Rental Yields Soar Across All Regions Of England And Wales

Quealy & Co, your trusted lettings agent in Sittingbourne are pleased to report that indicative gross yields remain attractive in the rental market for Kent landlords. Based on an analysis of apartments sold and rented in 2023, the indicative gross yield is 6.7%. This is up from 5.3% in 2021.

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Yields are currently strongest in the North West (8.5%) and have risen across all regions of England and Wales compared to 2021. 66% of landlords are planning on keeping their lettings portfolio the same in the next few years, and 13% plan to increase.

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The top reasons for increasing the portfolio are to build an investment business (26%), to be a pension (22%) and that it is the safest place to invest (17%). Rental growth is forecast to outpace the sales market over 2024, with a forecast rise of 5%.

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Quealy & Co Sales & Lettings Are Here To Help Kent Landlords

If you are a landlord in the Sittingbourne area or are thinking about becoming a residential landlord, get in touch with the team at Quealy & Co, your sales and lettings experts in North Kent.

We can be reached on 01795 429836 or email hello@quealy.co.uk and will be delighted to chat with you and provide advice on property marketing and property management.

Source: #Dataloft Rental Market Analytics, Land Registry, based on £sqft of apartments sold/rented in England and Wales, Property Academy Landlord Survey 2023, Zoopla