REVEALED: 884 property portfolios for sale in UK right now
Research by easyMoney reveals portfolio prices are the most expensive in the capital and rental yields the lowest after Wales.
The hotspot for investors looking to buy ready-made property portfolios is London, but the yields are better elsewhere in the country.
Research by investment firm easyMoney reveals there are currently 884 portfolios for sale in Great Britain at an estimated average price of £1.2 million.
A regional analysis shows that London has the most ready-made portfolios with 166 currently for sale, or 19% of the national total.
Most expensive
However, the capital is the reserve of ultra-wealthy buyers due to an average portfolio price of almost £2 million, making it by far the most expensive region in the country.
With an average portfolio size of 4.9 bedrooms – the smallest of all regions – the expected rental yield for London is just 2.1%. This is second only to Wales (2%) as the lowest.
In the South East, the average portfolio costs £1.4 million, in Scotland £1.2 million and in the East of England it’s £1.1 million.
The most affordable region is the East Midlands where portfolios cost an average of £879,012.
Ready-made portfolios can be the perfect option as much of the ground work has already been done”.
Jason Ferrando, CEO of easyMoney, says: “Most investors start their journey with a single buy-to-let property, but for those who are looking to take the next step, ready-made portfolios can be the perfect option as much of the ground work has already been done, and it’s much faster than building a portfolio piece by piece.
“Of course, buying a portfolio requires the investor to have large amounts of money up-front, and the ongoing requirements after purchase can be a lot for some investors to deal with, forcing landlords to work very hard for their monthly yield.”
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