Landlords in the north of England are enjoying the best returns on their buy-to-let investments, according to research.
Paragon Mortgages' Buy-to-Let Index for April reveals that investors located in Yorkshire saw the best returns, closely followed by the north-west.
Canny Yorkshire landlords see average returns of 57.8 per cent on their buy-to-let property, whilst those in the north-west follow with returns of 44.0 per cent.
"As property values in northern areas have generally held up better than those in southern parts, so overall returns have remained stronger," said John Heron, managing director of Paragon Mortgages.
"Yorkshire, for example, has had an almost uninterrupted trend of rising house prices over the past 12 months, while the north-west has seen increases in nine out of 12 months."
Landlords in East Anglia are worst-off, according to the research, actually losing 6.21 per cent on their property investments, rather than gaining.
At a national level, buy-to-let property prices continued to stabilise this month, reaching an average of £152,622.Click here to find out more about buy-to-let mortgages.
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