With the release of this year’s A-Leve results, eMoov’s University Property Index looks at the best options for a buy-to-let property investment across the top 50 universities in the UK.
The index looks at the most affordable options where house price is concerned including the cost of stamp duty for a buy-to-let property. It also looks at which university towns offer the highest rental yield for a long-term return on a buy-to-let investment.
The below universities offer the best of both worlds, ranking in the top 10 for both property affordability and a high rental yield.
The Best of Both Worlds
From a combination of the two, eMoov have highlighted the best four options that appear in both top 10 tables, offering an affordable price tag and high rental yield. It just so happens that each country in Great Britain has one entry in the top four, providing potential buy-to-let landlords in each nation an affordable, high-yield option.
Buy-to-Let & Second Home Stamp Duty Explained
Last year the rate of stamp duty paid on buy-to-let or second home purchases changed with an additional 3% added for every price bracket. Now anyone purchasing a house up to £125,000 will have to pay 3% instead of nothing. Between £125k-£250k this increased to 5% instead of 2%, climbing to 15% for anything over £1.5m.
PR & Content Manager