If you're looking to rent out or if you're already renting out your property in London, it's always good to keep an eye on which areas are offering the best yields. But don't worry about spending hours on the internet to find the latest stats, we have a handy rental yields map which you can explore by clicking here. Alternatively, we've summarised our top areas to buy-to-let in London right now below:
North London has shown positive yield increases over the past 12 months, with most areas north of Camden showing 3.5% yields or above. The hotspot right now, though, is Walthamstow. With a strong community feel, plenty of local businesses popping up and plenty of outdoor spaces, this is a great area for young families balancing their quality of life with a sub 30 minute commute into Central London on the Victoria Line or Overground. Walthamstow is the place to invest, as you're sure to encourage a flock of eager tenants looking to move to the area.
Explore this great Walthamstow property, perfect for buy-to-let with an approximate rental yield of 3.7%.
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There's no doubt about it, the East is definitely showing the best yields at the moment. From The City, which boasts areas of 4.4%, the more you move out, the more impressive the yields become. Our recommendation would be Ilford, an affordable and popular area, set to attract a whole new audience as Crossrail will open there later in the year, offering high-speed access into the capital and driving up house price values in Ilford thereafter too (a cheeky bonus).
Explore this great Ilford property, perfect for buy-to-let with an approximate rental yield of 4.5%.
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The South East is showing great yields, especially for commuters and young families wanting to live in the leafy, homely outer areas and take advantage of the fast train access to Central London. Dulwich is the best performing area, as Central London dwellers are starting to move out in search of bigger properties to rent in more suburban areas, so the area offers a good return for landlords.
Explore this great Dulwich property, perfect for buy-to-let with an approximate rental yield of 5.5%.
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The West shows the lowest yields by area but pockets of Hammersmith, around Ravenscourt Park and Stamford Brook, and in Acton, show encouraging numbers. Still a popular rental hotspot, the area offers quick and easy access to Central London on various Underground lines and, with businesses flocking to the White City area, this is a convenient location for many to live too. Get yourself a property on this side of town and you're also sure to make more in the long-term.
Explore this great Hammersmith property, perfect for buy-to-let with an approximate rental yield of 4.27%.
Explore all properties for sale in Hammersmith.
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