Cardiff is one of the top cities for buy-to-let investment
Cardiff, as the capital of Wales, has always been a popular choice in the UK for buy-to-let investments. Recent significant developments in Cardiff have further encouraged landlords to invest here, as it becomes one of the fastest-growing cities in the UK. Cardiff’s average rental yield is around 6- 7%, with some postcodes stronger than others. CF10 has a rental yield of 5.9% and CF43 has a 7.61% rental yield. However, some of our portfolios based in CF24 achieve a gross rental yield of up to 9.2%.
There are many benefits to investing in Cardiff, the removal of the bridge toll along with all the exciting developments and attractions in motion, as well as Cardiff being an attractive choice for graduates, are all in favour for the buy-to-let market.
With the student season underway, students have started moving into their accommodation ready for the academic year as restrictions ease following Covid-19. The pandemic has changed the way we live, work, and study, however, the long term impacts are unknown. High demand in university towns for rental accommodation means the landlord can benefit from this type of demand.
University towns such as Dundee, Leicester, Liverpool all join Cardiff in one of the better places to invest in buy-to-let.
“With many of the top universities not only attracting the best students but also providing rental yields way above the UK average, a university buy-to-let could be the key to profitable investment in what are otherwise tough times for landlords at present.”
If you are interested in buying a property in Cardiff to let out, contact us to discuss your interests.
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