Birmingham Named Major Buy-to-Let Hotspot
Birmingham is now in second place behind London in terms of buy-to-let property investment, due to high demand for rental properties and profitable returns in the area.
Over the first six months of this year, Birmingham’s rents averaged £766. This compares favourably to other cities that represent notable buy-to-let markets such as Nottingham (£639), Manchester (£693) and Leeds (£703). It is, however, considerably lower than London’s average of £1,900 over the same period.
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