Revealed: favoured buy to let locations with tenants in situ

25 August 2020 | Renting

Revealed: favoured buy to let locations with tenants in situ

A league table has been drawn up to show which large cities in the UK have the highest demand for investment properties with tenants in situ.

Lettings management platform Howsy says the most in-demand locations are Glasgow, Leeds and Bristol.

Separately, Cardiff, Oxford and Leeds are home to the highest chance of buying a buy to let complete with tenant, as measured by properties on the market and listed on Zoopla.

Across all 23 cities assessed by the platform, just 0.8 per cent of properties currently listed for sale come with a tenant in situ. 

“Purchasing a buy to let with a tenant in situ is the modern day equivalent of the golden fleece for UK landlords” explains the platform’s chief executive Calum Brannan.

This post has originally been featured in Letting Agent Today.