. Harrow - 9.89%
6. Ipswich - 9.44%|
7. Luton - 9.16%
8. Southend-on-Sea - 9.12%
9. Ilford - 8.82%
10. Hull - 8.46%

To see our latest buy-to-let opportunities across Essex, just click here.