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|