Editor's note: This brief was summarised by The Property AI Team from a report by Property118. Read the original article for full details.
Tower Hamlets Leads London Buy-to-Let Yield Table
Tower Hamlets currently offers the highest gross buy-to-let yield in London, according to research by Benham and Reeves reported by Property118. The estimated gross yield in Tower Hamlets stands at 6.3%.
The research notes that this figure has risen from 5.5% over the past 12 months. The report highlights that landlords seeking strong returns in London are seeing the best results in the east of the capital.
This information is relevant for letting agents and inventory clerks monitoring market trends and advising clients on potential investment locations within London.
Source: Property118