Research by Direct Line for Business has revealed that whilst London landlords top the bill for rental income, earning £1,633 a month per property, investors in Elmbridge, Surrey and South Bucks, Buckinghamshire, are not far behind. The two London commuter belt areas supply a rental income of £1,579 and £1,530 respectively.
Other commuter belt areas make up the top five, with Three Rivers, Hertfordshire, and Sevenoaks, Kent both providing landlords with a monthly rental income of £1,345. Bath and the Cotswolds, despite being further from the hub of London, offer high rental yields at £900 per month.
London topped the list once again when proportion of private rental income was counted, with London landlords collecting £14bn a year. A total which exceeds that of the North East, East Midlands, West Midlands, Yorkshire and East Anglia combined. 44 per cent of the UK’s annual rental payments of £32bn are taken in London.
Click here to read original article 'Top areas for rental income'
