The Best Spots For Buy To Let Investors In West Midlands

sunday market (3)

Recently we took a look at some of the best locations in Greater Manchester for buy to let investors and now we’re turning our attentions to Birmingham and the West Midlands.

With high speed rail on its way to Birmingham, and big businesses such as HSBC choosing to make the city their home, the star of the Midlands is seemingly on the rise.

As with Manchester, we’ve looked at the estimated average property values and average monthly rental income from Zoopla, and calculated the buy-to-let yield that you can expect in that area.

Whether you’re looking to make your first investment or branch out your property portfolio into the West Midlands, Coventry is currently your best bet, offering yields of just over 6.5% – more than double that found in Bromsgrove, Solihull, Worcester and Stafford.

Town/City Average Property Price Average Monthly Rental Income Buy-to-Let Yield
Coventry £190,793 £1,046 6.58%
Birmingham £182,983 £949 6.22%
Sandwell £114,962 £576 6.01%
Newcastle-under-Lyme £164,354 £585 4.27%
Stoke-on-Trent £140,063 £483 4.14%
Dudley £155,625 £517 3.99%
Tamworth £208,191 £652 3.76%
Stratford-upon-Avon £377,810 £1,158 3.68%
Warwick £340,221 £1,024 3.61%
Wolverhampton £181,381 £531 3.51%
Walsall £172,778 £498 3.46%
Rugby £245,706 £702 3.43%
Lichfield £288,104 £796 3.32%
Stafford £226,972 £548 2.90%
Worcester £247,941 £584 2.83%
Solihull £378,010 £880 2.79%
Bromsgrove £255,604 £549 2.58%


This entry was posted in blog. Bookmark the permalink.

Comments are closed.

Your home may be repossessed if you do not keep up repayments on your mortgage

Looking for a top class mortgage broker?

How do you pick a good one? By checking their Testimonials page to see how earlier clients have rated them

We offer our testimonials for scrutiny by our industry regulators to verify that they are genuine.

We contacted Search Mortgage Solutions after reading the testimonials on their webpage and we are extremely happy with the service we received. Being first time buyers we wanted to work with someone who could spare time to see us and give us advice based on our situation. Our advisor was extremely professional and helped us secure our first mortgage in a smooth hassle-free manner.  We would happi…
Malika & Mushtaq

Your home may be repossessed if you do not keep up repayments on your mortgage