Finefair Ltd understands how good it can be to put your money into bricks and mortar. This is especially good if you target areas with a healthy buy to let yield. It could give you better returns than you could get by investing your money elsewhere. If you do look at this kind of investment, we can help. We offer a range of services, including the best council leasing Enfield can provide.
Renting in London
The high house prices in many parts of London mean that renting is the only option for a lot of people. The city also has a huge educational sector, attracting students from all over the world. They help to create a lot of rental demand.
However, while demands can be high, the rates you can achieve can vary greatly. Some areas are very robust and have had consistently high demand for a long time. This is largely due to the quality of the homes and amenities. Others areas have lower rental rates because they don’t have the same offering and are therefore less popular.
One thing that we have seen recently though is a number of new areas become rental hotspots. These offer amenities that people want in a post-covid world. For example, areas with more greenery, homes with gardens, fast internet, and good transport links, are in high demand.
Where are yields the highest?
The latest data helps to showcase which postcodes in London can offer the best rental yields. This could give investors a good idea of where to target and what kind of properties to look at. If you are thinking ahead as well, you can work with Finefair Ltd and choose the most reliable council leasing Enfield can offer.
For one bedroom properties, the highest rental yields at the moment are in IG11. This is Upney in Barking, a suburban spot with great amenities like a local Tube Station on the District Line. The buy to let rental yield here is 6.12%.
Several other areas have healthy yields for one bedroom properties. This includes N9 (Lower Edmonton in Enfield) with 5.89% and TW13 (Feltham in Hounslow) with 5.65%.
If you invest in two bedroom properties there are a number of interesting areas. The highest yield is UB1 in Southall, Ealing. Here it is an impressive 5.93%. This is one of the most popular suburbs in London so it is no surprise there is high demand.
The top three also features areas in Upney, Barking and Enfield, just like with one bedroom properties. However, it is EN3 rather than N9 which is the best in the latter. The yield there is 5.52%. Upney has a slightly higher yield at 5.64%.
Three bedroom properties have a slightly lower yield than the biggest yields for one and two bedroom homes. However, the returns are still very healthy. Interestingly three postcodes in Dagenham take the top three spots. Here, RM8 (5.13%), RM9 (5.01%) and RM10 (4.90%) all do very well.
In the top ten you can see the familiar Upney (4.80%), EN3 (4.76%), and N9 (4.61%). There are also other great locations such as Harold Wood in Havering (4.64%), CR0 (4.56%) and Thornton Heath (4.54%) both in Croydon.
Choosing council leasing in Enfield
Finefair Ltd is a team that knows how to be successful with property investments. We have our own portfolio and manage assets for lots of landlords. Our goal is to provide secure returns and great value for money. At the same time we work hard to give every client confidence.
One of the best ways to get a secure income for a property is to lease with a local council. It can overcome issues such as finding tenants and voids. The promise of guaranteed rental income is hard to ignore. It can also offer security against any market shocks that could affect income and yields.
So, if you want to try the best council leasing Enfield can offer, or have assets in other parts of London, speak to us. We can help you select a scheme and get everything started.
