Monthly rents grew by 4.8% last year, giving buy-to-let investors a yield of 6.1%. The average monthly rent climbed to £716, up from £682 in 2010.
The biggest monthly rise was in East Anglia where rents grew by 8%, but in the North, a sizeable 6.9% rise was recorded.
Surprisingly, rents in Greater London grew by less, 5.6%, although the average monthly rent in London ended the year at £1,212 – 69% higher than the national average.
The lowest average rents are in Wales (£474), the North (£488), and Yorkshire & Humber (also £488).
The figures are from BM Solutions, the buy-to-let brand of Lloyds Banking Group.
Source: Estate Agent Today