Rents On The Rise

April 23rd 2013
By: Acquarone
Rents On The Rise

Recent industry research by LSL property services has revealed that rent levels are rising and bucking the recent downward trend to stand 4.2% higher than the same time last year. Looking at the data researchers expect this upward trend to increase and have summarised that the average total annual return on a rental investment has risen to 6.3%, representing an average return of £10,329.

Assuming that the trend experienced in the past three months continues, this research suggests that the average property investor in England and Wales should expect to make a total annual return of 10.9% per property over the coming 12 months or £18,173 per investment property.

If you wish to discuss your portfolio or your next move why not pop into branch for a coffee or a chat or simply get in touch with us, one of our experienced lettings professionals will be happy to help.