A recent study carried out by Zoopla found that Northern England and Scotland provide the best returns for Buy to Let landlords, with some locations gaining yields of more than 8%!
The study found that Glasgow came 2nd in the running for gaining the best yields at around 8%. So, Scottish locations are up there with the best contenders!
Or maybe a bit closer to home is Dundee! Which came 7th in the listing! In Dundee they found that the average asking price (for a 2 bed property) is £109,750 with the average monthly rent being £611! Working out at a yield of 6.68%
Maybe its time to think about investing some of those savings into a property? Even a flat which you could let out to students!
Here at Next Home we have a variety of properties available in the Dundee area – to suit all needs and requirements! We also offer a managed lettings service so, if you’re thinking about purchasing a Buy to Let property in Dundee, Scotland’s 4th largest city then call your local property experts today on: 01382 41 30 02